Legal Counsel (Resolution Unit) | National Bank of Belgium

For the National Bank of Belgium, I am looking for a Legal Counsel to strengthen the Legal & Resolution Execution group within the Resolution Unit. Fluent in Dutch or French, with at least passive knowledge of the other language and excellent command of English.

The National Bank of Belgium (NBB) is Belgium's central bank since 1850. It contributes to a stable and sustainable economic and financial environment by ensuring the stability of the prices and the financial system, by guaranteeing the security of banknotes and the efficiency of payment systems, and by providing data and analysis.

The NBB's Resolution Unit focuses on limiting the damage to financial stability when financial institutions are in difficulty and coordinates all the missions of the NBB as resolution authority. It defines the resolution plans of Belgian banks, the resulting prudential requirements, and prepares the legal and operational framework for their execution. It also negotiates, at a European and national level, the development of the applicable legal framework and contributes to defining the strategic options regarding resolution policy.

Within the Resolution Unit, you will be part of a small, dynamic and multidisciplinary team that works closely with the other prudential departments of the NBB, as well as with various European authorities, including the Single Resolution Board (SRB), the European Banking Authority (EBA), and the various national resolution authorities of the European Union.

You will contribute to the development of the operational resolution framework, notably through active participation in European expert working groups and by monitoring ongoing work. By developing legal analyses, you will also contribute to the development of resolution plans and to the preparation and implementation of different types of decisions (e.g. MREL decisions). In addition, you will follow legal developments and contribute to resolution policy development in order to defend Belgium's strategic interests. More concretely, you will:

• Contribute to the elaboration of handbooks (practical implementation of resolution instruments)
• Contribute to ensuring that European banking groups are in position to implement the resolution instruments (by studying and challenging analyses, negotiating with banks...)
• Participate in the negotiation of European legislation
• Provide legal advice, etc.

• You hold a Master’s degree in law
• You have relevant professional experience in one or more of the following areas: M&A, capital markets, banking and finance, insolvency, corporate law
• You are stress resistant
• You have excellent analytical and synthesis skills
• You are persuasive and able to formulate opinions quickly and creatively
• You are assertive and have a sense of diplomacy
• You are able to work independently but also in a team
• You pay particular attention to the rules of ethics and professional secrecy
• You are fluent in Dutch or French and have at least a passive knowledge of the other national language. You also have an excellent command of English, making you efficient in an international context

• A challenging position serving the public interest
• A pleasant and collegial working atmosphere in an institution that invests in its employees and values their well-being
• Many training and career development opportunities
• A well-designed workplace with relaxation areas and optimal ergonomics
• Offices easily accessible by public transport, with private parking and secure bicycle storage
• A good work-life balance with up to 50% remote working possibilities
• An attractive salary package with many fringe benefits