Traineeships in Legal Services at European Central Bank

You will be part of the Directorate General Legal Services. The Directorate has around 200 members of staff providing advice on the legal aspects of the regulatory, institutional and contractual framework of the ECB, the European System of Central Banks (ESCB) and the Single Supervisory Mechanism (SSM).

The European Central Bank is 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.
These positions offer you excellent opportunities to gain experience in providing legal assistance on matters relating to institutional, financial or supervisory law in an EU context and to put into practice the knowledge and skills you have acquired during your studies. Working with more experienced colleagues, you will have the chance to expand your skills and develop as a professional. You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens.