Financial Stability Expert (ESCB/IO) - Financial Regulation and Policy

Analysis and Policy Advice
Experienced
Macroprudential Policy & Financial Stability
4562

General Information

Type of contract Short-term contract, which may be extended to up to 36 months subject to individual performance and organisational needs

Contract end date 01.05.2023

Who can apply? EU nationals working for international public sector organisations or EU organisations performing central banking or banking supervision tasks. Your current contract must extend at least 1 year beyond the end of the potential employment at the ECB.

Salary F/G (1) (minimum full time monthly net salary €6243 and benefits, see further information section)

Role specialisation FinancialStability&MacroprudentialPolicy

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 14.12.2021

Your team

You will be part of the Financial Regulation and Policy Division in the Directorate General Macroprudential Policy and Financial Stability. Our Division monitors and assesses, from both a financial stability and a financial integration perspective, EU and global regulatory, supervisory and macroprudential policies for the main sectors of the financial system. The Division is also responsible for developing the ECB’s policy stance for global and European policy discussions for the financial sector. 

In your role as Financial Stability Expert, you will be part of a team that contributes to analytical, legal and policy work on macroprudential regulation, including conducting impact analyses on various policy proposals. The team also participates in international and European discussions on policy development and works closely with the European Commission, the European Systemic Risk Board and the European Banking Authority.

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 a Financial Stability Expert you will:
  • monitor and analyse developments relating to financial regulation, financial supervision and macroprudential policy both within and outside the EU, identifying the main issues from a financial stability or financial integration perspective;
  • contribute to analytical or legal assessments, as well as corresponding policy work and impact analyses on macroprudential regulation;
  • develop and support the ECB’s policy stance by preparing briefings, notes, reports, consultation responses, speeches and presentations for management, staff and members of the Executive Board, working with other ECB business areas;
  • represent the ECB in working groups and policy discussions with national competent and designated authorities, and with other European or international organisations involved in formulating regulations and macroprudential policies, including the European Commission, the European Systemic Risk Board and the European Banking Authority;
  • develop and maintain contacts with counterparts at national central banks and supervisory authorities and with colleagues in other ECB business areas.


The position offers you excellent opportunities to influence the policy debate on high-profile issues and to work with some of the top experts in financial stability analysis. 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

Essential: 
  • a master’s degree or equivalent in economics, law, finance, business administration, political science or another relevant field (click here for details on degree equivalences);
  • in addition to the above, at least three years’ professional experience in policy or analytical work in areas such as  macroprudential policy, financial regulation and supervision, financial stability arrangements and financial integration;
  • a working knowledge of financial services policy issues;
  • extensive experience in presenting the results of empirical or legal analyses and broader policy arguments in a clear, concise and non-technical manner in reports, publications and policy discussions;
  • 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.

Desired: 
  • knowledge of the work currently being conducted at the European and international level on the reform of the regulatory framework, particularly familiarity with the macroprudential policy framework in the EU;
  • experience in building relationships with a diverse group of internal and external stakeholders; 
  • experience in acting as a representative at international fora.


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 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 motivated to be part of our team and to develop and use your skills and competencies to achieve the objectives of this position.

Further information

The contract offered will be short-term ESCB/IO, the appointment being for 24 months as of the exact starting date of the selected person, extendable to up to 36 months.

For additional information on this specific vacancy, you can speak to the hiring manager, Michael Wedow, on +49 (0)69 1344 6972 between 13:00 and 14:00 on Friday, 3 December.

Application and selection process

The recruitment process for this position will be conducted remotely. It will include a written exercise, a presentation and interviews. 
 
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