The Deutsche Bundesbank is a special type of bank. Together with the ECB and the other euro area central banks, we ensure a stable euro. To achieve this, as well as other central bank tasks, we need a diverse range of specialists in a wide array of areas in order for the institution to function. Join us and become part of a strong team of reliable and responsible individuals.
Economist (m/f/d) in the area of sustainability
The Sustainability Division provides strategic advice to the Executive Board on all sustainability issues, particularly those pertaining to climate-related and environmental risks. Its work focuses on macroeconomic and financial stability policy implications as well as banking supervision and financial market aspects. The Division develops the Bundesbank’s sustainability strategy, and steers and coordinates the Bundesbank's work and contributions in this area within international bodies. In addition, it advises and supports the First Deputy Governor, Dr Sabine Mauderer, in her role as Chair of the Network for Greening the Financial System (NGFS).
Valuable work: your role with us
- You will analyse the macroeconomic and financial stability policy implications of climate change and climate policy for the core tasks of the Bundesbank and the Eurosystem. You will focus on environmental and climate risks in central bank models. In doing so, you will take account of national, European and international developments.
- Through your work, in consultation with the First Deputy Governor, you will help to set the priorities of the Network for Greening the Financial System (NGFS). You will work together with other business units to develop strategic positions for the Bundesbank and prepare them for the First Deputy Governor and top-level management.
- In addition, you will coordinate and contribute to the Bundesbank’s work in and for the NGFS, liaising with internal and external stakeholders.
Unique assets: your skills and qualifications
- Master’s degree or equivalent with a focus on economics, finance, management or other quantitative field
- Very good knowledge in the fields of sustainability, climate change and green finance
- Good understanding of financial markets and macroeconomic principles, and of the challenges arising from the transition to a low-emission economy
- Good knowledge and experience in the use of relevant econometric methods and tools, particularly for the economic assessment of environmental degradation and climate change and the financial risks resulting from them
- Good knowledge of international climate objectives, policy measures and (multilateral) agreements, understanding of the workings of international economic and financial institutions
- Good knowledge of physical climate and nature-related risks, and their impact on the economy as a whole
- Ability to work independently, analytically and as part of a team, with strong intercultural competencies
- Capacity to think strategically and act in a solution-oriented manner, combined with strong powers of persuasion and decision-making faculties suitable for a complex international environment
- Excellent communication skills in English; German language proficiency would be an advantage
Valuable work, generously rewarded
Remuneration and prospects
Remuneration in line with the wage agreement for the public sector (Tarifvertrag für den öffentlichen Dienst – TvöD) based on pay grade 13, plus bank allowance, future-oriented public sector job offering reliable working conditions, international working environment, varied tasks, opportunity to gain civil servant status, extensive range of training opportunities
New work
Good tech provision (e.g. smartphone, notebook), friendly and respectful working atmosphere, 39-hour week, 30 days of holiday, flexitime system with additional work compensated by time off in lieu, options of working from home (in Germany)
Extra benefits
Childcare services and facilities, workplace health management scheme, staff canteen, free Deutschlandticket as a JobTicket, good transport links (bus and train), central location, employee loans
Interested in enriching our team?
Then we look forward to receiving your application. If you still have any questions that you would like answered before you apply, simply get in touch with the contact person(s) listed below.
For questions about the application process
Sandra Johanning, 069 9566‑38302
jobs@bundesbank.de
For questions about the role
Dr. Nina Fenton
nina.fenton@bundesbank.de
Please apply by 28 December 2025 using our online application tool and citing job ID 2025_1191_02.
Diversity and equal opportunities are important to us. Where candidates are equally qualified for the position, preference will be given to applicants with a disability. The Bundesbank also promotes gender equality in the workplace, especially when filling leadership positions. We therefore particularly welcome applications from women.