Financial Stability Analyst – Systemic Risk & Financial Institutions

Analysis and Policy Advice
Macroprudential Policy & Financial Stability

General Information

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

Contract end date 30.06.2023

Who can apply? EU nationals

Salary E/F (1) (minimum full time monthly net salary €4,229 and benefits, see further information section)

Role specialisation FinancialStability&MacroprudentialPolicy

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 19.05.2022

Your team

You will be part of the Systemic Risk and Financial Institutions Division in the Directorate General Macroprudential Policy and Financial Stability. Our Directorate General provides analysis and advice on issues relating to macroprudential policies, financial regulation and supervision, and financial stability arrangements.

The Systemic Risk and Financial Institutions Division is responsible for monitoring and identifying potential sources of systemic risk in the euro area/EU financial system, with a particular focus on banks. We use qualitative and quantitative approaches, including, for example, systemic risk indicators and early warning models. We also monitor developments in the euro area and EU banking sectors to identify risks to financial stability and inform policy responses, and we take the lead in producing the ECB’s semi-annual Financial Stability Review.

In your role as a Financial Stability Analyst, you will be part of a team of about 20 members of staff and work closely with the divisional management team and other divisions within the Directorate General.

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 Stability Analyst you will:
  • work as part of a team preparing data and analysis which are used to monitor financial stability risks and banking sector developments;
  • help to prepare presentations, reports, figures and charts;
  • develop data infrastructures facilitating management and analytical use of transaction-level and agent-level data;
  • support colleagues in performing deep dive analysis of pertinent financial stability questions, focusing on risks and vulnerabilities in the real economy and the banking sector;
  • contribute to the development of tools and models used for systemic risk analysis;
  • keep abreast of analytical, methodological and policy developments and publications relevant to the Division and give presentations to a range of internal and external audiences. 

We are seeking a candidate for this role who demonstrates the potential for growth, and we will support the selected candidate in their future development of the required knowledge, skills and competencies.

The position offers you excellent opportunities to contribute to safeguarding financial stability in the European Union and to develop granular, micro-level analysis, while learning from experienced practitioners. 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 bachelor’s degree or equivalent in economics, finance or another relevant field (click here for details on degree equivalences);
  • in addition to the above, a minimum of one year’s experience in the field of financial stability, banking supervision or financial markets; 
  • experience working with complex, highly granular, firm-level or transaction-level panel datasets (such as credit registers, securities holdings, derivatives trades or corporate balance sheet data) to analyse financial stability issues;
  • familiarity with financial statement analysis and prudential requirements applicable to banks;
  • a sound understanding of and practical experience working with SQL and at least one of the following: R, Python, MATLAB or Stata;
  • experience in drafting and presenting reports and papers; 
  • an advanced knowledge of MS Office, including Word, Excel and PowerPoint;
  • 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 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 30 June 2023. 

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, Maciej Grodzicki, on +49 (0)69 1344 5616 between 11:00 and 12:00 on Wednesday 11 May and Friday 13 May.

Application and selection process

The recruitment process for this position will be conducted remotely. It will include a written exercise, a presentation and interviews. 

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 European Central Bank. Read more about joining us.