General Information
Type of contract
Traineeship
Who can apply?
EU nationals eligible for our traineeship programme
Grant
The trainee grant is €1,170 per month plus an accommodation allowance (see further information section)
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
13.05.2022
Your team
You will take part in a unique one-year trainee programme, working on internal audit activities with colleagues from across Europe. You may spend the entire year at the ECB in Frankfurt am Main, Germany, or you may divide your time between the ECB and either (i) the national central bank of an EU country or (ii) a national supervisory authority participating in the Single Supervisory Mechanism (SSM). You will work under the guidance of experienced auditors, following a dedicated training programme focusing on the technical audit skills and the related soft skills that are required to become an auditor.
While working at the ECB, you will be part of a multicultural team of around 45 members of staff adding value to the ECB’s operations by providing independent and objective assurance and consulting services. The team strives for continuous innovation to make a positive impact on the lives of European citizens.
If you spend part of the year at a national central bank or supervisory authority you will gain insight into their roles within the European System of Central Banks (ESCB) or the Single Supervisory Mechanism and how their internal audit functions contribute to the assurance processes for the ESCB or SSM as a whole.
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 trainee, you will:
- prepare process review documentation in specific areas (e.g. flowcharts, written control assessments and narrative descriptions);
- contribute to the preparation of technical documents, working papers and reports dealing with particular stages of audit programmes and supporting fieldwork;
- apply different approaches and techniques in response to specific issues;
- analyse complex processes and procedures with a view to proposing improvements;
- establish and maintain strong working relationships with fellow auditors and colleagues in other business areas;
- support the coordination of audit work in terms of planning, methodology, quality assurance and continuous improvement;
- support and work with a wide range of professionals at all levels of the relevant organisation.
This position offers excellent opportunities to: (i) learn more about central banking and banking supervision in the European Union; (ii) gain extensive insight into internal audit activities at the ECB and potentially also a national central bank or supervisory authority; (iii) use your language and communication skills in a professional environment; (iv) gain practical experience by working with highly skilled professionals on audit missions; and (v) take part in a structured training programme looking at the role of an internal auditor at the organisation(s) to which you are assigned.
Qualifications, experience and skills
Essential:
- a bachelor’s degree or higher in internal audit, business administration, information technology, accounting, finance, controlling or another relevant discipline;
- an interest in internal audit;
- knowledge of the functioning of the Eurosystem, the ESCB and European banking supervision;
- a good knowledge of the MS Office package, particularly 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:
- a master’s degree in internal audit, business administration, information technology, accounting, finance, controlling or another relevant discipline;
- knowledge of the International Professional Practices Framework established by the Institute of Internal Auditors;
- knowledge of financial institutions;
- practical experience in one or more of the following fields: internal audit, IT audit, business administration, information technology, accounting, finance or controlling;
- an advanced (C1) command of other official languages of the EU.
You are curious and eager to learn, and want to further develop your ability to analyse complex information. You are keen to collaborate with others, pursue team goals and learn from other people’s diverse perspectives. You strive to know and anticipate stakeholder needs, and will signal any need for change and propose alternative solutions.
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 keen to be part of our team and to use your skills and competencies to achieve the aims of this position.
Working modalities
This traineeship will comprise either (i) a year-long assignment at the ECB or (ii) a shorter assignment at the ECB and another at a national central bank or a banking supervisory authority (subject to possible constraints and developments in relation to the COVID-19 pandemic). It may also involve additional business travel. For the assignment at the ECB, you will,
if you are eligible, receive a monthly accommodation allowance or be given free accommodation at one of the ECB residences. For assignments at a national institution, a monthly accommodation allowance will be paid.
Further information
Traineeship of 12 months in total. The starting date is 15 October 2022.
For additional information on this specific vacancy, you can speak to Vitor Antunes on +49 172 7587656 between 11:00 and 12:00 CET on Friday, 6 May or between 11:00 and 12:00 CET on Thursday, 12 May.
Application and selection process
Further information on how to join us is available on our
website.
The recruitment process for this position will include a pre-recorded video interview in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – an online interview.
If you are not selected for this position but are still considered suitable, you will be placed on a reserve list for 12 months from the closing date for applications, from which you might be considered for similar positions within the ECB.
