Economist-Statistician (Supervisory Data Services)
Reference: 2016-065-EXT S
Closing Date for Applications: Thu, 7 Apr 2016
Functional area: Statistics
Function:
The Directorate General Statistics (DG/S) develops, compiles and disseminates the statistics and supervisory statistics required by the European Central Bank (ECB) and the Single Supervisory Mechanism (SSM) to fulfil their responsibilities. DG/S is seeking highly qualified statisticians and/or economists with supervisory reporting experience for its Supervisory Statistics (S/SUP) Division.
The S/SUP Division develops, collects, compiles and disseminates the datasets and quantitative risk reports for supervisory purposes. This entails the coordination, receipt, quality management and reconciliation of supervisory data of credit institutions, including those based on the implementing technical standards of the European Banking Authority (EBA) and those defined by ECB Banking Supervision. It also establishes the governance framework for management of SSM data from all supervised banking groups and individual institutions.
The S/SUP Division monitors the transmission of supervisory data and assesses the quality of the data received. It is also responsible for contacting the national competent authorities (NCAs) in the event of delays in data transmission or if the data received is of low quality so as to ensure that said data are resubmitted to the ECB and are available to supervisors in a timely manner and of a high quality.
The S/SUP Division is seeking applicants to fill the position of Economist-Statistician with a focus on data collection.
The successful applicant will be entrusted with the following main tasks:
performing tasks related to the collection and processing of ad hoc supervisory data primarily from NCAs and also, by way of exception, directly from reporting banks;
monitoring the process of collection of ad hoc supervisory data – from receipt and quality assurance to dissemination – from all directly supervised banking groups and individual institutions, as well as monitoring the process of collection of the relevant supervisory data from the indirectly supervised banks (“less significant banks”);
contributing to the production of secondary or derived supervisory indicators for the quantitative risk assessment system, and meeting other statistical, reporting and analytical needs of the ECB;
assisting supervisory colleagues by providing them with accurate data, thereby helping them to work efficiently;
contributing to the preparation of briefing material for members of the Executive Board, Supervisory Board and Governing Council of the ECB, as well as notes for the meetings of the Statistics Committee of the European System of Central Banks (ESCB) and its Working Group on Supervisory Statistics;
performing divisional transversal tasks with respect to supervisory data services. This may involve engagement with both internal and external stakeholders such as other ECB Directorates outside ECB Banking Supervision, the ESRB and the Single Resolution Board;
contributing to balance the team’s workload, ensuring a high quality and quantity of output.
Qualifications and experience:
Applicants must have the following knowledge and competencies:
a master’s degree in, ideally, a subject related to finance, banking, mathematics or statistics, or a bachelor’s degree in one of these fields combined with at least four years of relevant professional experience;
ideally three years of experience in the collection, processing, aggregation and dissemination of data;
ideally two years of experience in using software tools such as SAS and/or SQL or alternatively R, Stata, Fame or similar software for querying databases and producing tables and reports;
experience in the definition of user requirements in close cooperation with business users and with IT experts would be a strong asset;
sound analytical skills and the ability to define, apply and automate statistical concepts, procedures and methodologies;
an extensive knowledge of the reporting framework for supervision, in particular knowledge of the Implementing Technical Standards on supervisory reporting, would be an advantage;
a good understanding of the different institutions involved in supervision, and of their respective main responsibilities, would be an advantage;
experience in collaborating with counterparts at European (European System of Central Banks, European Commission, EBA) and international levels (Bank for International Settlements, Financial Stability Board, International Monetary Fund) would be an advantage;
an advanced command of English;
an intermediate command of at least one other official language of the European Union;
an excellent knowledge of MS Office, in particular Word, Excel, PowerPoint and Access.
Competencies:
The successful candidate will have the following behavioural competencies:
a high degree of initiative in developing and improving processes, products and decisions, and commitment to the achievement of organisational goals;
capacity to simultaneously handle different tasks independently and work without close supervision, while knowing when to involve others;
strong analytical abilities and an affinity for numbers;
ability to prioritise tasks, pay attention to detail and yet retain the big picture as well as deliver high-quality results within tight time frames;
ability to build cooperative relationships with both internal and external counterparts;
ability to manage/liaise with internal and external counterparts, with a proven ability to contribute to teamwork, sharing information, supporting team members in achieving common goals and defining success in terms of the team as a whole.
Further Information:
Three fixed-term contract, with possible conversion to a contract of indefinite duration subject to individual performance and organisational needs.
To further enhance the diversity of its workforce, the ECB particularly encourages applications from female candidates.
The selection committee may place suitable candidates on a reserve list, from which candidates may be appointed to similar positions in the same or another business area. It may also be decided to fill the position(s) advertised in this vacancy notice with a suitable candidate or candidates from the reserve list resulting from a recruitment procedure for a similar position. Candidates will be informed accordingly if this happens.
How to apply:
Applications are to be made in English and submitted using our online application form. An "Applicants' Guide" can be downloaded from our recruitment pages.
The recruitment process may include a pre-screening exercise, a written exercise, a presentation and interviews.
Further information on the ECB's conditions of employment for fixed-term positions can be found at http://www.ecb.europa.eu/careers/newcomers/fixed-term/html/index.en.html.
Applications are accepted from nationals of Member States of the European Union.
The requirements laid down in the vacancy notice must be met by the closing date for applications.
This vacancy notice may be used to fill the same position again, or similar positions, within 12 months of the selection decision.
This position has been allocated to salary band: F/G