Supervision Analysts (ESCB/IO) – 2025 EU-wide stress tests (JST)

at  The European Central Bank

General Information
Type of contract Short-term contract, which may be extended to up to 36 months subject to individual performance and organisational needs
Contract end date 31.07.2025
Who can apply? EU nationals working for national central banks of the ESCB, international governmental organisations or other employers performing central banking or banking supervision tasks within the framework of the Eurosystem
Salary E/F (bracket 1 - step 1) full time monthly net salary: €5,914 plus benefits, for further information see what we offer.
Role specialisation General Banking Supervision
Working time Full time
Place of work Frankfurt am Main, Germany
Closing date 09.09.2024
Your team
You will be part of the Directorate General Systemic and International Banks, the Directorate General Universal and Diversified Institutions or the Directorate General Specialised Institutions and Less Significant Institutions. Together, these Directorates General are responsible for conducting the direct and day-to-day supervision of significant banks under the Single Supervisory Mechanism (SSM).
In your role as Supervision Analyst, you will be part of a Joint Supervisory Team (JST) responsible for the supervision of a specific significant bank. You will work closely with supervisors from both the ECB and the national competent authorities.
The 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 Supervision Analyst you will:

• participate as JST representative in the 2025 EU-wide stress test exercises involving several institutions and JSTs;
• perform quality assurance activities on information submitted by SSM banks participating in these stress tests, provide technical and analytical input to support decision-making and carry out related activities;
• engage and collaborate with various stakeholders across the ECB, as well as with supervised banks on specific issues and results;
• discuss the outcomes of the 2025 EU-wide stress tests with relevant colleagues at the ECB and the management of the supervised bank;
• contribute to the development of supervisory methods and initiatives for cooperation and information-sharing within the SSM.

Depending on the team’s business needs, you may alternatively be allocated to the JST’s regular work, which will include contributing to the assessment of the business model, governance, risk measurement and management, and capital and liquidity positions of the supervised banks. This work will also include identifying supervisory activities, drafting recommendations and assessing the implementation of risk mitigation measures.
The position offers you excellent opportunities to develop a profound understanding of supervisory stress tests, the work of a JST and the impact of risk areas on banks’ capital positions. 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, business administration, accountancy, law or another relevant field (see How you can join us for details on degree equivalences);
• a sound understanding of the functioning of credit institutions, the Single Rulebook, risk management or auditing;
• 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 or equivalent in economics, finance, business administration, accountancy, law or another relevant field (see How you can join us for details on degree equivalences);
• in addition to the above, two or more years’ professional experience (other than as a trainee or intern) in central banking, banking supervision, finance, consulting, auditing or law, or working for rating agencies;
• previous experience in stress test exercises.

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 be part of our team and to develop and use your skills and competencies to achieve the aims of this position.
Working modalities
The ECB teleworking rules apply. For selected weeks, on-site presence in the ECB’s Frankfurt headquarters may be required for certain key phases of the project timeline.
Further information
The contract(s) offered will be short-term ESCB/IO, the appointment being for six to eight months as of the exact starting date of the selected person, extendable to up to 36 months. Candidates must have a contract of employment with their home institution for a period of at least one year beyond the duration of the ECB contract being offered.
For additional information on this specific vacancy, you can speak to the hiring manager, Iannis Dahak, on +49 (0)69 1344 4420 between 14:00 and 16:00 on 31 July or 28 August.
Application and selection process
The recruitment process for this position will be conducted remotely. It will include an interview.
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.
Find out how to apply for a position at the ECB.
Read more about how you can join us.

Please refer the Job description for details