The ECB is seeking for an intern who wants to to spend a year at the heart of European banking supervision
For more opportunities go to Europe
Organization/Company: The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency. Among their responsibilities, they adopt the guidelines and take the decisions necessary to ensure the performance of the tasks entrusted to the ECB and the Eurosystem; formulate monetary policy for the euro area. This includes decisions relating to monetary objectives, key interest rates, the supply of reserves in the Eurosystem, and the establishment of guidelines for the implementation of those decisions. In the context of the ECB’s new responsibilities related to banking supervision, to adopt decisions relating to the general framework under which supervisory decisions are taken, and to adopt the complete draft decisions proposed by the Supervisory Board under the non-objection procedure. The Governing Council usually meets twice a month at the ECB’s premises in Frankfurt am Main, Germany.
Duty Station: Frankfurt, Germany
Open To: All the EU citizens with a keen interest in a career in banking supervision, finance, accounting or a related area
Timeframe:The start date for this traineeship is 1 October 2018. Traineeship of between 3 and 12 months in total
Deadline: 29 January 2018
Job description: The Intern will be in charge of:
-participating in the Supervisory Review and Evaluation Process (SREP), including risk assessments
-analysing financial accounts and monitoring market perceptions of supervised entities
-analysing the legal and regulatory framework for financial institutions in various jurisdictions
-assisting with the collection and analysis of data, and generating tables, charts and reports.
This traineeship programme represents a unique opportunity for individuals with a keen interest in a career in banking supervision, finance, accounting or a related area. You will be exposed to a challenging professional environment and will work with high-calibre experts who will help you to develop your skills in an international and multicultural setting. This traineeship position offers excellent opportunities to gain extensive insight into banking supervision at the ECB and NCAs and use your language skills at the same time, while also offering structured training focusing on both technical and behavioural skills. You will join a dynamic team that strives for continuous innovation in order to have a positive impact on the lives of European citizens.
-a bachelor’s degree or higher in economics, finance, accounting, business administration or another relevant discipline
-a keen interest in bank-related risk analysis, financial regulation and the implementation of supervisory standards and practices
-knowledge of at least one of the following areas: banking analysis, banking regulation, corporate finance, risk management, audit systems and procedures, or accounting
-a desire to work in different countries and in multicultural teams
-an advanced knowledge of MS Office, particularly Word, Excel and PowerPoint
-an advanced command of English, plus an advanced command of one other official language of the EU.
-working knowledge of further official languages of the EU.
Wage/Fees: The trainee grant is €1,050 per month plus an accommodation allowance.
Application process: Complete your application here
Contact information: European Central Bank
Tel: +49 69 13 44 0
Fax: +49 69 13 44 60 00
Kaiserstraße 29, DE-60311 Frankfurt am Main, Deutschland
edited by Daniela Esposito
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