Internal Auditor - Monetary Policy and Finance (m|f|x) Frankfurt

The ECB is the central bank for Europe's single currency, the euro. The ECB’s main task is to maintain the euro's purchasing power and thus to maintain price stability in the euro area. The euro area comprises the 20 European Union countries that have introduced the euro since 1999.

You will be part of the Audit Missions Division in the Directorate Internal Audit. Our Directorate comprises around 50 staff members and provides independent and objective assurance and consulting services, under the direct responsibility of the ECB’s Executive Board. The Division is responsible for auditing both central banking and banking supervision functions, as well as the services functions which support them. It provides ECB business areas with advice on risk and control-related issues, and contributes to the work of the Internal Auditors Committee and its sub-structures.

In your role as Internal Auditor, you will be part of a dynamic and multicultural team that strives to make a positive impact on the lives of European citizens, by providing assurance services in the domains of monetary and macroprudential policy as well as finance. The team works closely with a number of ECB business areas, including, in particular, the Directorate General Market Operations, the Directorate Risk Management and the Directorate Finance. This position offers you excellent opportunities to get an inside view of the workings of the ECB and the European System of Central Banks (ESCB) in these domains.

The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.

Tasks

• provide auditing services and advice on managing risks by preparing and performing audits, issuing independent opinions on financial risk management, monetary policy, finance-related business and control processes, and related IT systems, as well as making corresponding recommendations;
• carry out audit-related fieldwork, test controls in a risk-based manner and assess their effectiveness, evaluate risks as well as draft and present audit reports;
• perform follow-up work, assessing whether recommendations were adequately implemented;
• build trust and good working relationships, collaborating closely with ECB business areas and, where relevant, ESCB committees;
• examine issues critically and objectively from an informed, balanced and risk-based perspective before making recommendations or reaching conclusions.

Profile / Your qualification / Your personality

Essential:

• a master’s degree or equivalent in economics, monetary policy, financial risk management or finance or another relevant field (see How you can join us for details on degree equivalences);
• in addition to the above, a minimum of three years’ recent professional experience providing auditing services in the domains of financial risk management, monetary policy or finance;
• excellent analytical and presentation skills, including the ability to break down issues, identify root causes, provide new insights and recommend risk mitigation measures;
• demonstrable skills in drafting detailed documents in a clear and concise manner;
• a proven ability to communicate risks and complex issues to management effectively and increase acceptance of audit findings;
• an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.
  
  

Desired:

• a good understanding of the central banking environment;
• a good understanding of accounting principles, ideally in the context of the Eurosystem’s accounting and financial reporting processes;
• experience in related IT systems (e.g. treasury management systems, SAP) and an awareness of the risks to which these are exposed;
• relevant professional qualifications (e.g. Certified Internal Auditor, Association of Chartered Certified Accountants, Certification in Risk Management Assurance, Financial Risk Manager Certification).

You engage collaboratively with others. You pursue team goals and learn willingly from other people’s diverse perspectives. You signal any need for change by explaining it and proposing alternative solutions. You analyse complex information effectively and can evaluate different views to arrive at solutions. You know and anticipate stakeholder needs.

You are motivated to contribute to the ECB’s mission, to serve the citizens of the EU as a member of a public institution and to work with colleagues from all over Europe. You are motivated to be part of our team and to develop and use your skills and competencies to achieve the aims of this position.

That awaits you

The contract offered will be short-term ESCB/IO, the appointment being for 18 months as of the exact starting date of the selected person, extendable to up to 36 months.

Application

The recruitment process for this position will be conducted remotely. It will include a presentation, a written exercise and an interview.

If you are not selected for this position but are still considered suitable, you will be placed on a reserve list (see step 4 of How we hire ), from which you might be considered for similar positions within the ECB.

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Contact

Location

Sonnemannstrasse 20, D-60314 Frankfurt am Main