The European Central Bank (ECB) is seeking Economists for its Directorate Risk Management (D/RM). D/RM is responsible for developing and maintaining the risk management framework for all of the ECB’s financial market operations, and for monitoring, assessing and proposing improvements to the Eurosystem’s operational framework for monetary and foreign exchange policy implementation from a risk management perspective.
D/RM comprises a multicultural team of highly skilled professionals working in two divisions: the Risk Strategy Division and the Risk Analysis Division. The successful candidates will join the Risk Strategy Division, which is mainly responsible for evaluating and improving the ECB’s risk management policies and frameworks. D/RM as a whole also provides secretariat services to the Risk Management Committee.
The successful applicants will be entrusted with some, or all, of the following main tasks:
- developing, evaluating and implementing risk management dossiers and projects, in particular in the area of structured finance;
- developing and evaluating valuation frameworks for structured finance transactions;
- conducting due diligence and credit assessments of structured finance transactions, including the review of transaction documentation and the implementation of appropriate default and cash-flow modelling on the basis of loan-level data;
- developing, specifying and implementing risk management IT solutions, including risk management databases aimed at improving the infrastructure that supports the work of the Risk Strategy Division;
- preparing and drafting proposals on topics related to the risk management of investment and monetary policy operations for submission to the ECB’s Executive Board and Governing Council, as well as to the Risk Management Committee.
The successful applicants will be entrusted with some, or all, of the following main tasks:
- developing, evaluating and implementing risk management dossiers and projects, in particular in the area of structured finance;
- developing and evaluating valuation frameworks for structured finance transactions;
- conducting due diligence and credit assessments of structured finance transactions, including the review of transaction documentation and the implementation of appropriate default and cash-flow modelling on the basis of loan-level data;
- developing, specifying and implementing risk management IT solutions, including risk management databases aimed at improving the infrastructure that supports the work of the Risk Strategy Division;
- preparing and drafting proposals on topics related to the risk management of investment and monetary policy operations for submission to the ECB’s Executive Board and Governing Council, as well as to the Risk Management Committee.
Application deadline: Friday, 17 October 2014
Loading tweets...