Supervision Officer

ESMA is organising a selection procedure for the post of Supervision Officer to staff several vacant posts and to constitute a reserve list of suitable candidates.
With the recently agreed additional responsibilities for ESMA, there is a particular need to strengthen our capabilities to support our direct supervision activities, our efforts in
supervisory convergence, as well as to continue to improve our regulatory and cross-cutting functions.
This profile is for you if you:
• are a problem solver and have critical, analytical thinking skills;
• have excellent written and oral communication skills;
• are a good team player;
• like to coordinate and work on several workstreams in parallel;
• thrive in a culturally diverse work environment;
• are interested in supervision at EU level, and the international context.
Main areas of activities:
ESMA applies a risk-based approach to supervision, which means that – following a thorough registration process – ESMA actively prioritises a number of high priority supervisory issues. Through a variety of supervisory tools, including an increasing on-site presence and detailed desk-based analysis, ESMA aims to have a good understanding of the entities that it supervises and of their risks. ESMA enforces breaches in a proportionate and effective manner and evaluates continuously its supervisory activities to further improve the effectiveness of its supervision.
Supervisors at ESMA may participate in the following activities:
• assessing applications for registration / authorisation from firms that wish to provide financial services in the EU within ESMA’s direct supervision remit;
• development and application of supervisory risk-analysis in light of ESMA’s risk-based supervisory approach;
• development of supervisory work program;
• carrying out on-going supervision of registered entities, including engagement with those entities and other stakeholders;
• engagement with other competent authorities, both EU and non-EU, including to promote supervisory coordination and cooperation;
• conducting thematic and individual investigations into registered entities;
• enforcing the perimeter of application of the relevant rules; and
• identifying, drafting and referring potential sanctioning cases to ESMA’s independent investigating officer.
ESMA acts as direct supervisor in the following areas:
• Credit Rating Agencies (CRAs);
• Trade Repositories (TRs);
• Securities Financing Transaction Repositories (SFTRs);
• Securitisation Repositories (SRs);
• Data Service Reporting Providers (DRSPs);
• Benchmark administrators – administrators of critical benchmarks in the EU and third country benchmark administrators recognised in the EU; and
• Central Counterparties (CCPs) – for third country CCPs ESMA acts as direct supervisor, for EU CCPs ESMA participates in supervisory colleges.
ESMA is looking for experts who can support the above ESMA’s supervisory mandates and activities in areas including but not limited to governance, internal controls, operational risk, models and methodologies, information technology, information security and supervisory analytics.
ESMA is also looking for legal experts who would support the preparation of supervisory reports in the context of its preparatory enforcement procedures.