European internal audit trainee programme
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1 European internal audit trainee programme Klaus Gressenbauer ECB Director Internal Audit Chairman of the Internal Auditors Committee Represented by Paulus Callebaut Chief Audit Executive Banque Nationale de Belgique IAC member Camille Braun Secretary of the Internal Auditors Committee
2 The ECB at a glance
3 Rubric We are an employer of choice that allows you to work for Europe Working for Europe Getting a unique insight into the functioning of an EU institution Working with people from all across Europe Contributing to decisions affecting more than 330 million people Gaining and developing skills Broaden your perspective Develop your skills to the next level Work on various topics Learn from experts 3
4 Rubric We are an employer of choice diverse in many ways The European Central Bank Established in 1998, almost 20 years ago 24 Business Areas 3200 employees (in 2017) 28+ nationalities Total balance sheet: 344 billion ( ) 24 EU languages spoken Diverse backgrounds Economics HR, IT, Legal, Statistics, Architecture, Finance, etc 43% women 57% men 4
5 Rubric We are an employer of choice diverse in many ways The Eurosystem European Central Bank 1 Nationale Bank van België/ Banque Nationale de Belgique 2 Deutsche Bundesbank 3 Eesti Pank 4 Banc Ceannais na héireann/ Central Bank of Ireland 5 Bank of Greece 6 Banco de España 7 Banque de France 8 Banca d Italia 9 Central Bank of Cyprus 10 Latvijas Banka 11 Lietuvos bankas 12 Banque centrale du Luxembourg 13 Bank Ċentrali ta Malta/ Central Bank of Malta 14 De Nederlandsche Bank 15 Oesterreichische Nationalbank 16 Banco de Portugal 17 Banka Slovenije 18 Národná banka Slovenska 19 Suomen Pankki Finlands Bank 4 14 Gender diversity, particularly in leadership, has become 3 priority internationally. I am convinced that, 10having women in leadership 11 roles, is beneficial to the ECB! 1 2Michael Diemer, Chief Services Officer International Women s Day, 8 March
6 Rubric We are an employer of choice diverse in many ways European banking supervision Gender diversity, particularly in leadership, has become priority internationally. I am convinced that, having women in leadership roles, is beneficial to the ECB! Michael Diemer, Chief Services Officer International Women s Day, 8 March
7
8 Rubric Jumpstarting your career via our Trainee programme Focus: Minimum criteria: Recruitment process: Traineeship A learning experience with active participation to the work of the Internal Audit Function at the ECB/Eurosystem/SSM and the Internal Auditors Committee (IAC) Completed or soon to be completed Master degree Online application, online tests, remote written exercise, skype interview Duration: 12 months, from Monthly grant: 1,050 (net) Accommodation : 750 monthly allowance ECB NCB/NCA1 NCB/NCA2 ECB 2 months 4 months 4 months 2 months 8
9 Rubric Jumpstarting your career via our Trainee programme What it is What s in it for you What we expect from What you we expect from you What happens afterwards - Put into practice knowledge acquired during your studies - Active participation in the ECB, the Eurosystem and the SSM s activities and operations - Training in Internal Audit - Directly apply learnings on the job - Practical experience and guidance in a multicultural, multinational and multi institutional European setting - A challenging and welcoming environment - A completed or soon to be completed master's degree in audit, BA, economics, law, science, international relations - strong analytical skills and good academic records in the related fields - A communicative and collaborative approach to finding solutions - An applied enthusiasm to contribute to the tasks of internal audit - Dedication and fresh ideas - Well equipped for a job in audit - Well equipped to apply for a junior auditor job within the Eurosystem and the SSM 9
10
11 Rubric The Internal Auditors Committee Working together Joining the programme means participating to the work of the Internal Auditors Committee and the work of the Internal Audit Function in the ECB, the NCBs and the NCAs. The Internal Audit Functions of the ECB, the NCBs and the NCAs work together to protect the assets, reputation and sustainability of the Eurosystem and SSM. The Internal Auditors Committee acts as Chief Audit Executive and co-ordinates activities which aim to improve governance, risk management and controls. The IAC conducts audits in the following domains: Banknotes Information Technology Monetary Policy, Financial Stability and Market Operations Management Support Payments, Securities and Market Infrastructure Banking Supervision Statistics 11
12 Rubric Giving you the right tools A dedicated two months training curriculum We have especially designed a training curriculum made of both classroom sessions and on-the-job assignments at the ECB and in the Eurosystem/SSM. The curriculum encompasses five phases: Introduction to Central Banking and Banking Supervision Internal auditing: procedures, working methods and audit approaches Applied auditing work on specific internal audit missions at the ECB Assignments in up to two others NCBs/NCAs (8 months in total, from December 2018 until July 2019) Collaboration in a system-wide IAC activity at the ECB (August- September 2019) 12
13
14 Rubric What we look for in terms of behavioural skills Candidates with an interest in what we do a sense of curiosity a willingness to actively contribute the ability to thrive in a diverse environment the ability to respond to change in an agile manner a willingness to collaborate the ability to take decisions and deliver high-quality results an analytical mind-set and an eye for detail good communication skills 14
15 Rubric What we look for in your application Tips for your application Application Show us why this position and why the ECB/Eurosystem/SSM Highlight and explain previous relevant experience Show proficiency in English Interview Come prepared Be clear on your motivation Provide focused answers with relevant examples Be yourself
16 Rubric What we look for apply now! How to apply Go to: Who can apply and what to expect? EU nationals and those in the process of obtaining EU nationality Applicants fluent in English & in another EU official language Online application Application questionnaire Candidate profile Online tests Skype interviews Written tests Outcome Feedback 16
17 Rubric Q&A Thank you for your attention! Contact: 17
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