The European Central Bank

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PhD Traineeship, External Statistics and Sector Accounts Division at The European Central Bank

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Your Team

You will be part of the External Statistics and Sector Accounts Division in the Directorate General Statistics. The Directorate General is responsible for developing, compiling and disseminating the statistics and related statistical indicators that the ECB uses to conduct monetary policy and banking supervision, and which also enable the other tasks of the ECB, the Eurosystem and the European System of Central Banks to be carried out. In addition, we provide statistical support to the European Systemic Risk Board and ECB Banking Supervision.

You will join the Sector Accounts and Fiscal Statistics Section. We are a team of 20 staff responsible for, among other tasks, compiling and disseminating the quarterly integrated euro area accounts. We also take an active role in the development of distributional national accounts and the monitoring of key developments in non-financial national accounts.

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 your gender, gender identity, ethnicity, sexual orientation, age, religion, disability or other characteristics.

Your Role

As a PhD trainee you will:

  • contribute to the development of distributional financial accounts for the euro area by linking micro data from the Eurosystem Household Finance and Consumption Survey (HFCS) with the household sector macro data included in financial accounts (FA), as well as analysing this linkage further and investigating potential analytical uses;
  • prepare documents for meetings of experts from national authorities;
  • develop and refine estimation methods to estimate distributional financial accounts by linking the HFCS and FA;
  • enhance and maintain the software (programmed in R) used to produce distributional financial accounts;
  • complete a conceptual or empirical study suitable for presentation at an internal seminar and/or to experts from national authorities.

The position offers you excellent opportunities to gain an insight into conceptual, methodological and operational work on statistics in a policy-oriented environment and work independently, under the guidance of a mentor. 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: 

  • a master’s degree in economics, econometrics, statistics, mathematics, social sciences or another relevant discipline together with at least two years of PhD studies in one of these fields;
  • competence in the use of statistical and/or mathematical software packages (preferably R), time series analysis packages (e.g. Stata or similar) and related computer programming experience; or, alternatively, experience in dealing with large and complex datasets (e.g. survey data or micro data);
  • an advanced command of English and an intermediate command of at least one other official language of the EU.

Desired: 

  • knowledge of national accounts (financial and/or non-financial), or related economic statistics, e.g. monetary statistics and/or household surveys, together with use of these data in applied research or analysis;
  • knowledge of or experience in financial instruments and/or in statistical methods (e.g. statistical modelling and inference, extrapolation methods).

You are curious and eager to learn, and want to further develop your ability to analyse complex information. You are keen to collaborate with others, pursue team goals and learn from other people’s diverse perspectives. You strive to know and anticipate stakeholder needs, and will signal any need for change and propose alternative solutions.

Further Information

The planned starting date is 1 September 2019 or as soon as possible thereafter.

The recruitment process for this position may include a remote written exercise at the screening stage and – if you are invited to participate further in the selection procedure – an online interview via WebEx.

Application and selection process

Apply via the "Apply Now" button.

For further information on how to join us, read more.

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