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), The trainee grant is €2,120 per month plus an accommodation allowance (see further information section)
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
22.03.2021
Your team
You will be part of the EU Institutions and Fora Division in the Directorate General International and European Relations. Our Directorate General has 120 staff preparing policy positions of the ECB/Eurosystem/European System of Central Banks on European and global issues.
You will join a team of about 20 members of staff responsible for maintaining working relations with and monitoring the activities of EU institutions such as the European Commission, the European Parliament and the Council of the European Union, especially the Economic and Financial Affairs Council (ECOFIN), as well as associated fora including the Eurogroup, the Economic and Financial Committee, the Economic Policy Committee and the Macroeconomic Dialogue.
We prepare briefings and conduct analytical work on topical policy issues with an institutional dimension, such as deepening Economic and Monetary Union and completing the banking and capital markets unions, the EU response’s to the COVID-19 pandemic, including the Next Generation EU instrument, as well as the EU climate policy agenda, issues related to Brexit and the ECB’s accountability obligations towards the European Parliament. In addition, the Division coordinates activities related to the accountability of ECB Banking Supervision to the European Parliament and the Council of the European Union. We also coordinate the ECB’s preparations for meetings of the Eurogroup and the ECOFIN Council as well as their preparatory bodies.
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 your gender, gender identity, ethnicity, sexual orientation, age, religion, disability or other characteristics.
Your role
As a trainee, you will:
- monitor and analyse issues relating to EU integration and governance, the accountability of the ECB, and the EU’s internal and external policies from a central banking and/or banking supervision perspective;
- prepare notes on issues falling within the Division’s remit in order to brief senior ECB staff and decision-making bodies and/or prepare related publications;
- monitor and analyse the activities of EU institutions such as the Council of the European Union, the European Commission and the European Parliament;
- contribute to the Division’s research agenda;
- present at internal seminars organised by the Division.
This position offers you an excellent opportunity to work in a team of highly qualified experts in the fields of political economy, international macroeconomics and finance under the guidance of an experienced mentor. 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:
- for a traineeship paid at €1,070, a bachelor’s degree in economics, political science, European studies, finance, law or another relevant field, ideally with an emphasis on political economy or institutional economics;
- for a traineeship paid at €1,940, a master’s degree in economics, political science, European studies, finance, law or another relevant field and at least two years of PhD studies in one of these subject areas, ideally with a focus on political economy or institutional economics;
- a sound understanding of the functioning of EU institutions and fora with a good knowledge of the EU’s institutional set-up and policy affairs;
- a sound understanding of economics and central banking with a good knowledge of the foundations and functioning of Economic and Monetary Union;
- a good knowledge of the MS Office package;
- 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 statistical/econometric software packages such as EViews, R, Stata or MATLAB;
- a publication record related to issues falling within the Division’s remit.
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/PhD traineeship of between 3 and 12 months in total. The starting date will be in autumn 2021 or early 2022.
Application and selection process
Further information on how to join us is available on our
website.
The recruitment process for this position will include a pre-recorded video interview in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – an online interview via Webex.
