Call for expressions of interest for members of the ESRB’s Advisory Scientific Committee

2 May 2018

The ESRB is seeking international experts in macroprudential policy and systemic risk for its Advisory Scientific Committee (ASC).

The ASC is an integral part of the ESRB and provides advice and assistance to the Board at the request of the ESRB’s Chair. It consists of 15 experts with a wide range of skills and experience, who are appointed by the General Board, and the Chair of the ESRB’s Advisory Technical Committee.

ASC members are expected to contribute in a significant way to the fulfilment of the ESRB’s mandate by, for instance:

  • improving analytical methodologies to detect risks and assess their potential impact;
  • designing and improving effective macroprudential policy tools and models;
  • performing consultative tasks, including open, independent and analytical reviews of macro-prudential strategies and operational frameworks, and thus contribute to a state-of-the-art ESRB policy framework.

ASC members will be chosen by the ESRB’s General Board on the basis of their general competence and breadth of experience in academic fields or other sectors, in particular in small and medium-sized enterprises or in trade unions, or as providers or consumers of financial services. Employees of institutions from which the General Board draws its members are, however, not eligible to apply.

Applications will be considered on the basis of the following selection criteria:

  • in-depth expertise in the financial sector and its relationship with the wider economy, and a general proven competence on systemic risk issues, in particular at European Union level;
  • a scientific contribution to the understanding of the interplay between the sectors of banking, securities markets, or insurance and occupational pensions;
  • a PhD in finance, economics or another relevant field, or equivalent qualifications, solid academic experience in a university (e.g. professorship) in one or more fields of relevance to the ESRB, and/or a strong publication record;
  • ability to peer-review scientific work and publications, and to analyse complex information and dossiers;
  • professional experience in a multidisciplinary environment, preferably in an international context;
  • proven written and oral communication skills in English, based on teaching experience, public presentations, active participation in meetings of experts, and publications.

Selected candidates will be appointed to the ASC for a four-year renewable mandate and will be required to respect the professional secrecy obligations laid down in Article 8 of Regulation (EU) No 1092/2010 and the rules on confidentiality. Selected candidates will also be entitled to indemnities and to the reimbursement of expenses related to their participation in the activities of the ASC. Candidates who are neither appointed to the ASC nor rejected in the selection process will be placed on a reserve list, which will be valid for a period of two years.

Interested candidates are invited to submit their applications no later than 23:59 CET on 23 May 2018 to the following email address: ascapplications@esrb.europa.eu.

In line with the ECB’s commitment to gender diversity, applications from female candidates are particularly encouraged.

For media queries, please contact William Lelieveldt, tel.: +49 69 1344 7316.