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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: F/G band and benefits
Working time: Full-time
Place of work: Frankfurt, Germany
Closing date for applications: Monday, 22 October 2018
You will join the Decision-Making Policy Section which is part of the Decision-Making Division in the Directorate General Secretariat to the Supervisory Board (DG/SSB).
The Decision-Making Division supports and ensures the efficient decision-making of Single Supervisory Mechanism (SSM) structures and guarantees the institutional quality of their decision-making processes. The SSM refers to the system of banking supervision in Europe. It comprises the ECB and the national supervisory authorities of the participating countries. We provide support to the Supervisory Board by preparing its meetings and drafting supervisory decisions. The Section focuses on guaranteeing the institutional quality of supervisory decision-making processes. We ensure the completeness of the legal bases of decisions and their compliance with legal requirements, revise supervisory decisions, assess divergent opinions raised and follow up on the administrative and judicial reviews of SSM legal acts, as well as advising the Chair and Vice-Chair on supervisory decision-making. We also contribute to various policy projects.
In your role as Legal Counsel you will be part of a team of several experts responsible for reviewing supervisory decisions (in particular fit and proper decisions and common procedures) and contributing to policy projects. You will work closely with colleagues in the Decision-Making Process Section and in other SSM business areas.
To further enhance the diversity of our team, we particularly encourage applications from female candidates.
As a Legal Counsel you will:
- review and finalise documentation, in particular supervisory decisions prepared by the business areas of the SSM, prior to their submission to the decision-making bodies;
- contribute to the drafting of policy notes and briefings, in particular on issues of institutional relevance for the decision-making processes;
- act as a contact person within the Secretariat for decision-making processes related to your portfolio of work, providing advice and assistance on how best to channel policy dossiers through the SSM decision-making processes;
- liaise with national competent authorities on issues relevant for Supervisory Board decision-making;
- contribute to knowledge sharing and knowledge management within the Division and to the implementation of innovative and efficient work processes that ensure sound decision-making and good governance.
The position offers you excellent opportunities to get a good overview of supervisory policies and measures and to contribute to a smooth decision-making process. 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 master’s degree or equivalent in law obtained in an EU Member State;
- in addition to the above, a minimum of two years of practical experience in a relevant field of law;
- a good working knowledge of EU law;
- an advanced level command of English and an intermediate command of at least one other official language of the EU.
- an additional degree in law and/or academic experience and/or a publication record in subjects specifically related to banking regulation, financial services regulation, and/or resolution;
- legal experience in relation to banking supervision, banking activities or the functioning of the SSM;
- experience of preparing and implementing decision-making processes and of steering policy dossiers through those processes;
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.
Working for European banking supervision involves spending short periods of time abroad for on-site visits or training. 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 are willing to discuss part-time arrangements.