Your team You will be part of the Bank Lending Conditions Section in the Directorate General Monetary Policy’s Monetary Analysis (MAY) Division. Our Directorate General monitors and analyses the monetary policy strategy and monetary policy stance of the ECB’s Governing Council, as well as monetary and financial developments. It also analyses strategic aspects of monetary policy, such as the transmission of monetary policy impulses, the term structure and links with financial stability. We are currently working on the monetary policy response to inflation and its transmission to the broader economy.

In your role as Senior Lead Economist, you will be part of a section of around 20 members of staff responsible for analysing the transmission of monetary policy via banks and assessing bank liquidity and funding conditions across the euro area. The Section monitors the evolution of bank lending conditions and uses state-of-the-art empirical methods applied to granular data taken from credit registers, firms’ balance sheets and information provided by banks, including the ECB’s bank lending survey, for which we are responsible. We also assess the implications that banks’ regulatory and supervisory frameworks have for the monetary policy transmission mechanism and the wider economy. You will work closely with the staff and management team of both the Division and the Directorate General, as well as stakeholders in other business areas.

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 Senior Lead Economist you will:

- coordinate the Section’s contributions to the flagship products of the Division and high-level policy documents, in collaboration with other business areas, including speeches by Executive Board members; - engage and collaborate with staff members and management both inside and outside the Division and the Directorate; - contribute to monitoring and designing monetary policy instruments aimed at supporting the transmission of monetary policy via banks; - foster the consolidation and further growth of the team as a key contributor to the assessment of monetary policy transmission in the euro area; - present and discuss key policy issues in ECB and Eurosystem fora.

The position offers you excellent opportunities to contribute to shaping the understanding of the transmission of the monetary policy response to inflation and the broader economy. In doing so, you will work with and be supported by a highly motivated and skilled team using state-of-the-art empirical methods and unique data sources. 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 seven years’ professional experience (other than as a trainee or intern) in preparing policy-related analytical material; - experience in coordinating colleagues, projects and/or workstreams; - a sound understanding of the transmission mechanism of monetary policy via banks; - experience in preparing high-quality policy documents, drawing on state-of-the-art analytical studies and models; - excellent written and verbal communication skills; - 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 or a research and publication record in economics, finance or another relevant field; - experience gained in a central bank or comparable international institution.

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 skilled at encouraging people to develop their abilities and are able to build up high-performing teams.

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.

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

Further information 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.

The contract offered will be fixed-term, the appointment being for 12 months as of the exact starting date of the selected candidate.

For additional information on this specific vacancy, you can contact the hiring manager, Lorenzo Burlon, at [email protected]

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.

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