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Economic Specialist

  • US Mission to the European Union
Brussels, Belgium
Full-time
Published:
Application Deadline: July 8, 2024
  • US Mission to the European Union
Brussels, Belgium
Full-time
Published:
Application Deadline: July 8, 2024

DUTIES:

Serve as senior advisor to the US Treasury Representative to the EU, including substituting in his/her absence. Analyze and evaluate EU legislation and regulations governing financial services and other economic areas, with a view to promoting a robust transatlantic financial regulatory and broader economic relationship, while protecting against financial stability risks. Monitor and evaluate financial sector and macroeconomic developments in the EU and the euro area, with a view to identifying key trends and decisions. Provide strategic assessments and advice on financial services, financial sector, and economic developments to senior officials at U.S. Treasury and other USG agencies, as well as to the Ambassador and other USEU senior staff. Support other Treasury representatives traveling to Brussels and the region, as needed.

Incumbent maintains an extensive array of senior-level contacts.  Gathers information about EU economic policy meetings, including European Council (heads of state/government), Council (ministerial), as well as Economic and Monetary Affairs (ECON) committee meetings at the European Parliament and other events in Brussels. Monitors and reports on the activities of the Commission, the European Central Bank, the European Parliament, the EU Presidency, the EU Council, and the European Supervisory Authorities in the areas of financial services, macroeconomic, monetary, and competition policy, and other issues of interest to the U.S. Department of the Treasury.

Strong written English skills are critical.  Incumbent provides analysis to senior Treasury and Mission officials on EU economic policy-making and financial markets. Incumbent writes regular and special analytical reports. Regular reports include: (a) bi-weekly reports providing details on on-going legislative developments and decisions in the areas of EU economic and monetary policy, financial services, key economic indicators, and identifies key upcoming milestones.  Special reports — usually self-initiated, but sometimes tasked — include: real-time updates of Council meetings or Leaders’ summits, and ad-hoc analytical summaries of relevant legislative developments. Such reporting requires independent contact work and research. The incumbent also collaborates with Mission officers on analysis and reporting.

Incumbent is the main point of contact to support visiting officials from the U.S. Treasury department and leads the preparation and execution of those visits.

QUALIFICATIONS AND EVALUATIONS:

Requirements

  • Experience: Minimum 5 years of experience working at an EU institution or for an organization that deals regularly with EU economic, business or regulatory policy issues;

  • Job knowledge: A thorough and complete understanding of the structure, organization and complexities of the European Commission, European Parliament, and other EU institutions, with particular emphasis on the single market and the development and implementation of EU regulations. Thorough knowledge of modern economic and political economy principles and theory. Thorough knowledge of the European economy, economic and regulatory structure and institutions. Thorough knowledge of identified policy areas, and familiarity with other high profile issues on transatlantic economic agenda. Thorough grasp of EU relations with the United States. Familiarity with functioning of the U.S. government and the role of Congress;

  • Education Requirements: Master’s degree in political economy, economics, public affairs, law, journalism, business, or related.


Evaluations

  • Language: Fluency in English and good working language in French or Dutch. This may be tested;

  • Skills and abilities: Ability to independently plan, organize and execute projects;

  • Equal employment opportunity (EEO):  The U.S. Mission provides equal opportunity and fair and equitable treatment in employment to all people without regard to race, color, religion, sex, national origin, age, disability, political affiliation, marital status, or sexual orientation.


Qualifications

  • All applicants under consideration will be required to pass medical and security certifications. All candidates must be able to obtain and hold a Sensitive But Unclassified (SBU) certification.


BENEFITS AND OTHER INFORMATION:

Agency Benefits

Locally Employed Staff, including Members of Household (MOHs), and Third-Country Nationals (TCNs), working at the U.S. Mission in Brussels may receive a compensation package that may include extra-legal benefits: life insurance, hospitalization insurance (family included), meal tickets, transportation reimbursements, seniority leave, special holidays, training, Employee Assistance Program, etc.

For EFMs, benefits should be discussed with the Human Resources Office.

The pay plan is assigned at the time of the conditional offer letter by the HR Office.

Other Information

Hiring preference selection process:  Applicants in the following hiring preference categories are extended a hiring preference in the order listed below.  Therefore, it is essential that these applicants accurately describe their status on the application. Failure to do so may result in a determination that the applicant is not eligible for a hiring preference.

Hiring preference order

  • AEFM / USEFM who is a preference-eligible U.S. Veteran*;

  • AEFM / USEFM;

  • FS on LWOP and CS with reemployment rights **.


Important

* Applicants who claim status as a preference-eligible U.S. Veteran must submit a copy of their most recent DD-214 (“Certificate of Release or Discharge from Active Duty”), equivalent documentation, or certification.  A “certification” is any written document from the armed forces that certifies the service member is expected to be discharged or released from active duty service in the armed forces under honorable conditions within 120 days after the certification is submitted by the applicant. The certification letter should be on letterhead of the appropriate military branch of the service and contain (1) the military service dates including the expected discharge or release date; and (2) the character of service.  Acceptable documentation must be submitted in order for the preference to be given.

** This level of preference applies to all Foreign Service employees on LWOP and CS with re-employment rights back to their agency or bureau.

For more information (i.e., what is an EFM, USEFM, AEFM, MOH, etc.?) and for additional employment considerations, please visit the following link.

HOW TO APPLY:

All applicants must create an ERA profile and submit their complete application through ERA for each vacancy of their interest.

A complete application means that your ERA profile outlines how you meet the minimum qualifications as listed in the vacancy announcement (education, experience and language proficiency), and contains the required attachments.

For more information on how to apply visit the Mission internet site.

Required Documents

Note: Resume and cover letter are not required documents and will not be considered in the recruitment process. Instead, please complete your Electronic Recruitment Application profile thoroughly to capture all information you would like for the recruiters to consider.

To qualify based on education, you MUST submit the requested degree and / or transcripts as verification of educational requirement by the closing date of this announcement. Failure to provide requested information, or the information is insufficient to verify eligibility, may result in disqualification for this position.

All Applicants

  • Residency and/or Work Permit;

  • Copy of Master's diploma (preferably a copy recognized by Belgian/U.S. authorities*);

  • Language Scores (if available).


Eligible Family Member Applicants

  • Copy of Sponsor's Orders/Assignment Notification (or equivalent);

  • Passport copy;

  • DD-214 - Member Copy 4, Letter from Veterans’ Affairs, or other supporting documentation (if applicable);

  • SF-50 (if applicable).


Clarification

If you have a diploma of one of the following countries, your diploma is automatically recognized:

  • USA;

  • Belgium;

  • Netherlands;

  • Luxembourg;

  • International diplomas awarded by the European University Institute Firenze.


In case you have a foreign diploma from a country not listed above, preferably submit the professionally recognized version by cfwb/naric as outlined on our website. The recognition type that applies for this vacancy is: specific recognition. The process may take about 120 days.

Next Steps

Applicants who are invited to take a language or skills test, or who are selected for an interview will be contacted via email.

Applicants, who may need reasonable accommodation during the interview process may contact the Human Resources Office to coordinate the reasonable accommodation at the moment when they receive the invitation to a test/interview.

For further information - the complete position description listing all of the duties, responsibilities, required qualifications, etc. may be obtained by contacting the Human Resources Office.
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