The Directorate-General for Market and Payment Infrastructure is offering a call for applications for work placements.
You will be part of the Supervision Division of the Directorate-General for Market and Payment Infrastructures. The Directorate-General works to ensure that European financial markets have secure and efficient market infrastructures, whilst fostering innovation and European integration. The three main responsibilities are: (i) coordinating and supporting the operation of market infrastructure for payments and securities settlement offered within the framework of TARGET Services; (ii) collaborating with market participants to promote innovation and the harmonisation of payment and securities settlement practices; and (iii) overseeing the Eurosystem’s market infrastructures and the payments ecosystem as a whole.
Your role:
- helping to assess the efficiency, interconnection and systemic risk of financial market infrastructures;
- ensuring that payment systems (including TARGET services), payment instruments, payment schemes and arrangements, central securities depositories, securities settlement systems and distributed ledger technology settlement systems comply with regulatory standards;
- contribute to regulatory initiatives in the areas of payments and securities;
- support the Eurosystem’s overall cyber resilience strategy for financial market infrastructures, as well as the initiatives and tools used by the Euro Cyber Resilience Board for pan-European financial infrastructures;
- Contribute to the drafting of reports, memoranda, documents and papers on analytical projects and supervisory policy issues;
- assist in preparing presentations for relevant European working groups and committees, the ECB’s decision-making bodies and market stakeholders;
- Assist in gathering, managing and sharing information, exploring new approaches and proposing creative ways to address technical issues.
Requirements:
- a bachelor’s degree or higher in economics, business administration, econometrics, computer science, engineering, finance, a related quantitative discipline (e.g. mathematics or physics), auditing, communications, law or another related field;
- a good knowledge of MS Office;
- advanced (C1) proficiency in English and intermediate (B1) proficiency in at least one other official EU language, in accordance with theCommon European Framework of Reference for Languages.
Desirable:
- a master’s degree in economics, finance, law or political science, specialising in financial markets or a related field;
- a basic understanding of payment instruments, financial market infrastructures (such as payment systems, central securities depositories, securities settlement systems and distributed ledger technology settlement systems), post-trade processing and/or key concepts of cyber resilience;
- experience in drafting documents (e.g. memoranda or notes) in English;
- Experience in using different techniques, formats (e.g. charts, maps and dashboards) and data visualisation tools (e.g. Power BI and Tableau);
- Experience in data collection, exploration, transformation, modelling, cleaning, analysis and validation (using, for example, Excel, Python, R, SQL or Stata), and the ability to present complex material clearly and concisely.
- General knowledge of EU legislation and regulatory frameworks relevant to financial market infrastructures.
Benefits:
- The trainee grant is €1,170 per month plus an accommodation allowance (see the additional information section).
Application deadline: 28 May 2025.
More information: Let’s Talk Europe.
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