Principal Research Economist - Monetary Policy Research

Analysis and Policy Advice
Research
11804

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 3 - step 1) full time monthly net salary: €7,188 plus benefits, for further information see what we offer.

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 12.05.2025

Your team

You will be part of the Monetary Policy Research Division in the Directorate General Research. Our Division has around 35 staff who conduct research in monetary and international economics, macroeconomics, labour economics, macro-econometrics and the economics of climate change. They provide research-based policy advice to the ECB’s governing bodies and other business areas, share their latest findings in seminars and at conferences and publish their work in academic journals. Our current research topics include monetary policy transmission amid unprecedented shocks, structural changes and shifting inflation dynamics; geoeconomics and the impact of protectionism on exchange rates, trade and capital flows; as well as the economic implications of artificial intelligence.

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 Principal Research Economist you will:

  • conduct and publish high-quality research on policy-relevant issues in monetary economics, financial economics or macroeconomics;
  • present your research at leading conferences worldwide, maintain a network and collaborate with other researchers in academia and at central banks; 
  • provide research-based policy advice, which may involve developing new models and tools; 
  • coordinate research teams and mentor more junior colleagues.


For this role we are seeking candidates who demonstrate the potential for growth, and we will support the selected candidate in their development of the required skills. 


The position offers you significant research time and an excellent research environment, including research assistance, state-of-the-art computing facilities, access to extensive data, regular interaction with academic consultants and interactive workshops and seminars. The ECB’s economists conduct cutting-edge research published in peer-reviewed journals and contribute substantively to policy analyses used by our institution’s Executive Board and Governing Council. 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 PhD in economics, finance or another relevant field (see How you can join us for details on degree equivalences);
  • in addition to your PhD, a minimum of 12 years’ relevant professional experience (other than as a trainee or intern) in academia, think tanks, central banks, governmental or international institutions; 
  • a publication record comprising papers published in high-quality peer-reviewed academic journals;
  • international recognition of your research as evidenced, for instance, by presentations at high-level conferences and citations of your work;
  • excellent communication skills, including the ability to present research results in non-technical terms;
  • 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.



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

For additional information on this specific vacancy, you can speak to the hiring manager, Michael Ehrmann, on +49 (0)172 6962526 between 09:00 and 12:00 on Monday, 5 May.

Application and selection process

The recruitment process for this position will be conducted remotely. It will include a written exercise, a presentation and interviews (tentatively scheduled for 3-7 July). 

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.

Find out how to apply for a position at the ECB. 
Read more about how you can join us.