Traineeship - market risk and reporting

Job description

Deadline for application: 6 April 2026. We are looking for a motivated trainee with a strong interest in market risk and reporting to join the Risk Management division. You will assist in the risk monitoring and risk reporting processes for the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF), contribute to data quality checks, and support the development of a new risk analytical solution.

You will work under the guidance of the Lead Officer for the Market Risk & Reporting team and report to the Head of Risk Management.

Through this traineeship, you will acquire practical experience and knowledge of the day-to-day work of the different business areas in a multilingual and multicultural environment. You will be introduced to the professional world and the constraints, duties, and opportunities therein. In this context, you will interact with internal and external stakeholders.

Purpose Of The Traineeship 

• Gain an understanding of investment portfolio and market and liquidity risk metrics.

• Assist with and support the production, analysis, validation, and distribution of risk reports.

• Assist with and support the maintenance of Risk Management’s data architecture. 

• Assist with and support the development and implementation of a new risk system.

Key Background

• A candidate (or recent graduate within one year of graduation) for an advanced university degree in economics, finance, risk management, business administration, mathematics, engineering, or equivalent

• Previous experience or formal training in market risk and/or liquidity risk analysis is considered a plus

• A good mastery of Microsoft Office skills (Excel, PowerPoint & Word), Bloomberg and/or MSCI Risk Manager is appreciated

• Experience and ability for programming in VBA and Python is appreciated

• Fluency in English, both oral and written required, any additional languages are an asset

   

Key Competencies

• Proactive with keen attention to detail and commitment to excellence

• Continuous learning mindset

• Analytical and problem-solving skills

• Communication and interpersonal skills

• Teamwork and collaboration oriented

• Integrity, inclusivity, and respect for diversity 

Practical Information

• Deadline for application: 6 April 2026
• Expected starting date: as soon as possible
• Duration: six months with a possible extension for another six months
• Competitive allowance granted

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.

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.