Cover image - Lavorare all'estero
Stage Post laurea

Traineeship notice - Financial Markets Profile | European Securities and Markets and Authority

Paris • Finanza

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, where candidates with a “Financial markets” profile could be placed, 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 Risk Analysis and Economics department is responsible for ESMA’s data management and providing statistical services to the organisation. RAE 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 Markets Department is composed of several teams where trainee positions are offered. The specifics of the traineeship depend on the needs of the department and the profile of the applicant, resulting in a variety of tasks that range from support in the analysis of data to contributing to drafting proposals on policy issues, as well as supporting the work of various committees.

- 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. INI 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 etc.)

- The Supervision department is responsible for the registration and ongoing supervision of credit rating agencies and trade repositories. The department consists of two areas: the Monitoring and Strategy team is responsible for the day-to-day supervision and related risk analysis of all registered entities, and the Investigations Unit is responsible for the assessment of registration applications and conducting targeted investigations. 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 (BoS) in the following three main areas: Legal services; Enforcement, and Supervisory Convergence. LCE 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 (CAD) 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.


Candidates must satisfy all eligibility criteria and provide relevant supporting documents at the
time of submission of their application:

-  be a national of a Member State of the European Union or the European Economic Area
(EEA): Iceland, Liechtenstein or Norway;
- have a good knowledge of English;
- be covered in the event of illness or accident by a national social security scheme or a private insurance policy
, and
- for “graduate traineeships”: have completed the first cycle of a higher education course and obtained a university degree or its equivalent (bachelor degree)
for “undergraduate traineeships”: have an official declaration from the relevant university.

Advantageous requirements
The below mentioned requirements are not obligatory, and substitute an additional asset:
- university degree in the field of economics, finance, mathematics or comparable
- good drafting skills in English (preparation of presentations, speeches, articles, revising of
- knowledge (acquired by experience or education) of financial markets;
- knowledge of the standard Microsoft applications (Excel, Access, PowerPoint);
- ability to extract and analyse sets of data using Excel, Access, EViews, Stata, or similar
data analysis applications;
- familiarity with statistical or mathematical software, or
- programming skills