Financial Risk Analyst (ESCB/IO) - Risk Strategy

Knowledge, Information, Data&Statistics
Risk Management
9786

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 30.09.2025

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 E/F (bracket 1 - step 1) full time monthly net salary: €5,914 plus benefits, for further information see what we offer.

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 16.05.2024

Your team

You will be part of the Risk Strategy Division in the Directorate Risk Management. Our Division has around 30 staff members and is responsible for proposing policies and procedures that ensure the Eurosystem is appropriately protected against financial risks when conducting monetary policy operations. In that context, we rely on a robust IT and risk management data infrastructure tailored to our needs.

In your role as Financial Risk Analyst, you will be part of a dynamic team of five members of staff responsible for building and maintaining the internal IT and data management infrastructure for risk management tasks, including automating processes and creating visualisation tools in a cloud environment. We work closely with other teams in the Directorate Risk Management, as well as with other ECB business areas.

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 a Financial Risk Analyst you will:
  • build and maintain the internal IT and risk management data infrastructure, including troubleshooting, testing, data quality management, data visualisation, and liaising with other ECB business areas; 
  • support and advise the Division’s other teams on IT and data-related matters to deliver on risk management tasks; 
  • establish best practices on programming and documentation for the Division;
  • identify and assess the impact on the Division of ECB-wide developments related to IT infrastructure and data;
  • contribute to designing a long-term strategy for the risk management IT infrastructure, including analysing business processes that need to be enhanced and proposing solutions to improve the Division’s technical infrastructure;
  • contribute to the Division’s analytical projects.

The position offers you excellent opportunities to learn on the job about implementing monetary policy and financial risk management, while strengthening your IT and data management knowledge by developing innovative tools for the Division. 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 bachelor’s degree or equivalent in computer science, information technology, statistics, finance, economics, mathematics, physics or another relevant field (see How you can join us for details on degree equivalences);  
  • in addition to the above, a minimum of three years’ professional experience (other than as a trainee or intern) in the field of financial risk management, market operations, statistics or information systems; 
  • excellent IT programming skills in Python;
  • advanced understanding of languages used for managing data in a relational database management system (e.g. SQL); 
  • 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.



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 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 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 contact the Team Lead, Cláudia Duarte, by sending an email to claudia.duarte@ecb.europa.eu.

Application and selection process

The recruitment process for this position will be conducted remotely. It will include a written exercise 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 joining us.