Deadline: 25 April 2016
Open to: candidates from Member States with at least a bachelor’s degree or higher in a relevant field such as economics, finance, business administration, law or a related discipline
Remuneration: EUR 1,050
The Directorate General Market Infrastructure and Payments (DG/MIP) is seeking applications from recent graduates and/or from PhD students who have completed at least two calendar years of their PhD studies for a six-month traineeship (with the possibility of an extension to up to 12 months in total).
DG/MIP is responsible for the ECB’s activities related to the provision of payment and securities settlement services, the oversight of financial market infrastructures and payment instruments, and cooperation with market stakeholders to achieve financial market integration. It also works with financial institutions and non-euro area central banks on policy matters relating to regional and global developments in the field of market infrastructure and payments.
DG/MIP consists of four divisions: Market Infrastructure Development, Market Infrastructure Management, Market Integration and Oversight. Within the division to which the selected trainee(s) will be assigned he/she will work in one of the teams in charge of a particular dossier on the basis of his/her interests and profile.
Applicants must have the following knowledge and competencies:
For the PhD traineeship:
- A master’s degree in a relevant field and at least two years of PhD studies in a relevant field such as economics, finance, business administration, law or a related discipline.
For the bachelor/master traineeship:
- A bachelor’s degree or higher in a relevant field such as economics, finance, business administration, law or a related discipline.
For both types of traineeship:
- Basic knowledge of financial market infrastructures (payment systems/central securities depositories/securities settlement services/central counterparties) and/or the role of collateral and collateral management arrangements and/or payment instruments as well as financial markets/products would be an asset.
Applicants are accepted from nationals of the Member States of the European Union.
The trainee grant is the exact amount of EUR 1,050 per month. The trainee grant is increased to EUR 1,900 per month for trainees who have completed at least two years of PhD study and who apply for a traineeship vacancy that requires such a level of qualification.
How to apply?
In order to apply you should fill in the online application form latest by 25 April 2015.
For more information please visit the official website.