Dear colleagues, Please note that there are open positions for traineeships (PhD and MSc) at the European Central Bank (ECB) in the field of stress testing and macroprudential policy. To further enhance the quality of our team, we particularly encourage applications from students with excellent academic potential from your University. The deadline for applying is 22 January. The Stress Test and Modelling Division is part of the Directorate General Macroprudential Policy and Financial Stability of the ECB. The Directorate General has approximately 100 staff members providing analyses and policy advice on issues relating to macroprudential policies, financial stability, financial regulation and financial stability arrangements. In the Division we conduct model-based analyses for (1) stress tests of the financial sector, and (2) macroprudential policy impact assessments at the national, euro area and European Union levels. In the area of stress testing, we are currently contributing to the upcoming 2018 EU-wide stress test coordinated by the European Banking Authority, in particular, the top-down, model-based part of the quality assurance process. In relation to the assessment of macroprudential policies, we develop models and background studies that inform ECB macroprudential policy decisions. We also support the activities of the European Systemic Risk Board and contribute to policy discussions at the European and international levels. For further information, please follow the links below: a. PhD traineeship in the field of stress testing and macroprudential policy<https://www.ecb.europa.eu/careers/vacancies/html/vacancydetails.en.html?id=005056853E201ED7B7FE7DD6DCEEBB61> b. Traineeship in the field of stress testing and macroprudential policy<https://www.ecb.europa.eu/careers/vacancies/html/vacancydetails.en.html?id=005056853E201ED7B7FDDFEBE03D9AC2> Best regards, Aurea Ponte Marques European Central Bank Stress Test and Modelling Macro-Prudential Policy and Financial Stability Dept. Sonnemannstrasse 20 D-60314 Frankfurt am Main Tel: +49 69 13444647 Mobile: +49 162 235 5423 Any e-mail message from the European Central Bank (ECB) is sent in good faith, but shall neither be binding nor construed as constituting a commitment by the ECB except where provided for in a written agreement. This e-mail is intended only for the use of the recipient(s) named above. Any unauthorised disclosure, use or dissemination, either in whole or in part, is prohibited. If you have received this e-mail in error, please notify the sender immediately via e-mail and delete this e-mail from your system. The ECB processes personal data in line with Regulation (EC) No 45/2001 and Decision ECB/2007/1. For any further information you can consult the Data Protection Disclaimer on the ECB webpage. In case of queries, please contact the ECB Data Protection Officer (dpo(a)ecb.europa.eu). You may also contact the European Data Protection Supervisor.