Banking Supervisor, Supervisory Policies Division, Frankfurt, Germany

• Organization: ECB - European Central Bank
• Country: Germany
• City: Frankfurt, Germany
• Office: ECB - European Central Bank in Frankfurt
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Closing date: Wednesday, 24 January 2018

Banking Supervisor, Supervisory Policies Division

F/G

You will be part of the Supervisory Policies Division in the Directorate General Microprudential Supervision IV. The Supervisory Policies Division has more than 50 staff in total. We coordinate and develop ECB Banking Supervision's stances and initiatives with regard to both internal and international policies. We follow the international regulatory and supervisory agenda and we support the Joint Supervisory Teams (JSTs) in the application and interpretation of the European regulations and international supervisory standards and principles, as well as providing policy support on Brexit-related supervisory issues. In your role as Supervisor, you will be part of a team of several members of staff responsible for providing policy advice on supervisory issues relating to Brexit. Your specific role would be as policy expert on matters relating to the regulation and supervision of investment firms, following closely an expected upcoming legislative proposal from the Commission on investment firms. You will also be expected to work closely with the rest of the Brexit team in the Supervisory Policies Division in close cooperation with other business areas of the ECB and the relevant national competent authorities (NCAs). The Single Supervisory Mechanism (SSM) refers to the system of banking supervision in Europe. It comprises the ECB and the national supervisory authorities of the participating countries. To further enhance the diversity of our team, we particularly encourage applications from female candidates.

As a Banking Supervisor you will:

• follow the issues on the international and EU regulatory and supervisory agenda, particularly relating to investment firm regulation and supervision;
• contribute to the development of the ECB's supervisory and regulatory policy stances, linking developments in the setting of international/EU standards with the internal policy work of the ECB, and more broadly, the SSM;
• coordinate and collaborate with NCAs and the relevant international and European institutions by establishing and maintaining regular contact with these strategic partners, as well as possibly representing the Division both internally and externally;
• provide high-quality advice and analysis, and prepare - or coordinate the preparation of - briefings, notes, memoranda, external publications and dossiers, notably with regard to international standards and EU prudential regulation, to support senior management and the ECB's decision-making bodies, including the Supervisory Board; The position offers you excellent opportunities to shape important policy decisions in the area of investment firm regulation and supervision and extensive possibilities to further develop in your career. You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens.

The recruitment process for this position may include a written exercise, a Skype interview and and/or panel interviews.

Essential:

• a master's degree in a relevant field such as economics, finance, mathematics, business administration and law, or a bachelor's degree in one of these fields combined with at least four years of relevant professional experience;
• three or more years of professional experience (seven or more years in the case of a bachelor's degree, as mentioned above) in financial services, banking supervision or financial stability, or in the coordination of relevant national and international policies or related consulting services;
• a highly developed understanding of investment firm regulation and supervision and proven ability in these areas, for example from professional experience, in a competent authority or other such organisation;
• an advanced-level command of English and an intermediate command of at least one other official language of the EU.

Desired:

• sound professional experience in supervisory policies, standards and principles, or in financial policy development;
• professional experience with European and international bodies on banking regulation and supervision and/or familiarity with the existing European and international supervisory regulations and/or prudential and accounting legislation;
• experience in dealing with European negotiation processes, as well as in interaction and stakeholder management with European organisations, such as the European Commission, the European Parliament and the EBA;
• knowledge of other official languages of the EU.

Behavioural competencies: You engage collaboratively with others. You pursue team goals and learn willingly from other people's diverse perspectives. You signal any need for change by explaining it and proposing alternative solutions. You analyse complex information effectively and can evaluate different views to arrive at solutions. You know and anticipate stakeholder needs.

Working for European banking supervision involves spending short periods of time abroad for on-site visits or training. This important part of our work is complemented by an environment in which well-being and a good work-life balance are fostered. Playing a role in European banking supervision also entails collaborating in multinational and multicultural teams and operating in the context of different national frameworks, for which a strong ability to use different EU languages for business purposes is an asset

Applications are to be made in English and submitted using our online application form. An 'Applicants' Guide' can be downloaded from our recruitment pages.

The recruitment process may include a pre-screening exercise, a written exercise, a presentation and interviews.

This vacancy is specifically for members of staff of ESCB institutions and international organisations who are not already working at the ECB on a fixed-term or permanent contract, in order to foster collaboration within the ESCB and other international organisation. An applicant's current employer should be: (i) the national central bank of an EU Member State; or (ii) a European or international institution (e. g. the BIS, EBRD or IMF). Selected candidates are seconded to the ECB by their current employer and must have a contract of employment with their current institution ending at least one year after the end of the proposed period of employment at the ECB.

Applications are accepted from nationals of Member States of the European Union.

Applicants are encouraged to discuss their interest in being seconded to the ECB with their line management prior to applying.

Further information on the ECB's Conditions of Employment for short-term positions can be found at https://www.ecb.europa.eu/careers/what-we-offer/contract/escb/html/index.en.html

The requirements laid down in the vacancy notice must be met by the closing date for applications.

This vacancy notice may be used to fill the same position again, or similar positions, within 12 months of the selection decision.