Your role

As a trainee in the Directorate General Market Operations you will:

collect, manage and integrate data from different sources as part of one of our data management teams;

innovate business processes by leveraging automation, new technologies, data analytics and visualisation tools, in collaboration with other ECB business areas;

analyse financial market developments using granular data and compile regular reports, for example on developments in the government bond, foreign exchange and money markets;

produce analyses and summaries of meetings with external counterparties and on the activities of market contact groups;

monitor the performance of the Eurosystem monetary policy implementation framework, changes in Eurosystem balance sheet items, and bidding behaviour in standard refinancing operations;

test software and configure financial instruments in the treasury management system and support users to ensure that Eurosystem operations are processed smoothly;

help assess the financial eligibility of monetary policy counterparties and enhance the Eurosystem collateral framework from a policy, operational and technical standpoint;

perform reconciliation activities.

The position offers you excellent opportunities to dive deep into data, experience a dynamic operational environment and contribute to a larger mission. You will also have extensive exposure to financial markets and monetary policy implementation. Throughout your traineeship you will learn and contribute to the goals of your team while collaborating with more senior colleagues.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 finance, economics, econometrics, mathematics, statistics, computer science or a related field;

a sound understanding of financial markets, including ECB or Eurosystem operations;

experience using one or more of the following: SQL, Python, R, Java, MATLAB, Stata, Tableau, MS Power BI, VBA, Bloomberg or Refinitiv Eikon/LSEG Workspace;

experience preparing, analysing and visualising complex data, such as financial market data, transaction-level data, micro data, high-frequency data or survey data;

a good knowledge of the MS Office package, including an advanced knowledge of MS Excel;

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 finance, economics, econometrics, mathematics, statistics, accounting, computer science or a related field;

a solid background in econometrics, statistics, data science or machine learning techniques.

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.