- Type of contract:
- Fixed-term contract until 30 June 2021, which may be extended subject to individual performance and organisational needs
- Who can apply:
- I band and benefits
- Working time:
- Place of work:
- Frankfurt, Germany
- Closing date for applications:
- Wednesday, 16 January 2019
You will be part of the Monetary Policy Research Division in the Directorate General Research (DG/R). The Division has a team of around 35 members, responsible for carrying out the following tasks:
- conducting research on economic issues relevant to the conduct of monetary policy – this includes work on monetary policy strategy, the monetary transmission mechanism, international macroeconomics, the labour market, business cycles, economic growth and European monetary integration;
- developing models and analytical indicators for the areas outlined above;
- supporting other business areas by providing research and policy advice input on the areas outlined above, including model-based contributions to the ECB’s projections and monetary policy analysis;
- providing research-based policy advice to the ECB’s decision-making bodies.
To further enhance the diversity of our team, we particularly encourage applications from female candidates.
As a Research Adviser you will:
- conduct state-of-the-art research that helps to address key central bank policy issues and is ultimately published in top academic journals, and contribute to the intellectual leadership of the ECB within the global central bank-related research community;
- contribute to DG/R’s role as a valued source of policy advice within the ECB, the Eurosystem and the European System of Central Banks (ESCB) and advise on the planning, coordination and execution of policy-related research in the Division;
- lead research teams and coach professional staff to cultivate their capabilities in the field of monetary policy;
- foster collaboration with internal and external counterparts, particularly within the ECB, the research community, other central banks, policy institutions and think-tanks;
- steer the analytical infrastructure in terms of innovative approaches, methods and priorities;
- participate actively in the Divisional management team by sharing the collective organisational tasks and advising other team members on them.
The position offers you excellent opportunities to conduct and lead research on monetary policy, and to contribute to the intellectual leadership of the ECB. 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
- a PhD or a master’s degree plus four years of relevant experience and publication record in economics, finance or a related field (for details on equivalences, read more read more);
- extensive work and research experience of at least seven years in the areas of the ECB’s tasks and functions acquired at a university, a policymaking authority conducting important research activities, or a think-tank with a strong research orientation;
- an excellent research publication and citation record;
- an international reputation in the central bank-related research community, built among other things on regular, active participation in conferences and active networking with members of this community, as shown for instance by a broad co-authorship network, refereeing activities or conference co-organisation;
- a proven ability to direct and oversee research activities, including at least two years’ experience of leading research projects and/or teams;
- excellent communication skills, including a proven aptitude for presenting research results effectively to different audiences and in non-technical terms;
- an advanced command of English and a moderate command of at least one other official language of the EU.
- a research focus in monetary economics, with the emphasis on DSGE modelling;
- experience in providing policy advice, including drawing on research results and analytical models and effectively processing research-based policy work in a policy institution
- experience of guiding staff in making research usable for policy purposes and/or in preparing or supervising contributions to official publications;
- familiarity with the tasks and functions of central banks, including knowledge of the working methods of the Eurosystem, the ESCB and other EU institutions.
You engage collaboratively with others. You analyse complex information effectively and can evaluate different views to arrive at solutions. You pursue team goals and can draw on the strengths of a diverse team to get the best results. You facilitate change and can articulate strategic priorities and scenarios for your team.
We are willing to discuss part-time arrangements.
The formal title for this position will be Adviser.
For additional information on this specific vacancy, you can speak to the hiring manager, Michael Ehrmann, on +49 69 1344 8981.
The contract offered will be fixed-term, the appointment being until 30 June 2021, which may be extended subject to individual performance and organisational needs.
The recruitment process for this position may include an online interview via WebEx at the pre-selection stage and – if you are invited to participate further in the selection procedure – an on-site written exercise, a presentation and interviews.
Application and selection process
For further information on how to join us, read more.