# CA2004234EN.01001201.xml

| 21.9.2004 | EN | Official Journal of the European Union | CA 234/12 |
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21.9.2004

EN

Official Journal of the European Union

CA 234/12

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DG ECONOMIC AND FINANCIAL AFFAIRS

DG ECONOMIC AND FINANCIAL AFFAIRS

Publication of a vacancy for a Principal Advisor

(grade A*14)

(Article 29(2) of the Staff Regulations)

COM/174/04

(2004/C 234 A/04)

In the context of the enlargement of the European Union, the European Commission is recruiting a number of senior management officials from the 10 new Member States (Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia).

DG ECFIN is seeking to recruit a Principal Advisor to assist in the management of its financial activities in Luxembourg (Directorate L).

Tasks of the Directorate

Through its Directorate L in Luxembourg, DG ECFIN is responsible for the management of substantial off-budget and budgetary resources. It is entrusted with some EUR 2 billion in financial assets by other EU bodies, which are invested by the Directorate in the securities and money markets. It is also responsible for contracting new loans and borrowings for the EU and Euratom and for the back-office management of outstanding lending and borrowing operations carried out under the Treaties. The Directorate manages a guarantee fund financing potential loan defaults on external lending operations. It also provides advice on the financing of real estate transactions for the Community institutions and on the evolution of the venture capital markets. It is responsible for the management of substantial budgetary programmes supporting the financing of small and medium sized companies, largely in partnership with the European Investment Bank (EIB) Group and other international financial institutions. Finally, it also manages the institutional relationship between the Commission and the EIB Group.

Specific tasks of the Principal Advisor

The roles of the Principal Advisor will be to assist the Director in coordinating the work of the different groups involved in the work of the Directorate (some 80 staff); to provide specific advice on the Directorate's financial market operations (treasury, borrowing and lending); to supervise risk assessment, risk management and management reporting of off-budget transactions; and to ensure that the work of the Directorate in financial market operations continues to mirror best practice. The Principal Advisor will also be called upon to assist in coordinating and supervising risk management and reporting of budgetary programmes managed by the Directorate. In all these tasks the Principal Advisor will work under the authority of the Director.

Particular qualifications required

Candidates for this post should have the following specific qualifications:

| — | a university degree in economics, finance, accounting or management, or equivalent post-graduate qualifications in one or more of these fields, |
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a university degree in economics, finance, accounting or management, or equivalent post-graduate qualifications in one or more of these fields,

| — | thorough knowledge of the financial sector and of financial market instruments. Particular knowledge/experience of the bond markets, securitisation techniques and risk capital would be an advantage, |
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thorough knowledge of the financial sector and of financial market instruments. Particular knowledge/experience of the bond markets, securitisation techniques and risk capital would be an advantage,

| — | experience in risk assessment and risk management of financial market operations, including corresponding management reporting techniques, |
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experience in risk assessment and risk management of financial market operations, including corresponding management reporting techniques,

| — | familiarity with accounting in the financial sector, including IAS, |
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familiarity with accounting in the financial sector, including IAS,

| — | understanding of the budgetary control process applying to the EU budget, including the role and responsibility of the European Court of Auditors would be an advantage. |
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understanding of the budgetary control process applying to the EU budget, including the role and responsibility of the European Court of Auditors would be an advantage.

Candidates can be expected to have occupied senior positions in the financial, advisory or similar fields. They should be skilled communicators, able to work in English, and have the necessary leadership skills as well as adaptability to work successfully with multi-national and pluri-disciplinary teams in a challenging and changing environment.

