Cecchetti is Rosen Family Chair in International Finance at the Brandeis International Business School and Vice-Chair of the Advisory Scientific Committee of the European Systemic Risk Board. He served as Economic Adviser and Head of the Monetary and Economic Department at the Bank for International Settlements from 2008 to 2013 and as Director of Research at the New York Fed from 1997 to 1999. In 2016, he received an Honorary Doctorate in Economics from the University of Basel.
