Traineeships in SSM decision-making at European Central Bank

Where: Frankfurt, Germany

Deadline: June 4, 2020

Type: Graduate

About the company

The European Central Bank is the central bank for the euro and administers monetary policy within the Eurozone, which comprises 19 member states of the European Union and is one of the largest monetary areas in the world.

About the role

In your role as a trainee, you will be involved in the ECB’s banking supervision work conducted under the Single Supervisory Mechanism (SSM) – the system of banking supervision in Europe. The SSM comprises the ECB and the national supervisory authorities of the participating countries (the national competent authorities).

You will be part of a highly qualified and dedicated multicultural team within the Directorate General Secretariat to the Supervisory Board, which assists the Supervisory Board with the SSM decision-making process, ensures individual supervisory decisions are of a high quality and supports other SSM business areas. You will join one of the following divisions: the SSM Decision-Making Division, the Authorisation Division, the Enforcement and Sanctions Division or the Supervisory Quality Assurance Division. You will be asked to select one of these areas of work during the application process.

Requirements

  • for the trainee position in the SSM Decision-Making Division: a bachelor’s degree or higher in economics, political science, European studies, law, business administration, finance, statistics, mathematics, information technology or another relevant discipline;
  • for the trainee position in the Authorisation Division: a bachelor’s degree or higher in law, economics, business administration, finance or social studies;
  • for the trainee position in the Enforcement and Sanctions Division: a bachelor’s degree or higher in law or other legal studies (including joint law degrees);
  • for the trainee position in the Supervisory Quality Assurance Division: a bachelor’s or higher in finance, business administration, information technology, statistics, economics, or another relevant discipline in a field such as artificial intelligence or machine learning, knowledge management, project management;
  • a general interest in European affairs, banking supervision and matters of relevance to the area to which you are applying;
  • good knowledge of Microsoft Office;
  • 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, read more .

How to apply

Click here to apply.