General Information
Type of contract
Two-year fixed-term contract starting on 1 September. It may be extended for one additional year upon successful completion of the programme.
Who can apply?
EU nationals
Salary
E/F (bracket 1 - step 1) full time monthly net salary: €4,611 plus benefits, for further information see
what we offer.
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
04.01.2021
Your team
We are looking for up to four highly talented recent graduates with postgraduate degrees, preferably PhDs, for the ECB’s Graduate Programme in Economics.
We will give you a challenging two-year assignment in one business area matched to your fields of expertise, your interests – which you can indicate during the application process – and our organisational needs. During the two-year assignment you will spend a six-month period in the Directorate General Research.
Your successful completion of the programme will be assessed by the Graduate Programme Committee on the basis of performance reviews and your project paper, which you will prepare and submit before the end of the second year.
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.
Your role
The Graduate Programme offers you excellent development opportunities, valuable experience and an insight into the ECB’s tasks and working methods. It could be your starting point for an exciting career at the ECB.
Your assignments can be in the following business areas at the ECB: Economics, Monetary Policy, International & European Relations, Macroprudential Policy & Financial Stability and Research. In these areas we perform analytical and policy work in the field of economics, as well as working to optimise the analytical framework and tools. We lay the groundwork for policy decisions and communications by providing high-quality analysis and advice. We contribute to the intellectual leadership of the ECB, represent the ECB in external fora and maintain productive relationships with stakeholders.
We will assign you an experienced colleague as a mentor to provide you with support, advice and guidance on participating successfully in the programme. You will also get a tailor-made training programme that includes a number of in-house and external training opportunities.
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 PhD in Economics or a related field completed between 1 February 2019 and 31 January 2021; alternatively you may be due to complete a PhD in 2021 (in this case the master’s degree can have been obtained before 1 February 2019) – candidates with a PhD, or who will obtain their PhD in 2021, will have a distinct advantage;
- 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, https://www.coe.int/en/web/common-european-framework-reference-languages/table-1-cefr-3.3-common-reference-levels-global-scale.
Desired:
- a sound knowledge of macroeconomics, international economics, monetary economics and/or international finance, including banking, financial markets and financial intermediation;
- advanced knowledge of MS Office applications, including Word, Excel and PowerPoint;
- advanced knowledge of time series or panel econometrics;
- strong programming skills, especially experience with MATLAB, STATA, Python and R.
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.
Motivation:
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 motivated to be a part of our team and to use your skills and competencies to achieve the objectives of this position.
You are aware of your strengths and areas of development and know what motivates you to perform at your highest level.
Working modalities
This is a two-year fixed-term contract which we aim to start from 1 March 2021 and to last until 28 February 2023. It may be extended for one additional year upon successful completion of the programme. While on the Graduate Programme you can apply for vacancies that are advertised both internally and externally.
Upon successful completion of the programme and subject to business needs, participants are eligible to be directly appointed to positions as Economists.
Further information
For further information on how to join us,
read more.
Application and selection process
The recruitment process for this position will include a written exercise, a presentation and interviews.
