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Advance (ADV)


Publicar Publicado em: 22-10-2019

O ADVANCE recruta doutorado/a no âmbito do Projecto SMELeaderBanks

Job: Doctorate hiring in Finance

Job Reference: ADV/02/SAICT/2017/28603/PhD2

Main research field: 

Sub research field: 
Corporate Finance, Banking


Job Summary:



The Advance – Centro de Investigação Avançada em Gestão opens an international selection tender for one doctorate vacancy to perform duties of scientific research in an undefined work contract regime. The procedure follows the Decree-Law 57/2016 of 29th August, updated by the Law 57/2017, of 19th July, which approves the legal regime of Scientific Employment (hereafter RJEC), the Implementing Decree 11-A/2017 of 29th December and the Labour Code, under its current reading.


JOB EXERCISE: The I&R activities to be carried out will be part of “SMEs Certification (Rating), Financing and Bank Relations: Evaluating the Consequences of the SME-Leader Program in Portugal 2008-2016 for SMEs and Banks” project (project reference 02/SAICT/2017 and project number 28603).


WORK PLACE: Advance facilities, Lisbon, Portugal


Job Description:

  1. 1.       The board of Advance – Centro de Investigação Avançada em Gestão deliberated the opening of an international selection tender for one doctorate vacancy to perform duties of scientific research in the Management field, under an undefined work contract regime pursuant to the Labour Code, for the maximum duration of six years, , based on the execution of a specific service, precisely defined and not lasting, pursuant to the dispositions of article 6 numbers 1 a) and 3 of Decree-Law number 57/2016 of 29th August, updated by the Law 57/2017, of 19th July and to the Labour Code, under its current reading. The I&R activities to be carried out will be part of SMEs Certification (Rating), Financing and Bank Relations: Evaluating the Consequences of the SME-Leader Program in Portugal 2008-2016 for SMEs and Banks, project reference 02/SAICT/2017 - number 28603, financed by Portuguese funds (FCT/OE) under the contract PTDC/EGEOGE/31336/2017 between the Fundação para a Ciência e Tecnologia, I.P. and Advance – Centro de Investigação Avançada em Gestão. The project SMELeaderBanks aims to study a public policy program of certification (rating) of small and medium sized enterprises (SMEs). The project planned duration is 36 months starting on 1st October 2018.


2. Applicable Legislation:

a) Decree-Law no. 57/2016 of 29th August, which approved the doctorate hiring regime destined to stimulate scientific and technological employment for all knowledge areas (RJEC), with the amendments introduced by Law no. 57/2017 from 19th July, also considering the provisions of Regulatory Decree 11-A/2017, of 29th December;

b) Labour Code approved Law 7/2009 of 12th February, under its current reading.


  1. 3.       Monthly remuneration to be paid is the remuneration set by article 15, number 1 of Decree-Law 57/2016 of 29th August and article 2, number 1 of Regulatory Decree 11-A/2017, of 29th December, corresponding to level 1 of the career of auxiliary investigator of the Statute of the Career of Investigation, approved by Order 1553-C/2008 of 31st December, i.e. 3,191.82 Euros.


  1. 4.       Workplace shall be at the facilities of Advance, in Lisbon, without prejudice to the necessary duty travels.


5. Any national, foreign and stateless candidate(s) for this job must meet the following requirements:

a) Hold a doctorate degree in Economics or Finance and a scientific and professional curriculum that fits the project activities. In the case of the doctorate degree was awarded by a foreign higher education institution, the degree must comply with the provisions of Decree-Law 341/2007 of 12th October, and all formalities established therein must be complied within the application deadline;

b) Have postdoctoral research experience compatible with the category of scientific research career corresponding to the defined remuneration level;

c) Have proven experience in research, supported by the conceptual framework defined for the project, i.e. a solid experience in applied microeconomics, policy evaluation and evaluation of real economic outcomes and growth, namely in the areas of corporate finance and banking, as well as knowing the Portuguese databases on firms and employment.

d) Conduct research that has the potential to be published in top academic journals, as well as impact public policy. This potential should be supported with evidence of existing publications, participation in academic conferences, policy impact, as well as potential research prizes.

e) Have proven experience micro-econometrics applied to corporate finance and banking.

f) Submit one reference letter.

g) To be fluent in English.


  1. 6.       According to article 5 of RJEC, the selection is made through the evaluation of the scientific and curricular path of the candidates and their suitability to the description of the position whose work plan presupposes the fulfilment of the following tasks:

a) Development of conceptual and empirical models;

b) Data collection, processing and analysis;

c) Disseminating the results of the project, namely through presentations, and publication to the academic and non-academic public;

d) Planning, organizing and controlling the research project, disseminating research results and communication with firms and institutions involved in the study, along with other members of the research team.


