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
30.11.2024
Who can apply?
EU nationals working for national central banks of the ESCB, international governmental organisations or other employers performing central banking or banking supervision tasks within the framework of the Eurosystem
Salary
F/G (bracket 1 - step 1) full time monthly net salary: €7,296 plus benefits, for further information see
what we offer.
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
16.09.2022
Your team
You will be part of the Audit Missions Division in the Directorate Internal Audit. Our Directorate has around 40 staff members and provides independent and objective assurance services, as well as consulting services, under the direct responsibility of the Executive Board of the European Central Bank (ECB). The Division is in charge of auditing both central banking and banking supervisory functions, in addition to the shared services functions which support them. It provides ECB business areas with advice on risk and control-related issues and contributes to the work of the Internal Auditors Committee and its substructures.
In your role as Internal Auditor, you will be part of a dynamic and multicultural team that strives to make a positive impact on the lives of European citizens by providing assurance services in the domains of monetary and macroprudential policy, as well as finance. The team works closely with a number of ECB business areas, in particular, with the Directorate General Market Operations, the Directorate General Macroprudential Policy and Financial Stability, the Directorate Risk Management and the Directorate Finance. This position offers you excellent opportunities to gain an inside view of the workings of the ECB and the European System of Central Banks (ESCB) in these domains.
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 Internal Auditor you will:
- provide auditing services and advice on managing risks, by performing audits and issuing independent opinions mainly on monetary and macroprudential policy, finance-related business and control processes, and related IT systems, as well as making the corresponding recommendations;
- develop audit programmes and the associated audit procedures, carry out the related fieldwork and perform risk-based testing of controls, evaluate risks and assess the effectiveness and efficiency of controls, and draft and present audit reports;
- perform follow-up work on audits, assessing whether recommendations have been suitably implemented;
- build trust and good working relationships, collaborating closely with ECB business areas and potentially with ESCB committees;
- examine issues critically and objectively from an informed, balanced and risk-based perspective before making recommendations or reaching conclusions.
Qualifications, experience and skills
Essential:
- a master’s degree or equivalent in monetary or macroprudential policy, financial risk management, finance or another relevant field (click here for details on degree equivalences);
- in addition to the above, a minimum of three years’ recent professional experience in auditing in the domains of monetary or macroprudential policy, financial risk management or finance;
- excellent analytical and presentation skills, including the ability to simplify issues, identify root causes, provide new insights and recommend risk mitigation measures;
- a proven ability to draft complex documentation in a clear and concise manner;
- a proven ability to effectively communicate risks and complex issues to management and increase acceptance of the findings;
- 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:
- good understanding of the central bank environment;
- experience in related IT systems (e.g. TMS, SAP) and the risks these are exposed to;
- relevant professional qualifications (e.g. Certified Internal Auditor, Association of Chartered Certified Accountants, Certification in Risk Management Assurance).
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.
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 Fotios Christoforatos on +49 152 22530089 between 15:00 and 16:00 CET on 7 September 2022.
Application and selection process
The recruitment process for this position will be conducted remotely. It will include a written exercise, a presentation and 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.
