We are looking for a highly motivated Candidate who has proven interest and wants to work on a research project linking changing patterns of extreme weather to financial risks for the Netherlands. The project will be conducted in close collaboration with, and partially on site at, the Dutch central Bank (DNB). In general, we are interested in how climate change and correspondingly changing (extreme) weather patterns in the Netherlands will affect the value of (portfolios of) financial assets. The candidate will therefore conduct a series of at least four research projects in which we develop models to link (extreme) weather risks to asset prices for real estate, bank loans, and insurance policies. A final project will then translates the findings to practical stress tests and derive policy implications for supervision and financial stability. The candidate will work with large, proprietary datasets and in close collaboration with practitioners, implying that working papers and policy briefs are also part of the expected output in this project.

We offer a dynamic and challenging job in an internationally oriented organisation. The Candidate will be part of an international network of top universities and renowned scholars within the field. FIN and MILE have strong collaborations with other institutes and departments at Maastricht University and elsewhere. DNB is a front runner in climate risk and financial supervision within and beyond the ECB-group and international networks of central banks. Next to PhD education at the Graduate School of Business and Economics (GSBE) the candidate is expected to contribute to teaching activities at the department, taking max. 10% of her/his time. Another 10% is allocated to collaboration in ongoing DNB research to ensure a smooth integration of the work in DNB going concern.

Eligible candidates must have successfully completed a (preferably 2-year (120 ECTS)) Master’s degree (MSc or MPhil) in (Quantitative) Economics, Econometrics, Computational social science or a related area (before September 2023) and have an excellent command of English.

Fixed-term contract: 4 years.

We offer a dynamic and challenging job in an internationally oriented organisation. The candidate will be part of an international network of top universities and renowned scholars within the field. FIN and MILE have strong collaborations with other institutes and departments at Maastricht University and elsewhere. DNB is a front runner in climate risk and financial supervision within and beyond the ECB-group and international networks of central banks. Next to PhD education at the Graduate School of Business and Economics (GSBE) the candidate is expected to contribute to teaching activities at the department, taking max. 10% of her/his time. Another 10% is allocated to collaboration in ongoing DNB research to ensure a smooth integration of the work in DNB going concern.

The terms of employment of Maastricht University are set out in the Collective Labour Agreement of Dutch Universities (CAO). Furthermore, local UM provisions also apply. For more information look at the website www.maastrichtuniversity.nl > About UM > Working at UM.

Maastricht University

Maastricht University is renowned for its unique, innovative, problem-based learning system, which is characterized by a small-scale and student-oriented approach. Research at UM is characterized by a multidisciplinary and thematic approach, and is concentrated in research institutes and schools. Maastricht University has around 22,000 students and about 5,000 employees. Reflecting the university's strong international profile, a fair amount of both students and staff are from abroad. The university hosts 6 faculties: Faculty of Health, Medicine and Life Sciences, Faculty of Law, School of Business and Economics, Faculty of Science and Engineering, Faculty of Arts and Social Sciences, Faculty of Psychology and Neuroscience. For more information, visit www.maastrichtuniversity.nl.

For more information on the departments involved see: 

MILE: https://www.maastrichtuniversity.nl/research/department-macro-international-and-labour-economics-mile

FIN: https://www.maastrichtuniversity.nl/research/department-finance

DNB: https://www.werkenbijdnb.nl/en