Traineeship – Financial Analysis in Market Infrastructure and Payments

Market Infrastructure & Payments
You can no longer apply

General Information

Type of contract Traineeship

Who can apply? EU nationals eligible for our traineeship programme

Grant The trainee grant is €1,170 per month plus an accommodation allowance (see further information section)

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 21.07.2021

Your team

You will be part of the Financials team in the Directorate General Market Infrastructure and Payments. Our Directorate General manages all issues related to Eurosystem market infrastructures, platforms, applications and associated services in the fields of cash settlement, securities settlement and collateral management. We are currently consolidating our two major services/market infrastructures (TARGET2 and TARGET2-Securities) while exploring new technological and business initiatives.

The Financials team is responsible for the development and implementation of pricing policies, as well as the accounting, financing and billing/invoicing for all of the Directorate General’s projects and services. 

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 trainee you will:
  • contribute to the analysis of functional, regulatory and operational scenarios;
  • participate in the shaping of the pricing policies for TARGET Services;
  • support the invoicing, accounting and financial reporting processes for the Directorate General’s projects and services;
  • collaborate with the relevant teams within the Directorate General and in other business areas of the ECB in order to accomplish the tasks of the Financials team successfully.

The traineeship will allow you to familiarise yourself with the work of the Directorate General through varied tasks and projects. You will have your own assigned supervisor, but you will also be expected to use your initiative and work with a large degree of autonomy in order to complete your projects. You will be able to develop your potential and quickly have a tangible impact on the work we do.

The position offers you excellent opportunities to contribute directly to the work of one of the most dynamic and multifaceted areas of central banking, from both a business and a technological perspective. 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 higher in finance, management, economics, computer science or a related discipline;
  • experience in preparing, translating and presenting complex concepts to various stakeholders and audiences, including the visualisation of technical concepts and data;
  • an advanced knowledge of the MS Office package, including sound knowledge of MS Excel, including programming macros and using pivot tables;
  • 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.

  • knowledge of international financial markets, payments and securities business;
  • an academic and professional background in accounting and finance;
  • experience in working with Tableau or other data visualisation tools and databases;
  • working knowledge of programming languages (VBA, Python or SQL);
  • experience with financial and IT business analysis.

You are curious and eager to learn, and want to further develop your ability to analyse complex information. You are keen to collaborate with others, pursue team goals and learn from other people’s diverse perspectives. You strive to know and anticipate stakeholder needs, and will signal any need for change and propose alternative solutions.

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

Further information

Traineeship of between 6 and 12 months in total.

Application and selection process

Further information on how to join us is available on our website.

The recruitment process for this position will include an online interview.