Financial Stability Expert (ESCB/IO) – European Systemic Risk Board Secretariat - #2783490

Financial Stability Expert (ESCB/IO) – European Systemic Risk Board Secretariat

Analysis and Policy Advice

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 14.03.2029

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 1 - step 1) full time monthly net salary: €7,465 plus benefits, for further information see what we offer

Role specialisation FinancialStability&MacroprudentialPolicy

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 04.12.2026

Your team

You will be part of the Secretariat of the European Systemic Risk Board (ESRB), the ECB business area that provides analytical, statistical, logistical and administrative support to the ESRB. The ESRB is responsible for the macroprudential oversight of the EU financial system and for preventing and mitigating systemic risk. The ESRB therefore has a broad remit, covering i.e. banks, insurers, asset managers, financial market infrastructures and other financial institutions and markets. In pursuit of its macroprudential mandate, the ESRB assesses systemic risks and, where appropriate, issues warnings and recommendations. Representatives from about 80 different European institutions, including central banks and supervisory authorities, contribute to the ESRB’s work.In your role as Financial Stability Expert, you will be part of a team of eight colleagues responsible for assessing structural risks to the EU financial system, proposing macroprudential policies and analysing regulatory proposals. When necessary, your team will also prepare warnings and recommendations and monitor their implementation. In this role, you will cooperate with supervisory and other macroprudential authorities, support ESRB working groups and prepare analysis for the ESRB’s General Board meetings. 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 Financial Stability Expert, you will:

• identify financial stability risks in the EU by analysing developments in the financial sector (particularly in banking), draft policy notes highlighting these risks and propose measures to tackle them;
• contribute to the ESRB’s oversight of the securitisation market;
• further develop the ESRB Secretariat’s analytical toolkit;
• contribute to the preparation of ESRB warnings and recommendations aimed at preventing and/or mitigating systemic risk, and monitor their implementation;
• provide analytical and secretariat support to ESRB committees and other substructures and represent the ESRB Secretariat in these fora;
• work closely with your colleagues in the ESRB Secretariat and establish strong working relationships with colleagues in other ECB business areas;
• engage with ESRB stakeholders to ensure open and effective communication between different authorities;
• prepare reports, analytical inputs, papers and presentations for ESRB committees.

The position offers you excellent opportunities to work at the heart of macroprudential policymaking in Europe and to interact with a variety of stakeholders. 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, accounting, law or another relevant field (see How you can join us for details on degree equivalences);
• in addition to the above, a minimum of four years’ professional experience (other than as an intern) in financial stability analysis and policy, banking regulation, or supervision (microprudential or macroprudential);
• experience analysing banking sector data;
• experience working at a central bank, supervisory authority, other ESRB institution or other international organisation (e.g. the Organisation for Economic Co-operation and Development, the International Monetary Fund or the Bank for International Settlements);
• a sound understanding of the EU macroprudential framework, as well as financial institutions, markets and regulation;
• 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:

• experience working in, supporting or coordinating international expert groups;
• experience in analysing securitisation market.

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 be part of our team and to develop and use your skills and competencies to achieve the aims of this position. You are aware of your strengths and areas for development and know what motivates you to perform at your highest level.

Working modalities

We would be happy to discuss a part-time arrangement for this role.

Further information

If you are currently employed at an ESRB member institution but it is not on the ESCB/IO institutions list, please select "OTHER” in the application form.The contract offered will be short-term ESCB/IO, the appointment being for 24 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 arrange to speak to the hiring manager, Paulina Przewoska, by sending an email to [email protected].

Application and selection process

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.Find out how to apply for a position at the ECB.