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
E/F (bracket 1 - step 1) full time monthly net salary: €4,869 plus benefits, for further information see
what we offer.
Role specialisation
Research
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
02.11.2023
Your team
You will be part of the Financial Research Division in the Directorate General Research (DG/R). Our Division has around 25 staff who conduct policy-relevant research on financial and monetary economics. Our output includes articles in top-ranked academic journals and ECB publications such as the Working Paper Series and the Research Bulletin. Based on their research, staff also prepare policy notes and reports for the ECB’s decision-making bodies, other ECB business areas and external audiences. Our current research agenda includes topical issues such as macro-financial linkages, the interaction between monetary and macroprudential policies, financial innovations such as fintech and digital currencies, and the financial aspects of climate change.
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 Research Analyst, you will:
- provide data-related statistical support to a wide range of research projects;
- coordinate the activities of seven trainees who will support research projects alongside you;
- run the annual recruitment campaign for new trainees in cooperation with the Division’s management;
- develop and/or maintain several large micro-databases available to all DG/R staff;
- advance your skills in writing statistical and econometric code in the software packages we use (primarily STATA and Matlab, as well as Python and R to a lesser degree).
We are seeking candidates for this role who demonstrate the potential for growth. This position offers excellent opportunities to develop the knowledge and skills required to contribute to world-class policy-relevant research. Therefore, the position is an ideal starting point for research-oriented candidates who wish to pursue a PhD in economics, finance or econometrics at the end of the initial three-year contract period.
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 finance, economics, econometrics or another relevant field (see How you can join us for details on degree equivalences);
- in addition to the above, practical experience at a central bank or a comparable international institution (e.g. gained through internships or traineeships) in econometric analysis in the fields of finance or economics;
- advanced programming skills related to the manipulation and econometric analysis of micro and time series data in Stata and MATLAB; in addition, at least intermediate programming skills in Python and/or R;
- practical experience in working with large multidimensional micro datasets such as the balance sheet data of individual financial institutions and/or securities transaction-level data;
- advanced working knowledge of at least two of the following databases/providers: Bloomberg, Thomson Reuters Eikon, Bureau van Dijk, Fitch Connect, SNL Financial, Dealogic or Bankscope;
- 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 master’s degree or equivalent in finance, economics or econometrics.
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.
You are aware of your strengths and areas for development and know what motivates you to perform at your highest level.
Working modalities
We would be happy to discuss a part-time arrangement for this role.
Further information
For additional information on this specific vacancy, you can speak to the hiring manager, Manfred Kremer, on +49 160 96964072 between 14:00 and 15:00 on Wednesday, 25 October and Thursday, 26 October.
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.
