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EBA Junior Policy Expert Position Summary

Core Content

The European Banking Authority (EBA) is an independent EU authority established in 2011 under Regulation (EC) No. 1093/2010, with subsequent amendments. It plays a key 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, as well as related corporate governance, auditing, and financial reporting areas. The EBA collaborates closely with other EU financial authorities, such as EIOPA, ESMA, and the Joint Committee, as part of the European Systemic Risk Board (ESRB).

Job Description

The EBA is seeking a Junior Policy Expert to support its regulatory efforts in the areas of the Banking Recovery and Resolution Directive (BRRD), Capital Requirements Regulation (CRR), and Capital Requirements Directive (CRD). The role involves:

• Contributing to the Questions and Answers (Q&A) process to address stakeholders' queries on the practical application of these regulations and related technical standards.
• Developing the EBA's policy stances in both EU and international contexts.
• Representing the EBA externally in technical discussions.
• Supporting internal committees and subgroups, particularly in Q&A-related activities.

Main Responsibilities

• Preparing policy stances and providing regulatory advice for the consistent application of BRRD/CRR/CRD.
• Managing the Q&A process for stakeholders' questions and related technical documents.
• Externally representing the EBA in technical discussions.
• Supporting internal committees and subgroups in their work.

Requirements

1. Eligibility Criteria

• Language proficiency: Thorough knowledge of one EU language and satisfactory knowledge of another.

• Nationality: Must be a national of an EU Member State, Iceland, Liechtenstein, or Norway.

• Citizenship rights: Full rights as a citizen.

• Military service: Completed obligations under applicable laws.

• Physical fitness: Ability to perform the duties of the post.

• Education: At least 3 years of university education, with a diploma.

• Professional experience: Minimum of 2 years of full-time professional experience in bank regulation, supervision, or related fields.

• Language skills: Excellent knowledge of English, with native speakers required to demonstrate second language proficiency.

2. Selection Criteria

• Proven knowledge of EU banking regulations, especially BRRD/CRR/CRD.
• Experience in drafting policy stances and regulatory texts.
• Ability to present information to management on regulatory developments.
• Experience in engaging with stakeholders in the EU legislative process.

3. Competencies

• Experience in EU/multicultural/international environments.
• Self-management and ability to work independently.
• High sense of responsibility.
• Ability to work under tight deadlines.
• Excellent communication and interpersonal skills.
• Teamwork and efficiency under pressure.

Equal Opportunities

The EBA is committed to equal opportunities and will avoid any form of discrimination in its recruitment process.

Selection Procedure

• Selection Committee: Analyzes applications and establishes a shortlist.
• Written Tests: Conducted in English, testing communication, knowledge, and drafting skills. Minimum score: 6 out of 10.
• Interviews: Conducted in English, assessing suitability, knowledge, and motivation. Minimum score: 6 out of 10.
• Recruitment: Successful candidates are listed in order of merit. Top scorers are recruited; those with a total score of 12 or above are placed on a reserve list valid until 31 December 2015. Note: Reserve list inclusion does not guarantee recruitment.

Appointment and Employment Conditions

• Contract Type: Temporary fixed-term contract of three years, with a nine-month probation period and possible extension.
• Start Date: Expected to begin on 1 January 2015.
• Grade: AD 5, with an estimated monthly basic salary of €4384.38.
• Remuneration: Details are outlined in Articles 62–70 and Annex VII of the Staff Regulations.

Summary of Employment Conditions

• Taxation: Salaries are exempt from national tax, with a Community tax at source.
• Correction Coefficient: 39.2% applies for UK-based staff.
• Benefits: Includes expatriation, household, child, education, and installation allowances, depending on personal circumstances.
• Leave: Two days per calendar month plus additional days based on age, grade, and distance from origin.
• Insurance: Coverage under the EU Pension Scheme, Joint Sickness and Insurance Scheme, and travel insurance for missions.

Application Submission

• Documents Required: CV in Europass format, motivation letter, and eligibility criteria grid.
• Language: All documents must be in English.
• Deadline: 23 October 2014, 12:00 noon London time.
• Submission Address: vacancies@eba.europa.eu
• Note: Only complete applications will be considered, and supporting documents (e.g., diplomas, ID cards) are not required at this stage.

Data Protection

• The EBA processes personal data in accordance with Regulation (EC) No 45/2001, ensuring confidentiality and security.

Appeal Procedure

• Complaints: Can be lodged with the European Union Civil Service Tribunal or the European Ombudsman.
• Time Limits: 3 months from notification of the adverse decision.
• Civil Service Tribunal: Address: Boulevard Konrad Adenauer, Luxembourg 2925.
• European Ombudsman: Address: 1 Avenue du Président Robert Schuman, Strasbourg Cedex, France.
• Note: Appeals to the Ombudsman do not suspend the time limits for the Tribunal. Administrative remedies must be pursued before lodging a complaint with the Ombudsman.