Economist - Euro Area External Sector and Euro Adoption

Analysis and Policy Advice
Economics
10278

General Information

Type of contract Fixed-term contract, which may be extended subject to individual performance and organisational needs

Contract end date 31.12.2025

Who can apply? EU nationals

Salary F/G (bracket 1 - step 1) full time monthly net salary: €5,438 plus benefits, for further information see what we offer.

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 08.09.2024

Your team

You will be part of the Euro Area External Sector and Euro Adoption Division in the Directorate General Economics. Our Division has around 20 members of staff and is responsible for analysing international trade, the balance of payments as well as the price and non-price competitiveness of the euro area and EU Member States. In addition, we monitor economic developments in 13 EU Member States, especially in central and eastern Europe.

In your role as Economist, you will join a motivated team involved in preparing Governing Council meetings on monetary policy and macroeconomic projection exercises relating to the external sector of the euro area. More specifically, you will analyse developments in international trade and cross-border financial flows, with a focus on the euro area and the EU.

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:
  • analyse developments in international trade, including external competitiveness, with a focus on the euro area and the EU;
  • analyse developments in cross-border financial flows and their main drivers and implications;
  • be responsible for monitoring and forecasting the economy of an EU country;
  • liaise with other stakeholders, including other economists at the ECB, national central banks and other European or international institutions.

The position offers you excellent opportunities to contribute to a key part of the macroeconomic analysis of the euro area. 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 (see How you can join us for details on degree equivalences);
  • in addition to the above, a minimum of four years’ professional experience at the level of an Economist in international economic analysis; 
  • professional experience at a central bank or an international institution; 
  • expertise in the analysis of international trade flows, with a focus on the euro area or the EU; 
  • in-depth knowledge of cross-border financial flows, including a good understanding of EU-specific topics, such as the Single Market; 
  • a good understanding of and experience in analysing exchange rates;
  • the ability to effectively communicate technical material, both verbally and in writing, to a broad set of stakeholders;
  • 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 or publications in an area relevant to the work of the Division.


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 motivated to be part of our team and to develop and use your skills and competencies to achieve the aims of this position.

Working modalities

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

Further information

The contract offered will be fixed-term, the appointment being until 31 December 2025. 

Temporary appointments may be extended or made permanent subject to organisational needs and budgetary constraints. This may result in a staff member with a non-convertible fixed-term contract being offered a convertible contract in accordance with the ECB Conditions of Employment.

For additional information on this specific vacancy, you can speak to the hiring manager, Martin Bijsterbosch, on +49 69 1344 7886 between 16:00 and 18:00 on Tuesday, 3 September 2024.

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. 
Read more about how you can join us.