2023 Graduate Internship Programme (Monetary and Economic Department)

Description

The Bank for International Settlements (BIS) is looking for recent graduates to join the 2023 cohort of Graduate Interns. This is an 11-month internship that will allow you to use the knowledge you gained during your studies in a professional environment. Joining us is not just about launching your international career, it is about doing meaningful work for the public good and serving the global community.

By joining the graduate internship programme in the Monetary and Economic Department (MED) you will:

• have the opportunity to work in an international financial institution at the intersection of research and policy.
• gain practical experience in data-related work supporting central banks and other financial regulatory authorities and contribute to high-level meetings and BIS publications.
• work with top experts from around the world and be part of an intellectually stimulating organisational culture characterised by effective collaboration, high-quality output and attention to detail.
• enjoy exposure to ideas and a broad range of projects and play a valuable part in supporting the wider central banking community.

Purpose of the Internship Programme:

The programme is designed for fresh graduates with no more than 12 months of overall professional experience in a related field and aimed at enriching your work experience in order to help you in your pursuit of your next step, whether to a higher educational degree or a position at another organisation. The Monetary and Economic Department (MED) undertakes research and analysis to shape the understanding of policy issues concerning central banks, including innovation and monetary policy frameworks, provides committee support and organises key meetings of senior central bankers and other officials in charge of financial stability. Depending on your skillset and experience, you will be assigned to one of the Statistics and Research Support units within MED.

Programme duration:  11 months
Programme  location: Basel, Switzerland
Programme start date:  October 2023

Principal accountabilities:

• In close collaboration with analysts, data scientists and economists, contribute to the BIS’s publications and meeting materials.
• Create graphs and tables for use in publications and at key meetings on global financial topics.
• Maintain databases for internal and external use and provide solutions to issues related to large data sets, firm-level data and BIS statistics.
• Conduct data quality control and help test and implement new statistical applications.
• Support economic research and analysis by collecting, processing and conducting statistical and econometric analysis of data from a wide range of sources.

Qualifications, skills, and experience:

• Bachelor’s or master’s degree in a relevant field completed in 2022 or 2023
• Strong analytical skills
• Data management, processing and visualisation skills
• Programming skills in standard statistical packages (MATLAB, Stata, EViews) and/or other data management tools (Python, R, SQL)
• Familiarity with various data sources would be an advantage (DataStream, Bloomberg, etc)

What we offer:

The contract is for up to 11 months (non-renewable). We offer a competitive salary net of Swiss income tax, health insurance, support with relocation and return travel, as well as accommodation in Basel.

Who we are:

The BIS is a diverse and inclusive organisation with colleagues from over 60 countries. By joining us in the international city of Basel, you will work in a unique, highly rewarding, and international work environment. We truly value diversity and inclusion and want to reflect the world we serve. We want the best people to work for us in an inclusive environment so welcome applications from all qualified candidates. At the BIS, we value equality and diversity in all its forms and one way we support diversity and inclusion is through our staff-run networks. You can discover more about diversity and inclusion at the BIS here.

Application process:

The application deadline is Monday 17 April 2023. Interviews will be conducted in April and May, with employment offers being extended in June 2023.

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