Financial Stability Expert (ESCB/IO) – European Systemic Risk Board Secretariat

**General Information** **Type of contract** Short-term contract, which may be extended to up to 36 months subject to individual performance and organisational needs **Contract end date** 14.03.2029 **Who can apply?** EU nationals working for national central banks of the ESCB, international governmental organisations or other employers performing central banking or banking supervision tasks within the framework of the Eurosystem **Salary** F/G (bracket 1 - step 1) full time monthly net salary: €7,465 plus benefits, for further information see what we offer. **Role specialisation** FinancialStability&MacroprudentialPolicy **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 04.12.2026 **Your team** You will be part of the Secretariat of the European Systemic Risk Board (ESRB), the ECB business area that provides analytical, statistical, logistical and administrative support to the ESRB. The ESRB is responsible for the macroprudential oversight of the EU financial system and for preventing and mitigating systemic risk. The ESRB therefore has a broad remit, covering i.e. banks, insurers, asset managers, financial market infrastructures and other financial institutions and markets. In pursuit of its macroprudential mandate, the ESRB assesses systemic risks and, where appropriate, issues warnings and recommendations. Representatives from about 80 different European institutions, including central banks and supervisory authorities, contribute to the ESRB’s work. In your role as Financial Stability Expert, you will be part of a team of eight colleagues responsible for assessing structural risks to the EU financial system, proposing macroprudential policies and analysing regulatory proposals. When necessary, your team will also prepare warnings and recommendations and monitor their implementation. In this role, you will cooperate with supervisory and other macroprudential authorities, support ESRB working groups and prepare analysis for the ESRB’s General Board meetings. 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. **Your role** As a Financial Stability Expert, you will: * identify financial stability risks in the EU by analysing developments in the financial sector (particularly in banking), draft policy notes highlighting these risks and propose measures to tackle them; * contribute to the ESRB’s oversight of the securitisation market; * further develop the ESRB Secretariat’s analytical toolkit; * contribute to the preparation of ESRB warnings and recommendations aimed at preventing and/or mitigating systemic risk, and monitor their implementation; * provide analytical and secretariat support to ESRB committees and other substructures and represent the ESRB Sec