European Stability Mechanism (ESM)

ESM HQ Luxembourg

Deadline for application: 13 November 2022

We are looking for a procurement trainee for our Commercial Legal and Procurement (CLP) team, which is part of the Legal and Procurement division to support the preparation and management of procurement procedures. The selected person will report to the CLP team lead.

The European Stability Mechanism (ESM) procures supplies and services in support of its operational objectives. As an international organisation that carries out procurement on its own behalf and for its own account, the ESM conducts procurement in accordance with the ESM Procurement Policy and is committed to respecting the general principles of transparency, proportionality, equal treatment, and non-discrimination. Further information is available here.

The ESM is the permanent crisis resolution mechanism for the countries of the euro area. During the euro crisis, it launched six financial assistance programmes for five countries, providing financial support, monitoring repayment capacity, and engaging with partner institutions on programme design in areas of financial interest. As a policy institution, the ESM is also one of the big issuers of euro-denominated debt with a large global investor base. European leaders have agreed to an expanded mandate for the ESM. Once the amended ESM Treaty is fully ratified, the ESM will act as the backstop to the Single Resolution Fund and have a stronger role in financial stability risk analysis and the design of policy measures in programmes jointly with the European Commission. In the context of the recent Covid-19 crisis, the ESM has established a precautionary credit line as one important element in the joint European response to the pandemic.

The ESM is a unique place to work with around 210 individuals committed to making a difference to the future of the euro area. It recruits talented professionals from every nationality from both the private and public sector.

KEY ACCOUNTABILITIES

  • Support the preparation and management of procurement procedures for the acquisition of goods and services in accordance with the ESM Procurement Policy, in particular mini competitions under the ESM’s consultancy panel (including the establishment and extension of implementing contracts).
  • Support colleagues throughout the procurement and contracting cycle.
  • Interact with internal and external stakeholders.

KEY BACKGROUND & EXPERIENCE

  • Hold or be in the process of obtaining a relevant university degree
  • Successful completion of all relevant courses according to the university curriculum and entitlement for a traineeship according to this curriculum
  • Fluency in English, both oral and written
  • Work experience in the field of procurement, including previous traineeships, would be an asset

KEY COMPETENCIES

  • Service-oriented and proactive
  • Analytical and problem-solving skills
  • Flexible attitude and ability to manage a variety of tasks
  • Good communication skills
  • Organisational skills and ability to meet deadlines
  • Efficient team player with a positive attitude

APPLICATION PROCESS AND PRACTICAL INFORMATION

  • Deadline for application: 13 November 2022
  • Expected start date: as soon as possible
  • Duration: six months, with possibility of extension

The ESM aims to provide equal opportunity to all candidates irrespective of their gender, nationality, age, race, culture, education, religious beliefs, sexual orientation, or disability. To further enhance the diversity of our workforce, we particularly encourage women to apply.

Tags: covid, financial assistance, financial stability, procurement, public sector, risk analysis, transparency