Policy Adviser on Recovery and Resolution

European Banking Federation
  • Location
    Brussels, Belgium
  • Sector
    Non Profit
  • Experience
    Mid Career
  • Apply by
    Dec-20-2018
  • Posted
    Dec 04

Position description

The European Banking Federation (EBF) is seeking to recruit a full-time Policy Adviser who will be responsible for the management of the area of Recovery and Resolution, involving a variety of tasks: developing policy positions, building consensus with international groups, designing and delivering banking industry advice and organising large meetings with the participation of senior managers from banks and EU authorities.

This is a position with a significant workload and responsibility within a highly competitive team and working with European legislators and supervisors to achieve an appropriate regulatory and supervisory framework in the EU.

Your team

You will be part of the Banking Supervision team which is organised in 4 areas: Risk Management, Supervisory Practices, Crisis Management and Data and Research. The Policy Adviser will integrate in an 8-member team assisting the Head of Banking Supervision in a wide range of topics in the field of prudential regulation of credit institutions at global and European level. The Policy Adviser will perform his/her duties in a rapidly changing environment working with EBF members from banks and banking associations on the strategic themes which are defined on a yearly basis. The Banking Supervision team works flexibly across those 4 areas, sharing information and responsibility between team members who contribute to the overall objectives from their varied profiles and expertise.

This position of Policy Adviser will cover mainly the Crisis Management area. The holder of this position may also take responsibility over specific projects in other areas depending on the objectives of the year. He/she will work under a shared responsibility model with other members and the Head of Function.

Detailed responsibilities

As a Policy Adviser on Banking Supervision you will be responsible for the development of advocacy and the representation of the EBF interests on selected strategic themes in the area of crisis management. This involves:

  • Managing international working groups made of experts from banks and banking associations for the definition of EBF advocacy strategies;
  • Steering the discussion on issues related to recovery and resolution plans of banks, compliance with EU regulations on minimum requirement for own funds and eligible liabilities and global standards on total loss-absorbing capacity;
  • Organising high-level events involving C-Level executives from banks and senior managers of the Single Resolution Board (SRB);
  • Drafting EBF positions, responses to public consultations, letters to policy makers, and other material that might be useful for the EBF and its members;
  • Establishing a professional working relationship and maintaining fluid and regular communication with managers and staff from the SRB, Commission, European Banking Authority, Single Supervisory Mechanism as well as national resolution authorities as required;
  • Helping the Head of Banking Supervision on the preparation of external speaking commitments;
  • Collaborating with other team members, sharing information and expertise with them and promoting a work team atmosphere that facilitates the achievement of common objectives;
  • Advising the Communications team on press releases, interpretation of media news and other events that might require joint work;
  • Delivering presentations to different audiences with varying degrees of expertise, using a didactic approach and building reliability on the EBF expertise and views;
  • Leading and contributing to the further development of the EBF knowledge base on prudential matters as well as anticipating regulatory developments.

The performance of advisory duties also includes building and maintaining a cooperative relationship with EBF member associations and banks trying to understand with anticipation what their concerns are and getting insight from their points of view.

Qualifications

  • University degree preferably in Finance, Economics, Law or Political Sciences;
  • Thorough knowledge of EU banking regulation and EU public affairs with at least 5 years of relevant experience;
  • Specific expertise on the Single Resolution Mechanism Regulation, the functioning of the Single Resolution Fund and the Banking Recovery and Resolution Directive;
  • Relevant exposure to the prudential supervision of banks gained in previous positions at European institutions, consultancy firms or credit institutions;
  • Excellent organisational skills and capacity to prepare large meetings, setting out agendas, discussing with experts about relevant content, overseeing the administrative work and taking responsibility on the development of the meeting/event;
  • Effective communication and team working skills;
  • Excellent influencing skills, persuasiveness and sense of diplomacy;
  • Broad understanding of the international policy standards, notably from the Financial Stability Board and the Basel Committee;
  • Ability to blend the views and inputs provided by EBF members to draft joint position papers in response to public consultations;
  • Capacity to adopt pragmatic viewpoints including on the implementation of regulation in credit institutions across EU Member States;
  • Excellent writing skills in English;
  • Good interpersonal and bridge builder skills;
  • Strong organisational skills and the ability to work under pressure;
  • Openness to assume responsibilities on a variety of technical matters;
  • Strategic and analytical thinking skills in a project-driven environment.

The ideal candidate will show considerable commitment to his/her work, enthusiasm and a positive attitude towards the various projects for which he/she will be responsible.

Organisation structure

The person will report to the Head of Banking Supervision which function covers the area of prudential regulation, supervisory implementation, economic analysis and bank management.

The position is based in Brussels. Occasional travelling, especially to Frankfurt but also to other European destinations, will be required.

Application instructions

Please send your application with curriculum vitae, including a letter of motivation clarifying why you are interested in this position, to EBF Recruitment at email address.

Disclaimer: Please note that, due to high interest in positions at the EBF, we may not be able to respond to every application. If you have not heard from us before 15 January 2019, you may assume that we will not move your application forward. We really appreciate your interest in working with us and wish you best of luck in your search. Thank you for your understanding.

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