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EBA Bank Expert Position Summary

Overview

The European Banking Authority (EBA), established on 1 January 2011 by Regulation (EC) No. 1093/2010, is an independent EU authority responsible for ensuring high-quality, effective, and consistent banking regulation and supervision across the European Union. It operates as part of the European Systemic Risk Board (ESRB) and collaborates closely with other EU financial authorities such as EIOPA and ESMA.

Core Mission and Responsibilities

The EBA's mission includes:

• Enhancing the functioning of the EU internal market
• Ensuring stability of the financial system
• Promoting market transparency and financial product clarity
• Protecting depositors and investors
• Preventing regulatory arbitrage and ensuring a level playing field
• Strengthening international supervisory coordination
• Promoting supervisory convergence
• Providing legal and regulatory advice to EU institutions

The Bank Expert position in the Oversight Department is focused on:

• Representing the EBA in supervisory colleges of individual banking groups
• Providing legal advice on the relationship between home and host Member State competent authorities
• Ensuring consistency in EBA staff input to these colleges
• Guiding on mediation cases and supporting the EBA's oversight activities
• Participating in working groups and cooperating with other EU financial authorities

Eligibility Criteria

General

• Must be a national of an EU Member State, Iceland, Liechtenstein, or Norway
• Must be entitled to full citizen rights
• Must have fulfilled any military service obligations
• Must be physically fit
• Must have a thorough knowledge of one EU language and satisfactory knowledge of another

Specific

• Qualifications: A law degree with a diploma and at least one year of professional experience (if 3-year education) or no professional experience required (if 4-year education)
• Professional Experience: At least 7 years (for 3-year education) or 6 years (for 4-year education) of full-time legal or banking-related experience
• Language Skills: Excellent knowledge of English; knowledge of other EU languages is an advantage

Selection Criteria

Candidates must demonstrate:

• Proven knowledge of EU banking regulation
• Experience in legal analysis related to banking supervision
• Experience in providing legal advice to senior management
• Ability to communicate regulatory developments to management
• Experience in dealing with a wide range of EU stakeholders

Preferred qualifications include:

• Experience in cross-border banking group supervision
• Experience in a multicultural or international environment

Required Competencies

• Self-management and independence
• Flexibility and adaptability
• Strong communication skills
• Teamwork and interpersonal skills
• Efficiency under time pressure

Equal Opportunities

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

Selection Procedure

The selection process includes:

• Shortlisting: Based on CV, motivation letter, and eligibility criteria grid
• Written Tests: In English, testing communication, knowledge, and drafting skills (minimum score: 6/10)
• Interviews: In English, assessing suitability, knowledge, and motivation (minimum score: 6/10)

Successful candidates will be ranked by merit. Those with a total score of 12 or above will be placed on a reserve list valid until 31 December 2013. Note: Inclusion in the reserve list does not guarantee recruitment.

Appointment and Employment Conditions

• Contract Type: Temporary fixed-term contract (3 years), with a 9-month probation period and possible extension
• Start Date: Expected 16 April or 1 May 2013
• Grade: AD 7
• Salary: Estimated monthly basic salary of €5,568.11
• Employment Benefits:
  • Exempt from national tax; Community tax at source applies
  • Correction coefficient of 34.4% for UK-based staff
  • Possible entitlements to allowances based on family situation and origin
  • Annual leave: 2 days per calendar month + additional days based on age, grade, and distance from origin
  • EU Pension Scheme after 10 years of service
  • Sickness and accident insurance, unemployment and invalidity allowance
  • Travel insurance for missions

Application Submission

Applications must be submitted in English by 1 March 2013, 12:00 noon London time, to vacancies@eba.europa.eu. Required documents:

• Europass CV
• Motivation letter
• Eligibility criteria grid

Only complete applications will be considered. Supporting documents (e.g., ID, diplomas) should not be sent at this stage.

Data Protection

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

Appeal Procedure

Candidates may appeal decisions through:

• Selection Committee Review: Within 20 calendar days of notification
• EU Civil Service Tribunal: Within 3 months of being notified of an adverse decision
• European Ombudsman: Pursuant to Article 195(1) of the Treaty establishing the European Community

Important Notes:

• The appointing authority cannot amend selection board decisions
• Appeals to the Civil Service Tribunal only apply if selection procedures were violated
• Complaints to the Ombudsman must precede appeals to the Tribunal