Economists (ESCB/IO) - International Policy Analysis

Analysis and Policy Advice
International & European Relations
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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 03.01.2025

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: €6,909 plus benefits, for further information see what we offer.

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 04.04.2023

Your team

The International Policy Analysis Division in the Directorate General International and European Relations is seeking applicants for two Economist positions.

Our Division, which has around 25 members of staff, prepares policy positions, analysis and briefings on global exchange rates, capital markets and commodities in support of decision-making by the Governing Council of the ECB. We also prepare policy positions and conduct research on issues relating to the international monetary system, the international role of the euro, international aspects of the digitalisation of money, the impact that geopolitics has on global finance, international financial architecture, global capital flows, global financial spillovers and interlinkages, and international aspects of central bank policies. We are responsible for analysis relating to activities of the G7, the G20, the International Monetary Fund (IMF) and the Bank for International Settlements (BIS), and we support the ECB’s representation in those fora.

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

In your role as an Economist, you will, depending on your profile:
  • contribute to the analysis of exchange rates, commodity markets, international financial issues and/or global interlinkages; and/or
  • contribute and develop empirical/structural modelling tools in the Division’s r areas of competence; and/or
  • develop policy positions and carry out substantive research on issues relating to the international monetary and financial system and international aspects of the digitalisation of money; and/or
  • coordinate the preparation of analysis and briefings on issues relating to international fora, including G7, G20, IMF and BIS meetings;
  • contribute to ECB publications as well as to research publications.

These positions will offer excellent opportunities to contribute to the analysis of international topics, helping to shape the ECB’s policy views. 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

  • a master’s degree or equivalent in economics or another relevant field (see How you can join us for details on degree equivalences);
  • in addition to the above, a minimum of two years’ professional experience (not including work as a trainee or intern) in the analysis of global policy issues, global capital markets and/or international financial issues;
  • the ability to combine policy-oriented and analytical work, with a keen awareness of policy issues;
  • 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.

  • an understanding of open-economy macroeconomics and international finance;
  • experience of applied empirical work, the application of econometric methods and/or structural modelling for the purposes of policy analysis.

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

Working modalities

We would be happy to discuss part-time arrangements for these roles.

Further information

The contracts offered will be short-term ESCB/IO, with each appointment being for 6 or 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 these specific vacancies, you can speak to the hiring manager, Regine Wölfinger, on +49 (0)69 1344 6472 between 15:00 and 16:00 on Thursday, 30 March 2023.

Application and selection process

The recruitment process for these positions will be conducted remotely. 
It will include a written exercise and an interview. 

If you are not selected for these positions 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.
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