General Information
Type of contract
Fixed-term contract, which may be extended 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
Market Ops Policy & Implementation
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
12.06.2025
Your team
You will be part of the Market Operations Solutions and Innovation Division in the Directorate General Market Operations. Our Directorate General prepares the monetary policy operations of the Eurosystem, executes those which are centralised and coordinates those which are decentralised. We manage the ECB’s foreign exchange reserves and own funds, and develop and maintain the framework for all financial market-related activities. We also maintain relationships with financial market participants, central banks and official institutions, and monitor and analyse the market developments which are relevant for the conduct of market operations.
In your role as a Financial Market Analyst, you will be part of a team of 35-40 members of staff responsible for running and supporting the Eurosystem’s monetary policy and portfolio management applications, managing and maintaining the systems used in market operations and harnessing technology and innovation to transform processes.
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 Financial Markets Analyst you will:
- contribute to the development and testing of critical IT applications for market operations;
- help to automate business processes;
- collaborate with users, technical teams and external vendors.
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 excellent opportunities to support the delivery of critical IT applications for monetary policy operations. 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 a STEM subject, finance, economics or another relevant field (see How you can join us for details on degree equivalences);
- in addition to the above, a minimum of one year’s professional experience in the field of treasury management systems or financial market infrastructures, in a functional support or testing role;
- good programming skills, particularly in Python and SQL, and proven experience in applying these to testing or business processes;
- a good understanding of financial instruments and markets, in particular fixed income and related derivatives;
- 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:
- experience in the field of market operations;
- a qualification in testing (e.g. ISTQB, CSTE or CAST).
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
To enable the Division to maintain its business continuity capability, you will occasionally be expected to perform work during non-standard working hours and work at the ECB’s standby sites.
We would be happy to discuss a part-time arrangement for this role.
Further information
The contract offered will be fixed-term, the appointment being for at least 12 months as of the exact starting date of the selected person.
Temporary appointments may be extended or made permanent subject to organisational needs and budgetary constraints. This may result in a staff member with a non-convertible fixed-term contract being offered a convertible contract in accordance with the ECB Conditions of Employment.
For additional information on this specific vacancy, you can speak to the hiring team lead, Marco Massarenti, on +49 (0)69 1344 6816 between 10:00 and 12:00 on Tuesday, 3 June and Thursday, 5 June.
Application and selection process
The recruitment process for this position will be conducted remotely. It will include a written exercise and interviews.
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.
