Trainee: Legal and Compliance (LC) Unit

Job Description

The EBA is organising a call for expression of interest for various traineeship positions. The aim of the traineeship programme is to provide recent graduates with a unique and first-hand experience of the workings of the EBA, anunderstanding ofthe objectives andgoals of financialregulationand oversight generally, and specifically of the objectives of the EBA. Implementation of the EBA’s traineeship programme is governed by the Decision of the European Banking Authority concerning the traineeship programme at the EBA (EBA DC 455) and its annex available here.

Traineeship at the EBA is offered for an initial period of 6 (six) months and can be extended for a further period ofup to 12 (twelve)months, not exceeding a total duration of (eighteen)months. The conditions ofthe extension are subject to the performance of the trainee and the further needs of the agency.

The eligibility of the applications will be assessed by a selection committee (SC) composed of a member from the recruiting Departments/Units, a staff committee representative and a member of the Human Resources Unit (HR)

Candidates that meet the eligibility criteria will be placed on a reserve list that is approved by the Appointing Authority to conclude contracts (AACC). The reserve list will be valid for one year and may be extended should there be an interest in the needs of service to do so.

The Department/Unit that wishes to recruit a trainee will examine and assess the applications from the candidates on the reserve list, and shortlist those best matching the selection criteria as listed for every profile under Section ‘Traineeship profiles and requirements’ of this Vacancy notice. These candidates will be contacted by HR to determine if they have continued interest in the traineeship. Those who confirm their interest and availability will be invited for video interviews with the Department/Unit. HR will ensure that a gender and geographical balance is maintained as best as possible in the choice of candidates.

The selection process is confidential, and candidates must refrain from contacting the SC members or the members of the Department/Unit, during the selection procedure at any given time.

The interview will aim to assess compliance with the selection criteria, motivation, the ability to communicate in English and the availability of the candidate.

Following the interview, the Department/Unit will make a recommendation to the Appointing Authority to Conclude Contracts (AACC) on the candidate(s) based on merit. The AACC will make the final decision on whom to offer the traineeship to. Selected candidates will be sent a letter of intent with a traineeship offer that includes a proposed start date for the traineeship. This traineeship offer is subject to the candidate providing supporting documents confirming their eligibility, in addition to the already provided diploma or relevant certificates.

The trainee must also be able to provide the originals of all diplomas, or certified copies of all diplomas declared. Official certified translations, if the documents are not in an EU language, will be required when starting the traineeship.

Candidates that accept the offer for one traineeship placement will be excluded from selection for other traineeship placements.

The applications of all eligible candidates, including those shortlisted for an interview but not offered a traineeship position, shall be available for future traineeship recruitments and shall remain on the reserve list for the period of its validity, unless the applicant requests to withdraw their application.

At any stage of the application process, applicants may withdraw their application by informing the Authority by email to the address stated in the relevant vacancy notice published on the EBA’s website.

There is no appeal procedure against the decision taken.

All candidates will be informed about the outcome of their application.

If an application is unsuccessful, the candidate may re-apply for another traineeship period under a new vacancy notice. It is however necessary to submit a new application together with all the supporting documents within the new deadline.

Candidates may not be recruited to any EBA Department/Unit where a conflict of interest might occur, irrespective of their academic and professional qualifications.

Trainees are responsible for ensuring that they have the correct visa, where applicable, and that they obtain all the documentation required by the French authorities.

Profiles and requirements

The EBA will provide 6 traineeships profiles in the following Departments/Units:

Assistance to the Legal and Compliance (LC) Unit – Profile ref: TR TECH 2022/LC

The Legal and Compliance Unit provides legal support and input across the full range of the EBA’s regulatory, oversight and operational activities, in particular:

• Institutional and operational issues on the basis of the EU Treaties and the EBA’s founding regulation;
• Banking and other financial services issues on the basis of EU financial services legislation;
• All regulatory/supervisory products to be issued by the EBA (regulatory and implementing technical standards, guidelines, recommendations, decisions and opinions);
• Ethics, data protection, access to documents, anti-fraud and risk management.

The Legal and Compliance Unit also leads the EBA’s work on peer reviews, supervisory independence, breach of Union law investigations and mediations between competent authorities and coordinates the EBA’s Q&A process.

Tasks and duties of the trainee:

The selected trainee(s) will assist in providing technical support to the Legal unit as follows:

• Carrying out research on legal issues concerning any of the EBA’ s fields of competence;
• Investigation of complaints, including potential breaches of Union law;
• Supporting peer reviews of, and mediations between, competent authorities;
• Carrying out legal review of the EBA’s Q&As;
• Providing legal support on regulatory tasks, such as assisting with the review of the EBA regulatory products (guidelines and draft technical standards);
• Provision of legal assistance in other matters related to EU financial services law, supervisory law and institutional law.

