Supervisor in Strategic Risk and Analytics (ESCB/IO)

Supervisory Strategy & Risk
3387

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 31.05.2022

Who can apply? EU nationals working for the international public sector organisation 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 monthly net salary €4,914 and benefits, see further information section)

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 28.04.2021

Your team

You will be part of the Strategic Risk and Analytics Division in the Directorate Supervisory Strategy and Risk. Our Directorate has 65 staff working towards two complementary objectives: (i) defining the strategy and priorities of European banking supervision, and (ii) promoting consistency in supervisory outcomes by acting as a second line of defence. 

In your role as Supervisor, you will be part of a team of 18 members of staff responsible for identifying and monitoring the main risks to the banking sector and banking supervision with a view to defining supervisory priorities, working with a broad range of internal and external stakeholders, including, for example, ECB business areas in charge of bank-specific, horizontal and on-site supervision, national competent authorities, EU institutions and market participants. The team carries out ad hoc strategic projects and independent risk analyses that drive risk identification and assessment and reviews of supervisory priorities. In addition, the team develops the risk tolerance framework and analytical tools that support the second line of defence (e.g. in the context of the Supervisory Review and Evaluation Process). 

The Single Supervisory Mechanism (SSM) is the system of banking supervision in Europe. It comprises the ECB and the national supervisory authorities of the participating countries. 

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 your gender, gender identity, ethnicity, sexual orientation, age, religion, disability or other characteristics.

Your role

As a Supervisor in the Strategic Risk and Analytics Division you will primarily:
  • support the development and implementation of the ECB’s new risk identification and monitoring framework, covering both risks to the banking sector and supervisory risks;
  • support the 2022 risk identification exercise with a view to identifying and assessing the main risks and vulnerabilities of the banking sector (risk map) and contribute to the elaboration of the ECB’s supervisory strategy and concrete proposals to address the risks and vulnerabilities (supervisory priorities); 
  • contribute to and sometimes lead targeted ad hoc analyses on risk-related issues relevant to European banking supervision (e.g. in the area of business model/profitability, credit, market and non-financial risks, banking consolidation, etc.) and support the market intelligence activities of the Division.
The position offers you excellent opportunities to help shape the risk identification, assessment and priority-setting process of the Division and to contribute to the development of the strategy of ECB Banking Supervision. 

You will be able to cover a wide range of topics, using your in-depth experience of banking supervision and risk management as well as your strategic mindset. 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, finance, engineering, mathematics, statistics or another relevant field (click here for details on degree equivalences);
  • in addition to the above, a minimum of three or more years of professional experience in the field of banking risk management and/or banking supervision;
  • strong knowledge and proven experience in dealing with at least two of the following risks from a business, supervisory and/or prudential perspective: credit risk, market risk, liquidity risk, business model/profitability risk, capital adequacy;
  • excellent drafting and communication skills;
  • advanced knowledge of MS Office, including Word, Excel and PowerPoint;
  • 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: 
  • excellent analytical and quantitative skills, including proven programming ability;
  • knowledge of R would be an asset.
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 be part of our team and to use your skills and competencies to achieve the objectives of this position.

Working modalities

Working for European banking supervision involves spending short periods of time abroad for on-site visits or training. This important part of our work is complemented by an environment in which well-being and a good work-life balance are fostered. Playing a role in European banking supervision also entails collaborating in multinational and multicultural teams and operating in the context of different national frameworks, for which a strong ability to use different EU languages for business purposes is an asset.

Further information

The contract(s) offered will be short-term ESCB/IO, the appointment being for 12 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 Frédéric Lardo (Deputy Head of Division) at times to be arranged with Monika Banbura (Management Assistant – email: monika.banbura@ecb.europa.eu).

Application and selection process

For further information on how to join us, read more.

The recruitment process for this position will include interviews.