Traineeships in Operational Risk and Business Continuity Management

CSO/Operat.Risk & Bus.Continuity, CSO/Organisational Effect.Group
You can no longer apply

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 12.04.2023

Your team

You will be part of the Operational Risk and Business Continuity Management Section, which forms part of the ECB’s Chief Services Office. 

Our team is responsible for developing, implementing and maintaining the policies that govern the management of operational risk, business continuity and critical incidents at the ECB, and for providing other business areas with methodological support for any related matters. 

We also produce a holistic risk profile for the ECB, coordinating bank-wide risk assessments and associated acceptance procedures, carrying out business impact and threat analyses, and running resilience exercises and tests. In addition to this, we monitor and report on the status of risk mitigation measures and follow up on high-impact incidents at the ECB. Furthermore, our Section supports operational risk and organisational resilience management across the Eurosystem, the European System of Central Banks, and European banking supervision. 

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 in our Section, you will:
  • provide support with tasks relating to all three of the Section’s core disciplines (operational risk, business continuity and critical incident management);
  • maintain systems containing operational risk and business continuity-related information;
  • be responsible for maintaining the external loss database, as well as data relating to the ECB-wide mass notification tool and associated alert exercises;
  • monitor the news to keep abreast of external threats;
  • support resilience exercises and tests;
  • contribute to regular risk and control self-assessments (RCSAs), which includes preparing an enterprise risk and resilience dashboard for the decision-making bodies and senior management of the ECB.

This position offers you excellent opportunities to gain hands-on experience in a team that fosters organisational resilience and acts as a second line of defence against non-financial risks. In this role you will be able to develop strong analytical and communication skills by interacting with a variety of stakeholders across the ECB. 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 higher in non-financial risk management, business and/or public administration, auditing, information technology or another relevant field;
  • experience analysing data and producing reports;
  • knowledge of organisational resilience, operational risk, business continuity, or crisis management;
  • a good knowledge of the MS Office package, in particular PowerPoint and Excel;
  • good skills in data processing and data visualisation;
  • 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.

  • experience in the financial/banking sector; 
  • experience using Visual Basic for Applications in MS Excel; 
  • a basic understanding of the functioning of the ECB, the European System of Central Banks and the Single Supervisory Mechanism.

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

You will occasionally be expected to work at the ECB’s recovery site to enable the ECB to maintain its business continuity capability.

Further information

Three traineeships are available, each of a maximum duration of 12 months. Their respective start dates are 15 July 2023, 1 September 2023 and 1 November 2023.

Other details on the conditions applicable to traineeships at the ECB can be found on our website.

Application and selection process

Further information on how to apply is available on our website.

The recruitment process for this position will include 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 other traineeship positions within the ECB.