General Information
Type of contract
Fixed-term contract which may be converted into a permanent contract after three years subject to individual performance and organisational needs
Who can apply?
EU nationals
Salary
F/G (bracket 1 - step 1) full time monthly net salary: €5,876 plus benefits, for further information see
what we offer.
Role specialisation
FinancialStability&MacroprudentialPolicy
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
03.06.2026
Your team
You will be part of the Secretariat of the European Systemic Risk Board (ESRB), the ECB business area that provides analytical, statistical, logistical and administrative support to the ESRB.
The ESRB is responsible for the macroprudential oversight of the EU financial system and the prevention and mitigation of systemic risk. This is a broad remit, covering banks, insurers, asset managers, shadow banks, financial market infrastructures and other financial institutions and markets. In pursuit of its macroprudential mandate, the ESRB assesses systemic risks and, where appropriate, issues warnings and recommendations. It also has a broad membership, with representatives from 80 different European institutions, including central banks and supervisory authorities.
In your role as Financial Stability Expert, you will be part of a team responsible for analysing systemic risks to the EU financial system and assessing macroprudential policies put forward by EU Member States, as well as preparing warnings and recommendations and monitoring their implementation. You will focus on making assessments from a system-wide perspective, considering the macro-financial context as well as the cross-sectoral and cross-border linkages.
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 Expert you will:
- identify and analyse financial stability risks in EU Member States;
- assess the macroprudential policies put forward by EU Member States;
- develop monitoring and assessment tools that help identify risks and vulnerabilities across sectors and countries;
- contribute to the development of tools to assess the macroprudential stance of a country;
- support the preparation of ESRB warnings and recommendations;
- engage with experts from central banks, supervisory authorities, EU institutions, international organisations and academia, as well as with industry stakeholders;
- represent the ESRB Secretariat in expert groups and other fora.
We actively support professional development for our staff. Besides learning opportunities such as training and mentoring, we encourage and support horizontal mobility after some years in the same position.
The position offers you excellent opportunities to work at the heart of macroprudential policymaking in Europe and to interact with numerous internal and external stakeholders. 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 (other than as an intern or trainee) in financial stability analysis, financial market policies or financial supervision (micro- or macroprudential);
- experience working at a central bank, a supervisory authority, another ESRB institution or another international institution (e.g. the OECD, the IMF, the BIS);
- a sound understanding of the EU macroprudential framework, financial institutions, financial markets and financial regulation;
- 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 demonstrated ability to prepare clear, well-structured reports and policy documents, tailored to a variety of audiences;
- experience working with macro-financial statistical and regulatory datasets related to the financial system, including at the country level, and corresponding knowledge of programming languages;
- experience working as a part of and/or supporting or coordinating international expert groups.
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 and will be convertible into a permanent contract after three years subject to individual performance and organisational needs.
For additional information on this specific vacancy, you can arrange to speak to the hiring manager, Tuomas Peltonen, by emailing esrbsecretariat@ecb.europa.eu.
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.
