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
H (bracket 1 - step 1) full time monthly net salary: €8,130 plus benefits, for further information see
what we offer.
Role specialisation
Supervisory Policies
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
13.03.2022
Your team
You will be part of the Supervisory Policy Division in the Directorate General Horizontal Line Supervision. Our Directorate General has more than 200 staff tasked with strengthening risk expertise in the supervision of banks, conducting benchmarking exercises and industry-wide assessments, developing policy stances, and maintaining supervisory methodologies.
The Supervisory Policy Division provides supervisory policy support to internal parties within the Single Supervisory Mechanism (SSM), contributes to policy work of other EU institutions and coordinates ECB Banking Supervision’s participation in international and European fora. It also develops policy stances, evaluates the impact of regulation and identifies potential shortcomings to ensure that prudential regulations are devised in a way to promote the stability of the banks supervised by the ECB.
In terms of policy development, the last steps in the Basel reform package are being completed and the COVID-19 pandemic has provided plenty of insight into the functioning of the current framework. With the legislative proposals on the EU’s banking package ongoing and the European Commission initiating a review of the macroprudential framework, you will be able to contribute to the dynamic conversation surrounding the regulatory framework applicable to banks.
In your role as Team Lead of the European Supervisory Policy team, you will be part of a team of nine members of staff responsible for the interrelation between micro- and macroprudential policy tools, policy work related to rules governing access to the EU banking market and the review of the ECB’s policies for the exercise of options and discretions available in EU law. You will work closely with experts from other horizontal functions and the teams responsible for financial stability and macroprudential policy.
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 age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.
Your role
As a Team Lead European Supervisory Policy you will:
- coordinate the work within your team and guide your team members in their daily work;
- develop policy positions in close cooperation with internal stakeholders, national competent authorities and European institutions;
- provide policy advice on micro- and macroprudential issues and support the coordination of ECB Banking Supervision’s engagement in EU legislative processes;
- represent the team both within and outside the organisation, e.g. in international working groups.
We are seeking a candidate for this role who demonstrates the potential for growth, and we support the selected candidate in their future development of the required knowledge, skills or competencies.
The position offers you excellent opportunities to experience the implementation of supervisory policy as an integral part of the SSM, enhance your skills to manage stakeholders, guide a diverse and motivated team of experts and work in an inspiring and dynamic environment. 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 business administration, economics, finance, accounting, political science, law or another relevant field (click here for details on degree equivalences);
- in addition to the above, a minimum of five years’ professional experience in banking supervision or financial stability, in legal, institutional or financial services, or in supervisory policies, standards and principles;
- at least three years’ experience in leading highly qualified staff from diverse backgrounds;
- experience in policy development both related to micro- and macroprudential regulatory frameworks in an international context gained by working in an international institution, national competent authority or central bank;
- strong communication and presentation skills gained in a multicultural environment, and the ability to engage with a range of internal and external stakeholders, including senior management and staff;
- 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:
- experience in chairing and/or participating in international working groups.
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 skilled at encouraging people to develop their abilities and are able to build up high-performing teams.
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 aware of your strengths and areas for development and know what motivates you to perform at your highest level.
Working modalities
Working for European banking supervision involves spending short periods of time abroad for meetings 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.
We would be happy to discuss a part-time arrangement for this role.
Further information
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/presentation and interviews.
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.
