Traineeship in Macroprudential Policy and Financial Stability
Who can apply: EU nationals eligible for our traineeship programme
Salary: The trainee grant is €1,070 per month plus an accommodation allowance.
Working time: Full-time
Place of work: Frankfurt, Germany
Closing date Wednesday, 16 October 2019
You will be part of the Directorate General Macroprudential Policy and Financial Stability (DG/MF). Our Directorate General has approximately 100 staff members providing analyses and policy advice on issues relating to financial stability, financial regulation and macroprudential policy. In particular, we work on the identification and measurement of systemic risks, the assessment of the impact of regulations and macroprudential measures, policy strategy and coordination, and challenges facing the banking and non-banking sectors.
In the area of financial stability, we analyse developments in the banking sector and the broader financial system in the euro area from a systemic risk perspective. In the area of financial regulation, we monitor developments and analyse policy issues from a financial stability and financial integration perspective, contribute to international and EU-level debates, and assess the impact of post-crisis regulatory reforms.
In your role as a trainee, you will be part of a team with approximately 20 members of staff responsible for policy relevant analysis and coordination of the ECB’s views on the issues outlined above. You will work closely with one or two experts, contributing to projects that are of relevance to the division you are assigned to.
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 your gender, gender identity, ethnicity, sexual orientation, age, religion, disability or other characteristics.
Qualifications, experience and skills
a bachelor or higher in finance, economics, statistics, mathematics, engineering, business administration (with a focus on accounting), physics, computer science, or a related discipline;
good IT and programming skills and knowledge of programming languages/econometric software (e.g. R, MATLAB, Dynare, Stata, Python, SQL, and/or EViews), as well as an advanced knowledge of MS Office, in particular Excel;
some experience in preparing, handling and analysing datasets based on various data sources;
general knowledge of financial instruments, institutions and markets;
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