Diploma required:Universitydegree inLaw.

Selection Criteria – assessed during interviews:

• Working experience of using the MS package: Word, PowerPoint, Excel and Outlook;
• Experience in multicultural environments, throughprevious work placements orstudyabroad.

Selection criteria for all of the above Profiles:

All candidates must have good communication and drafting skills in English (will be assessed during the interview).

In addition, it would be advantageous for the candidates tohave:

• • An initial experience or specific expertise in the area of the traineeship position that the candidate wishes to apply for, obtained either through specialisation through their studies such as a dissertation or other research project, or through professional experience or a previous traineeship or otherwise;
• • Knowledge of French.

Requirements

Eligibility criteria

To be considered eligible, candidates must satisfy all the eligibility criteria listed below:

• • Criterion 1: Nationality
  • Be a national of the Member States of the European Union or a national of the European Economic Area (Iceland, Liechtenstein, Norway)
• • Criterion 2: Education
  • Candidates must have completed the first cycle of a higher education course (university education) and obtained a full degree or its equivalent by the closing date for applications.
• For examples of the eligible diplomas in different Member States please consult the EPSO website.;
  • A University degree in the area relevant to the selected preferred profiles:
  • DART Department:University degree in data science, finance, statistics, economics, mathematics, law, computer science or another relevant field.
  • PRSP Department: University degree in in the area of economics, econometrics, finance or mathematics.
  • ICC Department: University degree in Law, Finance, Economics or Banking or equivalent relevant to the area in question.
  • ERA Department: Masters level University degree in economics, finance, statistics, science or similar relevant to the area in question.
  • GEA Unit: University degree in Law or Economics.
  • LC Unit: Universitydegree in Law.

Applicants whose university or post-graduate diplomas are not issued in one of the official EU languages must provide a certified translation of these documents in English.

Candidates must have completed their studies and obtained their last education diploma no longer than three years prior to the deadline for applications. The 3 years rule is not applicable for candidates undertaking PhD studies at the moment of application.

Candidates must provide copies of diplomas or the relevant official certificates (self-certifications will not be accepted) of all university or post-university studies declared in their application.

• • Criterion 3: Language
  • Knowledge of English at a minimum B.2 level

Selection criteria

Please refer to the specific selection criteria requirements for each respective profile under Traineeship Profiles and Requirements Section of this vacancy notice.

The following behaviour skills may also be tested atthe interview:

• • Ability to establish and maintain effective working relationships in a multicultural environment;
• • Good general communication and interpersonal skills with a service-oriented attitude;
• • Ability to take initiative and to multitask with the interest to learn and gain knowledge on various areas;
• • Strong sense of integrity and discretion.

Submission of applications

Excitedand interestedin working with us? Then please ensure that you read the decision of the European Banking Authority ref. EBA DC 455 concerning the traineeship programme at the EBA before applying.

Please then send the following documents to EBA-Traineeship-Applications@eba.europa.eu and make sure that you clearly indicate how you meetthe abovementioned eligibility and selectioncriteria in your applicationdocuments. We advise you to keep in mind the profiles you wish to apply for and give as many substantial examples as possible.

Required application documents:

• • A Curriculum Vitae in the Europassformat 6; Exact start and end dates of all education and professional experience (if any) should be provided in the format of “dd/mm/yyyy”;
• • A motivation letter no longer than one page; Please indicate in your motivation letter how you meet the Selection criteria as specified in the vacancy for the profile(s) of your choice (refer to: Traineeship Profiles and Requirements);
• • A completed, dated and signed Eligibility criteria grid and Selection of preferred profilesform;
• • Copies of diplomas (or relevant certificates) of all undergraduate and post-graduate studies declared in the CV (self-certifications are not accepted).

Only complete applications will be accepted and considered.No additional documents or justifications will be accepted once the application has been submitted. Incomplete applications will be rejected.

In the Eligibility criteria grid and Selection of preferred profiles form, you may select, in order of your preference, a maximum of three (a minimum of one) different profiles as listed above under Traineeship Profiles and Requirements Section.

Please make sure to submit your application by the deadline: 17 August 2022, at 12.00 noon Paris time.

In the subject line of your application email, please only indicate: TR_TECH_YourName-Surname The EBA will disregard any application received after deadline. Applicants are strongly advised not to wait until the last day to submit their applications, since heavy internet traffic or fault with the internet connection could lead to difficulties in submissionof the application within the deadline. The EBA cannot be held responsible for any delay due to such difficulties.

Place of traineeship

The official working place of the European Banking Authority is in Paris, France under the following address: Floors 24 to 27, Europlaza, 20 Avenue André Prothin, La Défense 4, 92400, Courbevoie, France.