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
15.05.2024
Your team
You will join the Financials team in the Directorate General Market Infrastructure and Payments. Our Directorate General manages all issues relating to the Eurosystem’s market infrastructure, including its platforms, applications and associated services in the fields of cash settlement, securities settlement and collateral management. Alongside providing wide-ranging support for the Eurosystem’s TARGET Services (TARGET2, TARGET2-Securities, TARGET Instant Payment Settlement and the forthcoming Eurosystem Collateral Management System), we are constantly exploring new technological and business initiatives.
The Financials team is responsible for developing and implementing pricing policies, as well as for the invoicing, accounting and financial reporting processes related to all 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;
- help to shape pricing policies for TARGET Services;
- build reporting dashboards and aggregate data sources;
- support the invoicing, accounting and financial reporting processes for all the Directorate General’s projects and services;
- collaborate with the relevant teams within the Directorate General and in other ECB business areas with a view to successfully accomplishing the tasks of the Financials team.
This traineeship is an opportunity for you to familiarise yourself with the work of the Directorate General by participating in a variety of tasks and projects. Although you will be assigned a supervisor, you will be expected to use your own initiative and work with a large degree of autonomy. You will be able to develop your skills and quickly have a tangible impact on the work we do.
The position offers you excellent opportunities to contribute directly to 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
Essential:
- a bachelor’s degree or higher in finance, management, economics, computer science or a related discipline;
- experience of presenting complex concepts (including the visualisation of technical concepts and data) to various stakeholders and audiences,;
- an advanced knowledge of the MS Office package (including programming macros and pivot tables in Excel);
- 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:
- knowledge of international financial markets, payments and securities;
- experience of accounting and finance;
- experience of working with Tableau or other data visualisation tools and databases;
- a working knowledge of one or more programming languages (such as 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 aims of this position.
Further information
Initial traineeship of 6 months, with a possible extension to up to 12 months in total, starting in October 2024.
For additional information on this specific vacancy, you can speak to Alexandros Exarchos on +49 (0)1721766358 between 15:00 and 16:00 on Wednesday, 8 May 2024.
Application and selection process
The recruitment process for this position will include a remote written exercise and an online interview.
Further information on
how to apply is available on our website.
If you are not selected for this position but are still considered suitable, you will be placed on a reserve list for 12 months from the closing date for applications, from which you might be considered for other traineeship positions within the ECB.
