Internship

ABN AMRO Bank N.V.; Amstelveen; On-site; EUR 4,500 - 7,800; Part time

Benefits offered by this job

Laptop provided

Travel allowance

Internship compensation

Networking events

Hybrid working environment

Job summary

ABN AMRO Bank N.V. is offering a Macro internship within Group Economics, based in the Netherlands. You will assist in delivering macroeconomic analysis, data processing and policy insights for internal and external stakeholders.

You will support economists, work with datasets from Eurostat and central banks, and contribute to outlook discussions while developing forecasting skills in a hands-on environment.

Qualifications

• Enrolled in a BSc/MSc in Economics, Econometrics, Political Economy, Public Policy, Finance or related field.
• Strong interest in macroeconomics and eurozone/UK outlook.
• Analytical and numerical skills with ability to interpret data.
• Excellent English, both written and spoken.
• Basic Excel; Python knowledge preferred.
• Ability to clean and interpret economic time series.

Responsibilities

• Monitor eurozone and UK macro developments and policy drivers.
• Support economists with data analysis and charts.
• Source and process macroeconomic datasets from Eurostat, ECB, BoE and others.
• Translate research into insights for stakeholders.
• Collaborate with group economics and other teams on projects.
• Assist in forecasts and research notes for publications.

Skills

Interest in macroeconomics

Analytical thinking

Verbal and written communication

English proficiency

Excel basic

Python knowledge

Empirical analysis understanding

Time series interpretation

Education

BSc or MSc in Economics/related field

Tools

Excel

Python

Job description

At a glance

Are you a motivated student with a passion for macroeconomics and the outlook for the eurozone economy? Would you like to help strengthen the quality of our research by delivering insightful and relevant analysis of economic, policy and political developments for internal and external stakeholders?

Then this internship at ABN AMRO's Group Economics is exactly what you're looking for.

Our macro team provides timely analysis of economic developments, policy choices and the outlook for the eurozone, the UK and the global economy. We are looking for an independent intern who can help us conduct quantitative and qualitative analyses that turn economic data and political developments into clear insights. You will support experienced economists in monitoring the eurozone and UK economies, assessing growth and inflation dynamics, central bank policy, fiscal policy and political developments, and translating these into implications for the economic outlook. This is a hands-on role with real exposure to live research workflows, economic forecasting and policy analysis.

The team

Group Economics conducts economic and market research for the entire bank and all its client groups. Our research is independent, but we collaborate closely with other business units. We support senior management and all customer segments by providing insights that help them make informed decisions. We prioritize based on what matters most to the bank, aiming for optimal value creation for the bank and its clients.

We are recognized as original thinkers and experts in our field and differentiate ourselves from competitors in this way. ABN AMRO has a culture of collaboration and continuous learning. Only with this mindset, do we unleash the best in ourselves and can deliver perform at a high standard. Our people are resourceful, trust each other and go that extra mile to help customers and each other.

Group Economics consists of several teams, such as the financial markets team, macro team, sustainability team and the Netherlands team.

Your job

As a Macro intern, you will help Group Economics provide timely and relevant macroeconomic research. Your tasks include:

• Monitor and analyse macroeconomic developments in the eurozone and the UK, including growth, inflation, labour markets, fiscal policy and monetary policy
• Track political developments and assess how policy choices, elections, geopolitical events and institutional decisions translate into economic outcomes
• Source, clean and process macroeconomic datasets from sources such as Eurostat, national statistical offices, the ECB, the Bank of England and other public data providers
• Support economists in preparing charts, data analysis and written input for macroeconomic research notes, presentations and forecasts
• Contribute to analysis of the eurozone outlook, including country-level developments, policy risks and the interaction between politics and the economy
• Help translate macroeconomic trends and policy developments into clear implications for the bank, its clients and broader economic stakeholders

You work closely with colleagues from the macro team, while also engaging proactively with other Group Economics teams, such as financial markets, sustainability, the Netherlands team and data analysts.

Your profile

You are a naturally curious person with a strong interest in macroeconomics, especially the working and outlook of the eurozone economy and the UK economy. You follow economic and political news closely and are motivated to understand how political developments translate into economic outcomes. You are a quick learner, enjoy working with experts and are not afraid to ask questions. You are communicative, analytical and motivated to quickly develop new skills.

Preferably, you also:

• Are enrolled in a BSc or MSc in Economics, Econometrics, Political Economy, Public Policy, Finance or a similar field
• Have a clear and demonstrable interest in macroeconomics, particularly the functioning and outlook of the eurozone economy
• Have demonstrable knowledge of the UK and eurozone economies, including key growth, inflation, labour market, fiscal and monetary policy drivers
• Have an interest in political developments and understand how politics, policy decisions and institutions can affect the economy
• Have basic knowledge of Excel; knowledge of Python is preferred
• Have a clear understanding of empirical analysis, economic modelling or forecasting techniques
• Have the ability to clean, structure and interpret economic time seriesHave a strong eye for detail
• Have strong verbal and written communication skills
• Have an excellent command of English, both spoken and written
• Are available for working 4 or 5 days a week

What we offer

A challenge that allows you to develop further! You'll have flexibility in your work and the opportunity to contribute to our financial markets research while learning a lot along the way.

Additionally, we offer:

• A personal laptop
• Travel allowance
• Internship compensation
• Access to all ABN AMRO networking events
• The chance to learn from experienced professionals and be part of strategic decision-making
• A stimulating work environment where you can further develop your skills
• A valuable internship experience within a leading financial institution
• An informal atmosphere surrounded by top professionals
• A hybrid working environment

Please note: you must hold a valid work permit or a student internship agreement.