VACANCY NOTICE. Policy Officer (SNE) (F/M) REF.: ESMA/2013/VAC47/SNE

Transcription

1 Date: 25 November 2013 ESMA/2013/VAC47/SNE VACANCY NOTICE Policy Officer (SNE) (F/M) REF.: ESMA/2013/VAC47/SNE Type of contract Seconded National Expert (SNE) 1 Function group and grade SNE Duration of contract 2 years, with possibility of extension 2 Division/Unit Markets Division & Investment and Reporting Division Place of employment Paris, France Monthly basic salary Monthly and daily allowance 3 Deadline for applications 20 December January 2014 (23:59 hrs, Paris local time) Reserve list valid until 31/12/2014 (the validity of the reserve list may be extended) 1. The Authority ESMA is an independent EU Authority that was established on 1 January It works closely with the national competent authorities who are members of the European System of Financial Supervision and the other European Supervisory Authorities the European Banking Authority (EBA) responsible for banking and the European Insurance and Occupational Pensions Authority (EIOPA) responsible for insurance and occupational pensions. ESMA s mission is to enhance the protection of investors and promote stable and well-functioning financial markets in the European Union (EU). As an independent institution, ESMA achieves this aim by building a single rule book for EU financial markets and ensuring its consistent application across the EU. ESMA contributes to the regulation of financial services firms with a pan-european reach, either through direct supervision or through the active co-ordination of national supervisory activity. ESMA also contributes to the financial stability of the European Union, in the short, medium and longterm, through its contribution to the work of the European Systemic Risk Board, which identifies potential risks to the financial system and provides advice to diminish possible threats to the financial stability of the Union. ESMA is also responsible for coordinating actions of securities supervisors or adopting emergency measures when a crisis situation arises. For further information, please refer to ESMA s website: SNE may be engaged under their 1 st secondment contract for a fixed period of 12 months with automatic extension for another period of 12 months. The contract may be renewed up to the total duration of 4 years. 3 Amount depends on the km distance between place of employment (Paris) and place of secondment Page 1 of 5

2 2. Job description ESMA is looking for Seconded National Experts (SNEs) to contribute to ESMA s missions within: Investment & Reporting Division Markets Division. Investment and Reporting Division is in charge of the rule-making, supervisory convergence and supervisory tasks related to asset managers, protection of the investors and financial innovation leading ESMA's work on files like the AIFMD, UCITS, and MiFID II/MIFIR. The Division also looks after other areas such as the enforcement of International Financial Reporting Standards (IFRS) and issues linked to all the information given by issuers listed on financial markets to investors. Markets Division is responsible for the rule-making, supervisory convergence and supervisory tasks related to market infrastructures (at the trading and post-trading levels) and secondary markets conduct rules. Therefore, it is leading ESMA's work on files like the EMIR implementation, clearing obligation, CCPs, Central Securities Depositories, MIFID II/MIFIR implementing rules, Short Selling, Market Abuse, Supervision of Trade Repositories and work related to Commodity Derivatives. Given the relevance of those projects for the European securities and derivatives markets, and the associated need to strengthen the resources to deliver and implement them, ESMA is looking for seconded national experts with a strong motivation to contribute to rule-making and supervision on financial markets at EU level. Depending on the skills, qualifications and expertise of the successful candidates and of the needs of the Division, the successful candidates will be offered a secondment position and assigned to one (or several) of the 3 areas that the division currently covers: within Investment & Reporting Division: Asset Management; Investor Protection; Financial innovation. within Markets Division: Secondary Markets Market Integrity and Short Selling Post Trading (OTC Derivatives, CSDs, CCPs and Trade Repositories). Main duties Under the responsibility of the Head of Division (or a team leader or project coordinator, if applicable) and jointly with other colleagues, the successful candidate will be responsible for: Contributing to ESMA s work on drafting technical advice, technical standards and guidelines and recommendations under the existing or upcoming regulations and directives on financial markets (MiFID II/MIFIR, AIFMD, UCITS, EMIR, etc.); Contributing to ESMA s work in promoting the consistent application of the Regulations by National Competent Authorities; Participating on the adoption of emergency measures, in cases foreseen by EU Regulations, and on the coordination by ESMA of surveillance or investigative activities, if required; Supporting the work of the relevant Standing Committees; Fulfilling any other relevant tasks assigned by the relevant Head of the Division. Page 2 of 5

