The European Central Bank

Multiple industries


Research Analyst at The European Central Bank

Expires tomorrow

Type of contract

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

Contract end date


Who can apply?

EU nationals


E/F (1) (minimum monthly net salary €4,167 and benefits, see further information section)

Role specialisation

International and European Relations

Working time

Full time

Place of work

Frankfurt am Main, Germany

Closing date


Your team

  • You will be part of the External Developments Division in the Directorate General International and European Relations. Our Division has 28 members of staff and monitors and analyses economic developments and policies in non-EU countries and in the global economy.
  • The Division prepares macroeconomic projections, coordinates the international part of the ECB/Eurosystem staff macroeconomic projection exercise, and conducts simulation and scenario analysis relating to the international environment. It also prepares briefings and reports in its area of competence which are used to support the decision-making bodies of the ECB, the European Systemic Risk Board (ESRB) and the participation of Executive Board members and senior managers in international and European fora. Finally, the Division acts as the primary ECB contact for central banks and other institutions in non-EU countries.
  • 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

  • develop, maintain and document the data infrastructure that supports the monitoring, forecasting and analytical functions of the External Developments Division;
  • provide tabular and diagrammatic elaborations of data for internal documents, presentations and official ECB publications;
  • propose, develop and apply solutions aimed at enhancing the Division’s overall handling, processing and visual elaboration of data;
  • provide econometric and statistical support for the analytical and forecasting work of the Division.

The position offers you excellent opportunities to be actively involved in the development and application of the data infrastructure and modelling tools supporting the analysis of international macroeconomic developments and to gain insights into the workflows underpinning the preparation of monetary policy decisions and international policy meetings. 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

  • a bachelor’s degree or equivalent in economics, finance, statistics or another relevant field (for details on degree equivalences);
  • advanced data management and programming skills, coupled with fluency in the use of statistical and/or data handling software (such as R, EViews or STATA);
  • a sound macroeconomic background for understanding economic and financial developments at global and country level;
  • an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to .


  • experience in macroeconomic data processing, comprehension and elaboration acquired within a policy making environment (such as international organisations, central banks, Treasuries, etc.), preferably with an international economy focus;
  • a sound knowledge of time series analysis packages (such as MATLAB or Python).

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 use your skills and competencies to achieve the objectives of this position.

Working modalities

We are willing to discuss part-time arrangements.

Further information

  • The contract offered will be fixed-term, the appointment being for 24 months 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 (but not on the application process, for which links to relevant information are provided below), the hiring manager, Stylianos Makrydakis, will be available on 9 April 2021 between 13:00 and 15:00 to answer queries via email at

Application and selection process

For further information on how to join us, .

The recruitment process for this position may include a pre-recorded video interview in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – a written exercise and interviews.