Senior Associate, Compliance and Operational Risk Management Department (DCR)

Ref.No: 027
Division/Department: President/DCR
Position Type: General Service
Job Posted: 21-Nov-2022
Closing Date: 05-Dec-2022, 17:30 (Greece Time)
Post Location: Thessaloniki, Greece
Appointment Type: Two-year fixed term

All candidates applying for employment with the BSTDB should be fluent in written and spoken English and have strong Microsoft Office skills.

It is the BSTDB’s policy to offer equal employment opportunities to qualified candidates regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities.

Position Purpose
Under the general supervision of the Head, DCR, the Senior Associate, DCR provides support in the areas of the responsibility of the Department, in order to ensure quality, efficiency, accuracy and timeliness in delivery of the Department’s outputs.

Key Functions and Responsibilities 
Under the general supervision of the Head, DCR, the Senior Associate, DCR will provide support and assistance both with the assessment and mitigation of the operational risks of the Bank as well as with tasks related to the Compliance Risk Management function.
More specifically the Senior Associate, DCR, will provide support and assistance with:

  • Assessment and mitigation of the operational risks of the Bank;
  • Implementation and maintenance of the Bank’s operational risk monitoring and control system;
  • KYC/integrity issues relating to the Bank’s operations vis-à-vis internal and external parties;
  • Conduct/compliance/ethics issues relating to the Bank’s staff;
  • Integrity and compliance-related requests from third parties;
  • Investigations performed by the Department;
  • Drafting and review of rules pertaining to the Department’s duties;
  • Review of new or revised rules produced by other units of the Bank.


  • Professionalism: maintains a level of expertise and professional knowledge commensurate with the respective position and job description, 
  • Results Orientation: demonstrates ability for achieving results against an internal or external standard of excellence.
  • Communication and interaction with impact: Transfers efficiently and effectively information and messages, wields effective tactics for persuasion.
  • Client/stakeholder orientation – ensures appropriate service of high standard to internal and/or external customers and develops constructive and sustainable business/ customer relationships.
  • Teamwork: effectively cooperates with others aiming at the achievement of team objectives.
  • Cultural sensitivity/Diversity: supports and promotes an environment that holds opportunities for all, regardless of race, gender, culture and age.
  • Integrity: maintains standards of objectivity, independence and discretion. Behaves ethically and in consistency with institutional core values.
  • Accountability: exhibits a strong sense of responsibility for one’s work and resulting consequences.
  • Innovation and change: is open to and applies novel ideas and thinking to improve processes, methods, systems or services. Accepts and adapts to changes. 
  • Critical thinking: clarifies goals, examines assumptions, evaluates evidence, accomplishes actions, and assesses conclusions.

Required Knowledge, Skills and Experience

  • College or first University degree or equivalent.
  • At least 8 years of generally relevant working experience, of which at least 5 years should be in a financial institution.

Desirable Knowledge, Skills and Experience 

  • Master’s degree.
  • Good knowledge of more than one language of a member state of the Bank.
  • Operational Risk, KYC, AMLCFT, ethics, investigations, banking skills.
  • Any law experience and/or law-related education/qualification/program.
  • Working experience in operational risk.
  • Experience in the region of the BSTDB’s operation.
  • Experience in an international development financial institution.

For a candidate to participate in the competitive selection for this position, s/he must meet at least the following minimum requirements

  • Education: College or first University degree or equivalent.
  • Experience: At least 8 years of generally relevant working experience, of which at least 5 years should be in a financial institution. 

Application Procedure

Applicants must be nationals of the Bank’s Member States (Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine).

In order for your application for the above vacancy to be considered valid, please:

1.    Complete the BSTDB Application Form in full:

  • Provide an answer to EACH question (box). Please note that if no answer is provided to any of the questions (relevant box is left empty), the application will be disqualified.
  • If a question is not applicable to you, please insert “N/A” in the relevant box.
  • No additional documents (such as CVs) will be considered.

2.    Send the completed BSTDB Application Form as an attachment to: 
Please include in the subject line of the e-mail only the Reference Number of the vacancy you are applying for and your full name.

Example: 027 John Smith 

You will receive an automatic response that your application has been successfully received.
The closing date for applications is Monday, 5 December 2022 at 17:30 pm (Greece Time)

Only short-listed candidates will be contacted.

Πηγή :