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EBA Policy Expert Position Summary

Core Content

The European Banking Authority (EBA) is an independent EU authority established in 2011 under Regulation (EC) No. 1093/2010, later amended by Regulation (EU) No 1022/2013. It is part of the European System of Financial Supervision (ESFS) and collaborates closely with other financial authorities such as EIOPA, ESMA, the Joint Committee, and the ESRB. The EBA's mission is to improve the functioning of the EU internal market by ensuring high-quality, effective, and consistent regulation and supervision in banking, payments, and e-money sectors. It also promotes financial stability, transparency, and the protection of depositors and investors.

Key Responsibilities

The Policy Expert position, specifically in the area of Crisis Management, involves the following main duties:

• Policy Development: Preparing policy stances and providing policy advice in the areas of crisis management, structural measures, and shadow banking.
• Opinion and Guidance Creation: Contributing to the development of opinions, guidelines, binding technical standards, and Q&A responses.
• Monitoring and Reporting: Monitoring the implementation of EU legislation by Member States and preparing reports on this.
• Internal Support: Supporting internal committees and subgroups, including their chairpersons.
• External Representation: Representing the EBA externally in technical discussions and consultations.
• Coordination: Cooperating with other ESAs and the ESRB to ensure coordinated and possibly joint policy stances.
• Consultation and Training: Facilitating external consultations, training, and impact assessments for relevant guidelines and standards.

Eligibility and Requirements

1.1 General Eligibility Criteria

• Must have thorough knowledge of one EU language and satisfactory knowledge of another.
• Must be a national of an EU Member State, EFTA Member State, or a country with which the EU has opened accession negotiations.
• Must be entitled to full citizen rights.

1.2 Specific Eligibility Criteria

1.2.1 Qualifications

• Must have completed university studies of at least three years, evidenced by a diploma.
• Qualifications must be awarded by EU/EEA authorities or recognized as equivalent.
• If obtained outside the EU, must be recognized by an EU/EEA authority and a document attesting to this recognition must be included.

1.2.2 Professional Experience

• Must have at least four years of full-time professional experience in bank regulation, supervision, or operations.
• Experience is counted from the date of diploma award to the application deadline.
• PhD studies may be counted as professional experience if they were paid or supported by a grant.

1.2.3 Language Skills

• Excellent knowledge of English is required, both written and spoken.
• Native English speakers must prove their second language skills.

Selection Criteria

• Proven knowledge of EU banking regulation and its application in crisis management.
• Experience in drafting policy stances or regulations and banking supervision.
• Ability to present information to management on regulatory developments.
• Experience in engaging with stakeholders in the EU legislative process.
• Professional experience in regulation, supervision, or banking operations.
• A combination of different types of experience is considered an asset.

Additional Requirements

• Experience in EU/multicultural/international environments.
• Ability to manage workload independently and work without close supervision.
• Flexibility and fast learning abilities.
• Excellent communication skills.
• Teamwork and interpersonal skills, with the ability to work efficiently under pressure.

Appointment and Secondment Details

• The position is a secondment from a national supervisory authority or an IGO.
• The minimum duration is two years, with the possibility of renewal.
• The home authority remains the employer and is responsible for salary and social rights.
• The expected starting date is as soon as possible.

Conditions of Secondment

• The candidate is entitled to daily and monthly subsistence allowances, set annually by the Commission.

Application Process

• Applications must be submitted in English to vacancies@eba.europa.eu by 16 August 2014 at 12:00 noon London time.
• Applications must include:
  • Curriculum Vitae in Europass format.
  • Motivation letter.
  • Eligibility criteria grid.
  • Statement of employer supporting the application.
• Only complete applications will be accepted.
• Supporting documents (e.g., ID, diplomas) are not required at this stage.
• The address in the CV will be used for travel arrangements for interviewees.

Data Protection

• The EBA complies with Regulation (EC) No 45/2001 on data protection and ensures the confidentiality and security of personal data.

Appeal Procedure

• Candidates can appeal decisions under Article 90(2) of the Staff Regulations.
• Appeals must be lodged within three months of the publication of the selection results.
• The appeal should be sent to:
  • The Executive Director
  • European Banking Authority
  • Selection procedure: Ref. REG RRR SEC 13/2014
  • Floor 18, Tower 42, London EC2N 1HQ, United Kingdom