The European Central Bank has launched: Traineeship in the Euro Area External Sector and Euro Adoption Division

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: 01.04.2025

Your team

You will be part of the Euro Area External Sector and Euro Adoption Division in the Directorate General Economics. The Directorate General Economics monitors and analyses the economies of the euro area as a whole, the individual euro area countries and the non-euro area EU countries.

Our Division comprises around 20 staff members and is responsible for analysing and conducting studies on international trade, the balance of payments and the international investment position, as well as on the price and non-price competitiveness of the euro area and of EU countries. In addition, we monitor and forecast macroeconomic developments in non-euro area EU countries and the euro area countries in central and eastern Europe, while also developing tools for these purposes.

Our output is an integral part of the policy advice the Directorate General provides to the ECB’s decision-making bodies for monetary policy meetings. It includes articles and studies in publications such as the ECB’s Economic Bulletin, Annual Report, Occasional Paper Series and Working Paper Series.

Trainees will focus on one or more of the Division’s three main areas of competence: (1) euro area trade and competitiveness, (2) the current and financial account of the euro area, and (3) the forecasting and surveillance of non-euro area EU Member States, as well as the euro area countries in central and eastern Europe.

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:

• maintain and enhance analytical, econometric and forecasting tools in the fields of trade, balance of payments and country analysis;
• orchestrate the processing, consolidation and transformation of datasets while maintaining and enhancing database infrastructures in order to monitor economic developments;
• support the team in collecting, processing and visualising data;
• conduct quantitative analyses for the economic and policy assessment of individual countries and the euro area as a whole;
• contribute to the Economic Bulletin and other regular internal and external publications produced by the Directorate General Economics in collaboration with other ECB business areas.

The position offers you excellent opportunities to work closely with the Division’s economists and contribute to long-term projects and short-term tasks, giving you valuable experience for your future career.

You will also be assigned a mentor and will be able to develop your potential and contribute significantly to the work we do. 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 economics or a related field;
• a working knowledge of applied econometrics, especially time series econometrics, panel data econometrics or microeconometrics;
• practical experience in handling and manipulating one or more of the following types of economic datasets: macroeconomic data, firm-level and/or other microeconomic data, financial market data;
• a good understanding of the economic issues covered by the Division and of the institutional framework of the ECB and the Eurosystem;
• a good working knowledge of the MS Office package, in particular PowerPoint and Excel;
• practical experience in working with statistical and econometric packages such as Stata, EViews or MATLAB, or with programming languages such as R or Python;
• 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 higher in economics or a related field, or nearing completion of such a qualification;
• experience in using market data services such as Bloomberg or Haver Analytics;
• practical experience in designing and programming automated reports and/or creating web applications using R Shiny.

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 six months, with a possible extension to up to 12 months in total. The positions will be filled from the summer of 2025 onwards.

Other details on the conditions applicable to traineeships at the ECB can be found on our website: https://www.ecb.europa.eu/careers/what-we-offer/traineeship/html/index.e...

Application and selection process

The recruitment process for this position will include an online interview.

 

The European Central Bank has launched: Traineeship in economic modelling in the Euro Area External Sector and Euro Adoption Division

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: 08.04.2025

Your team

You will be part of the Euro Area External Sector and Euro Adoption Division in the Directorate General Economics. Our Directorate monitors and analyses the economies of the euro area as a whole, the individual euro area countries and the non-euro area EU Member States.

Our Division has about 20 staff members and is responsible for analysing and conducting studies on international trade, the balance of payments and the international investment position, and the price and non-price competitiveness of the euro area and EU Member States. In addition, we monitor and forecast macroeconomic developments in non-euro area EU Member States and the euro area countries in central and eastern Europe, and develop tools for these purposes.

Our output is an integral part of the policy advice provided by the Directorate General to the ECB’s decision-making bodies for monetary policy meetings. It includes articles and studies in publications such as the ECB’s Economic Bulletin, Annual Report, Occasional Paper Series and Working Paper Series.

In your role as an economics modelling trainee, you will be expected to focus on one or more of the Division’s three main areas of competence:

the trade and competitiveness of the euro area; (2) the current and financial accounts of the euro area;

the forecasting and monitoring of developments in non-euro area EU Member States, as well as in euro area countries in central and eastern Europe.

