Are you a recent graduate with university degree no longer than 3 years and searching for an excellent opportunity to get the first-hand experience or an opportunity to boost your career? If so, then this is an ideal opportunity for you to apply for a six months paid traineeship at the European Bank Authority in Paris, France. Each year, the European Banking Authority offers different traineeships at its headquarters in Paris for graduates.
About the European Bank Authority
The European Banking Authority (EBA) is an autonomous institution within the European Union, dedicated to promoting robust and uniform prudential regulation and oversight throughout the European banking industry. Its primary mission is to uphold financial stability across the EU and to protect the integrity, efficiency, and smooth operation of the banking sector. The EBA plays a crucial role in harmonising regulatory practices, ensuring that banks operate under a consistent framework, and mitigating risks that could threaten the financial system's stability.
About EBA Traineeships
The European Banking Authority (EBA) offers paid traineeships for 25 recent graduates, designed to provide them with a unique, hands-on experience of the EBA's operations. These traineeships aim to deepen their understanding of financial regulation and oversight, particularly the EBA's specific priorities and objectives. Selected trainees will have the chance to develop expertise in various fields, including Prudential Regulation, Legal, Data Analytics, Human Resources, Communication, Conduct and Consumers, and Risk Analysis. They will actively contribute to the Authority's daily tasks, gaining insight into the functioning of EU Agencies while enjoying the vibrant life in Paris.
The selected trainees will have the opportunity to develop expertise in the following areas:
- Trainee in the Senior(s) Executive Office and Director(s) Office
- Trainee in the Prudential Regulation and Supervisory Policy Department (PRSP)
- Trainee in the Innovation, Conduct & Consumers Department (ICC)
- Trainee in the Economic & Risk Analysis Department (ERA)
- Trainee in the Data Analysis, Reporting & Transparency Department (DART)
- Trainee in the Operations Department (OPER)
- Trainee in the Governance and External Affairs Unit (GEA)
- Trainee in the Legal and Compliance Unit (LC)
Trainees join the EBA for an initial period of six months. Based on the needs of the Authority and the trainee's performance, the traineeship may be extended for an additional twelve months.
Typical working hours of the EBA are between 8:00 to 19:00 Monday to Friday. The normal working week is 40 hours, a full working day counts 8 hours and a half-day 4 hours. Trainees are benefited from teleworking under the same conditions as statutory staff.
Eligibility| Who can apply?
To apply for EBA Traineeship, you must be:
- a recent university graduates, who have completed their studies no longer than three years prior to the deadline for applications;
- a national of a Member State of the European Union, or a national of the European Economic Area (Iceland, Liechtenstein, Norway)
- Having a very good English level (minimum B2)
Expenses and Benefits
- The EBA pays a monthly maintenance grant of 1,974.46 EUR. (as of 1 January 2024) to your bank account on the 15th of each month.
- The traineeship grant paid by the EBA is not subject to the special tax regulations applied to statutory staff of the European Union administration.
- Trainees who are coming from outside Paris, may receive a travel allowance to compensate for their travel expenses at the beginning and at the end of the traineeship period.
- Trainees are responsible for finding their own accommodation. EBA can provide with practical advice when looking for accommodation, as well as a standard certificate that can be used for looking for accommodation.
- All trainees are provided with accident insurance, but they must take out health insurance valid in France prior to start of their traineeship.
- At the end of the traineeship, EBA provides with two standard certificates outlining: the period of the traineeship and the tasks performed.
- There is a 2 days leave per month. In addition, there is the EBA holidays. Unused annual leave days will not be paid in lieu at the end of the traineeship.
Timeline
Deadline: There is no application deadline (on-going)
Start of the Traineeship: The trainees are expected to start on the 1st or 16th of a calendar month (with no exception).
How to apply?
Applications in English should be submitted to the following address:
eba-traineeship-applicatons@eba.europa.eu
A complete application must include:
• A curriculum vitae in Europass format;
• A motivation letter non longer than one page;
• A completed eligibility criteria grid;
• Copies of your diplomas (or relevant certificates) of all undergraduate and postgraduate studies declared in the CV (self-certifications are not accepted).
More Details
for more details about the traineeship, check the Vacancy Notice or visit the EBA website from HERE
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