Applicants must:

| 1. | be a citizen of one of the 10 new Member States of the European Union (Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia); |
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1.

be a citizen of one of the 10 new Member States of the European Union (Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia);

| 2. | hold a university degree that gives access to undertake doctoral studies; |
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2.

hold a university degree that gives access to undertake doctoral studies;

| 3. | have at least 12 years' postgraduate professional experience at a level to which the qualifications referred to above give admission. At least six years of that professional experience must have been gained in a management or advisory function at high level; |
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3.

have at least 12 years' postgraduate professional experience at a level to which the qualifications referred to above give admission. At least six years of that professional experience must have been gained in a management or advisory function at high level;

| 4. | have a thorough knowledge of one of the official languages of the European Union and an adequate knowledge of another of these official languages. Candidates should note that the selection procedures will be carried out in English, French and German only. |
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4.

have a thorough knowledge of one of the official languages of the European Union and an adequate knowledge of another of these official languages. Candidates should note that the selection procedures will be carried out in English, French and German only.

Independence and declaration of interests

Candidates are required to confirm their willingness to make a declaration of their commitment to act independently in the public interest and a declaration of any interests which might be considered prejudicial to their independence.

Appointment and conditions of employment

The Principal Advisor will be selected and appointed by the Commission according to its selection and recruitment procedures. A shortlist of candidates will be called for an interview by the Commission's Consultative Committee on Appointments and an assessment centre run by external recruitment consultants.

Salaries and conditions of employment are those laid down in the Staff Regulations for A*14 grade officials of the European Communities.

Applicants should note the requirement under the Staff Regulations for all new staff to complete successfully a nine-month probationary period.

Equal opportunities

The European Union applies an equal opportunities policy.

Application procedure

This post is being published in parallel with a number of other senior management posts. Candidates who wish to apply for more than one post must submit a separate application for each post.

Candidates who wish to apply for more than one post must submit a separate application for each post.

Before submitting your application, you should carefully check whether you meet all the eligibility criteria, particularly concerning the types of diploma and professional experience required.

Before submitting your application, you should carefully check whether you meet all the eligibility criteria, particularly concerning the types of diploma and professional experience required.

If you want to apply, you must register via the Internet by going to the website http://europa.eu.int/comm/dgs/personnel_administration/working_en.htm and following the instructions there concerning the various stages of the procedure.

register via the Internet

It is your responsibility to complete your online registration in time  (1). We strongly advise you not to wait until the last few days before applying, since heavy Internet traffic or a fault with your Internet connection could lead to the online registration being terminated before you complete it, thereby obliging you to repeat the whole process. Once the deadline for the submission of registrations has passed, you will not be able to do so.

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On completion of your online registration, you will receive on screen a registration number that you must note — this will be your reference number in all matters concerning your application. When you receive this number, the registration process is finished — it is confirmation that we have registered the data you entered.

If you do not receive a number, your application has not been registered!

Please note that you must have an e-mail address. This will be used to identify your registration.

You will be required to attach a curriculum vitae in word or pdf format to your application and to enter, online, a letter of motivation (maximum 8 000 characters). Both the cv and letter must be written in either English, French or German.

cv

If you have a disability that prevents you from registering online, you may submit your application (cv and letter of motivation) on paper by registered mail
   (2)
  , postmarked no later than the closing date for registration. All subsequent communication between the Commission and you will be by post. In this case, you must enclose with your application a certificate attesting your disability, issued by a recognised body. You should also set out on a separate sheet of paper any special arrangements you think are needed to make it easier for you to take part in the selection.

If you have a disability that prevents you from registering online, you may submit your application (cv and letter of motivation) on paper by registered mail

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, postmarked no later than the closing date for registration. All subsequent communication between the Commission and you will be by post. In this case, you must enclose with your application a certificate attesting your disability, issued by a recognised body. You should also set out on a separate sheet of paper any special arrangements you think are needed to make it easier for you to take part in the selection.

Closing date

The closing date for registration is 22 October 2004. Online registration will not be possible after 12.00 noon Brussels time.

22 October 2004

12.00 noon

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(1)  No later than 12.00 noon, Brussels time, on 22 October 2004.

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(2)  European Commission, Directorate-General ‘Personnel and Administration’, ‘Organisation Chart and Management Staff’ Unit, COM/174/04, MO34 5/105, B-1049 Brussels.

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