Market Infrastructure Expert Digital Euro (ESCB/IO) - Market Infrastructure & Payments

Market Infrastructure & Payments
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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 30.09.2023

Who can apply? EU nationals working for national central banks of the ESCB, international governmental organisations or other employers performing central banking or banking supervision tasks.

Salary F/G (bracket 1 - step 1) full time monthly net salary: €6,336 plus benefits, for further information see

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 05.09.2022

Your team

You will be part of the Directorate General Market Infrastructures and Payments (DG/MIP). We have around 150 staff providing market infrastructure (TARGET2, T2S, TIPS, ECMS), overseeing market infrastructure and payment systems and acting as a catalyst for market integration and innovation. 

You will be part of the project team working on a possible future digital euro for retail payments. This is made up of members from across the Eurosystem, including other business areas at the ECB. 

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

Currently, one position in the Business Architecture and Product Design (BAPD) team is available via the ESCB/IO arrangement.

As a Market Infrastructure Expert in the BAPD team, you will:
  • contribute to translating the policy objectives of a digital euro into the design requirements for the project;
  • contribute to understanding how a digital euro will affect the economy and integration and innovation in the retail payments system;
  • engage with market players, fintech firms, academics and the central bank community regarding innovative technologies of mutual interest for the digital euro;
  • contribute to preparing functional and/or technical requirements for the digital euro;
  • contribute to preparing stakeholder engagement and communication regarding the project;.
  • contribute to briefings for technical and high-level meetings with policymakers on the digital euro. 
The position offers excellent opportunities to explore ongoing technological innovation in the financial industry, particularly in payments, including how it impacts on society overall. As a member of the team, you will be a key player in defining the user experience for the digital euro and will have the opportunity to use your knowledge to help shape the future of how Europeans pay. 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 business administration, economics, finance, STEM (science, technology, engineering or mathematics) or another relevant field (click here for details on degree equivalences); 
- 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;
  • at least three years’ proven experience developing payments infrastructure and/or policy, ideally including briefing/participating in international fora;
  • strong analytical skills, in particular the capability to identify problems and challenges and to devise target-oriented solutions;
  • the ability to deliver high-quality work within agreed and potentially tight deadlines;
  • well-developed drafting skills to translate detailed technical knowledge into high-level policy documents.

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.

Working modalities

We are willing to discuss part-time arrangements.

Further information

The contract offered will be short-term ESCB/IO, the appointment being until September 2023 as of the exact starting date of the selected person, extendable to up to 36 months.

For additional information on the vacancy, you can speak to Andrea Pinna on +49 69 1344-8513 between 13:00 and 15:00 on Wednesday 17 August 2022.

Application and selection process

The recruitment process for this position will be conducted remotely. It may include a written exercise in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – a presentation and interviews.

Find out how to apply for a position at the European Central Bank. Read more about joining us.