Experienced Policy Strategist

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Economics and Policy Strategy
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Deadline for application: 23 January 2022

 

We are looking for a policy strategist to contribute to the analysis of economic policy developments within and beyond the euro area of strategic importance for the ESM. The role entails working on assignments related to the completion of Economic and Monetary Union (EMU) and supporting the ESM representation in the EU policy forums and other international gatherings. The selected candidate will work in the Policy Strategy and Institutional Relations division and report to its head.

 

The European Stability Mechanism (“ESM”) is the permanent crisis resolution mechanism for the countries of the euro area. It has launched financial assistance programmes for five countries, provided financial support, monitored repayment capacity, and engaged with partner institutions in the design of programmes in areas of financial interest. European leaders have agreed to an expanded mandate for the ESM, which it will implement in the near future. The ESM will have a stronger role in the analysis of financial stability risks and design of policy measures in programmes jointly with the European Commission, and it will provide the Single Resolution Board with a financial backstop to support the effective and orderly resolution of banks.  In the context of the current Covid-19 crisis, the ESM has established a precautionary credit line as one important element in the joint European response to the pandemic.

 

The ESM is a unique place to work with around 210 individuals from around the world committed to making a difference to the future of the euro area. It recruits talented professionals of any nationality from both the private and public sector. 

 

KEY ACCOUNTABILITIES

  • Coordinate the preparation of ESM stance in the EU forums. This includes preparing analyses and briefings to support the ESM representation at the Eurogroup, Eurogroup Working Group, Economic and Financial Committee.
  • Contribute to policy notes related to the ESM strategy as a crisis resolution mechanism and review ESM stability support instruments and processes.
  • Analyse policy strategy  for deepening EMU and global policy developments or other global policy agenda items.
  • Contribute to expert and academic forums, particularly in the following areas: fiscal stabilisation, safe assets, sovereign debt issues, official sector lending, international monetary system, and the role of global currencies and risk sharing.
  • Participate in policy discussions and technical meetings within the ESM and in working arrangements with European and international institutions such as the Task Force for Coordinated Action.
  • Liaise with and assist member states and other stakeholders in relation to assigned projects.
  • Contribute to joint workstreams with both European and international institutions to support the work of the ESM.
  • Collaborate closely with colleagues in other divisions and departments.
  • Occasionally participate in seminars, conferences, and roundtables.

 

KEY BACKGROUND & EXPERIENCE

  • University degree, preferably in economics, finance, or international relations.
  • At least three years of relevant experience, preferably gained at an international organisation, finance ministry, or central bank.
  • A first experience in translating policy decisions into concrete deliverables and preparing policy stance is required.
  • Prior experience in analysing sovereign financial stability support and/or strategic policy developments would be an asset.
  • Excellent oral and written English skills. Any additional languages are an asset.

 

KEY COMPETENCIES

  • Strong analytical and problem solving skills
  • Excellent communication and drafting skills
  • Capacity to build and maintain relationships
  • Ability to organise and prioritise tasks
  • Ability to work accurately and deliver in a fast-paced environment
  • Flexible approach to changing conditions
  • Team player

 

Contract duration: Four-year fixed term contract, with possibility of extension

 

 

The ESM aims to provide equal opportunity to all candidates irrespective of their gender, nationality, age, race, culture, education, religious beliefs, sexual orientation or disability. To enhance the diversity of our workforce, we particularly encourage women to apply.

 

Note 1: the ESM reserves the right to refrain from hiring, or to slightly modify job responsibilities, as needed.

Note 2: As a result of the selection process, please note that you may be placed on a ‘reserve list’ valid for a duration of six months during which you might be considered for a similar position with a similar level of requirements. Only those candidates who have been notified will be placed on the ‘reserve list’. After this period, you will need to apply again for our vacancies to be considered for a different selection process. 

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