Frankfurt am Main, Germany
Internship Explorer
Internship Explorer
We are looking for graduates for up to 10 traineeships in the Secretariat of the European Systemic Risk Board (ESRB). The ESRB is an independent EU body responsible for the macroprudential oversight of the EU financial system and the prevention and mitigation of systemic risk. The ESRB brings together representatives from around 80 institutions, including central banks and supervisors, as well as independent experts. It collects and analyses information on a wide range of financial institutions and markets, monitors macro-financial developments, and issues warnings and recommendations to policymakers and supervisors. Further information is available on the ESRB’s website.The ESRB Secretariat is part of the European Central Bank (ECB) and provides support to the ESRB. Our tasks include identifying and analysing systemic risks in the EU financial system, assessing and proposing macroprudential policies, communicating ESRB warnings and recommendations and monitoring their implementation, cooperating with supervisory and other macroprudential authorities, supporting ESRB working groups and preparing documents for meetings of the ESRB General Board and its substructures. As a trainee, you will join one of three teams, focusing either on financial sector risk assessment, banks or non-bank financial intermediaries. These teams cooperate closely on analytical work to identify and assess systemic risks in the EU financial sector as well as on policies to address them, providing input to ESRB working groups and substructures. The content of your traineeship will depend on which team you join and your skillset. The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics. As a trainee you will: support the analytical and policy work of the ESRB Secretariat; analyse developments in the EU financial system, using various datasets and sources of information; contribute to the identification and analysis of financial stability risks related to the banking sector, non-bank financial intermediaries, financial market infrastructures and markets; provide input into the development and assessment of macroprudential policies in the EU; participate in and contribute to the work of ESRB substructures, including expert groups and task forces. The position offers you excellent opportunities to work on financial stability topics relating to the whole financial system. You will gain experience in both financial stability analysis and policy work through regular use of data analysis and models and by contributing to meetings, presentations and key ESRB reports. You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens. You will be assigned an experienced colleague as a mentor to provide you with support, advice and guidance on participating successfully in the traineeship.
