Financial Stability Expert – Macroprudential Policy

Finance & Economy Programme & Policy

Overview

Conduct analysis on macroprudential policies to support financial stability.

You have:

• A master's degree or equivalent in economics, finance or another relevant field.
• A minimum of four years' professional experience in the field of macroprudential policy and analysis.
• Proven ability to conduct analytical background studies on financial stability topics, including systemic risks, and to assess the macroprudential policy stance.
• Knowledge of the European macroprudential policy framework.
• Experience of presenting your analysis in a clear and concise manner for use in reports, publications and policy discussions.
• Ability to work with software such as Stata, MATLAB, Python or R.
• An advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU.
• A PhD in economics, finance or another relevant field.

Contract

This is a Fixed Term contract. More about Fixed Term contracts.

General Information

Type of contract Fixed-term contract, which may be extended subject to individual performance and organisational needs

Who can apply? EU nationals

Salary F/G (bracket 1 - step 1) full time monthly net salary: €5,743 plus benefits, for further information see what we offer.

Role specialisation FinancialStability&MacroprudentialPolicy

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 27.06.2025

Your team You will be part of the Macroprudential Policy Division in the Directorate General Macroprudential Policy and Financial Stability. Our Directorate General provides analysis and policy advice on issues relating to macroprudential policy, financial stability, risk assessment and financial regulation, as well as issues relating to financial stability arrangements.

In your role as a Financial Stability Expert, you will be part of a team of around 27 members of staff responsible for conducting analysis of the current macroprudential policy framework and policy implementation while also carrying out innovative analytical work. You will work closely with colleagues from national macroprudential authorities, the European Systemic Risk Board, European banking supervision and other business areas of the ECB.

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 Financial Stability Expert you will:

- conduct and support state-of-the art risk analysis and apply sound judgement to macroprudential policy issues, including at country level; - coordinate and contribute to briefings, notes, presentations, speeches and reports for the ECB’s committees and decision-making bodies; - keep abreast of theoretical and empirical developments in the field of macroprudential policy, for instance by attending workshops and conferences; - develop and maintain networks with counterparts at national central banks (which would include making country visits) as well as with those at supervisory authorities and European and international organisations (such as the European Systemic Risk Board, the European Commission and the International Monetary Fund).

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

The position offers you excellent opportunities to work in a stimulating environment, analysing macroprudential policies and thereby helping the ECB to fulfil its macroprudential mandate. 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 master’s degree or equivalent in economics, finance or another relevant field (see How you can join us for details on degree equivalences); - in addition to the above, a minimum of four years’ professional experience (other than as a trainee or intern) in the field of macroprudential policy and analysis; - a proven ability to conduct analytical background studies on financial stability topics, including systemic risks, and to assess the macroprudential policy stance; - knowledge of the European macroprudential policy framework; - experience of presenting your analysis in a clear and concise manner for use in reports, publications and policy discussions; - ability to work with software such as Stata, MATLAB, Python or R; - 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 PhD in economics, finance or another relevant field.

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.

Working modalities We would be happy to discuss a part-time arrangement for this role.

Further information The contract offered will be fixed-term, the appointment being for a two years as of the exact starting date of the selected person.

Temporary appointments may be extended or made permanent subject to organisational needs and budgetary constraints. This may result in a staff member with a non-convertible fixed-term contract being offered a convertible contract in accordance with the ECB Conditions of Employment.

For additional information on this specific vacancy, you can speak to the hiring manager, Lorenzo Cappiello, on +49 (0)69 1344 8765 between 12:00 and 13:00 on Wednesday, 25 June.

Application and selection process The recruitment process for this position will be conducted remotely. It will include a written exercise, a presentation and an 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.

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Potential interview questions

Added 1 year ago - Updated 11 months ago - Source: ecb.europa.eu