We are looking for trainees to join the Institutional Law Division, the Financial Law Division and the Supervisory Law Division.

You will be assigned to one of the three divisions mentioned above. You will carry out research and prepare legal advice in close collaboration with experienced legal counsels.

As a trainee in the Institutional Law Division, you will:

• help prepare legal advice on questions relating to central banking law, the ECB’s privileges and immunities, EU law (in particular institutional law, administrative law, all aspects of ESCB and Eurosystem governance and EU civil service law), contracts (including non-financial contracts) and procurement law;
• handle legal issues concerning accounting, auditing, taxation, euro banknotes and intellectual property.

As a trainee in the Financial Law Division, you will:

• help prepare legal advice and legal acts relating to monetary policy and monetary policy measures, market operations, financial market infrastructures (including TARGET2 and TARGET2-Securities), the oversight of payment and settlement systems, statistics, financial services legislation (including on sustainable finance), financial stability and the economic governance framework.

As a trainee in the Supervisory Law Division, you will:

• help prepare legal advice on matters relating to the prudential supervision of credit institutions, such as capital and liquidity requirements, common procedures (granting authorisations, withdrawing licences and authorising the acquisition of qualifying holdings), fit and proper assessments, supervisory reporting, crisis management and enforcement and sanctions;
• help prepare legal advice relating to the functioning of the European banking union, with particular reference to the SSM Regulation and its supporting legal framework.

Essential: 

• a bachelor’s degree in law; 
• an awareness of, and interest in, the role and functioning of the ECB, the ESCB, the Economic and Monetary Union and European banking supervision;
• a good knowledge of the MS Office package;
• 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 bachelor’s degree in law obtained in an EU Member State;
• a sound knowledge of EU law (e.g. EU institutional and administrative law, or the legal framework of the Economic and Monetary Union), contract and procurement law, financial law, supervisory law or other fields of law directly relevant to the work of at least one of the three divisions mentioned above;
• specialisation, experience or research in fields of law relevant to the work of at least one of the three divisions;
• an intermediate (B2) or higher command of French and/or German, according to the Common European Framework of Reference for Languages.