AML/CFT expert – European Banking Authority, Paris

The successful candidates will contribute to fulfilling the EBA’s mandate to lead, coordinate and monitor the EU financial sector’s anti-money laundering and countering the financing of terrorism (AML/CFT) efforts. The scope of this mandate extends to all financial institutions that are obliged entities under Directive (EU) 2015/849 and their AML/CFT supervisors.

Under the overall management of the Director of the Innovation, Conduct and Consumers Department, and reporting to the Head of the AML/CFT Unit, the successful candidate will contribute to the development of regulatory instruments and reports. They will also contribute to fostering supervisory convergence, including though reviewing national competent authorities’ approaches to
AML/CFT supervision and attending AML/CFT colleges.

Main responsibilities:
• Providing AML/CFT policy advice and expert input to inform the EBA’s work and approach;
• Contributing to the development of reports, opinions, guidelines and technical standards that relate to the EBA’s AML/CFT mandate and tasks;
• Supporting the effective implementation of EU AML/CFT requirements by national competent authorities, for example through assessments of competent authorities’ approaches to AML/CFT supervision and training;
• Facilitating cooperation between national competent authorities, for example through participation in AML/CFT colleges;
• Providing support to EBA-internal committees and subgroups and their chairpersons.

Requirements

Qualifications
To be eligible, a candidate must have a level of education, which corresponds to completed university studies of at least three years attested by a diploma.

Candidates must indicate in their applications the official duration of studies and the graduation dates for all the diplomas they have obtained.

Knowledge of languages
For working purposes, as English is the working language of the EBA9 , an excellent knowledge of the English language, both written and spoken, is required.
Native English speakers will be tested to prove their second language skills, in accordance with section 1.1 of the vacancy notice.

Selection criteria
Applications will be assessed based on the Eligibility and Essential Selection Criteria specified in sections 1 and 2 of this vacancy notice. Candidates are required to clearly indicate in their CVs how they acquired the knowledge and experience allowing them to meet the selection criteria mentioned
below, and give specific examples.

2.1 Essential selection criteria
In addition to the eligibility criteria above, the following essential selection criteria will be used. Please note that all essential criteria are mandatory, meaning that no application will be assessed further if a candidate obtains a zero score in any of them:
• At least two years of proven professional experience in the development of AML/CFT policy, or AML/CFT supervision, or ML/TF risk assessments;

Prior to the appointment, the successful candidate will be asked to provide an official document showing the absence of any criminal record.

The official languages of the European Union: Bulgarian, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek,
Hungarian, Irish, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish, and Swedish.

The knowledge is required at least at B2 level. The assessment at B2 level is done in accordance with the Common European Framework of Reference for Languages (CEFR)

Before the appointment, the successful candidate will be examined by one of the European Union medical centres in order to confirm that the candidate fulfils the requirements of Article 12(2)(d) of the Conditions of Employment of Other Servants of the European Union (CEOS).

Only qualifications awarded by EU Member State authorities or European Economic Area (EEA) authorities or qualifications recognised as equivalent by the relevant authorities will be taken into consideration.

If the main studies took place outside the European Union, the candidate’s qualification must have been recognised by a body delegated officially for the purpose by one of the European Union Members States (such as a national Ministry of Education) and a document attesting so must be submitted with the application by the closing date. 9 Decision EBA DC 003 of the Management Board on Internal Language Arrangements.

• Sound knowledge and understanding of the EU’s AML/CFT regime;
• Proven experience in drafting documents, such as reports or policy documents, in English – please give specific examples of the documents you have drafted in your application.

Advantageous criteria
Candidates who meet all of the essential selection criteria will be scored against the following advantageous criteria:
• Experience as a FATF assessor or as an assessor for other, similar, AML/CFT evaluation exercises;
• Working in an EU or other inter-governmental environment;
• Experience of working in an AML/CFT policy or supervisory capacity in a competent authority.

Supplementary criteria
In addition to the above, candidates are expected to fulfil the following competencies which may be assessed during interviews:
• Strong sense of diplomacy, responsibility, commitment and co-operation;
• Strong sense of discretion and confidentiality;
• Excellent organisational skills, and capacity to prioritise work effectively, dealing with multiple tasks and meeting tight deadlines;
• Flexibility to take over other tasks in view of a dynamic and evolving institutional environment;
• Proactive attitude;
• Ability to manage own workload and work without close supervision.

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