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CAREERS

CAREERS

ESMA is looking to recruit staff from a broad range of professional backgrounds and from both the private and public sectors.

Vacancies Vacancies - ESMA

Recruitment process

For more information on ESMA recruitment process of Temporary/Contract Agents and Seconded National Experts, please consult the documents Candidate Guidelines & ESMA Recruitment Policy, and ESMA vacancies.

In the Recruitment overview tableyou will be able to check the status of each selection procedure that you applied for. In a spirit of transparency, and in line with the European Ombudsman’s guidelines, the names of Selection Committee members are available to the public. We would like to remind you that the Selection Committee’s work and deliberations are confidential. It is forbidden for candidates to make direct or indirect contact with the Selection Committee, or for anyone to do so on their behalf.

Applications

ESMA`s external vacancies are published on the e-recruitment website and candidates should send their applications for the open vacancies using the e-recruitment tool within the respective deadline (always 23:59 Paris time on the date stated in the vacancy notice). Candidates wishing to apply for more than one selection procedure must apply for each vacancy in separate application processes using the e-recruitment tool.

EPSO CAST Permanent

Contract Agents (both in assistant and officer functions) are also recruited by ESMA through the EPSO (European Personnel Selection Officer) CAST Permanent database. The call for expression of interest, EPSO/CAST/P/1-19/2017 comprising several profiles, has been open permanently for registration since 5 January 2017. Provided you are eligible, you may submit your application to one or more CAST Permanent profiles and/or function group(s). If you are already registered in the EPSO CAST Permanent there is no need to re-register. You are advised to indicate in your profile/application your continued interest in working for ESMA in Paris, France.

If you have an enquiry concerning our selection procedures, please send it to vacancies@esma.europa.eu

Traineeships

ESMA`s paid traineeship programme is an opportunity for European students and graduates to have a unique and first-hand experience of the work of ESMA. During the 6-12 months of the traineeship trainees will be able to put into practice the knowledge acquired during their studies and to get a better understanding of what working for Europe entails. Trainees assist and contribute to different projects and enhance the everyday work of ESMA by providing a fresh point of view and up-to-date academic knowledge. Work can include research, contributing to reports, compiling statistical data, performing operational tasks and participating in ad hoc studies and projects.

Traineeship vacancies are continuously open, applications are revised on a regular basis, and evaluated only when a trainee position is available in ESMA budget. Candidates are advised to follow the instructions mentioned in the traineeship call for applications (incomplete applications will not be considered as valid). Only the best candidates will be contacted for an informal phone interview.

Working at ESMA

As a body dedicated to the regulation of the EU’s securities markets, we can offer you opportunities across a number of areas including: policy development, supervision, financial and economic analysis, communications, administration, and legal services.

We recruit across all financial markets fields: investment management, market infrastructure, economics, corporate finance and reporting, etc. and look for high quality professionals with thorough knowledge in their field.

Career options

ESMA staff are subject to an annual performance appraisal based on objectives agreed between the line manager and the jobholder. The appraisal system has a dual purpose, namely: to assess the employee’s performance over the year; and to assist the employee in developing their potential, to further enhance their career prospects.

To support staff members in their careers, ESMA develops tailored individual employee training programmes, based on the self-assessment and the appraisal of staff, which will support the continuous professional development of staff and also allow them to map out a career path within the organisation. In support of this aim, ESMA provides a variety of training opportunities in core competences, technical skills and management skills, hrough individual/group trainings, specific in-house events or external activities. As ESMA grows, the possibilities for internal mobility will also increase, allowing employees to pursue a long-term career path within the Authority.

Contracts

ESMA recruits its staff on two types of contracts, Temporary Agents on the basis of Article 2(f) of Conditions of Employment of Other Servants (CEOS) and Contract Agents on the basis of the Article 3(a) of the CEOS. For temporary agents, the duration of the initial contract is five years. After 5 years the contract may be renewed for an indefinite period. For contract agents, the initial duration of the contract can be five years or shorter. It might be renewed once for a fixed period. Any further renewal shall be for an indefinite period.

Probation

All staff recruited by ESMA must serve a 9 month probationary period.

Salary and benefits

Our working and contractual conditions are based on the EU Staff Regulations and the Conditions of Employment of Other Servants of the European Communities (CEOS). These offer a competitive remuneration package which includes pension provision, health, accident and unemployment insurance. In addition, additional allowances are paid to staff depending on their family circumstances.

Basic salary and benefits

The salaries for staff depend on the category and grade of each post. The basic monthly salaries are shown in the following tables.

