Economist (ESCB/IO) - EU Institutions and Fora

General Information

Type of contract: Short-term contract, which may be extended to up to 36 months subject to individual performance and organisational needs.

Contract end date: .

Who can apply?: EU nationals working for national central banks of the ESCB, international governmental organisations or other employers performing central banking or banking supervision tasks within the framework of the Eurosystem.

Salary: F/G (bracket 1 - step 1) full time monthly net salary: €7,465 plus benefits.

Working time: Full time.

Place of work: Frankfurt am Main, Germany.

Closing date: .

Your team

You will be part of the EU Institutions and Fora Division in the Directorate General International and European Relations. Our Directorate General prepares policy positions for the ECB, the Eurosystem and the European System of Central Banks on European and global issues. Among other tasks, our Division supports the strengthening of the Economic and Monetary Union, including work on economic governance and the completion of the banking and capital markets unions.

In your role as Economist, you will be part of a team of about 24 members of staff responsible for contributing to analysis and policy advice on EU financial integration and helping to shape the ECB’s positions for discussions with EU counterparts. In addition, you will work on topical issues related to the functioning of European capital markets, notably including the role of financial intermediaries, new technologies and market infrastructures.

The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.

Your role

As an Economist you will:

• develop and communicate analysis to support the ECB’s policy positions on the Capital Markets Union and Savings and Investment Union agenda;
• contribute to ECB publications and other deliverables, and engage with EU institutions and stakeholders, including in high‑level EU fora such as the European Parliament;
• prepare concise briefings and speaking points for Eurosystem decision‑makers on key EU financial integration developments.

The position offers you excellent opportunities to devise state‑of‑the‑art analytical contributions, help shape policy positions and present them in high‑level EU fora, while collaborating closely with colleagues across the ECB, the Eurosystem and other institutions. You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens.

Qualifications, Experience and Skills

Essential:

• a master’s degree or equivalent in economics, finance or another relevant field;
• in addition to the above, a minimum of four years’ professional experience (other than as a trainee or intern) in the fields of EU policies, monetary policy or financial markets;
• sound understanding of financial markets and financial intermediation, including market infrastructures such as trading venues, central counterparties and securities settlement systems;
• proven experience in quantitative analysis, data‑driven policy evaluation and the preparation of analytical papers;
• deep understanding of the EU financial integration agenda, particularly the objectives and challenges of Capital Markets Union and the broader Savings and Investment Union;
• experience preparing senior‑level briefings and coordinating meeting inputs;
• an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.

Desired:

• a PhD in economics, finance or another relevant field, or a track record of relevant publications.

You engage collaboratively with others. You pursue team goals and learn willingly from other people’s diverse perspectives. You signal any need for change by explaining it and proposing alternative solutions. You analyse complex information effectively and can evaluate different views to arrive at solutions. You know and anticipate stakeholder needs.

You are motivated to contribute to the ECB’s mission, to serve the citizens of the EU as a member of a public institution and to work with colleagues from all over Europe.

You are aware of your strengths and areas for development and know what motivates you to perform at your highest level.

Working modalities

We would be happy to discuss a part‑time arrangement for this role.

Further information

The contract offered will be short‑term ESCB/IO, the appointment being for 12 months as of the exact starting date of the selected person, extendable to up to 36 months.

Candidates must have a contract of employment with their home institution for a period of at least one year beyond the duration of the ECB contract being offered.

For additional information on this specific vacancy, you can speak to the hiring manager, Daniel Kapp, on +49 (0) between 13:00 and 14:00 on Wednesday, 6 May.

Application and selection process

The recruitment process for this position will be conducted remotely. It will include a written exercise, a presentation and an interview.

If you are not selected for this position but are still considered suitable, you will be placed on a reserve list (see step 4 of How we hire), from which you might be considered for similar positions within the ECB.

Find out how to apply for a position at the ECB.