Traineeships – Directorate General Monetary Policy – ECB

Frankfurt, Germany
Industry Sector:
International Public Sector
Type of contract:

Traineeships – Directorate General Monetary Policy – ECB

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Traineeships – Directorate General Monetary Policy – ECB

Your Role

As a trainee, you will:
  • work closely with your division’s economists and research analysts, contributing to the daily tasks of the division, as well as longer-term analytical projects;
  • help economists to enhance and refine analytical and econometric tools;
  • contribute to empirical analysis and analytical projects;
  • work with a range of different datasets (including macroeconomic and microeconomic data, financial information and intraday data), as well as maintaining, updating and further developing the data infrastructure in the euro area;
  • maintain and further develop existing quantitative tools and modelling infrastructure;
  • contribute to the updating of charts and tables for regular internal and external reports and presentations, in cooperation with other business areas across the ECB

Qualifications, experience and skills

  • a bachelor’s degree or higher in economics, finance, econometrics, mathematics, statistics, data science, social sciences or a related field;
  • knowledge of statistical and econometric software such as EViews, R, MATLAB or Stata;
  • experience with one or more of the following types of economic data: macroeconomic data, financial market data, firm-level data, accounting/supervisory bank data, other micro data or large datasets (“big data”);
  • an advanced knowledge of MS Office, particularly Excel and PowerPoint;
  • a sound understanding of the economic issues covered by at least one of the divisions listed above;
  • 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 (read more).
  • a master’s degree or higher in economics, finance, econometrics, mathematics, statistics, data science or a related field, or a completion date for such studies that falls in 2020;
  • substantial experience in at least one of the statistical and econometric software packages mentioned above (EViews, R, MATLAB or Stata);
  • experience with SQL, Python, Julia and/or Visual Basic for Applications (VBA) for Excel;
  • research experience;
  • experience of using market data services such as Bloomberg, DataStream and SNL.
Closing date for applications 06 January 2020 before midnight.
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European Central Bank (ECB)

The European Central Bank (ECB) is the central bank for Europe's single currency, the euro. The ECB’s main task is to maintain the euro's purchasing power and price stability in the euro area. The euro area comprises the 19 European Union countries that have introduced the euro since 1999.

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