Market Infrastructure Project Management Expert - Testing and Migration

Project Management
Market Infrastructure & Payments

General Information

Type of contract Fixed-term contract, which may be extended subject to individual performance and organisational needs

Who can apply? EU nationals

Salary F/G (1) (minimum full time monthly net salary €4,914 and benefits, see further information section)

Role specialisation Market Infrastructure Project Management

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 29.09.2021

Your team

You will be part of the Market Infrastructure Support Division in the Directorate General Market Infrastructure and Payments. Our Directorate General has around 140 staff who seek to ensure that Europe’s financial markets can rely on safe and efficient market infrastructures, while embracing innovation and contributing to further European integration. Our responsibilities are threefold: we provide payment and securities settlement infrastructures under the TARGET Services brand; we monitor the performance of financial market infrastructures and payment instruments; and we work with the financial sector to promote innovation and harmonisation of business practices across Europe.

In your role as a Market Infrastructure Project Management Expert with a focus on testing and migration, you will be part of a dynamic team of approximately 30 people closely involved in the development and deployment of large-scale market infrastructures at the European level. You will provide support to key market infrastructure initiatives such as TARGET2-Securities (T2S) releases, the T2/T2S consolidation project and the Eurosystem Collateral Management System project. The team also supports the expansion of these infrastructures to new participants. 

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 Market Infrastructure Project Management Expert, you will:
  • develop and manage efficient testing and migration processes for Eurosystem market infrastructure projects and development;
  • draft documents detailing the implementation of the testing and migration strategy, including the definition and planning of testing and migration activities;
  • coordinate the work of technical groups composed of testing and migration experts from various actors (e.g. national central banks and central securities depositories) involved in testing activities related to Eurosystem market infrastructure projects and development; 
  • manage testing and migration projects, including the collection of test and migration data, and produce testing and migration reports;
  • engage and collaborate with other teams both within and outside the ECB (e.g. Eurosystem service providers and external testing and migration experts) to promote open and efficient collaboration on testing and migration activities.

This position offers you an excellent opportunity to work in a dynamic environment and help to support some of the world’s largest 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

  • a master’s degree or equivalent in finance, economics, business administration, mathematics, engineering, physics, computer science or another relevant field (click here for details on degree equivalences);
  • in addition to the above, a minimum of three years’ experience in the testing and migration of payments and/or securities settlement infrastructures;
  • the ability to deliver results within tight time frames, manage multiple assignments and prioritise tasks appropriately;
  • a proven ability to present subject matter in your area of expertise to internal and external audiences in a clear and concise manner;
  • 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.

  • an excellent functional knowledge of T2S and the interdependencies between market infrastructures and financial market participants at European and global level;
  • experience in the testing of T2S and/or migration to T2S;
  • testing or project management certification. 

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 use your skills and competencies to achieve the objectives of this position.

Working modalities

We are willing to discuss part-time arrangements.

Further information

The contract offered will be fixed-term, the appointment being for two years as of the exact starting date of the selected person.

Temporary appointments may be extended or made permanent subject to organisational needs and budgetary constraints. This may result in a staff member with a non-convertible fixed-term contract being offered a convertible contract in accordance with the ECB Conditions of Employment.

For additional information on this specific vacancy, you can speak to the hiring manager, Mayte Arráez González, on +49 (0)69 1344 95369 during the publication period of the vacancy notice.

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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