Economist (ESCB/IO) - International Policy Analysis

Analysis and Policy Advice
International & European Relations
6237

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 31.10.2023

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

Role specialisation International and European Relations

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 08.09.2022

Your team

You will be part of the International Policy Analysis Division in the Directorate General International and European Relations. Our Division has around 30 staff preparing policy positions, analysis and briefings on issues of systemic relevance for the global economy and for the international monetary and financial system. 

In your role as Economist, you will be part of a team of staff responsible for contributing analysis of commodity price, exchange rate and global capital market developments for the preparation of the Governing Council’s monetary policy meetings and the ECB/Eurosystem projections. Our team additionally provides input to the European Systemic Risk Board and the Directorate General Macroprudential Policy and Financial Stability regarding global risks to financial stability. 

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:
  • contribute to the preparation of the Governing Council’s monetary policy meetings and the ECB/Eurosystem projections; 
  • conduct economic analysis and other analytical studies and develop tools in the Division’s areas of competence, particularly as regards exchange rates, commodity markets or international financial issues;
  • contribute to ECB publications and external communications.
  • We are seeking a candidate for this role who demonstrates the potential for growth, and we will support the selected candidate in their future development of the required knowledge, skills or competencies.

The position offers you excellent opportunities to contribute to the analytical work of a small multicultural team of experts that strives for continuous innovation to make a positive impact on the lives of European citizens. 

Qualifications, experience and skills

Essential: 
  • a master’s degree or equivalent in economics or another relevant field (see How you can join us for details on degree equivalences);
  • in addition to the above, a minimum of three years’ professional experience in analysing global capital markets, global policy issues and/or international financial issues;
  • strong analytical skills, with experience in applied empirical work and in the application of econometric methods; 
  • the ability to combine policy-oriented and analytical work, with an understanding and awareness of policy issues and their implications; 
  • 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: 
  • a PhD in economics, finance or another relevant field (see How you can join us for details on degree equivalences);
  • a sound understanding of macroeconomics and international financial markets;
  • experience in preparing policy-related material, both orally and in writing;
  • experience in coordinating analysis or policy work; 
  • a publication record in areas related to the Division’s fields of interest.
  • 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 aims of this position.

Working modalities

We would be happy to discuss a part-time arrangement for this role.

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 hiring manager, David Lodge, on +49 (0)69 1344 8203. 

Application and selection process

The recruitment process for this position may include a written exercise, a presentation 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.

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