Senior Financial Market Experts (2) DGM/LAI

Senior Financial Market Experts (2) DGM/LAI

General Information

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

Who can apply? EU nationals

Role specialisation Market Ops Policy & Implementation

Shift? Yes

Closing date 24.03.2026

Your team

You will be part of the Liquidity and Investments Division in the Directorate General Market Operations. Our Division has around 50 staff members who are responsible for implementing monetary policy, managing the ECB’s foreign reserves and conducting foreign exchange operations, as well as for monitoring, reporting on and analysing financial market developments. We are a highly motivated, multicultural team that keeps its finger on the pulse of domestic and global financial market trends, and strives for continuous innovation and excellence in operations and operational readiness.

In your role as Senior Financial Market Expert, you will be part of the Division’s Domestic Market Section, which is a team of 25-30 people tasked with implementing monetary policy operations, managing the monetary policy portfolios, including securities lending operations, and monitoring, reporting on and analysing developments in euro area interest rate markets. You will work closely with colleagues in the other divisions of the Directorate General and in other business areas, as well as with counterparts at the national central banks of the Eurosystem. You will also have regular exchanges with our market counterparts.

Your role

• participate in the operational activities of the Domestic Market Section related to the implementation of the ECB’s monetary policy, including both the conduct of regular refinancing operations and any work arising from the portfolios related to the asset purchase programme and pandemic emergency purchase programme;
• be actively involved in the analysis, assessment and operationalisation of decisions on monetary policy implementation;
• lead the preparation of policy notes and briefing material for the ECB’s decision-making bodies and senior management;
• regularly monitor and report on developments in financial markets, particularly euro area bond markets and money markets, including establishing and maintaining counterparty contacts;
• analyse relevant new market trends, e.g. in the field of tokenisation, as well as their implications for monetary policy implementation;
• take part in the follow-up work related to the review of the Eurosystem’s operational framework and support the work of ECB/Eurosystem committees or working groups, as well as of external market contact groups.

The position offers you excellent opportunities to contribute to the implementation of monetary policy in the euro area and to deepen your understanding of financial market trends and developments. 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 master’s degree or equivalent in economics, finance, business administration or another relevant field;
• in addition to the above, a minimum of seven years’ relevant professional experience (excluding internships and traineeships) in monetary policy implementation (e.g. conducting monetary policy operations, asset purchases and/or liquidity management) or in monitoring, analysing and reporting on euro area financial markets;
• sound understanding of market information systems (e.g. Bloomberg or Reuters), and experience working with portfolio management systems or liquidity management systems;
• proficiency in the MS Office package, in particular Word, Excel and PowerPoint;
• proven in-depth knowledge of monetary policy operations, financial markets and the financial system;
• awareness of nascent trends and developments, e.g. in the field of tokenisation, and of their impact on the ECB’s monetary policy operations;
• a track record in preparing and drafting policy notes and regular briefings on financial market developments and/or policy implementation issues, and in presenting related findings to decision-makers;
• an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU.

Desired:

• the ability to examine analytical and policy issues, including market functioning issues, within a broader financial market and financial system context;
• experience applying quantitative techniques and econometric techniques, and presenting the analytical findings;
• a professional qualification in financial analysis and markets, such as the CFA charter or equivalent.

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 be part of our team and to develop and use your skills and competencies to achieve the aims of this position. You are aware of your strengths and areas for development and know what motivates you to perform at your highest level.

Working modalities

To enable the Section to cover the European and part of the Asian and US trading sessions, you will be expected to work in a shift system.

In addition, to enable the Section to maintain its business continuity capability, you will occasionally be expected to perform work during non-standard working hours and work at the ECB’s standby sites.

We would be happy to discuss a part-time arrangement for this role.

Further information

The contracts offered will be fixed-term, the appointments being for 14 months each, 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.