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 E/F (bracket 1 – step 1) full time monthly net salary: €4,401 plus benefits, for further information see what we offer.

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 31.10.2023

Your team

You will be part of the Front Office in the Directorate General Macroprudential Policy and Financial Stability. Our Directorate General provides analyses and policy advice on macroprudential policies and financial stability as well as on financial regulation and supervision. It identifies and monitors systemic risks stemming from the banking and the broader financial sectors in the euro area, including those risks emanating from market developments, insurance companies, pension funds and investment funds. The Directorate General is responsible, together with ECB Banking Supervision, for carrying out both stress-testing exercises to assess the banking system’s resilience and macroprudential stress tests covering the broader financial sector. It also prepares the ECB’s macroprudential policy decisions.

In your role as Financial Stability Analyst you will be part of a team of three members of staff in charge of the Securities Financing Transactions Data Store (SFTDS), along with a range of other tasks related to data management. You will be responsible for the day-to-day management of the SFTDS infrastructure, for liaising with colleagues in the Directorate General and beyond on the use of the related data, and for supporting relevant administrative and organisational activities. An important aspect of the role will be forging a close working relationship with IT colleagues. Beyond this, you will support data initiatives across the business area, assessing user needs, supporting small-scale data-related infrastructure projects and liaising with colleagues on other data-related topics.

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 Analyst you will:

•  manage the day-to-day operation of the SFTDS infrastructure;
•  coordinate with the relevant service providers to ensure that data are available and can be harnessed effectively for policy purposes;
•  collaborate with and provide support to data users both at the ECB and at Eurosystem national central banks, to ensure that their data needs are being met;
•  develop tools and methodologies that optimise the day-to-day operation of the service, the aim being to improve the efficiency of the service and data accessibility for users;
•  contribute to related policy work in the Directorate General;
•  create a network of SFTDS users across the Eurosystem and establish knowledge management practices that will result in enhanced cooperation;
•  support a broad range of data-related initiatives across the Directorate General.

The position offers you excellent opportunities to combine data, IT and financial market knowledge to develop and exploit a new and important financial dataset. 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 business administration, 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 two years’ professional experience (other than as a trainee or intern) in the field of financial stability;
•  a sound understanding of financial markets and related data;
•  experience in managing large data infrastructure from a user perspective;
•  a track record in supporting relevant policy work related to financial stability;
•  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 or equivalent in business administration, economics, finance or another relevant field;
•  knowledge of securities financing transactions and the related regulatory regime.

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 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 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 person.

For additional information on this specific vacancy, you can speak to the hiring manager, Edward O’Brien, on +49 (0)69 1344 6428 between 10:00 and 12:00 on Friday, 20 October.

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.

Read more about joining us.