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EBA Policy Expert Position Summary

Overview

The European Banking Authority (EBA) is an independent EU authority established on 1 January 2011 under Regulation (EC) No. 1093/2010. It plays a crucial role in enhancing the functioning of the EU internal market by ensuring high-quality, effective, and consistent regulation and supervision in banking, payments, and e-money sectors. The EBA collaborates closely with other European Supervisory Authorities (ESAs) such as EIOPA and ESMA, and the European Systemic Risk Board (ESRB).

Job Description

The Policy Expert position is part of the EBA's Registration, Recovery and Resolution Unit. The role involves:

• Developing guidelines and binding technical standards for prudential requirements related to licensing, anti-money laundering (AML), and resolution/insolvency procedures.
• Supporting national authorities in implementing and applying these standards consistently.
• Engaging with stakeholders and contributing to regulatory developments in shadow banking and structural banking measures such as ring-fencing and separation of retail and investment banking activities.
• Representing the EBA externally and facilitating consultations, training, and impact assessments.
• Coordinating with other ESAs and the ESRB to ensure regulatory convergence and coordinated policy stances.

Main Responsibilities

• Preparing policy stances and providing expert policy advice.
• Contributing to the development of guidelines and standards.
• Supporting internal committees and subgroups.
• Ensuring timely and quality completion of regulatory outputs.
• Representing the EBA externally and engaging with stakeholders.
• Facilitating external consultations and impact assessments.
• Cooperating with other ESAs and the ESRB to develop joint policy positions.

Requirements

1. Eligibility Criteria

• Language: Proficiency in one EU language and satisfactory knowledge in another.
• Nationality: Must be a national of an EU Member State, Iceland, Liechtenstein, or Norway.
• Rights: Full citizen rights and completion of any military service obligations.
• Fitness: Physical fitness for the role.
• Criminal Record: Must provide a certificate confirming no criminal record.
• Medical Examination: Required to meet Article 12 (2)(d) of the Conditions of Employment of Other Servants.

2. Qualifications

• Must have a university-level education (diploma) and at least one year of relevant professional experience, or a diploma with at least three years of professional experience.
• Only qualifications from EU or EEA Member States or recognized equivalents are accepted.

3. Professional Experience

• Minimum of 7 years (for 3-year education) or 6 years (for 4-year education) of relevant full-time experience.
• At least 3 years in financial regulation or supervision.

4. Language Skills

• Excellent knowledge of English (written and spoken).
• Native English speakers must demonstrate proficiency in a second EU language.

5. Selection Criteria

• Proven knowledge of EU banking regulation and its implementation in licensing, AML, or resolution procedures.
• Experience in drafting policy stances and regulations.
• Ability to present and communicate regulatory developments to management.
• Experience in engaging with EU legislative stakeholders.
• Professional experience in regulation, supervision, or banking operations.

6. Additional Qualities

• Experience in EU/multicultural/international environments.
• Ability to manage workload independently.
• Flexibility and fast learning.
• Strong communication and team-working skills.
• Efficiency under time pressure.

Equal Opportunities

The EBA ensures equal opportunities and avoids discrimination in its recruitment process.

Selection Procedure

• Shortlisting: Based on CV, motivation letter, and eligibility grid.
• Written Tests: Conducted in English, testing communication, knowledge, and drafting skills. Minimum score: 6/10.
• Interview: In English, assessing suitability, knowledge, and motivation. Minimum score: 6/10.
• Recruitment: Candidates with the best scores are recruited; those scoring 12 or above are placed on a reserve list (valid until 31/12/2013).

Appointment and Employment Conditions

• Contract Type: Temporary agent fixed-term contract, 3 years with a 6-month probation period, possibly extendable.
• Starting Date: Expected 1 August 2013.
• Grade: AD 7.
• Salary: Estimated monthly basic salary of €5,568.11.
• Employment Benefits:
  • Exempt from national tax, with Community tax at source.
  • Correction coefficient of 34.4% applies.
  • Possible entitlements: expatriation, household, child, education, and installation allowances.
  • Annual leave: 2 days per calendar month, plus additional days based on age, grade, and distance from origin.
  • Access to EU Pension Scheme after 10 years of service.
  • Coverage under EU Joint Sickness and Insurance Scheme, accident, and occupational disease insurance.
  • Unemployment and invalidity allowance.
  • Travel insurance for missions.

Application Submission

• Deadline: 17 May 2013, 12:00 noon London time.
• Documents Required:
  • Europass CV.
  • Motivation letter.
  • Eligibility criteria grid.
• Language: All documents must be in English.
• Note: Supporting documents (e.g., ID, diplomas) are not required at this stage.

Data Protection

Applications are processed in compliance with Regulation (EC) No 45/2001, ensuring confidentiality and security of personal data.

Appeal Procedure

• Complaints: Can be lodged with the European Union Civil Service Tribunal within 3 months of notification.
• Judicial Appeal: Possible under Article 270 of the Treaty on the Functioning of the EU.
• European Ombudsman: Complaints can also be submitted, but only after exhausting internal administrative procedures.

For more information, visit the EBA website: www.eba.europa.eu.