The aim of this vacancy notice is to establish a reserve list of suitable candidates for the profile of Economics, Risks and Data Analysis Officer and to recruit in several available positions linked to current and future workstreams.
With the recently agreed additional responsibilities for ESMA, there is a particular need to strengthen our capabilities, to support our direct supervision activities, our efforts in supervisory convergence, as well as to continue to improve our regulatory and cross-cutting functions.
Profile
This position is for you if you:
- enjoy quantitative analysis and have an eye for detail;
- can identify key issues, patterns, trends and relationships in financial markets data;
- are able to identify and manage risks;
- can relate and compare data from different regulatory and proprietary sources;
- enjoy creating and presenting financial reports structured to ESMA’s business needs;
- can think “outside the box” (critical thinker) and
- are able to succeed in a culturally diverse work environment.
Main duties
As an Economics, Risks and Data Analysis Officer at ESMA your tasks might include the following:
- carrying out studies, conducting or promoting analyses and producing high-quality written
- reports in order to support and enhance ESMA’s mission;
- supporting activities related to impact assessments and cost-benefit analyses;
- preparing and delivering internal and external briefings and presentations in your areas of expertise;
- engaging with various types of stakeholders including supervised entities and NCAs to achieve ESMA’s objectives;
- participating in the supervisory risk assessment process;
- identification and monitoring of risks arising from supervised entities;
- monitoring activities and data analytics with the objective to identify and address supervisory concerns;
- designing, implementing, maintaining and assessing reports based on financial markets data;
- developing and executing business intelligence reports and statistical analyses to support ESMA activities;
- planning and implementing data quality analysis and proposing or executing remedial actions;
- contributing to the design of databases, data infrastructure and data governance;
- contributing to conceptual, methodological and operational documentation on data management and statistical analyses;
- data cleaning and data mining in large amounts of heterogenous datasets using traditional and data science methods (such as building quantitative/machine learning/predictive models);
- supporting the data gathering process and other data users;
- ensuring timely publication and updates of relevant datasets; and • incorporating and using third party databases.
The Authority
ESMA is an independent EU Authority that was established on 1 January 2011. ESMA’s mission is to enhance investors’ protection and promote stable and orderly financial markets. This mission is derived from ESMA’s founding Regulation4 and encompasses three objectives:
Investor protection: to have the needs of financial consumers better served and to reinforce their rights as investors while acknowledging their responsibilities;
Orderly markets: to promote the integrity, transparency, efficiency, and well-functioning of financial markets and robust market infrastructures, and
Financial stability: to strengthen the financial system in order to be capable of withstanding shocks and the unravelling of financial imbalances while fostering economic growth.
ESMA achieves these objectives through four activities:
- assessing risks to investors, markets and financial stability;
- completing a single rulebook for EU financial markets;
- promoting supervisory convergence; and
- directly supervising specific financial entities.
ESMA achieves its mission within the European System of Financial Supervision (ESFS) through active co-operation with National Competent Authorities (in particular with securities market regulators) as well as with the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA). ESMA has a unique position within the ESFS as it focuses on the securities and financial markets dimension and the overarching European aspects of these objectives.
Deadline
6 July 2021
Leave a Reply