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Careers and development

Careers

The BCL promotes the professional mobility of its staff.

  • In this context, the BCL offers its employees various opportunities to move towards new positions within its structure;
  • The BCL also takes part in exchange programs within the Eurosystem. These programs allow employees of the BCL to hold temporary positions at the ECB or at another central bank and may lead employees to take over long-term functions.

Training

The training policy of the BCL is designed to enable employees to perform their functions while acquiring the adequate competencies and the required know-how. Training needs are discussed during regular appraisals.

The training activities include the following categories:

1. Integration training

During their integration period, new employees of the BCL join trainings that focus on the functioning of the European System of Central Banks (ESCB) and the BCL and on the role of the BCL within the ESCB.

2. Ongoing training

Throughout their career, BCL employees can improve their skills through ongoing training based on seminars or courses offered by central banks or other institutions, as well as in-house training organised at the BCL.

3. Specialised training

Some projects require the acquisition of technical or specific knowledge, which is provided through specialized training.

4. In-house training

The BCL has developed a system of internal courses that are primarily aimed at new staff members. These courses are also available for all other employees of the Bank as part of their ongoing training.

5. Provision of training to externals

Besides the training for the staff, the BCL also offers its know-how to third parties. So far, the BCL has mainly contributed to trainings organised by the Financial Technology Transfer Agency (Agence de Transfert de Technologie Financière - ATTF) and by the Institute for Training in Banking, Luxembourg (Institut de Formation Bancaire, Luxembourg - IFBL). The BCL also had the opportunity to cooperate with colleges and universities and has contributed actively to information cycles, for example as part of the cash changeover.