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 in economic modelling you will:

• support the Division in developing and maintaining structural and/or time series models for the euro area;
• conduct quantitative analyses for the economic and policy assessment of the euro area as a whole and of individual countries;
• support the monitoring and forecasting of developments in a euro area country in central and eastern Europe;
• orchestrate the processing, consolidation and transformation of datasets while maintaining and enhancing database infrastructures in order to monitor economic developments;
• support the team in collecting, processing and visualising data and model-based results;
• contribute to the Economic Bulletin and other regular internal and external publications produced by the Directorate General Economics in collaboration with other ECB business areas.

The position offers you excellent opportunities to work closely with the Division’s economists and to contribute to both longer-term projects and short-term tasks, giving you valuable experience to help you launch a successful career. You will also be assigned a mentor who will help you to reach your potential, and you will have the chance to make a significant contribution to the work we do. 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 economics or a related field;
• experience in the area of macroeconomic modelling, with a focus on one or more of the following: DSGE models, time series econometrics (including Bayesian VAR models), factor models, state-space models, machine learning;
• practical experience of statistical and econometric packages such as Stata, MATLAB or Dynare, or programming languages such as R or Python;
• practical experience in handling and manipulating one or more of the following types of economic dataset: macroeconomic data, firm-level or other microeconomic data, financial market data;
• a good understanding of the economic issues covered by the Division and of the institutional framework of the ECB and the Eurosystem;
• a good knowledge of the MS Office package;

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: https://www.coe.int/en/web/common-european-framework-reference-languages...

Desired:

• a master’s degree or higher (completed or nearing completion) in economics or a related field;
• a sound understanding of international macroeconomics.

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 6 months, with a possible extension to up to 12 months in total. Earliest start dates will be in summer 2025.

Other details on the conditions applicable to traineeships at the ECB can be found on our website: https://www.ecb.europa.eu/careers/what-we-offer/traineeship/html/index.e...

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: https://www.ecb.europa.eu/careers/before-you-apply/how-to-apply/html/ind...

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.

 

The European Central Bank has launched: Traineeship in financial reporting in the Directorate Finance

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: 08.04.2025

Your team

You will be part of the Financial Reporting Section in the Directorate Finance.

In your role as trainee, you will be part of a team of 25 members of staff responsible for the accounting and financial reporting of the European System of Central Banks. Our work includes preparing the financial statements of the ECB and the Eurosystem, producing forecasts on the ECB’s financial situation for its decision-making bodies, and calculating and settling the monetary income of euro area national central banks. We work closely with other ECB business areas, including the Directorate General Market Operations, the Directorate Risk Management and the Directorate General Monetary Policy, and with euro area national central banks.

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 in financial reporting you will:

• help prepare ECB and Eurosystem financial statements and reports;
• support accounting for the ECB’s market operations and financial instruments, perform the related reconciliation process and follow up with relevant ECB business areas;
• collect and analyse balance sheets of national central banks and other financial data;
• provide analytical and quantitative support and address financial reporting queries, extracting relevant data from the ECB’s financial
• information systems and producing analyses for various stakeholders;
• collaborate and share knowledge with other ECB business areas and national central banks on various financial accounting and reporting
• topics;
• support the administration and development of information systems that are used for ECB and Eurosystem financial reporting;
• contribute to our digitalisation, automation and innovation plans.

The position offers you excellent opportunities to gain insight into how the ECB works, acquire hands on experience in the field of finance and put your theoretical knowledge into practice. 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 accounting, finance, business administration or another relevant field;
• a good understanding of one or more of the following areas: accounting and financial reporting, financial markets, financial instruments, financial statement analysis, financial risk management and information technology for financial applications;
• a good knowledge of the MS Office package, especially Word, 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: https://www.coe.int/en/web/common-european-framework-reference-languages...

Desired:

• good presentational skills;
• an advanced knowledge of MS Excel and other data management and analysis tools;
• experience in data processing and visualisation;
• knowledge of enterprise resource planning systems (such as SAP).

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 6 months, with a possible extension to up to 12 months in total.

Other details on the conditions applicable to traineeships at the ECB can be found on our website: https://www.ecb.europa.eu/careers/what-we-offer/traineeship/html/index.e...

