EBA欧洲银行-TR-CONFINPAY-03_2016_2页_166kb

EBA Traineeship Summary

Core Content

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 a high quality, effective, and consistent level of regulation and supervision in the areas of banking, payments, e-money, corporate governance, auditing, and financial reporting. The EBA also promotes public values such as financial system stability, market transparency, and the protection of depositors and investors.

Main Objectives

• Consumer Protection: The EBA works to ensure a transparent, simple, and fair internal market for financial consumers. This includes identifying and addressing consumer detriment, monitoring financial activities, issuing warnings, and temporarily prohibiting harmful practices.
• Financial Innovation: The EBA actively monitors emerging financial innovations such as crowdfunding, virtual currencies, and the use of consumer data in financial services.
• Retail Payments: It aims to make retail payments in the EU easier, more efficient, and more secure.
• Supervisory Coordination: It strengthens international supervisory coordination and promotes supervisory convergence to prevent regulatory arbitrage and ensure a level playing field.

Key Information

• Traineeship Opportunity: The EBA is currently inviting applications for traineeships in the Consumer Protection, Financial Innovation and Payments Unit.
• Reference: TR CONFINPAY 03/2016
• Expected Start Date: 1 February 2016
• Location: EBA offices in London, United Kingdom
• Tasks for Trainees:
  • Developing regulatory and supervisory requirements for consumer protection in financial products such as mortgages, deposits, personal loans, payment accounts, payment services, and electronic money.
  • Monitoring financial innovations, including crowdfunding, virtual currencies, and the automation of financial advice.
  • Contributing to the development of regulatory requirements for retail payments in the EU.

Selection Criteria

Required Knowledge and Skills:

• Understanding of the European Union, its organs, and agencies.
• Familiarity with sectoral EU legislation relevant to the EBA, including:
  • Mortgage Credit Directive
  • Payment Accounts Directive
  • Payment Services Directive
  • Electronic Money Directive
• Knowledge of retail banking products within the EBA's scope of action.

Advantageous Skills:

• Advanced analytical skills, including the ability to identify issues, prioritize them, and develop solutions.
• Strong writing skills in English.
• Good organisational skills.

Additional Notes

• The mentor for the trainee will be determined based on the trainee's profile and expertise.
• Detailed regulatory requirements developed by the unit are available on the EBA website:
  • Consumer Protection and Financial Innovation
  • Payment Services and Electronic Money

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