Traineeship in Operational Risk and Business Continuity Management

Risk Management

11513

General Information
Type of contract Traineeship

Who can apply? EU nationals eligible for our traineeship programme

Grant The trainee grant is €1,170 per month plus an accommodation allowance (see further information section)

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 25.03.2025

Your team You will be part of the Directorate Risk Management, a dynamic team of professionals developing and maintaining the financial risk management frameworks that govern the Eurosystem’s monetary policy operations and the ECB’s investment operations. Moreover, the Directorate supports the ECB in achieving operational resilience by implementing sound non-financial risk, business continuity and critical incident management practices.

In your role as trainee you will be part of the Operational Risk and Business Continuity Section, which is currently working on several emerging risks and opportunities. These include: the adoption of AI; cloud computing; the response to geopolitical tensions; and compliance with environmental, social and governance-related regulations.

The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.

Your role As a trainee in our Section, you will:

• provide support with tasks relating to all three of the Section’s core disciplines (operational risk, business continuity and critical incident management);
• maintain systems containing operational risk and business continuity-related information;
• be responsible for maintaining the external loss database, as well as data relating to the ECB-wide mass notification tool and associated alert exercises;
• monitor the news to keep abreast of external threats;
• support resilience exercises and tests;
• contribute to regular risk and control self-assessments, including preparing an enterprise risk and resilience dashboard for the decision-making bodies and senior management of the ECB;
• support ad hoc projects that may arise during the course of your traineeship.

This position offers you excellent opportunities to gain hands-on experience in a team that fosters organisational resilience and acts as a second line of defence against non-financial risks. In this role you will be able to develop strong analytical and communication skills by interacting with a variety of 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 non-financial risk management, business and/or public administration, auditing, information technology or another relevant field;
• experience of analysing data and producing reports;
• knowledge of organisational resilience, operational risk, business continuity or crisis management;
• good skills in data processing in MS Excel and data visualisation in MS PowerPoint;
• a good knowledge of the rest of the MS Office package;
• an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.

Desired:

• experience of using Visual Basic for Applications in MS Excel;
• a basic understanding of the functioning of the ECB, the European System of Central Banks 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.

You are motivated to contribute to the ECB’s mission, to serve the citizens of the EU as a member of a public institution and to work with colleagues from all over Europe. You are keen to be part of our team and to use your skills and competencies to achieve the aims of this position.

Working modalities You will occasionally be expected to work at the ECB’s recovery site to enable the ECB to maintain its business continuity capability.

Further information Initial traineeship of between three and six months, with a possible extension to up to 12 months in total.

Other details on the conditions applicable to traineeships at the ECB can be found on our website.

Application and selection process The recruitment process for this position will include an online interview.

Further information on how to apply is available on our website.

If you are not selected for this position but are still considered suitable, you will be placed on a reserve list for 12 months from the closing date for applications, from which you might be considered for other traineeship positions within the ECB.