Financial Sector and Market Analysis Expert
Position overview
Job category Economics and Policy Strategy
Job Function
Employment grade
Schedule Full time
Type of contract Regular
Location Luxembourg
Job description
Deadline for application: 21 July 2025. The Financial Sector and Market Analysis division of the Chief Economist department at the European Stability Mechanism (ESM) is seeking an expert in financial sector and market analysis to join its team. The selected candidate will report to the Head of Financial Sector and Market Analysis.
The Financial Sector and Market Analysis division analyses risk developments in the euro area financial sector and investigates macrofinancial interlinkages and policy implications for the euro area and its member states. To this end, the division provides risk analysis on financial sector developments and market activity of bank and non-bank financial institutions and develops technical advice on regulatory and policy matters related to the euro area financial sector and its member states. The division also follows the market activity of financial institutions and the related indicators to complement its fundamental macroanalyses with the market view. The division is responsible for analysing large data sets including banking, non-banking and corporate micro data, sectorial statistics, market indicators, interest rates, stock prices, etc., and is a key contributor to the design and implementation of analytical tools for the ESM to achieve its mandate.
The successful candidate will be part of a team tasked with the enhancement and implementation of an existing analytical toolkit to detect risks stemming from the banking and the overall financial sector.
Key Accountabilities
- Serve as subject matter expert on financial sector risks, financial stability, and macrofinancial linkages.
- Provide top quality analysis of risks and vulnerabilities in the euro area financial sector with focus on the banking and/or non-bank financial sector, including investment funds, insurance companies, and pension funds.
- Monitor systemic institutions and/or activities that may affect financial stability in the euro area.
- Analyse macrofinancial linkages between the non-financial and financial sectors to identify financial stability risks and their impact on the real economy.
- Contribute to research, policy notes, and briefings on financial sector and capital market developments and on emerging risks in the sector.
- Contribute to developing and implementing analytical tools to identify factors affecting the financial sector in specific countries and in the euro area.
- Support scenario simulations and back-testing analyses.
- Provide analytical assistance for the design, implementation, and monitoring of financial sector policies in beneficiary member states.
- Support country team coordinators in performing beneficiary member states’ monitoring activities within the ESM Early Warning System.
Key Background & Experience
- Advanced university degree, preferably in economics, banking and finance, or econometrics. A relevant PhD would be an asset.
- Relevant work experience of at least four years is required for an Expert and at least eight years for a Senior Expert. For PhD holders, up to two years of relevant research work performed in the context of PhD studies can be considered as relevant work experience.
- Relevant experience in banking and/or non-banking industry analysis with a solid background in applied economics and research is required.
- Experience in quantitative analysis related to financial sector, financial markets, or applicable to economic and financial data as well as experience with large scale datasets would be considered an advantage.
- Experience with data providers’ tools (e.g. Bloomberg, Lipper, Dealogic, etc.) and in analysing financial institutions’ performance with public databases (e.g. S&P, Fitch Connect, etc.) would be an asset.
- Ability to transform data into compelling and influential written and oral arguments.
- Proven ability to draft technical documents and present information professionally and concisely.
- Experience working with cross-functional and international teams would be an asset.
- Demonstrated ability to consistently produce high-quality, evidence-based work
- An academic publication track record would be an asset.
- Excellent oral and written English skills, additional languages are an asset.
Key Competencies
- Resilience, flexibility, and adaptability
- Proactive, autonomous, and results orientation
- Critical and strategic thinking
- Communication and interpersonal skills
- Teamwork and collaboration skills
- Problem solving skills
- Ability to developing self and others
- Innovative
Practical Information
- Deadline for application: 21 July 2025
- Applicable employment grade: Officer/Senior Officer
- Contract duration: Four years, with possibility of extension
- Place of employment: Luxembourg
- Current working arrangements: possibility to work remotely, normally up to two days a week, from Luxembourg and the border region (or from further away under certain conditions).
The ESM aims to provide equal opportunity to all candidates irrespective of their gender, nationality, age, race, culture, education, religious beliefs, sexual orientation, or disability. To further enhance the diversity of our workforce, we particularly encourage women to apply.
Note 1: The ESM reserves the right to refrain from hiring, or to slightly modify job responsibilities, as needed.
Note 2: As a result of the selection process, please note that you may be placed on a ‘reserve list’ valid for a duration of six months during which you might be considered for a similar position with a similar level of requirements. Only those candidates who have been notified will be placed on the ‘reserve list’. After this period, you will need to apply again for our vacancies to be considered for a different selection process.
About us
The European Stability Mechanism (ESM) is the permanent crisis resolution mechanism for euro area countries. It provides financial assistance to Members facing financing difficulties. To date, the ESM and its predecessor organisation, the European Financial Stability Facility (EFSF), have launched six financial assistance programmes to five countries, provided financial support, monitored repayment capacity, and engaged with partner institutions for programme design in areas of financial interest.
The ESM is a unique place to work with around 230 individuals committed to making a difference to the future of the euro area. It recruits talented professionals of any nationality from both the private and public sectors. The ESM’s senior management is committed to preserving and enhancing a diverse, inclusive recruitment and work environment.
Practical information
Deadline for application
21 Jul 2025 21:59 h
Job identification
313
Posting date
20 Jun 2025 10:25 h