General Information
Type of contract Traineeship
Who can apply? EU nationals eligible for our traineeship programme
Grant The trainee grant is €1,170 per month plus an accommodation allowance (see further information section)
Working time Full time
Place of work Frankfurt am Main, Germany
Closing date 07.09.2026
Your team
You will be part of the Market-based Finance
Division in the Directorate General Macroprudential
Policy and Financial Stability. Our Directorate
General has more than 100 members of staff providing
analysis and policy advice on issues relating to
financial stability, non-bank financial
intermediation, financial regulation and
macroprudential policy.
The Market-based Finance Division assesses and
mitigates the systemic risks arising from the
activities and behaviour of non-bank financial
intermediaries. We also monitor financial stability
risks in financial markets, coordinate the Directorate
General’s market intelligence activities and improve
understanding of how market-based finance interacts
with monetary policy.
In your role as a trainee, you will be part of a
team of approximately 20 members of staff responsible
for policy-relevant analysis, model and
data-infrastructure development and the coordination
of the ECB’s views on the issues mentioned above.
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 trainee, you will:
- participate actively in the general work of the Division by (i) contributing to analyses for inclusion in regular internal reports and external publications such as the ECB’s Financial Stability Review, (ii) contributing – through data processing, research assistance and programming – to analytical projects focused on issues currently of interest to the Directorate General, and (iii) helping to prepare presentations and notes for stakeholders;
- maintain, update and further develop data infrastructures used for identifying systemic risk and analysing developments in the non-bank financial sector and financial markets;
- develop tools for efficient data processing, data analysis and data visualisation, while helping ensure users can access complex datasets.
The traineeship offers you excellent opportunities
to familiarise yourself with key aspects of financial
stability in the euro area and to develop your
technical skills by participating in a variety of
regularly performed tasks and projects. You will be
able to develop your potential and quickly make a real
difference to the work of the Division. As a trainee,
you will have the opportunity to work in a team
alongside committed and highly qualified colleagues
and leaders in the field of financial stability and
macroprudential policy.
You will be able to attend a wide range of seminars
and will have access to the ECB’s library as well as
its computing, programming and statistical resources.
You will have the opportunity to network and engage
with other employees, grow personally and expand your
business knowledge. 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, statistics, mathematics, engineering, business administration, physics, computer science or a related discipline;
- a good understanding of and practical experience working with one or more programming languages and econometric software packages (e.g. R, Stata, MATLAB, Python or SQL);
- experience in preparing, handling and analysing datasets based on various data sources;
- a good knowledge of the MS Office package, in particular Excel and PowerPoint;
- 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 studies towards a master’s degree that are close to completion, in finance, economics, statistics, mathematics, engineering, business administration, physics, computer science or a related discipline;
- initial experience using AI tools in research, analysis or data processing to improve efficiency and automate workflows;
- knowledge of financial markets and financial sector analysis;
- experience in using financial and economic databases (e.g. the ECB Statistical Data Portal, Bloomberg, LSEG Workspace, EPFR, Lipper, PitchBook or other commercial or public data sources).
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.
Further information
Initial traineeship of between three and six
months, with a possible extension to up to 12 months
in total. The earliest starting date will be December
2026, and additional starting dates will be available
throughout 2027.
Other details on the
conditions applicable to traineeships at the ECB
can be found on our website.
Application and selection process
The recruitment process for this position will
include an online interview.
Further information on
how to apply is available on our website.
If you are not selected for this position but are
still considered suitable, you will be placed on a
reserve list for 12 months from the closing date for
applications, from which you might be considered for
other traineeship positions within the ECB.