González-Páramo's professional record comprises central bank decision-making and private sector responsibilities, academic experience and advisory positions.

In addition, he has taught advanced courses in economic analysis of public policies at the Centro de Estudios Monetarios y Financieros in Madrid and at other research centres.

From 1985 to 1994 González-Páramo was an economic adviser to various public and private institutions including the Banco de España (1989–1994), the European Commission, the IMF and the World Bank Group.

[citation needed] González-Páramo served as a member of the executive board of the European Central Bank (ECB) for an eight-year mandate, under the leadership of successive presidents Jean-Claude Trichet (2004-2010) and Mario Draghi (2011-2012).

[2] In 2012, González-Páramo was widely mentioned in news media as a potential candidate to succeed Miguel Ángel Fernández Ordóñez as Governor of the Bank of Spain; the position eventually went to Luis María Linde.

[6] González-Páramo is a member of the European Academy of Sciences and Arts, and has received a number of distinctions, including the Charles the Fifth Medal of the German-Spanish Chamber of Commerce ("contribution to a more united Europe"), Premio Institut D’Estudis Financers a la Excelencia Financiera ("professional career"), Premio Círculo de Empresarios and Doctor Honoris Causa (Universidad de Málaga), among others.