2024 Graduate Internship Programme (Monetary and Economic Department)

Tags: internship Environment
  • Added Date: Tuesday, 20 February 2024
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2024 Graduate Internship Programme (Monetary and Economic Department) Office location: Basel Department: Monetary & Economic Department Unit: Service: Employment - Duration: 11 months Contract type: Fixed-term FTE%: 100 Application Deadline: 15/04/2024


2024 Graduate Internship Programme (Monetary and Economic Department)

The Bank for International Settlements (BIS) is looking for recent graduates to join the 2024 cohort of Graduate Interns. This is an 11-month internship that will allow you to use the knowledge you gained during your studies in a professional environment. Joining us is not just about launching your international career, it is about doing meaningful work for the public good and serving the global community.

Are you excited about data and leveraging new technologies? Are you motivated to put your knowledge and ideas towards meaningful work at the heart of the global financial system in collaboration with global experts? Would you like to benefit from sharing ideas and working with a collaborative team focused on topics relating to your studies? Would you like to contribute daily to the BIS鈥檚 mission and support our global central banking community? If so, you will thrive as part of our MED internship programme.

By joining the graduate internship programme in the Monetary and Economic Department (MED) you will:

have the opportunity to work in an international financial institution at the intersection of research and policy.

gain practical experience in data-related work supporting central banks and other financial authorities and contribute to high-level meetings and BIS publications.

work with top global experts within an intellectually stimulating organisational culture that emphasises effective collaboration, high-quality output and attention to detail.

enjoy exposure to ideas and a broad range of projects and play a valuable part in supporting the wider central banking community.

Purpose of the Internship Programme:

The programme is designed for recent graduates with no more than 12 months of overall full-time professional experience in a related field, aiming to enrich your work experience for a higher educational degree or a position at another organisation. The MED undertakes policy research and analysis relevant to central banks, including innovation, monetary and financial stability. It also organises and provides research to key meetings of senior officials in central banks and financial authorities. Depending on your skillset and experience, you will be assigned to one of the Statistics and Research Support units within MED.

Programme duration: 11 months

Programme location: Basel, Switzerland

Programme start date: October 2024

Principal accountabilities:

In close collaboration with analysts, data scientists and economists, contribute to the BIS鈥檚 publications and meeting materials.

Create graphs and tables for use in publications and at key meetings on global financial topics.

Maintain databases for internal and external use and provide solutions to issues related to large data sets, firm-level data and BIS statistics.

Conduct data quality control and help test and implement new statistical applications.

Support economic research and analysis by collecting, processing and conducting statistical and econometric analysis of data from a wide range of sources.

Create, maintain and automate data pipelines.

Implement interactive dashboards to explore and disseminate economic data.

Qualifications, skills, and experience:

Bachelor鈥檚 or master鈥檚 degree in a relevant field (e.g. Economics, Statistics, Computer Science etc.) completed in 2023 or 2024

Strong analytical skills

Data management, processing and visualisation skills

Programming skills in standard statistical packages (MATLAB, Stata, EViews) and/or other data management tools (Python, R, SQL)

Familiarity with various data sources would be an advantage (DataStream, Bloomberg, etc)

Passion for new technologies

What we offer:

The contract is for up to 11 months (non-renewable). This is a paid internship, and we cover health insurance, support with relocation and return travel, as well as accommodation in Basel.

Who we are:

The Bank for International Settlements is a diverse organization with colleagues from over 60 countries. By joining us in the international city of Basel, you will work in a unique, highly rewarding, and international work environment. We truly value diversity and inclusion and want to reflect the world we serve. We want the best people to work for us in an inclusive environment so welcome applications from all qualified candidates. At the BIS, we value equality and diversity in all its forms and one way we support diversity and inclusion is through our staff-run networks. You can discover more about diversity at the BIS here.

Application process:

The application deadline is 15 April 2024. Interviews will be conducted in April and May, with employment offers being extended in June 2024.

We strive to ensure that individuals are provided reasonable accommodation to participate in the application or interview process, and to perform essential job functions. Should you wish to request accommodation, support in completing this application or participating in the application process, then please reach out to the recruitment team at staffing@bis.org.

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