Traineeship in Macroprudential Policy and Financial Stability at European Central Bank

You will be part of the Directorate General Macroprudential Policy and Financial Stability (DG/MF). Our Directorate General has approximately 100 staff members providing analyses and policy advice on issues relating to financial stability, financial regulation and macroprudential policy. In particular, we work on the identification and measurement of systemic risks, the assessment of the impact of regulations and macroprudential measures, policy strategy and coordination, and challenges facing the banking and non-banking sectors.

In the area of financial stability, we analyse developments in the banking sector and the broader financial system in the euro area from a systemic risk perspective. In the area of financial regulation, we monitor developments and analyse policy issues from a financial stability and financial integration perspective, contribute to international and EU-level debates, and assess the impact of post-crisis regulatory reforms.

In your role as a trainee, you will be part of a team with approximately 20 members of staff responsible for policy relevant analysis and coordination of the ECB’s views on the issues outlined above. You will work closely with one or two experts, contributing to projects that are of relevance to the division you are assigned to.

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 your gender, gender identity, ethnicity, sexual orientation, age, religion, disability or other characteristics.

Your Role
As a trainee you will be entrusted with one or more of the following tasks:

participate actively in the general work of the DG/MF division to which you are assigned, including: (i) preparing data for regular internal and external publications, such as the Financial Stability Review; and (ii) providing support in the preparation of presentations for management and senior management;
contribute, through data collection and research assistance (including code development), to specific analytical projects, such as the development of tools for systemic risk identification (e.g. using network analysis, econometric modelling, agent-based modelling), and assessments of the impact of financial regulation and macroprudential policies;
contribute to the maintenance, updating and further development of databases for monitoring macroprudential policy actions and financial and real sector developments;
contribute to developing user visualisation tools, developing programmes/code for efficient data processing and facilitating user access to complex datasets;
contribute to developing and communicating policy stances through your analytical work, through data visualisation and/or support for policy secretariat functions;
contribute to developing models and tools for assessing the impact of systemic risks on the financial sector and the macroeconomy, including macro-financial linkages, also using macro and micro data.

Further details:
Traineeship in Macroprudential Policy and Financial Stability at European Central Bank