Financial Market Analysts (2) DGM/MOF/MSI

The Directorate General Market Operations is seeking applications for Financial Market Analyst positions in the Market Operations Frameworks Division and the Market Operations Solutions and Innovations Division.

Our Directorate General has around 220 staff members ensuring that the ECB’s monetary policy decisions are implemented and appropriately reflected in financial markets.

In the Market Operations Frameworks Division, we monitor, analyse and assess the performance of the Eurosystem’s monetary policy implementation framework and structural developments in the Eurosystem’s balance sheet. We develop, maintain and assess the counterparty, collateral, emergency liquidity assistance, net financial asset, and domestic asset and liability management frameworks, coordinate the related inputs of the national central banks and assess related requests and developments. We formulate policy proposals to adjust the various frameworks to the challenges posed by climate change and by developments in financial technology.

In the Market Operations Solutions and Innovations Division, we support, maintain and develop the applications used to conduct the ECB’s monetary policy and portfolio management operations. We leverage technology to provide innovative solutions, including in process automation, data visualisation and analytics, for the entire Directorate General.

The positions offer unique opportunities to gain hands-on experience in central banking operations for applicants with an interest in financial data analysis, financial markets and/or monetary policy implementation.

We actively support professional development for our staff. Besides learning opportunities such as training and mentoring, we encourage and support horizontal mobility after some years in the same position.

Your role

As a Financial Market Analyst in the Market Operations Frameworks Division, you will:

• collect, manage and integrate data from different sources as part of one of our data management teams;
• visualise and communicate findings using tools such as Tableau, Power BI or Python;
• bring innovation to business processes by leveraging automation, new technologies, data analytics and visualisation tools;
• draft business requirements for relevant IT systems and business releases and contribute to software/IT system testing activities;
• develop tools to monitor and analyse the performance of the Eurosystem monetary policy implementation framework and its impact on the Eurosystem’s balance sheet and help prepare related policy proposals;
• work closely with our experts to adapt the Eurosystem monetary policy implementation framework to new technologies as well as the challenges of climate change and the application of climate change-related sustainable and responsible investment principles in Eurosystem non-monetary policy portfolios.

As a Financial Market Analyst in the Market Operations Solutions and Innovations Division, you will:

• drive innovation in business processes for the Division and the Directorate General Market Operations more broadly by leveraging automation, new technologies, data analytics and visualisation tools;
• take part in a range of machine learning and AI projects, including sentiment analysis, building large language model (LLM)-powered systems and performing statistical analysis;
• analyse and configure financial instruments in the ECB’s treasury management system and support users to ensure that operations run smoothly;
• help to support, maintain and develop applications used to conduct market operations;
• develop, perform and organise manual and automated testing of these applications.

As a Financial Market Analyst you will contribute to the operational and analytical tasks of the Directorate General, working closely with experts and other analysts.

You will have a unique opportunity to develop your teamwork skills and gain hands-on experience, delivering insights, findings, reports, presentations and other analytical outputs to colleagues in your division and diverse stakeholders across the Eurosystem.

For these roles we are seeking candidates who demonstrate the potential for growth, and we will support the selected candidate(s) in their development of the required skills.

Qualifications, experience and skills

Essential:

• a bachelor’s degree or equivalent in finance, economics, econometrics, STEM (science, technology, engineering and mathematics) or a related field;
• in addition to the above, a minimum of two years’ experience (including traineeships) in finance and/or financial markets;
• proven experience working with databases and related processes, such as loading, processing and disseminating data using standardised and modern information technologies, as well as developing dashboards, visualisations and reports;
• experience using one or more programming or query languages or tools used in economic and financial analysis (e.g. SQL, Python, R, VBA or Java);
• experience preparing, analysing and visualising complex data (e.g. financial market data, transaction-level data, micro data, high-frequency data or survey data);
• 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:

• knowledge of financial market instruments in the Eurosystem’s monetary policy implementation framework and/or experience of the Eurosystem’s monetary policy implementation processes and/or experience analysing treasury management system data;
• good drafting and presentation skills, including the ability to present complex issues clearly and concisely to non-specialist audiences, both orally and in writing.

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

Working modalities

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

Further information

The contract(s) offered will be fixed-term non-convertible, the appointment being for 12 or 24 months as of the exact starting date of the selected person.