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: €4,869 plus benefits, for further information see what we offer.
Working time Full time
Your team You will be part of the Directorate General Microprudential Supervision III. Our Directorate General has around 115 members of staff responsible for overseeing the supervision by national supervisors of banks classified as less significant institutions (LSIs) and conducting the comprehensive assessments of banks classified as significant institutions. You will join one of our three divisions: Supervisory Oversight and NCA Relations, Analysis and Methodological Support and Institutional and Sectoral Oversight. Banking supervision in Europe is carried out under the Single Supervisory Mechanism (SSM), which 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 Supervision Analyst, you will, depending on the division to which you are assigned: • contribute to the asset quality review of European banks by conducting off and on-site quality assurance and maintaining and refining the methodology and analytical tools; • assist in the assessment of banks’ risk profiles, business models, own funds, governance, etc. (e.g. in the context of authorisations or crisis management for LSIs); • provide analysis of risks and vulnerabilities affecting LSIs and perform specific sectoral analysis, benchmarking, monitoring and thematic reviews of LSIs; • assist in the development of positions for the SSM on issues relating to LSIs, prepare notes for the Supervisory Board of the ECB and external audiences, and provide input and prepare materials to support the decision-making process; • contribute to the development and maintenance of supervisory methodologies with regard to LSIs (e.g. for the Supervisory Review and Evaluation Process and stress testing); • contribute to the assessment of significance for all entities under European banking supervision and the maintenance of the list of supervised entities; • ensure efficient cooperation with internal and external stakeholders, including the national supervisory authorities. The positions offer you excellent opportunities to apply your knowledge of prudential regulation, accounting principles, risk management and banking supervision and to deepen your understanding of the European banking landscape. They also provide extensive scope for you to further develop your career. 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 economics, finance, mathematics, statistics, business administration, accountancy, law or another relevant field (for details on degree equivalences, https://www.ecb.europa.eu/careers/before-you-apply/html/index.en.html); • in addition to the above, a minimum of one year of relevant professional experience in banking supervision, financial services, consulting, auditing, risk management, rating agencies or financial regulation; • knowledge of the functioning of credit institutions, accounting principles, prudential or financial regulation and/or risk management processes and methods; • 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, https://www.coe.int/en/web/common-european-framework-reference-languages/table-1-cefr-3.3-common-reference-levels-global-scale. Desired: • sound knowledge of analytical tools or programming languages such as Python, SAS, R, Tableau and/or SQL; • relevant professional experience in credit risk assessment and/or valuation of loans and other financial assets and or prudential or financial regulation; • an ability to analyse complex reports and datasets and translate complex ideas into clear, accessible language for non-expert audiences. 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.
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. Due to quality assurance activities related to the asset quality review your role may include frequent and long-term travelling (e.g. consecutive weeks, excluding weekends). We are willing to discuss part-time arrangements.
Further information Some of the contracts will be convertible into permanent contracts after three years subject to individual performance and organisational needs. 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 these specific vacancies, you can speak to the hiring manager, Giuseppe Davide Barillà, on +49 (0)69 1344 4452 between 12:00 and 13:00 on Tuesday, 12 and Tuesday, 19 November. The recruitment process for these positions may include a pre-recorded video interview in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – an on-site written exercise, a presentation and interviews.
Application and selection process
For further information on how to join us, read more.