Digital Euro - Team Lead for the Functional Product Design team

Analysis and Policy Advice
Market Infrastructure & Payments

General Information

Type of contract Fixed-term contract which may be converted into a permanent contract after three years subject to individual performance and organisational needs

Who can apply? EU nationals

Salary H (bracket 1 - step 1) full time monthly net salary: €7,699 plus benefits, for further information see what we offer.

Role specialisation Market Infrastructure

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 19.08.2024

Your team

You will be part of the Directorate Digital Euro within the Directorate General Market Infrastructures and Payments. Following the launch of the digital euro preparation phase in November 2023, the focus is now on further preparation to develop a digital euro, building on the findings from our investigation phase. 

We are looking to fill a team lead position in the End-to-End Product and Delivery Division. This division consists of four teams: Functional Product Design, IT Architecture, Testing and Operational Readiness, and Sourcing, plus a Project Management Office.

You will lead the Functional Product Design team, preparing product design decisions, detailing end-to-end flows and defining user requirements and implementation specifications. Your team will determine how the digital euro service platform will deliver the functionality needed to provide payment services. You will be accountable for specifying the tasks performed by technical components procured by the Eurosystem and working with market stakeholders to develop implementation guidelines for the digital euro scheme rulebook governing interactions with intermediaries.

The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.

Your role

As Team Lead Functional Product Design you will manage the team determining how the digital euro service platform will deliver the functionality needed to provide payment services.
You will be responsible for managing and guiding your team in line with the plan for the preparation phase of the digital euro project. 

Your responsibilities will include, but are not limited to: 
  • leading the development of efficient end-to-end processes, business rules and implementation guidelines governing the interaction between everyone involved in the digital euro payment solution;
  • leading the work on specifying the functional requirements that determine the product design of the digital euro and the development of its back-end;
  • liaising with a variety of stakeholders, including Eurosystem national central banks, governance groups and market participants;
  • managing the day-to-day tasks of team members, ensuring deliverables are achieved and milestones are met in a healthy and fulfilling working environment;
  • coordinating with other team leads to ensure cross-functional support is provided in the Division and the Directorate General.

The position offers you excellent opportunities to shape the future of central bank money available to all citizens and firms in the euro area and, in doing so, support the digitalisation of the euro area economy. You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens. 

Qualifications, experience and skills

  • a master’s degree or equivalent in business administration, economics, project management, finance, computer science or another relevant field (see How you can join us for details on degree equivalences);
  • in addition to the above, a minimum of five years’ professional experience in retail payments, of which at least two years managing teams in projects and/or transversal activities;
  • proven analytical skills and experience in coaching team members to prepare concise and clear notes and reports;
  • an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.

  • experience in developing digital payment products and/or retail payments market infrastructure;
  • experience in developing end-to-end flows and/or user requirements and/or implementation specifications in the area of payments;
  • experience in engaging with internal and external stakeholders to ensure their needs are addressed while ensuring project deliverables are achieved.

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. You are skilled at encouraging people to develop their abilities and are able to build up high-performing teams.

You are motivated to contribute to the ECB’s mission, to serve the citizens of the EU as a member of a public institution and to work with colleagues from all over Europe.

You are highly motivated to guide teams in their daily work and support their professional development.

Further information

For additional information on this specific vacancy, you can speak to the hiring manager Andrea Pinna, on +49 (0)69 1344 8513 between 11:00 and 12:00 on Friday 9 August. 

Application and selection process

The recruitment process for this position will be conducted remotely. It may include a pre-recorded interview in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – a written exercise, a presentation and interviews. The (pre) selection process is planned to take place in September.

If you are not selected for this position but are still considered suitable, you will be placed on a reserve list (see step 4 of How we hire), from which you might be considered for similar positions within the ECB.

Find out how to apply for a position at the ECB. 

Read more about how you can join us.