Traineeship in Operational Risk and Business Continuity Management

Your team

You will be part of the Operational Risk and Business Continuity Management (ORM/BCM) team. We are a team of 17 colleagues responsible for developing and maintaining the ECB’s operational risk, business continuity and incident/crisis management policy frameworks, supervising their implementation, and providing methodological support to business areas on related matters. We coordinate bank-wide risk assessment updates and associated risk acceptance procedures as well as business impact analysis and business continuity testing activities. We also monitor and report on risk situations and high-impact incidents at the ECB and organise crisis management (CM) exercises, acting as the CM Support Team in crisis situations.

We are currently working on the roll-out of an ORM/BCM software tool, which will serve as a repository for operational risk and business continuity related information. You will interact with risk coordinators and business continuity team leaders from all business areas of the bank.

To further enhance the diversity of our team, we particularly encourage applications from [female] candidates.

Your role

As a trainee you will:

• support the maintenance of the internal system containing operational risk and business continuity related information;
• support the maintenance of the existing external loss database and monitor the news to keep aware of external risks;
• support the data maintenance of the ECB-wide mass notification tool and the associated testing;
• contribute to the review of business impact analysis and threat analysis and related undertakings;
• contribute to the annual risk update and the change management process in respect of business continuity requirements;

• contribute to other activities such as benchmarking exercises, staff training and information campaigns.

The position offers you excellent opportunities to gain hands-on experience of the operations of a second line of defence, both in handling non-financial risks and in fostering organisational resilience. In addition, you will be able to develop good analytical and strong communication skills by interacting with various stakeholders across the ECB. 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 bachelor’s degree or higher in business or public administration, auditing, non-financial risk management, information technology or other relevant subject;
• interest in operational risk management, business continuity and/or crisis management issues;

• experience in analysing data and producing reports;
• an advanced command of English and an intermediate command of at least one other official language of the EU.

Desired:

• experience in the financial/ banking sector;
• experience with VBA in MS Excel;
• basic knowledge and understanding of the functioning of the ECB and the Single Supervisory Mechanism.

You are curious and eager to learn, and want to further develop your ability to analyse complex information. You are keen to collaborate with others, pursue team goals and learn from other people’s diverse perspectives. You strive to know and anticipate stakeholder needs, and will signal any need for change and propose alternative solutions.

Further information

The envisaged starting date to be agreed with successful candidates is 15 April 2018.

The recruitment process for this position may include a remote written exercise at the pre-screening stage and – if you are invited to participate further in the selection procedure – a Skype interview.

Application and selection process

Find more information under “How you can join us”:

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Traineeship in Operational Risk and Business Continuity Management

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