Research Analyst (ESCB/IO) - European Systemic Risk Board Secretariat

Analysis and Policy Advice, Knowledge, Information, Data&Statistics

ESRB Secretariat

9779

General Information
Type of contract Short-term contract, which may be extended to up to 36 months subject to individual performance and organisational needs

Contract end date 30.06.2026

Who can apply? EU nationals working for national central banks of the ESCB, international governmental organisations or other employers performing central banking or banking supervision tasks within the framework of the Eurosystem

Salary E/F (bracket 1 - step 1) full time monthly net salary: €5,914 plus benefits, for further information see what we offer.

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 21.05.2024

Your team You will be part of the Secretariat of the European Systemic Risk Board (ESRB), an EU body that brings together independent experts and representatives from some 80 different institutions. The ESRB is responsible for the macroprudential oversight of the EU financial system and thus helps to prevent and mitigate systemic risk. It collects and analyses information on a broad range of financial institutions and markets, monitors macro-financial developments and issues warnings and recommendations to policymakers and supervisors.

The ESRB Secretariat is part of the European Central Bank (ECB), and provides analytical, statistical, logistical and administrative support to the ESRB. Our tasks include identifying and analysing systemic risks to the EU financial system, proposing macroprudential policies and assessing the macroprudential policies of EU Member States, and preparing ESRB warnings and recommendations and monitoring their implementation. The Secretariat also works with national central banks, supervisory authorities and EU institutions, supports ESRB committees and working groups, and prepares documents for meetings of the ESRB’s General Board and substructures.

In your role as a Research Analyst you will support financial stability analysis and macroprudential policy work by providing high-quality data analysis.

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 Research Analyst you will:

• support and contribute to the analysis of a range of granular datasets to help identify systemic risk to financial stability in the EU;
• contribute to the analytical work of the ESRB Secretariat, particularly in the areas of data management and analysis (including banking, insurance and financial markets data);
• contribute to the preparation of reports, papers and presentations, and produce tables and charts;
• keep abreast of data sources, applications and publications that are relevant to work of the ESRB Secretariat;
• work closely with colleagues in the ESRB Secretariat and the ESRB community and establish and maintain working relationships with colleagues in other ECB business areas and ESRB member institutions.

We are seeking candidates for this role who demonstrate the potential for growth, and we will support the selected candidate in their future development of the required knowledge, skills or competencies.

The position offers you excellent opportunities to work at the heart of macroprudential policymaking in Europe and to interact with numerous stakeholders. 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 equivalent in finance, economics, accounting, law or another relevant field (see How you can join us for details on degree equivalences);
• in addition to the above, a minimum of two years’ professional experience (other than as a trainee or intern) in analysing financial sector developments from a financial stability perspective;
• practical experience of processing and analysing complex datasets;
• a good working knowledge of packages/languages such as SQL, R, Python, MATLAB and Stata;
• an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.

Desired:

• a master’s degree in finance, economics, statistics, data science or another relevant field;
• experience in processing and analysing large granular financial datasets (“big data”);
• familiarity with a broad range of standard databases that provide macroeconomic and financial data (e.g. Datastream, Bloomberg, Bankscope, Haver Analytics, or Dealogic) and official financial sector statistics (e.g. ECB, Eurostat or the Bank for International Settlements).

You engage collaboratively with others. You pursue team goals and learn willingly from other people’s diverse perspectives. You signal any need for change by explaining it and proposing alternative solutions. You analyse complex information effectively and can evaluate different views to arrive at solutions. You know and anticipate stakeholder needs.

You are motivated to be part of our team and to develop and use your skills and competencies to achieve the aims of this position.

You are aware of your strengths and areas for development and know what motivates you to perform at your highest level.

Further information The contract offered will be short-term ESCB/IO, the appointment being for 24 months as of the exact starting date of the selected person, extendable to up to 36 months.

Candidates must have a contract of employment with their home institution for a period of at least one year beyond the duration of the ECB contract being offered.

For additional information on this specific vacancy, you can email the hiring manager, Tuomas Peltonen, at [email protected].

Application and selection process If you are currently employed at an ESRB member institution but it is not on the ESCB/IO institutions list, please select “OTHER” in the application form.

The recruitment process for this position will be conducted remotely. It will include a written exercise, a presentation and a panel interview.

If you are not selected for this position but are still considered suitable, you will be placed on a reserve list (see step 4 of How we hire), from which you might be considered for similar positions within the ECB.

Find out how to apply for a position at the ECB.

Read more about joining us.