7. The post-doctoral scientific and curricular career evaluation focuses on the suitability to the project, relevance, quality and timeliness of the candidate´s scientific production during his or her doctorate degree as well as the period after that is considered to be the most related to the field of the research project.

8. Evaluation criteria are the following:

8.1. Candidates who present skills, CV and/or experience out of the scope defined in points 1 and 5 will be excluded.

8.2. The evaluation of the scientific and curricular path focuses on the suitability to the project, relevance, quality and timeliness:

a) Of the scientific, technological, cultural or artistic production of the last five years considered more relevant by the candidate and adequate to the project to be developed, which is given a weighting factor of 50%; in the analysis of scientific production is considered publication (articles, books, chapters of books and other publications) and participation in national and international academic meetings;

b) Of the recommendation letters which is given a weighting factor of 30%;

c) Of the activities of extension and dissemination of knowledge developed in the last five years, namely in the context of the promotion of culture and scientific practices, considered of greater relevance to the project as well as participation in previous policy work, which is given a weighting factor of 20%;

8.3. The classification of candidates shall be given on a scale of 1 to 5 to the decimal place and results from the application of the mentioned weightings.

9. In accordance with article 13 of the RJEC, the selection panel is composed as follows:

President: Professor Vítor Gonçalves (Advance)

Member: Professor Clara Raposo (Project PI)

Member: Doctor Diana Bonfim (Team Member)


10. The panel shall deliberate by means of roll-call vote justified under adopted and disclosed selection criteria, with no abstentions allowed. After selection criteria application, the panel shall prepare a sorted list of approved candidates and respective classification.


11. Minutes of panel meetings shall be executed and shall include a summary of all occurrences of said meeting, as well as of all votes casted by the members and respective reasoning, and shall be provided to candidates whenever required.


12. The jury reserves the right to not select applicants if the applicants do not have the adequate quality and profile in terms of absolute and relative merit.


13. Panel’s final decision shall be validated by the leader of the institution, who is also in charge of deciding about the hiring.


14. Application formalization:

14.1. Applications are formalized upon application letter, addressed to the President of Advance, elaborating on the motivations for applying to the vacancy. The application letter should also contain the identification of this notice, full name, number and date of identity card, Citizen Card, or civil identification number, tax identification number, date and place of birth, occupation, address, e-mail and telephone number.

14.2. The application shall be accompanied by the documents mentioned in section 5 for tender admission, namely:

a) Certificate(s) copy(ies);

b) PhD thesis or equivalent document(s) that determined the award of the academic degree;

c) Curriculum Vitae, detailed and structured according to section 9. The works that the candidate considers most relevant and that allow to evaluate their relevance, quality, timeliness and suitability should be marked and a copy should be added;

d) Other relevant documents to the analysis of the application.

14.3. Candidates shall submit their application files and supporting documentation, preferably in a digital form, in PDF format, via email to; in person at Rua Miguel Lupi, N.º 20, Office 109 – 1249-078 Lisboa, during working hours; or by mail to the same address. When submitted by mail, applications must be sent by registered mail with receipt acknowledgement, sent until the last day of application deadline, which is hereby set as the period of 10 working days after the publication of this Announcement.


15. All candidates who formalize their applications in an improper way or fail to prove the requirements imposed by this tender are excluded from admission. In case of doubt, the panel is entitled to request any candidate to present further documentation supporting their statements.


16. False statements provided by the candidates shall be punished by law.


17. Within a maximum period of 90 days from the submission deadline of applications, the final decisions of the jury are given. All the candidates will be notified of the final selection decision by email with delivery receipt of the notification.


18. Preliminary Hearing and Final Decision Deadline: After notified, all candidates have 10 working days to respond.


19. This tender is exclusively destined to fill this specific vacancy and can be terminated at any time until approval of final candidate list, expiring with the respective occupation of the vacancy.


20. Non-discrimination and equal access policy: Advance actively promotes a non-discrimination and equal access policy, wherefore no candidate can be privileged, benefited, impaired or deprived of any rights whatsoever, or be exempt of any duties based on their ancestry, age, sex, sexual preference, marital status, family and economic conditions, instruction, origin or social conditions, genetic heritage, reduced work capacity, disability, chronic illness, nationality, ethnic origin or race, origin territory, language, religion, political or ideological convictions and union membership.


21. Under the terms of D.L. No. 29/2001, of February 3, a disabled candidate has a preference in equal classification, which prevails over any other legal preference. Candidates must declare their respective degree of disability, the type of disability and the means of communication / expression to be used in the selection process, under the terms of the above-mentioned diploma.


22. The panel has approved this announcement in a meeting held on October 21st, 2019.


23. The application is open from 06/11/2019 to 19/11/2019


Number of openings: 1

Type of contract: Other

Country: Portugal

Location: Lisboa

Hosting institution: [Advance)


Deadline to submit applications: [19/11/2019]