Your role
As a Supervision Analyst and depending on the team to which you are allocated, you will:
1. review the data quality and methodological compliance of banks’ submissions in a specific risk area (e.g. credit risk, market risk or operational risk), ensuring that such submissions are sufficiently conservative;
2. develop and implement quality-assurance methods, such as peer benchmarking, to assess and enhance the reliability of stress test data;
3. identify the key drivers of stress test results and vulnerabilities both for individual banks and horizontally;
4. conduct horizontal analyses of stress test results and quality assurance findings to identify trends and risks;
5. ensure a level playing field for the stress-testing exercises by providing a holistic, horizontal view across risks, banks and geographies;
6. prepare the internal and public communications on the stress test;
7. review drafts and prepare materials that support the stress test governing bodies;
8. engage and collaborate with all stakeholders involved in the stress-testing process.
The position offers you excellent opportunities to contribute to financial stability within Europe and to learn from some of the leading experts in the field of microprudential stress testing and policy impact assessment. You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens.
Qualifications, experience and skills
Essential:
9. a bachelor’s degree or equivalent in economics, finance, business administration, accountancy, statistics, econometrics, mathematics, physics, engineering or another relevant field (see us for details on degree equivalences);
10. in addition to the above, two or more years of professional experience (other than as a trainee or intern) in central banking, banking supervision, finance, consulting, auditing or working for an international organisation;
11. a sound understanding of the functioning of credit institutions, the Single Rulebook, risk management or auditing;
12. advanced knowledge of one or more programming languages or statistical or econometric software packages (such as Python, R, SQL, Stata and/or MATLAB);
13. an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the .
Desired:
14. a master’s degree or equivalent in economics, finance, business administration, accountancy, statistics, econometrics, mathematics, physics, engineering or another relevant field (see for details on degree equivalences);
15. strong analytical, conceptual and quantitative skills;
16. knowledge of stress-testing methodologies and/or relevant accounting frameworks (e.g. IFRS 9) or regulations (e.g. the Capital Requirements Regulation);
17. experience in banking supervision in the context of the SSM.
You engage collaboratively with others. You pursue team goals and learn willingly from other people’s diverse perspectives. You signal any need for change by explaining it and proposing alternative solutions. You analyse complex information effectively and can evaluate different views to arrive at solutions. You know and anticipate stakeholder needs. You are motivated to contribute to the ECB’s mission, to serve the citizens of the EU as a member of a public institution and to work with colleagues from all over Europe.
Working modalities
On-site presence in the ECB’s Frankfurt headquarters may be required for selected weeks during certain key phases of the project. Working for European banking supervision involves spending short periods of time abroad for on-site visits or training. This important part of our work is complemented by an environment in which well-being and a good work-life balance are fostered.Playing a role in European banking supervision also entails collaborating in multinational and multicultural teams and operating in the context of different national frameworks, for which a strong ability to use different EU languages for business purposes is an asset.