Economic Governance and EMU Scrutiny Unit

The Directorate General for Internal Policies of the Union (DG IPOL) is responsible for organising the work of Parliament's committees dealing with internal policies and for assisting Members in the exercise of the legislative, budgetary and oversight powers conferred upon the European Parliament.

The Economic Governance and EMU Scrutiny Unit (EGOV) provides expertise to members of Parliament as regards euro area monetary policy, EU economic governance, including the Recovery and Resilience Facility (RRF), and the Banking Union (banking supervision, resolution and financial stability).

EGOV works mostly for the EP Committee devoted to economic and monetary affairs (ECON Committee). As part of its remit, the ECON Committee holds the relevant actors to account, discusses relevant policy issues and challenges these actors. This includes representatives of the Commission and of the EU Member States, the European Central Bank (ECB), the Single Resolution Board and the European Systemic Risk Board. To that end, EGOV produces briefings internally and commissions studies by external experts.

In the area of monetary policy, the Unit provides expertise that feeds into parliamentary scrutiny of the ECB’s conduct of monetary policy, in particular focused of the quarterly Monetary Dialogue with the ECB President. In the area of economic governance, we cover topics such as the Country-Specific Recommendations (CSRs); the Macroeconomic Imbalance Procedure (MIP), including In-Depth Reviews (IDRs); the Stability and Growth Pact (SGP); the Surveillance of the euro area Member States’ Draft Budget Plans (DBPs), the Recovery and Resilience Facility and financial assistance to Member States, including available financing instruments, macroeconomic adjustment programmes and post-programme surveillance. In the Banking Union arena, we focus on the functioning and implementation of the Banking Union, including banking developments, and the functioning of banking supervision and resolution. We also cover related areas such as anti-money laundering, provision of financial services, competition policy, etc. In addition, we are following international economic developments, including international financial assistance to Ukraine.

Most of our papers are available on the ECON homepage and the EP Think Tank homepage.

We strive to integrate our trainees into our day-to-day work, namely in producing our briefings, depending on their knowledge of the issues that we deal with, and their specific interests. We work as a team, and our papers are jointly drafted.

As EGOV members have different backgrounds, you can benefit from, participate in, and add to discussions on monetary policy, economic governance and Banking Union at large.

Your main tasks will be to search for relevant background information in our remit, to analyse documents of both qualitative and quantitative nature, and to contribute to our drafting procedures (writing, recording, reviewing, formatting, etc).

You are a young and open-minded graduate, willing to learn and to work in a multicultural environment.

Your educational background allows you to understand the mechanics of European economic integration, monetary policy, economic governance, financial markets and of banking supervision and resolution.

Preferably, you have a postgraduate education covering any of these areas and some working experience.

Having previously worked in research and research-related areas is a plus.

You have a very good command of English, both written and oral, and you are a good communicator.