3 3. Qualifications and experience required A. Eligibility Criteria To be considered eligible, candidates must satisfy all the eligibility criteria listed below, by the deadline for submitting applications: A.1. Secondment agreement In order to be eligible, the candidates should be employed by a member of the European System of Financial Supervision (as specified in Article 2 of Regulation (EU) no 1095/2010 establishing the European Securities and Markets Authority), including those countries that have reached appropriate arrangements for participation in ESMA s work within the meaning of Article 75 of the Regulation, an IGO, or another relevant public body. A.2. Secondment approval The candidates must have worked for their employer on a permanent or contract basis for at least 12 months before their secondment and shall remain in the service of that employer throughout the period of secondment. Before the application, the candidates should receive the formal approval/authorisation of their potential secondment from the National Authority in which they are employed. A.3. Education a) a level of education which corresponds to completed university studies of four (4) years attested by a diploma, OR b) a level of education which corresponds to completed university studies of three (3) years attested by a diploma and appropriate professional experience of at least one (1) year. Only academic titles that have been awarded in EU Member States or that are subject to the equivalence certificates issued by the authorities in the said Member States shall be taken into consideration. A.4. Experience Candidates should have at least three (3) years of proven full-time professional experience in areas relevant for this position acquired after the qualification required under A.3. A.5. Nationality Except where the Executive Director grants a derogation, a SNE must be a national of an EU or EFTA Member State or a country with which the Council has decided to open accession negotiations and which has concluded a specific agreement on staff secondments. A.6. General Conditions In addition, in order to be eligible the candidate must: be entitled to his/her full rights as a citizen 4 ; have fulfilled any obligations imposed by the applicable laws concerning military service; 4 Prior to the appointment, the successful candidate will be asked to provide a police certificate confirming the absence of any criminal record. Page 3 of 5

4 meet the character requirements for duties involved; and be physically fit to perform duties linked to the post. B. Selection criteria PRE-SCREENING PHASE Only eligible applications (CVs/motivation letters) which fulfil the above-mentioned criteria (part A - Eligibility criteria) will be assessed and scored against the requirements listed below (part B.1 - Essentials & B.2 - Advantageous). Please note that non-compliance with one or more of the Essential or Advantageous requirements (B.1/B.2) will not result in the exclusion of the candidate from the selection process. The 8 candidates, who obtained the highest number of points within this evaluation and reached at least 65% of the maximum points, will be invited for interviews and written tests. B.1. Essential requirements a) Education and/or training in economics, finance, law or other relevant subject giving a similar background demonstrating the ability to work in the scope of the job description; b) 3 years of relevant professional experience in the policy or supervisory departments of a supervisory authority, or in the internal audit function/ public affairs or compliance departments of a private company; c) Good knowledge and experience in the application of the European financial regulatory framework; d) Very good command of oral and written English; B.2. Advantageous requirements e) Work experience in the financial services industry; f) Professional experience in multicultural environment, preferably in a similar complex organisation; g) Motivation for applying for the advertised position. INTERVIEWS & WRITTEN TESTS PHASE Candidates invited for interviews and written tests will be assessed against all 5 selection criteria (part B1 & B2 & B3). B.3. Supplementary requirements h) Excellent organisation skills and ability to handle large volume of work in an efficient and timely manner; i) Excellent communication skills; j) Dynamic personality with strong aptitude for team work; k) Developed sense of initiative with proved ability to work independently with minimum supervision. Candidates who receive at least 65% of the maximum points in both the interview and the 5 If applicable. Some of the selection criteria, which cannot be tested during the interview/test phase (like for example PhD studies), will be excluded from the assessment during the interview/test phase Page 4 of 5

5 written test will be included in the reserve list of suitable candidates. Please note that inclusion in the reserve list does not guarantee recruitment. 4. How to apply Applicants must apply via by sending the following two documents to 1. a detailed curriculum vitae in European format 6, saved as follows: ESMA_2013_VAC47_SNE_FAMILY NAME_First name_cv Example: ESMA_2013_VAC47_SNE_SMITH_Anna_CV 2. a motivation letter 7, saved as follows: ESMA_2013_VAC47_SNE_FAMILY NAME_First name_motivation Example: ESMA_2013_VAC47_SNE_SMITH_Anna_Motivation Indicating in the subject line: ESMA_2013_VAC47_SNE_FAMILY NAME_First name Example: ESMA_2013_VAC47_SNE_SMITH_Anna For further details on the ESMA s recruitment procedure, please consult the Candidates Guidelines published on the ESMA website. 5. Conditions of secondment For further information on the respective SNE conditions, please consult the ESMA website and/or the EC website Of no more than two pages Candidate should explain why is interested in the post and what her/his added value would be to the Authority, if selected Page 5 of 5