Infrastructure Oversight Specialist (data analytics)

Banking Supervision & Entities Oversight
Market Infrastructure & Payments
6364

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 E/F (bracket 1 - step 1) full time monthly net salary: €4,229 plus benefits, for further information see what we offer.

Role specialisation Infrastructure Oversight

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 11.12.2022

Your team

You will be part of the Securities and Derivatives Section in the Oversight Division of the Directorate General Market Infrastructure and Payments. Our Directorate General has 140 staff who ensure that Europe’s financial markets can rely on safe and efficient market infrastructures, while embracing innovation and contributing to further European integration. We provide payment and securities settlement infrastructures under the TARGET Services brand, promote innovation and the harmonisation of business practices across Europe, and oversee market infrastructures and payments. The Securities and Derivatives Section comprises 15 members of staff who oversee post-trade market infrastructures, prepare Eurosystem assessments in the context of activities related to central counterparties (CCPs) and central securities depositories, and contribute to post-trade-related legislation by providing input for the related ECB policy stance.

In your role as an Infrastructure Oversight Specialist, you will be part of the analytical team working in European and international fora to inform the ECB and Eurosystem oversight stance. You will also contribute insights from data analytics to support the oversight of financial market infrastructures, in particular CCPs. 

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 an Infrastructure Oversight Specialist you will:
  • use advanced programming skills to analyse large-scale granular datasets in order to gain policy and research insights;
  • conduct ad hoc analyses related to the functioning of financial market infrastructures, in particular CCPs, taking into account developments in financial markets, new technologies, security threats and vulnerabilities, and climate change;
  • prepare tables, charts and other analytical material and draft regular reports for the ECB’s line management and senior management;
  • cooperate with colleagues from other ECB business areas and with counterparts in European and international authorities;
  • present results and insights to the ECB’s line management and senior management, as well as other stakeholders, in internal and external meetings.

The position offers you excellent opportunities to work on a diverse range of topics related to the oversight of post-trade infrastructures and help ensure the safety of European financial market infrastructures. 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 bachelor’s degree or equivalent in finance, economics, business administration, science, technology, engineering, mathematics or another relevant field (see How you can join us for details on degree equivalences);
  • in addition to the above, a minimum of one year’s professional experience of data analysis in one or more of the following fields: the oversight, supervision, auditing and/or operation of financial market infrastructures;
  • experience in analysing large and/or complex datasets (with proficiency in at least one of the following languages: Python, MATLAB, SQL);
  • a good understanding of securities and derivatives markets, financial market infrastructures and their interdependencies (gained, for instance, in your university studies, traineeships and/or professional experience);
  • 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: 
  • proven experience in conducting analysis based on data reported under the European Market Infrastructure Regulation and/or the Securities Financing Transactions Regulation;
  • a good understanding of the role of CCPs in financial markets and of CCP risk management practices (gained, for instance, in your university studies, traineeships and/or professional experience).

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 aims of this position.

Working modalities

We would be happy to discuss a part-time arrangement for this role.

Further information

The formal title for this position will be Infrastructure Oversight Specialist.

For additional information on this specific vacancy, you can speak to the hiring manager, Francesco Vacirca, on +49 (0)69 1344 1409 between 15:00 and 17:00 on 2 December 2022.

Application and selection process

The recruitment process for this position will be conducted remotely. If you are invited to participate in the selection phase, it will include a written exercise and an interview. 

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 joining us.