General Information
Type of contract
Traineeship
Who can apply?
EU nationals eligible for our traineeship programme
Grant
The trainee grant is €1,170 per month plus an accommodation allowance (see further information section)
Working time
Full time
Place of work
Frankfurt am Main, Germany
Closing date
17.03.2023
Your team
You will be part of the EU Institutions and Fora Division in the Directorate General International and European Relations. Our Directorate General has 120 staff preparing policy positions for the ECB, the Eurosystem and the European System of Central Banks on European and global issues.
In your role as a trainee, you will join a team of around 20 members of staff. We prepare the ECB’s policy positions and conduct analytical work on topical EU institutional and policy issues, often in close cooperation with other ECB business areas. In particular, we work on policy issues related to deepening Economic and Monetary Union, such as strengthening its economic governance framework and completing the banking union and capital markets union, as well as other EU policy priorities that are relevant to the ECB’s tasks, including climate and energy policy and digital finance. We also maintain working relations with, and monitor the activities of, other EU institutions. We act as the primary point of contact with the other EU institutions and coordinate the activities related to the accountability of the ECB for central banking and supervisory tasks. This involves close interaction with the European Parliament. We also coordinate the ECB’s preparations for meetings of the European Council, the Eurogroup and the ECOFIN Council, including their preparatory bodies.
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 trainee you will:
- monitor and analyse issues relating to EU integration and governance, the ECB’s accountability and the EU’s internal and external policies from a central banking and/or banking supervision perspective;
- prepare briefing notes for senior ECB staff and decision-making bodies on issues falling within the Division’s remit;
- monitor and analyse the activities of other EU institutions, including the Council of the EU, the European Commission and the European Parliament;
- support research and analytical work and/or contribute to publications on topics related to the Division’s work, including by assisting with data collection and analysis;
- present at internal seminars organised by the Division.
This position offers you excellent opportunities to work close to the forefront of policymaking in high-level EU fora and to deepen your understanding of EU policies and interinstitutional relations. You will work under the guidance of an experienced mentor in a team of highly qualified experts in the fields of political economy, international macroeconomics and finance and you will liaise closely with colleagues in other ECB business areas. 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 higher in economics, econometrics, political science, European studies, finance, law or another relevant field;
- a sound understanding of the functioning of EU institutions and fora as well as a good knowledge of the EU’s institutional set-up and policy affairs, as demonstrated by completion of a relevant course or coursework and/or a record of relevant papers or publications;
- a sound understanding of economics and central banking, including a good knowledge of the foundations and functioning of Economic and Monetary Union;
- a good knowledge of the MS Office package;
- 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 keen interest in policy-relevant and applied research, together with a proven ability to conduct analyses;
- experience using statistical/econometric software packages and/or data visualisation software (e.g. Python, R, Stata and Tableau);
- experience collecting and analysing data.
You are curious and eager to learn, and want to further develop your ability to analyse complex information. You are keen to collaborate with others, pursue team goals and learn from other people’s diverse perspectives. You strive to know and anticipate stakeholder needs, and will signal any need for change and propose alternative solutions.
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 keen to be part of our team and to use your skills and competencies to achieve the aims of this position.
Further information
Traineeship of between 6 and 12 months in total. The start date will be in autumn 2023.
Application and selection process
Further information on
how to apply is available on our website.
The recruitment process for this position will include an online interview.
If you are not selected for this position but are still considered suitable, you will be placed on a reserve list for 12 months from the closing date for applications, from which you might be considered for other traineeship positions within the ECB.