EBA欧洲银行-CONFIN-SEC-03-2015-Retail-Banking-Expert-ConFinPay_7页_203kb

EBA Retail Banking Expert on Secondment 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 improving the functioning of the EU internal market by ensuring high-quality, effective, and consistent regulation and supervision in the areas of banking, payments, and e-money. The EBA also promotes public values such as financial system stability, market transparency, and consumer protection.

As part of the European System of Financial Supervision (ESFS), the EBA collaborates closely with other European Supervisory Authorities, including EIOPA and ESMA, as well as the European Securities and Markets Board (ESRB) and the Joint Committee.

Main Purpose of the Position

The EBA is seeking a Retail Banking Expert on secondment to support its work on consumer protection, financial innovation, and payments. The expert will contribute to the development of regulatory requirements and supervisory approaches, particularly in the context of the revised Payment Services Directive (PSD2) and other relevant EU legislation.

The role is crucial in ensuring that retail payments in the EU are easier, more efficient, and more secure, while also reducing consumer detriment and monitoring financial innovations for potential negative impacts on consumers, financial institutions, and markets.

Key Responsibilities

• Develop policy stances and supervisory approaches for retail banking products.
• Conduct desk-based research to assess trends and harmful conduct in the retail banking and payments markets.
• Support EBA committees and subgroups, including the Taskforce on Payment Services and the Standing Committee on Consumer Protection and Financial Innovation.
• Ensure timely completion of deliverables such as guidelines, recommendations, and reports.
• Chair or co-chair work streams of national authorities.
• Liaise with external stakeholders such as financial institutions, consumer groups, and trade associations.
• Represent the EBA at external events and conferences.
• Contribute to the development of industry training standards, disclosure rules, and financial literacy initiatives.
• Collaborate with ESMA and EIOPA to develop coordinated policy stances and standards.

Key Requirements

1. Eligibility Criteria

• Must be a national of an EU Member State, an EFTA Member State, or a country with which the EU has opened accession negotiations.
• Must have a diploma from completed university studies of at least three years.
• Must have at least five years of full-time professional experience in relevant fields.
• Must have excellent English language skills, both written and spoken. Native English speakers must prove their second language proficiency.

2. Selection Criteria

• Professional experience in payment services and/or electronic money.
• Experience in other retail banking markets (e.g., mortgages, personal loans, deposits).
• Proven experience in regulatory, supervisory, or oversight roles.
• Experience in drafting documents for various audiences in English.
• Knowledge of consumer detriment and its causal drivers.
• Familiarity with EU legislation in the retail banking and payments sector, including:
  • Payment Accounts Directive
  • Payment Services Directive 1 and 2
  • Interchange Fee Regulation
  • Electronic Money Directive
  • Mortgage Credit Directive
  • Markets in Financial Instruments Directive
  • Distance Selling Directive

3. Competencies

• Ability to work in an international/multicultural environment.
• Self-management and independence.
• Flexibility and fast learning.
• Excellent communication and interpersonal skills.
• Strong analytical approach.
• Teamwork and efficiency under time pressure.

Equal Opportunities

The EBA is committed to equal opportunities and ensures that recruitment procedures are free from discrimination.

Appointment and Engagement Conditions

• The position is a secondment from a national supervisory authority or an IGO (International Governmental Organisation).
• The secondment lasts 12 to 24 months, renewable.
• The home authority remains the employer and must continue to pay the salary and maintain social rights.
• The expected starting date is 1 January 2016.

Conditions of Secondment

• The EBA provides daily and monthly subsistence allowances, as set annually by the Commission.

Place of Employment

• The position is based in London, United Kingdom, at One Canada Square, Floor 45 - 46.

Application Process

• Applications must be submitted in English to vacancies@eba.europa.eu by 11 November 2015, at noon London time.
• Required documents:
  • Curriculum Vitae (CV) in Europass format.
  • Motivation letter.
  • Eligibility criteria grid.
  • Statement from the employer confirming the secondment.
• Only complete applications will be accepted.
• 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 the confidentiality and security of personal data.

Appeal Procedure

• Candidates may appeal decisions under Article 90(2) of the Staff Regulations.
• Appeals must be submitted within three months of the publication of the selection procedure results.
• The appeal should be sent to the Executive Director at the EBA offices in London.