Senior Research Economist - Financial Research Division

Analysis and Policy Advice
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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 (2) (minimum full time monthly net salary €5,532 and benefits, see further information section)

Role specialisation Research

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 10.12.2021

Your team

You will be part of the Financial Research Division in the Directorate General Research. We are seeking economists who have recently completed, or are close to completing, a PhD in economics or finance.

The Directorate General’s main responsibilities are: to conduct research in monetary and international economics, financial intermediation and financial markets, macroeconomics, labour economics, macro-econometrics and the economics of climate change, and to provide research-based policy advice in these areas, applying conceptual frameworks and macro-econometric models for policy analysis.

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 Senior Economist in the Financial Research Division you will:
  • conduct and publish high-quality research;
  • provide research-based policy advice, which may involve developing new models and tools.
This vacancy offers a unique opportunity to join a dynamic and experienced team, to contribute to EU monetary policy and to learn from some of the leading experts in their fields. 

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 to be published in peer-reviewed journals and contribute substantively to policy analyses used by our institution’s Executive Board and Governing Council.

We are particularly interested in candidates working in the field of macro-finance/macro-prudential regulation, especially those whose focus is quantitative models with a monetary policy application.

Qualifications, experience and skills

  • a PhD in economics, finance or a related field, or you must be close to completing a PhD in one of these fields (click here for details on degree equivalences);
  • research papers to the standard of high-quality peer-reviewed academic journals;
  • excellent presentation and communication skills;
  • 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 criteria
  • if you received your PhD more than three years ago, a publication record that is commensurate with your seniority, comprising papers published in high-quality peer reviewed academic journals.

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 aware of your strengths and areas for development and know what motivates you to perform at your highest level.

Working modalities

We are willing to discuss part-time arrangements.

We offer internationally competitive salaries and allowances. Taxes on salaries, allowances and benefits are paid to the European Communities instead of the national tax authorities. Please have a closer look at what we offer. This position is allocated at salary band F/G, bracket 2; for more information please read here.

Further information

For additional information on this vacancy, you can speak to the hiring managers, Florian Heider, Head of the Financial Markets Research Section, on +49 (0)152 225 716 84, and Angela Maddaloni, Head of the Financial Intermediation Research Section, on +49 (0)152 22564821, between 14:00 and 17:00 (CET) on Wednesday, 8 December 2021.

Application and selection process

To apply, please use the Apply Button at the top right of the vacancy.

The recruitment process for this position will be conducted remotely. It will include a short interview in the pre-selection phase between 15-17 December 2021 and – if you are invited to participate in the subsequent selection phase - a 90-minute seminar, in which you will present a research paper, and interviews. Seminars and interviews for this position will take place from 10 January 2022.

Reference letters as well as your CV and research paper must be sent separately to (please use “Vacancy 4543” in the subject line).