Your role
As a Financial Markets Expert you will:
1. contribute to the coordination and management of the ECB’s foreign reserves, including proposing and implementing changes to the tactical benchmark for USD, JPY or CNY portfolios;
2. contribute to policy notes and briefings for Committees and Working Groups of the European System of Central Banks, as well as for the ECB’s decision-making bodies and senior management;
3. continuously monitor and report on international financial market developments, with a focus on the USD, JPY and CNY markets, including establishing and maintaining contact with counterparties;
4. analyse relevant market trends and their implications for the management of the ECB’s foreign reserves.
The position offers you excellent opportunities to work alongside highly motivated colleagues with a finger on the pulse of global financial markets. 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
Essential:
5. a master’s degree or equivalent in economics, finance, business administration or another relevant field (see for details on degree equivalences);
6. in addition to the above, a minimum of three years’ experience in managing foreign reserves or in monitoring and analysing financial markets, ideally with a focus on USD, JPY or CNY fixed income markets;
7. sound knowledge of Microsoft Office (e.g. Word, Excel, PowerPoint) and market information systems (e.g. Bloomberg, Reuters);
8. thorough understanding of asset management, the financial markets and financial system;
9. proven experience in preparing and drafting policy notes and briefings on financial market developments, as well as presenting findings to decision-makers;
10. a proven ability to (i) collaborate in and across teams, (ii) communicate complex issues clearly, (iii) analyse and synthesise information from multiple sources to make recommendations to senior stakeholders, (iv) work independently and adapt to changing needs, (v) pay attention to detail, and (vi) deliver high-quality results within tight deadlines;
11. an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the .
Desired:
12. experience with fixed income and money market instruments;
13. knowledge of portfolio management systems (e.g. Tradeweb, Wallstreet Suite);
14. ability to analyse policy and market functioning issues within the broader context of financial markets and financial systems;
15. thorough analytical skills, experience in data analysis and quantitative techniques (e.g. statistical and econometric techniques) and the ability to present the results of analytical work;
16. a formal qualification in financial analysis and markets, such as the CFA Charter or the ICMA International Fixed Income and Derivatives Certificate/Diploma in Securities and Derivatives.
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
To enable the Section to maintain its business continuity capability, you will occasionally be expected to perform work during non-standard working hours and work at the ECB’s standby sites.We would be happy to discuss a part-time arrangement for this role.