Data Science Experts (ESCB/IO) - Securities and Financial Markets Data

Knowledge, Information, Data & Statistics

Statistics

11721

General Information
Type of contract Short-term contract, which may be extended to up to 36 months subject to individual performance and organisational needs.

Contract end date 30.06.2026

Who can apply? EU nationals working for national central banks of the ESCB, international governmental organisations or other employers performing central banking or banking supervision tasks within the framework of the Eurosystem.

Salary F/G (bracket 1 - step 1) full time monthly net salary: €7,296 plus benefits, for further information see what we offer.

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 22.04.2025

Your team You will be part of the Securities and Financial Markets Data Division in the Directorate General Statistics (DG/S). With around 50 staff members, our Division develops, tests and operates large-scale granular data systems, including the centralised securities database, the securities holdings statistics database, the data systems that support the money market statistical reporting and the production of the euro short-term rate (€STR), and real-time commercial market data systems. These systems are operated across several countries in conjunction with other members of the European System of Central Banks (ESCB). Your work will therefore involve cooperating with other authorities and organisations that source and use micro data.

You will help to develop and scale up the ECB’s statistical systems and data processing strategy to improve data integration and system performance, capturing changing market behaviour and varying data user needs, keeping the systems fit for purpose, and contributing to the operation of the systems concerned. In your role as Data Science Expert, you will facilitate seamless collaboration between the statistics and IT functions responsible for system development. Your main tasks will include standardising underlying methodologies, automating data processes and incorporating technological advances, as well as conducting statistical analysis and data quality assurance. The latter task may involve shift and on-call work.

You will work closely with users of micro data and related statistics in different ECB business areas, including those in banking supervision, various teams in the Directorate General Statistics, and statisticians working in national central banks and other institutions.

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 age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.

Your role As a Data Science Expert, you will:

• oversee the day-to-day management, receipt, processing and quality checking of micro data, and compile and disseminate the results;
• support the development, integration and maintenance of the respective statistical data systems to increase capacity, performance and automation – which includes scoping, prototyping and testing new IT-system application releases for large-scale datasets;
• maintain documentation, database algorithms and end-to-end data flows from a business perspective;
• contribute to further standardising and integrating the different statistical systems;
• mine existing data and foster the efficient generation of new statistical output products by linking, filtering and enriching existing data to serve user needs at short notice – which includes using quantitative statistical methods to exploit all available data as well as AI tools and frameworks;
• design and develop new statistical frameworks and datasets with colleagues in DG/S and other business areas and users at the ECB, national central banks, national competent authorities (e.g. banking supervisors), the International Monetary Fund and other stakeholders;
• prepare notes for meetings of the ESCB Statistics Committee and its working groups, and support other colleagues in DG/S in preparing press releases and briefing material for members of the Executive Board, the Supervisory Board and the Governing Council.

We are seeking candidates who demonstrate the potential for growth, and will support them in developing the required knowledge, skills and competencies.

The positions will be in the Securities Data section and the Financial Markets Data & Services section. The positions offer you excellent opportunities to develop and work on large-scale micro data systems that are integral to policymaking at the ECB. 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 or equivalent in data science, finance, statistics, economics, mathematics, computer science or another relevant field (see How you can join us for details on degree equivalences);
• in addition to the above, a minimum of three years’ professional experience, in statistics, economics, financial markets, IT or other similar areas;
• experience in scoping, developing, testing and operating large-scale micro data systems;
• analytical and quantitative skills, with experience in large-scale micro data analysis and prioritised quality assurance, and the ability to define and apply data concepts, procedures and methodologies;
• programming skills and experience in using statistical software and other IT applications, such as SQL, R and Python, and visualisation tools (Tableau, Power BI or R-Shiny);
• an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.

Desired:

• an understanding of the latest database technologies and strategies to be able to inform discussions with the IT function on enhancing support for different usage models;
• an ability to explain complex technical issues in simple, non-technical language to different stakeholders and draft appropriate documentation, with the aim of encouraging and motivating less technical colleagues to get involved in the world of large-scale micro data.

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 be part of our team and to develop and use your skills and competencies to achieve the aims of the position concerned.

Further information The contract(s) offered will be short-term ESCB/IO, the appointment being for a minimum of 12 months as of the exact starting date of the selected person, extendable to up to a maximum of 36 months.

For additional information on the positions, you can speak to the hiring manager, Nuno Silva, on +49 (0) 69 1344 6843.

Application and selection process The recruitment process for the positions will be conducted remotely. It will include an interview.

If you are not selected for this position but are still considered suitable, you will be placed on a reserve list (see step 4 of How we hire), from which you might be considered for similar positions within the ECB.

Find out how to apply for a position at the ECB.

Read more about how you can join us.