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General
We are looking for a highly motivated candidate to strengthen our team in the Monetary Policy Section (Economic Analysis and Research Department) at the Oesterreichische Nationalbank (OeNB). Our team is responsible for analyzing and assessing the ECB’s monetary policy stance, evaluating the implementation of the ECB’s monetary policy in the euro area and Austria as well as conducting research on inflation measurement and drivers of inflation in the euro area.
The OeNB is an inclusive employer, and we strive to foster diversity in the workplace. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics. The OeNB seeks to increase the share of women among its workforce and invites qualified women to apply for this position. Given equal qualification, female candidates will receive priority in the recruitment process. Applications from individuals with disabilities are also expressly encouraged.
Your prospective role
In your role, you will be expected to employ state-of-the-art econometric tools to analyze policy-relevant issues in the area of inflation. You will be part of a small and fast-paced team that strives for excellence in research and policy advice.
The Monetary Policy Section is hiring an
Economist for inflation analysis
Your tasks
In your role you are expected to:- conduct innovative independent research on inflation and its determinants to contribute to ongoing and future policy-relevant discussions
- write well-founded, policy-oriented analyses, studies, and research papers for the official publications of the OeNB, as well as other relevant external publications
- participate in Eurosystem wide task-forces, research networks or expert groups in the area of inflation
- develop and maintain models of inflation for policy analysis as well as analytical tools such as web scraping, big data, or dashboards
- participate in preparing and holding monetary policy briefings for OeNB top management
- contribute to policy notes, presentations, ad-hoc reports and speeches for the OeNB top management and senior management
Your Background
Your qualifications and skills- a PhD (or close to finishing a PhD) in economics or another relevant field
- practical or professional experience in statistical and econometric techniques for inflation analysis
- a track record in preparing analysis or research papers related to inflation
- proficiency in state-of-the-art software packages (R, Stata, Python, Matlab, etc.) and MS Office (Power Point, Excel, Word)
- experience working with large datasets and proficiency in common quantitative methods in economic research
- experience working with microdata; strong interest in driving research projects based on microdata
- excellent presentation and communication skills
- a willingness to collaborate with and support other team members in the achievement of common goals and to build open and trusting relationships within and across teams
- excellent written and oral command of English; basic command of German and readiness to become proficient in German; further languages would be an asset
What we offer
Contract, salary and benefits- The position to be filled is permanent (subject to a positive appraisal by management after the first year)
- The salary is competitive and determined according to an internal salary scale which flexibly adjusts for your academic qualification and prior work experience
- The OeNB offers a bonus scheme for extraordinary achievements and an attractive internal career path for its experts
- The OeNB provides extensive and regular opportunities for internal and external mobility (inside the Eurosystem but also to other international institutions such as the European Commission, the BIS, the IMF and World Bank)
- The OeNB also provides a large number of personal training and development opportunities and also encourages the participation at specialized training schools
- Challenging tasks in one of the largest projects in the Eurosystem
- Working in an international environment
- A wide variety of training and career possibilities
- Family-friendly work policies (e.g. company kindergarten, holiday camps for children of staff)
- Easy access to public transport
- Benefits include flexible working hours and working from home, a staff restaurant, in-house medical care, corporate fitness benefits, etc.
- Weekly normal working hours of 38.5 hours, separate overtime pay
Based on the required level of education, the annual gross salary is EUR 53.000 (full-time, excluding overtime) at the entry level. Candidates with appropriate training and several years of professional experience will receive a higher salary in line with market standards.
To apply to this position, please submit the following material:
- CV
- Cover Letter
To further enhance diversity, the OeNB particularly encourages applications from female candidates. In case of equal merit, preference will be given to female applicants. Applications from candidates with disabilities are expressly encouraged.
