EBA欧洲银行-TR-DOV-RA-05-2015_2页_153kb

EBA Summary: Authority, Mission, and Traineeship in the Risk Analysis Unit

Core Content

The European Banking Authority (EBA) is an independent EU authority established on 1 January 2011 under Regulation (EC) No. 1093/2010, which was published in the Official Journal of the European Union on 15 December 2010. The EBA plays a central role in the European Supervisory Framework for Solvency (ESFS), working alongside other key authorities such as EIOPA, ESMA, the Joint Committee, and the ESRB.

Main Mission and Objectives

The primary mission of the EBA is to enhance the functioning of the EU internal market by ensuring a high quality, effective, and consistent level of regulation and supervision across its areas of responsibility. These areas include banking, payments, e-money, and related fields such as corporate governance, auditing, and financial reporting.

The EBA's key objectives are:

• Promoting financial stability by identifying and mitigating systemic risks.
• Enhancing market transparency through clear and consistent regulatory frameworks.
• Protecting depositors and investors by enforcing robust regulatory standards.
• Preventing regulatory arbitrage and ensuring a level playing field across EU member states.
• Strengthening international supervisory coordination and promoting supervisory convergence.
• Providing expert advice to EU institutions on banking-related matters.

Traineeship in the Risk Analysis Unit

The EBA is currently offering traineeship opportunities in its Risk Analysis Unit, which is responsible for:

• Conducting regular risk assessments of the EU banking sector.
• Managing supervisory reporting and data collection.
• Overseeing data management and dissemination.
• Running EU-wide stress tests and supervisory benchmarking on banks' internal models.

Description of Tasks

Trainees in the Risk Analysis Unit are expected to support senior staff and contribute to various projects, including:

• Regular risk assessment and drafting of reports.
• Thematic work on specific risks affecting the banking sector.
• Implementation of surveys and studies to gather relevant data.
• Ad hoc analyses in areas such as risk management, stress testing, and macro prudential policies.

Selection Criteria

Applicants must meet the following criteria:

• Hold a Master’s degree (or be a PhD student in the second year) in Economics, Finance, or Banking.
• Demonstrate awareness of and interest in the role and functioning of the EBA.
• Have fluent English with proven drafting ability.
• Possess strong organisational and prioritisation skills.

For quantitative tasks, the following are preferred:

• Excellent knowledge of statistical software, particularly SAS.
• Familiarity with Moody's KMV data and SNL (Standard & Poor's North America) databases.

Advantages

It would be advantageous if the applicant's thesis was related to one of the following areas:

• Risk management
• Stress testing
• Macro prudential policies

Key Information

• The EBA is part of the European Supervisory Framework for Solvency (ESFS).
• The Risk Analysis Unit is responsible for risk assessment, supervisory reporting, stress testing, and benchmarking.
• The traineeship is open to applications at the EBA's offices in London, United Kingdom.
• Further details can be found on the EBA website: www.eba.europa.eu.

Mentor

The trainees will be mentored by the Head of the Risk Analysis Unit, who provides guidance and oversight throughout the traineeship.