Traineeship in International Policy Analysis and Finance

Short company description

As the central bank for Europe's single currency, the euro, we have two main tasks. First, we aim for stable prices in the euro area. We do this by setting the short-term interest rate and by working closely with the national central banks of countries that have adopted the euro. Stable prices are important for people and businesses to feel secure in making plans to invest for the future. Second, we supervise banks in the euro area. We do this by working together with national supervisors to review how banks conduct their activities and ensure rules are applied in the same way across Europe. This makes the banking sector more stable and trustworthy for people and companies.

Requirements

Essential:
a bachelor’s degree or higher in economics, econometrics, finance, data science, applied mathematics or a related field;
a sound understanding of international finance, monetary economics, data science or international macroeconomics;
experience in data collection (from LSEG, Bloomberg, Haver Analytics or other market data services) and data analysis;
an intermediate knowledge of programming languages and econometric software (e.g. MATLAB, R, Stata, EViews, Python, SQL and Julia);
an advanced knowledge of the MS Office package, in particular Excel;
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 master’s degree in economics, econometrics, finance, data engineering, data science, applied mathematics or a related field (or being close to completing a master’s degree);
a keen interest in policy-relevant and applied research, together with a proven ability to conduct quantitative analyses;
a sound knowledge of statistical and econometric techniques for data analysis.

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.

Responsibilities

As a trainee you will perform one or more of the following tasks:
support the work of the Division by, among other things, assisting with data collection and analysis, generating tables and charts, and preparing presentations;
maintain and further develop complex databases used to monitor global financial and monetary developments;
maintain and further develop quantitative tools and modelling infrastructure;
contribute to selected analytical projects by providing research assistance.

The traineeship offers you excellent opportunities to work closely with highly qualified experts on different tasks and projects in the field of international finance and macroeconomics, giving you valuable experience for a successful professional career. You will also be assigned a mentor and will be able to develop your potential and quickly contribute to the work we do. You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens.

Other info

Initial traineeship of between four and six months, with a possible extension to up to 12 months in total. For some of the positions the starting date will be in the spring of 2026, while for others it will be in the late summer or autumn of 2026.

Other details on the conditions applicable to traineeships at the ECB can be found on our website.
The recruitment process for this position will include an online interview.

Further information on how to apply is available on our website.

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.

Monthly salary offered

1170EUR

Benefits

• Relocation bonus
• Medical insurance
• Life insurance
• Trainings
• Courses
• Certifications
• Remote work allowance / Utilities reimbursement
• Teambuildings / trips
• Parties / company events
• Laptop
• Mobile phone