Traineeship in the Monetary Analysis Division in the Directorate General Monetary Policy

European Central Bank; Frankfurt; Vor Ort; EUR 80.000 - 100.000; Vollzeit

Zusammenfassung

A major central bank in Europe seeks a trainee to support economists with data analysis and contribute to monetary policy decisions. The role involves working with various datasets and enhancing data infrastructure. Candidates should have a relevant degree, experience with statistical software, and strong English proficiency. This position enhances quantitative skills within a multicultural team.

Qualifikationen

• Bachelor's degree or higher in relevant fields.
• Experience with statistical and econometric software.
• Good command of MS Office, especially Excel and PowerPoint.
• Fluent in English and another EU language.

Aufgaben

• Work with datasets, including financial data.
• Maintain and develop data infrastructure.
• Support economists and research analysts.
• Contribute to monetary policy decisions.
• Update charts and tables for reports.

Kenntnisse

Statistical software (Python, R, Stata, MATLAB)

Data analysis

Economics knowledge

Excel proficiency

Collaboration

Ausbildung

Bachelor's degree in a relevant field

Master's degree (or nearing completion)

Tools

Relational databases (SQL)

Data visualization tools (R Shiny, Plotly)

Jobbeschreibung

Your role

As a trainee you will :

• work with datasets, including macroeconomic and microeconomic data and high-frequency financial data;
• maintain, develop and enhance the Division’s data infrastructure, including its management tools and dashboards;
• work closely with the Division’s economists and research analysts, supporting the team with daily tasks and analytical projects;
• contribute to the Division’s input into monetary policy decisions by using data analysis and statistical and econometric tools to help with empirical assessments;
• update charts and tables for regular internal and external reports and presentations, liaising with other ECB business areas.

The traineeship offers you excellent opportunities to enhance your quantitative skills, work with experienced economists and gain an insight into data analysis and monetary policy within a central bank. 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

Essential :

• a bachelor’s degree or higher in economics, finance, econometrics, mathematics, statistics, data science, social sciences, computer science or another related field;
• experience with statistical and econometric software packages, such as Python, R, Stata and / or MATLAB;
• experience with one or more of the following types of economic data : macroeconomic data, financial market data, firm-level data, accounting / supervisory bank data, transaction-level data, high-frequency data, panel data, survey data, other microdata or large datasets (i.e. big data);
• a good knowledge of the MS Office package, especially Excel and PowerPoint;
• an understanding of the economic issues covered by the Division;
• an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the .

Desired :

• a master’s degree (or being close to completing a master’s degree) in economics, finance, econometrics, mathematics, statistics, data science, social sciences, computer science or another related field;
• experience working with relational databases, using SQL and / or other big data analytics tools;
• experience using visualisation tools, such as R Shiny, Shiny for Python and / or Plotly / Dash;
• experience in econometrics (especially time series econometrics, econometrics of panel data and micro-econometrics) or statistics and data science (e.g. web scraping, text analysis or other advanced machine learning techniques);
• experience assisting with research, such as providing data support for research projects;
• experience using market data services such as Bloomberg, LSEG (Eikon and / or Datastream), IHS Markit iBoxx, Haver Analytics, S&P Global SNL Sector Financials, Moody’s Analytics BankFocus (formerly Bankscope) and Orbis Europe.

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.