European Internal Audit Trainee Programme
- Type of contract: Traineeship
- Who can apply?: EU nationals eligible for our traineeship programme
- Grant: The trainee grant is €1,170 per month plus an accommodation allowance (see further information section)
- Working time: Full time
- Place of work: Frankfurt am Main, Germany
- Closing date: 04.11.2024
Your team
You will participate in a unique one-year programme offering insight into how internal audit provides assurance for the business and/or IT functions, processes and systems of the ECB, the European System of Central Banks (ESCB) and European banking supervision.Your time on the programme is divided between (i) the ECB and (ii) either an EU national central bank (NCB) or a national competent authority (NCA).
You will work under the guidance of experienced auditors to make a positive impact on the control environment, and improve the efficiency and effectiveness of business and/or IT processes and systems. Moreover, you will follow a dedicated training programme focusing on the technical audit skills and soft skills required to become a successful auditor.
The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.
Your role
As a trainee auditor, you will:
- analyse and document business and/or IT processes and systems (e.g., flowcharts, written control assessments and narrative descriptions) in the fields of central banking and banking supervision;
- evaluate the effectiveness, efficiency and risk exposure of these processes and systems and propose improvements;
- apply various analytical techniques in response to specific testing goals;
- prepare technical documents, working papers and reports for the individual stages of an audit mission;
- contribute to audit governance and management work in terms of planning, methodology, quality assurance and continuous improvement;
- support and work with a wide range of professionals at all hierarchical levels of your hosting organisations.
The position offers you excellent opportunities to:
- learn more about central banking and banking supervision in the EU, and the underlying governance structures and cooperation mechanisms;
- use your communication skills in a professional environment;
- gain extensive insight into internal audit function;
- gain practical experience by working with highly skilled professionals in internal auditing;
- participate in a structured training programme focusing on the role of an internal auditor in multicultural organisation(s).
You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens.
Qualifications, experience and skills
Essential:
- a bachelor’s degree or higher in internal audit, information technology, computer science, data science, statistics, finance, accounting, business administration, economics or another relevant field;
- knowledge of the functioning of the Eurosystem, the ESCB and European banking supervision;
- a good knowledge of the MS Office package, in particular Word, Excel and PowerPoint;
- an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.
Desired:
- a master’s degree in internal audit, information technology, computer science, data science, statistics, finance, accounting, business administration, economics or another relevant field;
- knowledge of the International Professional Practices Framework (the most recent update) established by the Institute of Internal Auditors;
- an intermediate (B1) command of Lithuanian, Croatian, French, German, Spanish, Italian or Portuguese according to the Common European Framework of Reference for Languages;
- practical experience in one or more of the following fields: internal audit, finance, quantitative analysis, accounting, controlling, risk management, cyber security, cloud computing, digital forensics, IT general and application controls, business process automation, use of artificial intelligence tools.
You are curious and eager to learn, and want to further develop your ability to analyse complex information. You are keen to collaborate with others, pursue team goals and learn from other people’s diverse perspectives. You strive to know and anticipate stakeholder needs, and will signal any need for change and propose alternative solutions.
You are motivated to contribute to the ECB’s mission, to serve the citizens of the EU as a member of a public institution and to work with colleagues from all over Europe. You are keen to be part of our team and to use your skills and competencies to achieve the aims of this position.
Working modalities
During the traineeship, you will spend approximately six months at the ECB and another six months at an NCB or NCA. This may involve additional business travel. For the period at the ECB, you will, if you are eligible, receive a monthly accommodation allowance or be given free accommodation at one of the ECB residences in Frankfurt am Main.For the other period spent at a national institution, you will receive a monthly accommodation allowance.
Further information
Traineeship of 12 months in total, starting on 1 March 2025.
Other details on the conditions applicable to traineeships at the ECB can be found on our website.
For additional information on this specific vacancy, you can speak to Dominika Gawlik on +49 (0) 69 172 656 7729 between 9:00 and 10:00 CET on 18 October 2024 or between 11:00 and 12:00 CET on 24 October 2024.
Application and selection process
The recruitment process for this position will include a pre-recorded video interview in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – an online interview.
Further information on how to apply is available on our website.
If you are not selected for this position but are still considered suitable, you will be placed on a reserve list for 12 months from the closing date for applications, from which you might be considered for other traineeship positions within the ECB.