Temporary agents (TA)

GRADE

STEP

REQUIREMENTS

(Degree/Education + years of professional experience)

GROSS BASIC SALARY (€)[1]

AST1

1

Post-secondary education OR

Secondary Education + 3 years

2,872.47

2

Post-secondary education + 3 years   OR

Secondary Education + 6 years 

2,993.17

AST2

1

Post-secondary education + 1 year     OR

Secondary Education + 4 years 

3,250.01

2

Post-secondary education + 6 years   OR

Secondary Education + 9 years 

3,386.58

AST3

1

Post-secondary education + 3 years   OR

Secondary Education + 6 years 

3,677.17

2

Post-secondary education + 9 years   OR

Secondary Education + 12 years 

3,831.70

AST4

1

Post-secondary education + 6 years   OR

Secondary Education + 9 years 

4,160.50

2

Post-secondary education + 12 years   OR

Secondary Education + 15 years 

4,335.32

AD5

1

3-year Degree

4,707.34

2

3-year Degree + 3 years 

4,905.14

AD6

1

3-year Degree + 3 years 

5,326.04

2

3-year Degree + 6 years 

5,549.85

AD7

1

4-year Degree + 6 years   OR

3 year Degree + 7 years 

6,026.07

2

4-year Degree + 9 years  OR

3-year Degree + 10 years 

6,279.29

AD8

1

4-year Degree + 9 years   OR

3-year Degree + 10 years 

6,818.11

2

4-year Degree + 12 years  OR

3-year Degree + 13 years  

7,104.61

AD9

1

4-year Degree + 12 years  OR

3-year Degree + 13 years 

7,714.25

2

4-year Degree + 15 years  OR

3-year Degree + 16 years 

8,038.42

AD10

1

4-year Degree + 12 years  OR

3-year Degree + 13 years  

8,728.19

2

4-year Degree + 15 years  OR

3-year Degree + 16 years 

9,094.95

AD11

1

4-year Degree + 15 years  OR

3-year Degree + 16 years 

9,875.37

2

4-year Degree + 18 years  OR

3-year Degree + 19 years 

10,290.33

AD12

1

4-year Degree + 15 years  OR

3-year Degree + 16 years 

11,173.35

2

 4-year Degree + 18 years’  OR

3-year Degree + 19 years’ 

11,642.86

 

[1] Excluding the correction coefficient for France. Value date: 01/07/2017

Contract agents (CA)

FUNCTION GROUP

 

REQUIRED QUALIFICATION

 

GRADES

GROSS BASIC SALARY (€)[1]

 

Function Group I (FGI)

 

Compulsory education

Grade 1

1,999.73

Function Group II (FGII)

 

Post-secondary education

 

OR

 

Secondary education + 3 years professional experience

 

Grade 4

Level of qualification required +

up to 7 years’ professional experience

2,077.02

Grade 5

Level of qualification required +

more than 7 years’ professional experience

2,350.09

Function Group III (FGIII)

Post-secondary education

 

OR

 

Secondary education + 3 years professional experience

 

Grade 8

Level of qualification required +

up to 7 years’ professional experience

2,659.17

Grade 9

Level of qualification required +

more than 7 years’ professional experience

3,008.68

Grade 10

Level of qualification required +

more than 15 years’ professional experience

3,404.14

Function Group IV (FGIV)

University studies of at least 3 years + 1 year professional experience

 

Grade 13

Level of qualification required +

up to 7 years’ professional experience

3,404.15

Grade 14

Level of qualification required +

more than 7 years’ professional experience

3,851.61

Grade 16

Level of qualification required +

more than 20 years’ professional experience

4,357.88

 

[1] Excluding correction coefficient for France. Value date: 01/07/2017

Salaries paid by ESMA are exempt from national taxation in all EU Member States, but subject to income tax (deducted at source) for the benefit of the European Union, and are paid by the 15th day of each month.

The salary is weighted with a correction coefficient based on the cost of living in France (this coefficient is 100% for Belgium and Luxembourg, and 116,7% for France). Pay rates and correction coefficients are adjusted each year.

In addition to the basic salary, Agents may receive various allowances depending on their personal circumstances. The final salary is calculated by adding the relevant allowances and by deducting social security contributions and other taxes.

Social security deductions:

  • Pension (10%)
  • Health insurance (1,70%)
  • Accident cover (0,10%)
  • Unemployment insurance (0,81%)
  • Income tax
  • Tax levied progressively at a rate of between 8% and 45% of the taxable portion of the salary
  • Special levy (6%) calculated on the part of the remuneration exceeding the minimum remuneration. This levy is not applied to contract agents FG I, II or III.

Work-life balance

ESMA aims to create and maintain a supportive and healthy work environment that enables staff members to have balance between work and personal responsibilities. Our work-life balance initiatives include:

  • Paternity & parental leave;
  • Part time;
  • Flexible working hours;
  • Special leave under certain circumstances such as marriage, birth or adoption of child and other family events;
  • Unpaid leave; and
  • Teleworking.

Re-location to Paris

ESMA offers help for newcomers for moving to Paris. Besides the financial support listed below ESMA offers French language courses and online language training for its staff. From 2019 a new, accredited European school will be opened in Paris in English and French languages – and available for children of staff members free of charge.

As for the financial support, newcomers may be entitled (based on the individual situation and on the supporting documents provided):

  • Family allowances: household, dependent child, education allowances. Family allowances received from other sources must be declared and will be deducted from those paid by ESMA
  • Expatriation allowance/residence allowance
  • Daily subsistence allowance
  • Allowance for travel expenses when taking up the duty
  • Removal reimbursement
  • Installation allowance
  • Annual leave entitlement
  • Place of origin/place of recruitment
  • JSIS – health insurance scheme
  • Relocation service

Further information regarding the rights and conditions of employment can be found in the Staff Regulations of Officials of the European Communities