For additional information on this specific vacancy, you can speak to Konstantinos Apostolou on +49 (0)69 1344 6432 between 15:00 and 17:00 on

Wednesday, 2 April 2025.

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: https://www.ecb.europa.eu/careers/before-you-apply/how-to-apply/html/ind...

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.

 

The European Central Bank has launched: Traineeship for a cognitive scientist in the Directorate Banknotes

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: 09.04.2025

Your team

You will be part of the Directorate Banknotes. Our Directorate has 76 members of staff who aim to safeguard the integrity of euro banknotes, ensuring that they remain an efficient means of payment and are protected against counterfeiting. We are currently coordinating all banknote development and production activities, both across the Eurosystem and with third parties.

In your role as a trainee, you will be part of the New Banknotes team of nine staff members responsible for the design and development of euro banknotes. We cover all technological aspects of banknotes, working closely with the Research and Development team and the Directorate’s Anti Counterfeiting Section.

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 in the New Banknotes team, you will:

• contribute to the design, execution and monitoring of testing procedures for new banknotes, assessing their perceptual impact, ease of use (both individual features and the banknote as a whole) and overall resilience to counterfeiting;
• participate in monitoring testing activities (such as laboratory tests and on-site production trials), supporting the establishment of specific banknote parameters;
• help assess tools and procedures measuring the behavioural, visual and haptic properties of banknotes.

The position offers you excellent opportunities to work closely with experts in the fields of banknote development, research and development, communication and counterfeiting. 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 cognitive psychology, cognitive science, neuroscience, neuromarketing, neuroscience of vision and perception or a related field;
• a good knowledge of the MS Office package;
• 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: https://www.coe.int/en/web/common-european-framework-reference-languages...

Desired:

• a master’s degree in cognitive psychology, cognitive science, neuroscience, neuromarketing, neuroscience of vision and perception or a related field;
• a good understanding of the statistical methods used to analyse quality control and measurement systems;
• the ability to keep up to date with new technological developments by actively monitoring scientific publications and other sources of information.

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 3 and 6 months, with a possible extension to up to 12 months in total.

Other details on the conditions applicable to traineeships at the ECB can be found on our website: https://www.ecb.europa.eu/careers/what-we-offer/traineeship/html/index.e...

Application and selection process

The recruitment process for this position will include a remote written exercise in the pre-selection phase and – if you are invited to participate in the subsequent selection phase – an online interview.

Further information on how to apply is available on our website: https://www.ecb.europa.eu/careers/before-you-apply/how-to-apply/html/ind...

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.

 

The European Central Bank has launched: Trainee Dutch translator

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: 09.04.2025

Your team

You will be part of the Language Services Division in the Directorate General Communications. We provide translation, editing, proofreading, and language technology and terminology services in all EU languages to support the ECB’s communication activities. Our work covers a wide range of texts for both expert audiences and the general public and includes multilingual content for our website aimed at making the ECB’s work accessible to non-expert readers.

In your role as a trainee Dutch translator, you will be part of a small team of Dutch translators working closely with other translators and editors, language technologists and language services administrators as well as with experts from across the ECB. You will also work closely with others in our Directorate General as part of cross-divisional teams handling strategic communication projects or urgent tasks.

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 Dutch translator you will:

• translate (non-legal) texts from English into Dutch;
• revise and proofread texts in Dutch;
• help to identify, extract and compile terminology, particularly in the fields of economics and finance;
• align previously translated documents so they can be added to our translation memory databases.

The position offers you excellent opportunities to use state-of-the-art language technology tools in your daily work and to gain an insight into language services activities in an EU institution. 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 modern languages or translation;
• familiarity with computer-assisted translation tools;
• a good knowledge of the MS Office package;
• a mastery-level (C2) command of Dutch and an advanced (C1) command of English, according to the Common European Framework of Reference for Languages: https://www.coe.int/en/web/common-european-framework-reference-languages...

Desired:

• completed courses in translation from English into Dutch and/or experience in English into Dutch translation;
• an interest in financial and economic affairs;
• an intermediate (B1) command of another official EU language.

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 four months, with a possible extension to up to 12 months in total subject to performance and budget. The traineeship is expected to start ideally on 1 September 2025.

Other details on the conditions applicable to traineeships at the ECB can be found on our website: https://www.ecb.europa.eu/careers/what-we-offer/traineeship/html/index.e...

