THE AUTHORITY AS A WORKPLACE

The Financial Stability Authority is an independent agency and its employees are civil servants. In addition to the Director General, the Agency employs 14 experts in various tasks. Of the total staff, 57 % are women and 43 % men.

As a workplace, the Financial Stability Authority offers challenging expert tasks of social significance and activities in the core of the second pillar of the Banking Union – the Single Resolution Mechanism – which became operational in 2015.

In the Authority’s tasks, a great emphasis is placed on international activities and contributing to a European cooperation network. This is reflected in the Authority’s close cooperation with the Single Resolution Board (SRB), its plenary session and committees, as well as internal resolution teams set up by the SRB to prepare matters concerning individual institutions. The international nature of the work is also reflected in resolution colleges established for Nordic cross-border banking groups. The Authority’s activities in deposit guarantee scheme-related matters also involve cross-border cooperation with schemes of other countries and participation in collaborative projects in international organisations and institutions.

Domestically, the Authority works in close cooperation with the Financial Supervisory Authority, the Bank of Finland and the Ministry of Finance.

The Authority has new facilities in the Helsinki city centre and modern working equipment. In its internal activities, the Authority emphasises openness, working and learning together as well as mutual trust and respect. In its external activities, the Authority emphasises expertise, responsibility and cooperation.