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EBA Policy Expert (Resolution) Position 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 ensuring a high-quality, effective, and consistent level of regulation and supervision across the EU banking sector. The EBA collaborates closely with other European Supervisory Authorities (ESAs) such as EIOPA and ESMA, as well as the European Stability and Growth Pact (ESRB), to maintain financial stability, transparency, and the protection of depositors and investors.

Main Purpose

The main purpose of the Policy Expert (Resolution) position is to support the EBA in developing policy and regulatory tasks related to crisis management within the EU and internationally.

Main Responsibilities

• Policy Development: Prepare policy stances and provide expert policy advice in crisis management areas.
• Guidelines and Standards: Contribute to the development of guidelines and binding technical standards in recovery and resolution planning, early interventions, intra-group financial support, valuation during resolution, and resolution tools.
• Implementation Support: Assist national authorities in the consistent implementation of these guidelines and standards in daily supervisory practices.
• External Representation: Represent the EBA externally at a technical level in relevant EU and international forums.
• Consultation and Training: Facilitate external consultations, training, and impact assessments for the EBA's regulatory outputs.
• Collaboration: Cooperate with other ESAs and the ESRB to ensure coordinated and possibly joint policy stances, guidelines, and standards.

Requirements

1. Eligibility Criteria

• Language Proficiency: Excellent knowledge of English (written and spoken), and satisfactory knowledge of at least one other EU language.
• Nationality: Must be a national of an EU Member State, Iceland, Liechtenstein, or Norway.
• Legal Status: Full citizen rights and no criminal record.
• Military Service: Compliance with applicable laws on military service.
• Health: Physically fit for the role.

2. Qualifications and Experience

• Education: Completed university studies (at least 3 years) with a diploma and at least one year of professional experience, or completed university studies (at least 4 years) with a diploma.
• Professional Experience:
  • At least 7 years (for 3-year education) or 6 years (for 4-year education) of relevant full-time professional experience in financial regulation or supervision.
  • At least 5 of those years must be in a comparable position in financial regulation or supervision.
• Experience in Crisis Management: Must have professional experience in the development of regulations or the supervision of their implementation in crisis management.

3. Additional Skills

• Experience in an EU, multicultural, or international working environment.
• Ability to manage workload independently and work efficiently under pressure.
• Flexibility and a fast learning ability.
• Excellent communication and interpersonal skills.

Selection Procedure

• Shortlisting: Based on CV, motivation letter, and eligibility criteria grid.
• Written Tests: Conducted in English; assess writing, knowledge, and drafting skills. Minimum score: 6 out of 10.
• Interview: Conducted in English; assess suitability, knowledge, and motivation. Minimum score: 6 out of 10.
• Final Selection: Candidates are ranked by merit, with the highest scorers being recruited. Those scoring 12 or above are placed on a reserve list valid until 31 December 2013.
• Confidentiality: The selection process is strictly confidential, and contact with committee members is not allowed.

Appointment and Employment Conditions

• Contract Type: Temporary agent fixed-term contract, 3 years with a 9-month probation period, possibly extendable.
• Starting Date: Expected to start on 1 March 2013.
• Salary: Grade AD 7, with a monthly basic salary of €5,568.11.
• Benefits:
  • Exempt from national tax, with Community tax at source.
  • Correction coefficient of 34.4% applies.
  • Possible entitlements to allowances and benefits based on family situation and origin.
  • Annual leave: 2 days per month plus additional days based on age, grade, and distance from origin.
  • Access to EU Pension Scheme, sickness and accident insurance, unemployment and invalidity allowance, and travel insurance.

Submission of Applications

• Documents Required: CV in Europass format, motivation letter, and eligibility criteria grid.
• Language: All documents must be in English.
• Deadline: 1 February 2013, at 12:00 noon London time.
• Note: Supporting documents (e.g., diplomas, ID cards) should not be sent at this stage.

Data Protection

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

Appeal Procedure

• Complaints: Candidates can lodge complaints with the European Union Civil Service Tribunal or the European Ombudsman.
• Time Limits:
  • Complaints to the Civil Service Tribunal must be submitted within 3 months of being notified of the act.
  • Judicial appeals under Article 270 of the Treaty on the Functioning of the EU must also be submitted within 3 months.
• Ombudsman: Complaints to the Ombudsman must be preceded by administrative approaches to the relevant institutions.
• Appeal Address:
  • European Union Civil Service Tribunal: Boulevard Konrad Adenauer, Luxembourg 2925.
  • European Ombudsman: 1 Avenue du Président Robert Schuman, Strasbourg Cedex, France.
• Website: http://curia.europa.eu for the Civil Service Tribunal and http://www.ombudsman.europa.eu for the Ombudsman.

Key Information

• The position is located in the EBA offices in London, UK.
• Only complete applications are accepted.
• The selection process is governed by strict confidentiality rules.
• The reserve list does not guarantee recruitment.
• Candidates must ensure they meet all eligibility and selection criteria before applying.