Economist (ESCB/IO) - Supply Side, Labour and Surveillance

Analysis and Policy Advice
You can no longer apply

General Information

Type of contract Short-term contract, which may be extended to up to 36 months subject to individual performance and organisational needs

Contract end date 31.03.2025

Who can apply? EU nationals working for international public sector organisations or EU organisations performing central banking or banking supervision tasks. Your current contract must extend at least 1 year beyond the end of the potential employment at the ECB.

Salary F/G (1) (minimum full time monthly net salary €6336 and benefits, see further information section)

Role specialisation Economics and Monetary Policy

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 07.02.2022

Your team

You will be part of the Supply Side, Labour and Surveillance Division in the Directorate General Economics. Our work covers a broad range of topical issues, including structural trend and labour market analysis, potential growth and productivity drivers, corporate vulnerabilities, country surveillance, mission work and EU governance. An area of particular focus is the macroeconomic impact of climate change and digitalisation, including related policy choices.

In your role as Economist, you will be part of a highly motivated, multicultural and diverse team of more than 30 people. You will support the Division in providing high-quality economic analysis and advice to inform monetary policy discussions and policy positions for international and EU meetings and fora, in close cooperation with other business areas and external stakeholders. 

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 an Economist you will: 
  • work in a team in one or more of our areas of expertise;
  • prepare and possibly coordinate economic analysis and policy positions for the decision-making bodies of the Eurosystem;
  • identify analytical or modelling gaps;
  • monitor and forecast macroeconomic developments in euro area economies;
  • contribute to the ECB’s policy-related briefings and external communications, including speeches and publications;
  • represent the ECB externally in relevant working groups or conferences. 

The position offers you excellent opportunities to work in a diverse team on a broad range of topical, policy-related issues, in cooperation with colleagues in other business areas, the Eurosystem and external stakeholders. 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

  • a master’s degree or equivalent in economics or another relevant field (click here for details on degree equivalences);
  • experience in conducting regular analysis in at least one of the Division’s areas of responsibility and expertise, such as labour market and supply-side issues (including climate change and digitalisation), country surveillance and EU governance; 
  • sound analytical skills and capabilities, including familiarity with state-of-the-art quantitative, modelling or econometric techniques or microdata-based research, as reflected in your publication record;
  • excellent communication skills paired with a dynamic and open-minded personality;
  • 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.

  • experience in drafting high-quality, policy-sensitive and relevant briefings at short notice;
  • a proven ability to present complex analytical issues in simple language and/or coordinate activities and manage projects in the Division’s areas of expertise;
  • a PhD in economics or another relevant field.  

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 be part of our team and to develop and use your skills and competencies to achieve the objectives of this position.

Working modalities

We are willing to discuss part-time arrangements.

Further information

The contract offered will be short-term ESCB/IO, the appointment being for 12 months as of the exact starting date of the selected person, extendable to up to 36 months.

For additional information on this specific vacancy, you can speak to the Head of Division, Wolfgang Modery, on +49 (0)160 9013 1856  or send a short message to to arrange a call.

Application and selection process

The recruitment process for this position will be conducted remotely. It will include an interview. 

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 European Central Bank. Read more about joining us