JOB DESCRIPTION

WHAT IS THE EBA?

The EBA is an independent European Union Authority established on 1 January 2011 by Regulation (EU) No. 1093/2010 of the European Parliament and of the Council of 24 November 2010^[1].

EBA’s mission is to contribute to the stability and effectiveness of the European financial system through simple, consistent, transparent, fair regulation and supervision that benefits all EU citizens.

EBA’s five strategic objectives are: to finalise and implement an effective and proportionate Single Rulebook, to foster financial stability in an economy transitioning towards sustainability, to enable an integrated reporting system for enhanced assessment and disclosure, to implement the Digital Finances package with DORA oversight and MiCAR supervision, and to focus on innovation for the benefit of consumers while ensuring a smooth transition of the anti-money laundering.

As an integral part of the European System of Financial Supervision (ESFS), the EBA works closely together with its sister authorities within the European Supervisory Authorities (ESAs), namely the European Insurance and Occupational Pension Authority (EIOPA), and the European Securities and Markets Authority (ESMA), as well as the Joint Committee and the European Systemic Risk Board (ESRB).

Further information on the EBA is available on the EBA website: www.eba.europa.eu.

WHAT ARE THE JOB AND OFFER?

Key purpose

As a member of the Prudential Regulation and Supervisory Policy (PRSP) Department, the Policy Expert reports to the Head of the Liquidity, Leverage, Loss Absorbency and Capital Unit (LILLAC) Unit working in the area of Liquidity, Interest Rate Risk in the Banking Book (IRRBB), Leverage ratio and Large Exposures.

In particular, under the overall management of the Director of the PRSP Department and the Head of the LILLAC Unit, the Policy Expert supports the EBA’s regulatory work on liquidity and IRRBB, as well as contributes to the work on the leverage ratio, through the development of technical standards, guidelines, Q&As, opinions and reports related to banks, investments firms or crypto issuers. Working closely with all involved stakeholders, the Policy Expert contributes in a dedicated team to the development of high-quality regulatory products, facilitates and monitors their practical implementation in a consistent manner.

Main responsibilities

• Prepare policy stances and provide policy advice mainly in the area of liquidity and IRRBB, and as well as leverage ratio and large exposures, under the guidance of senior experts and within a dedicated team;
• Contribute to promoting convergence of implementation of the regulatory products in these areas, in particular the liquidity coverage ratio (LCR) and net stable funding ratio (NSFR), as well as to monitoring reports and the IRRBB published heatmap;
• Contribute to the EBA decision making process through the support provided to the internal EBA committees and subgroups and their chairpersons;
• Externally represent the EBA at a technical level in his/her area of expertise;
• Establish and foster effective cooperation with the other ESAs, the ECB-SSM and national competent authorities;
• Facilitate external consultations, training and supporting implementation studies and impact assessments for the respective guidelines and binding technical standards;
• Perform other tasks in the interest of service and the area of competences as requested by the management.

WHAT ARE THE SELECTION REQUIREMENTS?

Applications will be assessed based on the Eligibility and Selection criteria specified in this vacancy notice. Eligibility criteria

To be considered eligible, candidates must satisfy all the criteria listed below by the deadline for submitting applications:

General

• Be a national of a Member State of the European Union³ or Iceland, Liechtenstein, Norway, and enjoy your full rights as a citizen⁴;
• Have fulfilled any obligation imposed on you by the laws concerning military service;
• Have the appropriate character references as to your suitability for the performance of your duties;
• Be physically fit to perform the duties linked to the post⁵;
• Have a thorough knowledge⁶ of English⁷ and a satisfactory knowledge⁸ of another official language^{9 10} of the European Union.

Qualifications^[1]

Candidates must have a level of education which corresponds to completed university studies of at least three years attested by a diploma.

Selection criteria

In addition to the eligibility criteria above, the following selection criteria will be assessed throughout the different phases of the selection procedure. Candidates are required to clearly indicate in their application how they acquired the knowledge and experience allowing them to meet the selection criteria and to give specific examples.

Essential criteria:

• Knowledge and/or expertise gained in the area of Banking Regulation and Supervision;
• Strong academic background (as evidenced by education) in areas such as finance, economics and/or a related field with strong quantitative skills;
• Knowledge and/or experience in the area of liquidity, and/or IRRBB, and/or Leverage ratio and/or Large exposures.

Advantageous criteria:

• Analytical abilities and experience in drafting high quality documents targeted to technical and non­technical audiences;
• Experience in multicultural organisations and/or organisations involved in the development of relevant policy issues.

Behavioural competencies:

• Drive for results with flexibility to take on new tasks in a dynamic working environment;
• Communicate clearly and precisely both orally and in writing;
• Act in line with EU high-standard professional values (such as ethics and integrity, respect, open collaboration);
• Have strong analytical mindset with the ability to provide in-depth analysis, i.e. proven ability of approaching new challenges with an analytical perspective;
• Take responsibility, accountability, initiative for delivering work to a high standard of quality within set deadlines and procedures;
• Ability to work co-operatively with others in teams and across organisational boundaries.
• Only qualifications awarded by EU Member State authorities or EEA EFTA authorities or qualifications recognised as equivalent by the relevant authorities will be taken into consideration. If the main studies took place outside the European Union or the EEA EFTA countries, the candidate’s qualification must have been recognised by a body delegated officially for the purpose by one of the European Union Member States or EEA EFTA Member States (such as a national Ministry of Education) or a NARIC recognition is required: ittps://www.enic-naric.net/ and a document attesting so must be uploaded with the application by the closing date. If you have a diploma recognised in an EU or EEA EFTA Member State, you don’t need NARIC recognition for your lower-level diploma(s). Example: If you have a Bachelor’s degree from a university outside the EU or EEA EFTA, and a Master’s degree from an EU or EEA EFTA university, you don’t need NARIC recognition for the Bachelor’s degree. Qualifications/diplomas awarded until 31/12/2020 in the United Kingdom are accepted without further recognition. For diplomas awarded after this date (from 01/01/2021), a NARIC

ANNEX

HOW TO APPLY?

Candidates are invited to carefully read the Annex that represents an integral part of this vacancy notice and provides information on how to complete the application, the steps of the selection process and appeal procedures.

recognition is required.