Policy Strategist

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Economics and Policy Strategy
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765 Total Views

Deadline for application: 14 December 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 reviewing and maintaining ESM stability support instruments, working on assignments related to the completion of Economic and Monetary Union (EMU) and other global policy agenda items, and contributing to deliverables for 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 euro area countries. It provides financial assistance to Members facing financing difficulties. European leaders have agreed to an expanded mandate for the ESM, which it will implement in the years ahead. 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; it will provide the Single Resolution Board with a financial backstop to support 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

  • Contribute to policy notes related to the ESM strategy as a crisis resolution mechanism and review ESM stability support instruments and processes;

  • Support ESM participation in EU forums, including by preparing analyses and briefings including the ESM stance for the Eurogroup, Eurogroup Working Group, and Economic and Financial Committee;

  • Analyse policy strategy and contribute to expert and academic forums on deepening EMU and other relevant global policy developments;

  • 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;

  • Liaise with internal stakeholders from various divisions, such as Corporate Governance and Internal Policies, Economic and Market Analysis, Economic Risk Analysis, Financial Sector and Market Analysis, Funding, ALM and Financial Structuring, Legal, Investment and Treasury, and Risk Management, among others;

  • Occasionally participate in seminars, conferences, and roundtables.

 

KEY BACKGROUND & EXPERIENCE

  • Graduated at Master level, preferably in economics, finance, or international relations

  • At least one year 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

  • Excellent oral and written English skills. Any additional languages are an asset

 

KEY COMPETENCIES

  • Good analytical and problem solving skills

  • Communication and interpersonal skills

  • Ability to organise and prioritise tasks

  • Ability to work accurately and deliver in a fast-paced environment

  • Teamwork and collaboration oriented

  • Resilience, flexibility and adaptability

  • Inclusive and respectful of diversity

 

Contract duration: Four years, 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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