Traineeships at Policy Strategy and Institutional Relations of European Stability Mechanism

European Stability Mechanism is looking for candidates studying towards (or recent graduates of) a Masters’ degree, PhD, or postdoctoral programme to assist our Policy Strategy and Institutional Relations division of the European Stability Mechanism (ESM). The aim of the traineeship is to provide promising young professionals with an opportunity to understand how the ESM works, while contributing to its mission and pursuing their research interests.

The Policy Strategy and Institutional Relations division is responsible for policy work, analysis, and design of the ESM’s role and instruments for the provision of stability support; interacting with institutional counterparts including IFIs and Regional Financial Arrangements, credit rating agencies, as well as for ESM’s evaluation activities.

The ESM is the permanent crisis resolution mechanism for the countries of the euro area. It has launched five financial assistance programmes, provided financial support, monitored repayment capacity, and engaged with partner institutions in the design of programmes in particular in areas of financial interest. The ESM has just received an expanded mandate from European leaders, which it will implement in the months and years ahead. The ESM will have a stronger role in the analysis of financial stability risks and design of policy measures in programmes, jointly with the European Commission.

During a three-to-six-month period, the successful candidate will support the team in preparing policy notes and briefings in relation to ESM’s mandate and instruments, as well as in the context of the collaboration with other Regional Financial Arrangements, closely collaborate on other team duties, and/or carry out an agreed research project in line with the division’s objectives.

KEY QUALIFICATIONS

A candidate (or recent graduate within one year since graduation) for a Master’s Degree in economics or finance, a PhD student within a year or two of completing a PhD and active student status, or a postdoctoral candidate who recently completed their PhD
Fluency in English, both oral and written

KEY COMPETENCIES

Strong analytical skills
Intellectual curiosity and eagerness to learn
Proactive attitude

Further details:
Traineeships at Policy Strategy and Institutional Relations of European Stability Mechanism