Market Infrastructure Specialist (digital euro)

Market Infrastructure & Payments
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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 E/F (1) (minimum full time monthly net salary €4,229 and benefits, see further information section)

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 01.07.2022

Your team

You will be part of the Directorate General Market Infrastructures and Payments (DG-MIP). Our Directorate has around 150 staff working on, and monitoring, market infrastructures and payment systems (TARGET2, T2S, TIPS, ECMS), as well as providing catalyst functions in the areas of market integration and market innovation. 

Our Directorate General is working on the possible issuance of a digital euro for retail payment services. In your role as Market Infrastructure Specialist, you will be part of a Eurosystem team that is focused on the digital euro project. You will engage actively with colleagues from other business areas and report to the digital euro Programme Manager. 

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 Specialist you will:
  • contribute to integrating the policy objectives of a digital euro into the project’s design requirements;
  • help develop an understanding of the digital euro’s potential impact on the economy and on integration and innovation with regard to the retail payments system;
  • engage and collaborate with market stakeholders, fintech firms, academics and the central bank community on innovative technologies of mutual interest that could be used for the digital euro project;
  • participate in preparing the functional and/or technical specifications for the digital euro;
  • plan and prepare communications for the project.
The position offers you excellent opportunities to gain insight into the continuous technological innovation of the financial industry, particularly in the field of payments. You will have the opportunity to develop your understanding of the payment needs and preferences of people and businesses in the euro area. You will also be able to increase your awareness of the industrial organisation of the payments market and its relevance for the economy. 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 bachelor’s degree or equivalent in business administration, economics, finance, STEM (science, technology, engineering or mathematics) or another relevant field (click here for details on degree equivalences); 
  • in addition to the above, a minimum of one year’s experience working with business intelligence related to technological developments and their potential use in the financial system;
  • basic knowledge of the functioning of market infrastructures and payment services;
  • experience presenting complex functional and/or technical topics in a clear and concise manner to internal and external audiences;
  • 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.

  • at least one year’s experience in one or more of the following fields: policymaking at a public institution (preferably in an international context), functional and/or technical design in the area of retail payments, or product development in the retail payments industry. 
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 European Union 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.

Working modalities

We would be happy to discuss a part-time arrangement for this role.

Further information

The contract offered will be fixed-term, the appointment being until end September 2023 as of the exact starting date of the selected person, extendable to up to 36 months. 

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 Team Lead, Andrea Pinna on +49 (0)69 1344 8513 between 10:00 and 12:00 on Friday, 24th of June.

Application and selection process

The recruitment process for this position 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 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.

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