The European Central Bank (ECB) is inviting applications for a Traineeship in the Macroprudential Policy Division. This role is ideal for students and graduates looking to develop technical skills while contributing to the financial stability of the euro area.

General Information

• Type of contract Traineeship
• Who can apply? EU nationals eligible for the traineeship programme
• Grant The trainee grant is €1,170 per month plus an accommodation allowance
• Working time Full time
• Place of work Frankfurt am Main, Germany
• Closing date 05.01.2026

About the Team

You will join the Macroprudential Policy Division within the Directorate General Macroprudential Policy and Financial Stability. The team consists of approximately 30 professionals responsible for providing policy advice on financial regulation, non-bank financial intermediation, and systemic risks. The division assesses country-specific risks in sectors such as real estate and banking, and carries out analyses helping the ECB implement macroprudential measures under the Single Supervisory Mechanism (SSM) Regulation.

Your Role

As a trainee, you will:

• Maintain and update complex data infrastructures used to identify systemic risks and monitor the financial sector.
• Develop tools for data processing, analysis, and visualization.
• Contribute to internal reports and external publications, such as the ECB’s Financial Stability Review.
• Support analytical projects through data collection, research assistance, and programming.

Qualifications and Skills

Essential:

• Education: A bachelor’s degree or higher in Finance, Economics, Statistics, Mathematics, Data Science, Computer Science, Engineering, or a related field.
• Technical: Practical experience with programming languages or econometric software (e.g., R, Stata, MATLAB, Python, or SQL).
• Knowledge: Sound understanding of statistical and econometric methods and experience handling diverse datasets.
• Languages: Advanced (C1) English and intermediate (B1) command of another official EU language.

Desired:

• A master’s degree (completed or near completion).
• Experience in machine learning, macroeconometrics, or time series analysis.
• Knowledge of banking sector regulation, bank balance sheets, or financial stability analysis.

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 mid-May 2026 and additional starting dates will be available throughout summer 2026.Other details on the conditions applicable to traineeships at the ECB can be found on their 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 their 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.