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 for policy decision-making 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 position offers you excellent opportunities to enhance your quantitative skills and work with experienced economists while gaining insight into analysis and 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 or another related field;

knowledge of statistical and econometric software, such as Python, R or Stata;

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 in economics, finance, econometrics, mathematics, statistics, data science or another related field (or being close to completing a degree in one of these fields);

experience with statistical software packages, such as Python, R, Stata or MATLAB;

experience working with relational databases, using SQL or other big data analytic tools;

experience using visualisation tools, such as Shiny or Plotly/Dash;

experience in econometrics (especially time series econometrics, econometrics of panel data and microeconometrics), or statistics and data science (e.g. web scraping, text analysis or other advanced machine learning techniques);

experience with assisting research, such as providing data support for research projects;

experience using market data services, such as Bloomberg, Thomson Reuters/Refinitiv (Eikon and/or Datastream), IHS Markit iBoxx, Haver Analytics, SNL Financial, Bureau van Dijk Orbis Bank Focus (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.