Traineeship in the Stress Test Modelling Division or the Systemic Risk and Financial Institutions Division at European Central Bank

You will be part of either the Stress Test Modelling Division or the Systemic Risk and Financial Institutions Division in the Directorate General Macroprudential Policy and Financial Stability. We work to identify and assess the main risks to financial stability in the euro area with a focus on the banking system and its interactions with the real economy and the broader financial system.

In your role as a trainee, you will join around 50 members of staff responsible for monitoring potential sources of systemic risk in the euro area and developing and maintaining state-of-the-art models that support stress test activities. We use econometric methods to assess the drivers of financial stability risks in the banking sector and the broader financial system, and we analyse the interaction between macroprudential policy, financial stability and monetary policy.

You will be part of a specialist team in one of the Divisions outlined above focusing on analysis and model development to inform policy decisions. The precise nature of the traineeship will depend on the team you join and your personal skill set.