Traineeship in International Policy Analysis

European Central Bank; Frankfurt; On-site; EUR 11,000 - 15,000; Part time

Benefits offered by this job

Accommodation allowance

Job summary

The European Central Bank in Frankfurt is offering a traineeship in International Policy Analysis. You will join the International Policy Analysis Division to assist with data collection, analysis, tables, charts and presentations.

You will help maintain databases and quantitative tools, gaining exposure to global finance topics and macroeconomic research. A mentor will support your development during a 4–12 month period.

Qualifications

• Bachelor’s degree or higher in economics, econometrics, finance or related field.
• Experience collecting data from statistical agencies or data providers.
• Intermediate knowledge of programming languages (MATLAB, R, Python, SQL) and advanced Excel.

Responsibilities

• Assist with data collection and analysis, generate tables/charts, and prepare presentations.
• Maintain and develop complex databases monitoring global financial and monetary developments.
• Develop quantitative tools and modelling infrastructure.
• Contribute to analytical projects with research support.

Skills

Data analysis

Economics background

Programming skills

Excel proficiency

Quantitative research

Education

Bachelor's degree or higher

Master's degree near completion

Tools

MATLAB

R

Python

SQL

Job description

Traineeship in International Policy Analysis

International & European Relations

15298

General Information

Type of contract Traineeship

Who can apply? EU nationals eligible for our traineeship programme

Grant The trainee grant is €1,170 per month plus an accommodation allowance (see further information section)

Working time Full time

Place of work Frankfurt am Main, Germany

Your team

You will be part of a team in the International Policy Analysis Division of the Directorate General International and European Relations. Our Directorate General has 120 members of staff and prepares policy positions for the ECB, the Eurosystem and the European System of Central Banks on international and European issues (excluding positions on the macroeconomic policies of the euro area and EU Member States).

The International Policy Analysis Division is concerned with issues of systemic relevance to the global economy, global monetary and financial systems, and international financial architecture, covering topics such as global financial markets, commodities, exchange rates, international spillovers and globalisation.

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 age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.

Your role

As a trainee in the International Policy Analysis Division, 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 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.

Qualifications, experience and skills

• a bachelor’s degree or higher in economics, econometrics, finance, data engineering, data science, applied mathematics or a related field;
• a sound understanding of international finance, monetary economics, data science or international macroeconomics;
• experience in collecting data from statistical agencies, public sources or data providers (such as LSEG, Bloomberg, Haver Analytics or other market data services) and/or data analysis;
• an intermediate knowledge of one or more programming languages and/or econometric software packages (e.g. MATLAB, R, Stata, EViews, Python, SQL or Julia);
• an advanced knowledge of the MS Office package, in particular Excel;
• 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.

Further information

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 2027, while for others it will be in the late summer or autumn of 2027.

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.