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EBA Policy Expert 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 key role in improving the functioning of the EU internal market by ensuring high-quality, effective, and consistent regulation and supervision in banking, payments, e-money, and related areas such as corporate governance, auditing, and financial reporting. The EBA collaborates closely with other EU financial supervisory bodies, including EIOPA, ESMA, the Joint Committee, and the ESRB.

Main Purpose

The main purpose of the Policy Expert position is to support the development and implementation of EBA policies related to the relationships between home and host Member State competent authorities, and the application of the Supervisory Review and Evaluation Process (SREP). This includes the drafting of technical standards, guidelines, opinions, and reports.

Main Responsibilities

• Preparing policy stances and providing policy advice on home-host and SREP matters.
• Leading the development of guidelines and binding technical standards where necessary.
• Supporting internal committees and subgroups.
• Assisting in the implementation of policies and providing advice to supervisory colleges.
• Representing the EBA in external meetings and facilitating consultations, training, and impact assessments.
• Cooperating with other European Supervisory Authorities (ESAs) and the European Systemic Risk Board (ESRB) to ensure coordinated and joint policy stances.

Requirements

1. Eligibility Criteria

• Language: Excellent knowledge of English (written and spoken), and satisfactory knowledge of another EU language.
• Nationality: Must be a national of an EU Member State, Iceland, Liechtenstein, or Norway.
• Legal Rights: Must be entitled to full rights as a citizen.
• Military Service: Must have fulfilled any applicable military service obligations.
• Physical Fitness: Must be physically fit for the role.
• Criminal Record: Must provide a certificate confirming no criminal record.
• Medical Examination: Must undergo a medical examination as per EU employment regulations.

2. Qualifications and Professional Experience

• Must have completed university studies (with a diploma) and at least one year of relevant professional experience.
• For a 3-year university, at least 7 years of professional experience, including 3 years in supervision, home-host cooperation, SREP, or related areas.
• For a 4-year university, at least 6 years of professional experience, including 3 years in the specified areas.
• Only qualifications issued by EU or EEA authorities or recognized as equivalent will be accepted.

3. Selection Criteria

• Proven knowledge of EU banking regulation, especially in cross-border supervision.
• Experience in supervising cross-border banking groups and working with supervisory colleges.
• Experience in conducting SREP or risk assessments.
• Ability to participate in drafting policy documents.
• Capacity to present and explain regulatory developments to management.
• Experience in dealing with a wide range of stakeholders in the EU.

4. Competencies

• Self-management and ability to work independently.
• Flexibility and quick learning.
• Excellent communication skills.
• Teamwork and strong interpersonal abilities.
• Efficiency under time pressure.

Equal Opportunities

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

Selection Procedure

• Committee: A selection committee will be formed to evaluate applications.
• Shortlisting: Based on CV, motivation letter, and eligibility grid, candidates will be shortlisted.
• Written Tests: Conducted in English, assessing communication, knowledge, and drafting skills. Minimum score: 6 out of 10.
• Interviews: Conducted in English, evaluating suitability, knowledge, and motivation. Minimum score: 6 out of 10.
• Recruitment: Candidates with the highest scores will be recruited. Those scoring 12 or more will be placed on a reserve list valid until 31 December 2013.
• Confidentiality: The committee's work is strictly confidential, and contact with members is prohibited.

Appointment and Employment Conditions

• Contract Type: Temporary fixed-term contract of three years with a nine-month probation period, potentially extendable.
• Start Date: Expected to start on 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% applies for the UK.
  • Possible entitlements: expatriation, household, child, education, installation allowances, and reimbursement of removal costs.
  • Annual leave: 2 days per month plus additional days based on age, grade, and distance from origin.
  • Access to EU pension, sickness, accident, unemployment, and invalidity schemes.
  • Travel insurance for missions.

Place of Employment

• EBA offices in London, United Kingdom.

Application Submission

• Documents Required: Europass CV, motivation letter, and eligibility grid.
• Language: All documents must be in English.
• Deadline: 26 February 2013 at 12:00 noon London time.
• Complete Applications Only: All required documents must be submitted before the deadline.
• Supporting Documents: Not required at this stage; they will be requested upon request.

Data Protection

• Personal data will be processed in accordance with Regulation (EC) No 45/2001, ensuring confidentiality and security.

Appeal Procedure

• Review Request: Candidates can request a review within 20 calendar days of notification.
• Complaint to Civil Service Tribunal: Possible within 3 months of being notified of an adverse decision.
• Complaint to European Ombudsman: Must be preceded by administrative approaches to the institution.

Note: Appeals to the Ombudsman do not suspend the time limits for other procedures.