Traineeship in Financial Markets profile

ESMA is organising a general call for expression of interests for a traineeship position, without any specific deadline for applications. The aim of the programme is to provide graduates/undergraduate students with a unique and first-hand experience of the workings of ESMA. The traineeship offers 6-12 months applied training in market analysis, statistics or data management. It provides also insights into conceptual and empirical issues of financial market functioning and integration, as well as regulation, supervision and enforcement in the European Union. For this open call, the received applications will be evaluated, every two months, by a designated Committee. As a result, a database/reserve list of candidates for a potential selection will be established. The successful candidate will be assigned to a specific domain/area/Department/project, depending on his/her background, education and set of skills. Traineeship positions are available in different Departments across ESMA, for example within: • Risk Analysis and Economics is the analytical and statistics department at ESMA. It monitors market, systemic and innovation risks in the EU’s securities markets, financial infrastructures, and investment businesses, conducts research on market functioning, investor protection, and financial stability issues. The department offers traineeships in research and analytical work in different areas, by developing and monitoring risks, data gathering and management, as well as statistical analysis and data programming. • Markets Department is responsible for the rule-making, supervisory convergence and supervisory tasks related to market infrastructures (at the trading and post-trading levels) and secondary markets conduct rules. The department offers traineeship positions for assistance in specific projects, by providing support in analysis of data, data collection for regulatory purposes and assisting in certain policy issues. • Investors & Issuers Department is in charge of the rule-making and supervisory convergence work related to asset managers, protection of investors and financial innovation, and leads ESMA's work on files like the AIFMD, UCITS and MiFID II/MIFIR. The department offers traineeships positions for assisting in different projects/ad-hoc projects (e.g. analysis of data, data collection, risk monitoring, assisting in certain policy issues) • The Supervision department is responsible for the registration and ongoing supervision of credit rating agencies and trade repositories. Supervision department offers traineeships in the area of analytical support (identification/development of key statistics, assisting in preparation of manuals, documentations, reports and reporting standards/tools), assisting in definition and methodologies of rating of funds. • The Legal, Convergence and Enforcement Department of ESMA is responsible for providing support and expertise to other Departments of ESMA, to senior management and to ESMA’s Board of Supervisors in: Legal services; Enforcement, and Supervisory Convergence. It offers traineeship positions for assistance in specific projects, by providing support in the collection and analysis of information on the national competent authorities’ supervisory frameworks, in preparing regular updates on supervisory convergence initiatives underway, and in assisting in the preparation of key meetings with other EU bodies. • The Corporate Affairs Department is responsible for a broad range of horizontal functions such as relations to the EU institutions and other stakeholders, support to ESMA’s Board of Supervisors and Management Board, the spokesman service, internal control, and strategic planning. CAD offers traineeships in the areas of (EU) stakeholder relations and strategic planning; potential areas of work include assisting with ESMA’s Securities and Markets Stakeholder Group, support to ESMA’s Senior Management and Management team, as well as other ad hoc projects.