For additional information on this specific vacancy, you can speak to Virge Juurikas on +49 (0)69 1344 4939 between 10:00 and 11:00 on Thursday, 3 April.

Application and selection process

The recruitment process for this position will include a remote written exercise and an online interview.

Further information on how to apply is available on our website: https://www.ecb.europa.eu/careers/before-you-apply/how-to-apply/html/ind...

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.

 

The European Central Bank has launched: Traineeship in Human Resources

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: 11.04.2025

Your team

You will be part of the Directorate General Human Resources, which has over 100 members of staff providing services to approximately 4,000 ECB employees. You will help us support the committed and talented people working for Europe and further improve the way we work together. You will help us develop agile, customer-centric and strategic HR solutions and services in the areas of staff/leadership development, performance and career management, talent acquisition, diversity and inclusion, business partnering, labour relations and stakeholder/employee engagement. 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 contribute to ongoing work and new initiatives in the Division you will be assigned to (Business Partnering Division or Talent Management Division). Based on your education, areas of expertise or knowledge and – whenever possible – your preferences, you will be assigned to one or more of the following teams, with various responsibilities.

Talent Management Division

• Development Experience: you will help design, develop and implement solutions, services and/or tools in fields such as talent acquisition, career development, including mobility and performance management.
• Talent Enablers and Culture: you will be involved in initiatives relating to staff engagement, working culture, diversity and inclusion, and HR communications.
• Learning Experience: you will contribute to developing, designing and implementing learning and development initiatives at the ECB and/or across the European System of Central Banks and the Single Supervisory Mechanism.

Business Partnering Division

• HR Business Partners: you will be part of a team that partners with all ECB leaders to have a strategic impact on a broad range of people matters. You will support the team in running their seasonal activities and preparing ad hoc initiatives.
• HR Employee Partners: you will be part of a team that advises employees on HR policies around professional development, supports their growth and builds engagement across the ECB. You will support the team in delivering their services – newcomer onboarding sessions, farewell talks, outreach to colleagues on unpaid leave and upskilling/training sessions.
• Talent Acquisition: you will support recruitment processes by conducting data analysis, carrying out benchmarking studies and contributing to employer branding and talent attraction initiatives.
• Stakeholder Engagement Hub (Labour Relations): you will support and facilitate the ECB’s interactions with staff representation bodies (Staff Committee and trade unions), contributing to a healthy social dialogue.
• Stakeholder Engagement Hub (Diversity and Inclusion – D&I): you will support the team in developing and implementing D&I initiatives and collaborating with key stakeholders within the ECB (e.g., D&I ambassadors from different business areas and the ECB diversity networks) and across the European System of Central Banks.

In most teams, you will be required to conduct data analysis and benchmarking, make suggestions to improve products and processes and contribute your knowledge and data skills to projects within the respective division. Some teams may also require knowledge of and/or practical experience in the field of multimedia (content creation, visual reporting, video editing, basic graphic design).

The position offers you opportunities to put the knowledge you have acquired during your studies into practice. You will gain an insight into the ECB’s activities and contribute to the ECB’s mission. 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 HR management, communication, business administration, social and organisational psychology, law or another relevant field;
• theoretical knowledge of and/or practical experience in one or more of the following areas: diversity and inclusion, employee engagement, employer branding, employment law, HR communications, industrial/labour relations, learning and development, leadership development, organisational psychology/culture, performance management, career management, onboarding and offboarding, employability, recruitment/talent acquisition;
• knowledge of data analysis, visualisation and reporting as well as the ability to present data in meaningful and engaging ways;
• demonstrated potential for growth and adaptability in a dynamic and digital work environment;
• sound communication skills including drafting and storytelling;
• a good knowledge of the MS Office package;
• 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: https://www.coe.int/en/web/common-european-framework-reference-languages...

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 six months, with a possible extension to up to 12 months in total. Your traineeship will start during the second or third quarter of 2025, depending on which team you join.

Other details on the conditions applicable to traineeships at the ECB can be found on our website: https://www.ecb.europa.eu/careers/what-we-offer/traineeship/html/index.e...

Application and selection process

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

Further information on how to apply is available on our website: https://www.ecb.europa.eu/careers/before-you-apply/how-to-apply/html/ind...

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.