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
31.01.2026
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 2 - step 1) full time monthly net salary: €8,039 plus benefits, for further information see
what we offer.
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
24.08.2023
Your team
Disclaimer:
This vacancy is conditional upon approval to start the next phase of the digital euro project. Although the selection process is being initiated now, contracts will only be offered subject to approval of the related headcount by the ECB’s Governing Council on 18 October 2023.
The Directorate General Market Infrastructure and Payments is currently looking to fill several senior expert positions in their Digital Euro Programme team which is responsible for preparing the potential launch of the digital euro.
The overall goal during the next phase of the project – the preparation phase –is to ensure readiness to issue a digital euro that would meet Eurosystem requirements and the needs of prospective users, which would require the adoption of digital euro legislation. Learning through experimenting and piloting will be a further important activity.
The key activities in the next phase will include:
- setting up the digital euro distribution model to ensure active involvement of intermediaries;
- facilitating the digital euro compensation model in line with prospective legislation;
- setting out the digital euro product functional design and the future operating model;
- preparing for the IT provision of the Eurosystem digital euro platform and experimenting technical solutions;
- implementing a communications strategy for the digital euro;
- engaging with relevant stakeholders, including providing rapporteur functions for the various stakeholder groups;
- detailing the features that would encourage end users to take up the digital euro;
- supporting the related project management activities.
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 Senior Market Infrastructure Expert and depending on your profile, you will be responsible for one or more of the following:
- drawing up end-to-end processes for the distribution of digital euro to end users for different use cases;
- researching and coordinating the definition of the ISO and EU standards required for the various digital euro use cases (P2P, e-commerce and POS);
- facilitating the development of the digital euro scheme rulebook;
- conducting further research into the digital euro user experience;
- supporting adoption of the proposed legislation;
- analysing the impact of the digital euro on the role of intermediaries, including a detailed analysis of implementation and operating costs;
- refining the digital euro product proposition by further detailing the functional and non-functional requirements (including cybersecurity aspects) for the digital euro product and architecture;
- drawing up the testing strategy and operating model for the digital euro;
- assessing how well the solutions proposed by the potential service provider(s) (Eurosystem central banks or third parties) comply with the digital euro platform design requirements.
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 project management, economics, business administration, finance, a STEM subject, 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 seven years’ relevant professional experience (other than as a trainee or intern) in any of the following fields:
- analysis, development or implementation of payment systems and/or services;
- business, operational and/or technical implementation of retail payment solutions;
- policy analysis of retail payment systems and solutions, ideally with a focus on legislative and compensation aspects;
- project and/or vendor management;
- IT security or cyber resilience for market infrastructures or retail payment solutions.
- a track record in delivering high-quality results within tight time frames and managing multiple assignments simultaneously;
- experience in coordinating and prioritising tasks;
- an ability to clearly present subject matter in your area of expertise to internal and external audiences;
- proven analytical skills and experience in drafting 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.
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 contracts 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.
Candidates must have a contract of employment with their home institution for a period of at least one year beyond the duration of the ECB contract being offered.
For additional information on this specific vacancy, you can speak to the hiring managers, Giulia di Rienzo, on +49 (0)69 1344 4816 between 14:30 and 15:30 on Wednesday, 9 August and/or Andrea Pinna on +49 (0) 1344 8513 between 10:00 and 11:00 on Thursday 24 August.
Application and selection process
The recruitment process for this position will be conducted remotely. It may include a pre-recorded video interview in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – a written exercise, a presentation 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.
