Senior Supervisors (ESCB/IO) Project Management Office – 2025 EU-wide Stress Tests
General Information
- Type of contract: Short-term contract, which may be extended to up to 36 months subject to individual performance and organisational needs
- Contract end date: 31.07.2025
- Who can apply?: EU nationals working for national central banks of the ESCB, international governmental organisations or other employers performing central banking or banking supervision tasks within the framework of the Eurosystem
- Salary: F/G (bracket 2 - step 1) full time monthly net salary: €7,613 plus benefits, for further information see
- Role specialisation: General Banking Supervision
- Working time: Full time
- Place of work: Frankfurt am Main, Germany
- Closing date: 08.09.2024
Your team
You will be part of the Stress Test Experts Division in the Directorate General Horizontal Line Supervision. Our Division has around 40 staff providing scenario-based and sensitivity stress test analysis to the Joint Supervisory Teams (JSTs). We coordinate and implement the ECB’s contribution to the EU-wide stress tests initiated by the European Banking Authority (EBA) and run the ECB’s regular annual stress tests as well as its biennial thematic stress tests. We are currently preparing for the EU-wide stress tests to be conducted in the first half of 2025.
In your role as a Senior Supervisor in the stress test Project Management Office (PMO ) within the Stress Test Experts Division, you will be part of a team of 12-14 members of staff helping to conduct and deliver the 2025 EU-wide stress tests. This will involve working closely with all the main stakeholders involved in the stress-testing exercise, including the JSTs, the risk teams conducting the stress tests and the stress-test governing bodies.
The Single Supervisory Mechanism (SSM) is the system of banking supervision in Europe. It comprises the ECB and the national supervisory authorities of the participating countries.
The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.
Your role
As a Senior Supervisor in the stress test PMO you will:
- help to monitor and steer the stress-testing process;
- prepare and review the internal and external communications on the stress test concerned;
- review drafts and prepare materials to support the stress test governing bodies;
- support the coordination and delivery of PMO-organised training and survey activities;
- engage and collaborate with all stakeholders involved in the stress-testing process;
- support the FAQ process and other tasks relating to the stress test infrastructure processes.
The position offers you excellent opportunities to contribute to financial stability within Europe and learn from some of the leading experts in the field of system-wide stress testing. 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:
- a master’s degree or equivalent in economics, finance, business administration, accountancy, statistics or another relevant field (see How you can join us for details of degree equivalences);
- in addition to the above, seven or more years of professional experience in project management or project coordination or IT experience gained at a regulatory authority, supervisory/competent authority, financial institution, international organisation or top-tier consultancy firm;
- a working knowledge of project management tools and techniques;
- an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.
Desired:
- Prior experience in EBA EU-wide and SSM stress test exercises;
- experience in STAR infrastructure or an IT background;
- advanced knowledge of Microsoft Office tools such as Word, Excel and PowerPoint.
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 skilled at encouraging people to develop their abilities and are able to build up high-performing teams.
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
We would be happy to discuss a part-time arrangement for this role.
On-site presence in the ECB’s Frankfurt headquarters may be required for selected weeks during certain key phases of the project.
Further information
The contract(s) offered will be short-term ESCB/IO, the appointment being for six to eight months as of the exact starting date of the selected person, extendable to up to 36 months. Candidates must have a contract of employment with their home institution for a period of at least one year beyond the duration of the ECB contract being offered.
For additional information on this specific vacancy, you can speak to the hiring manager, Styliani Riga, on +49 162 203 8442 between 16:00h and 17:00h on Tuesday 23 July and between 10:00 and 11:00 on Thursday 29 of August.
Application and selection process
The recruitment process for this position will be conducted remotely. It will include an interview.
If you are not selected for this position but are still considered suitable, you will be placed on a reserve list (see step 4 of How we hire), from which you might be considered for similar positions within the ECB.
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