Senior Analyst / Analyst - Economic and Monetary Analysis and Strategic Initiatives

The National Bank of Slovakia is Slovakia’s central bank, and a part of the Eurosystem / European System of Central Banks (ESCB). Our aim is to further improve our reputation as a highly regarded, mid-sized European central bank with outstanding specialist knowledge in specific areas. 

We are seeking candidates with background in:
•    supply-side analysis and long-run growth modelling 
•    macroeconomic topics using micro data in areas such as productivity and firm-level performance and international trade
•    labour market analysis including population ageing and migration
•    microeconometric analysis and microsimulation modelling
•    monetary policy
•    macro-finance with strong interest in climate change impacts and policies
•    public policies more broadly

Successful candidates will among other:
•    monitor and/or forecast macroeconomic and structural developments; assess vulnerabilities and challenges in the Slovak economy, including those related to international trade fragmentation, technological change, climate change and ageing
•    develop analytical tools and econometric models, and conduct econometric analyses
•    contribute to the bank’s key analytical outputs and reports; some of this work may lead to research publications, though independent research will also be encouraged
•    prepare analytical materials and opinions for the management of the NBS
•    represent the NBS in meetings and/or working groups with domestic and international organizations

We invite applications from candidates with the following qualifications:
•    completed or expected PhD in Economics, Finance or in a related field with a significant quantitative component (experience in applied economic analysis from a policy institution would be an asset)
or
Master’s degree in Economics or in a related field with a significant quantitative component and 5 years of experience from a policy or research institution (less experienced applicants can be considered for the Analyst positions)

•    advanced econometric, data analysis or programming skills, and practical experience with common econometric and/or mathematical software (e.g. Stata, R, Python, Matlab or other)
•    excellent command of English; knowledge of Slovak is not a requirement
•    basic understanding of Central European economies would be an asset

We also value if our employees have:
•    the ability to work on projects as a part of an international team
•    excellent communication and presentation skills, including towards a non-specialist audience
•    an innovative, creative and proactive approach to solving problems

We offer:
•    extensive opportunities for personal development and networking as a part of ESCB structures
•    further training and external engagement opportunities (seminar, conference visits) generously funded by the bank
•    quick progression to a permanent contract subject to performance
•    an informal work environment involving a close contact with the top management
•    opportunities for quick and effective policy and societal impact
•    great quality of life in a mid-sized European city very close to a globally well-connected airport in Vienna
•    a regionally highly competitive salary and a range of attractive benefits
Slovak law requires us to state that the basic pay component of the remuneration is not going to be lower than 2,255 EUR gross monthly for Senior Analysts and 1,880 EUR gross monthly for Analysts. Based on performance Senior Analysts can earn upwards of 50,000 EUR in gross terms annually including variable pay components.

To apply:
o    To apply, please submit CV and cover letter for preferred position using the link below by 15th January 2025. If you wish to apply for other positions as well, please  indicate it in the note section of the application form
o    Recent Master’s degree graduates with little relevant work experience are strongly encouraged to include academic transcripts with their application. 
o    The selection process is expected to start in second half of January 2025. It may consist of up to three rounds including submission of written exercise and/or presentation on relevant topic
o    The planned starting date is from 1st March 2025 (subject to negotiation)
o    For further enquires please contact Milan Vanko at milan.vanko@nbs.sk

Applications are open for following specific positions:
o    Senior Analyst / Analyst in Section of Structural Analyses 
o    Senior Analyst / Analyst in Section of Climate Sustainability 
o    Senior Analyst / Analyst in Section of Macroeconomic Analysis