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Functional Analyst - IT Settlement team (f/m/d)
Clearstream Services S.A. • Luxembourg
Who we are
Deutsche Börse Group is one of the world’s leading exchange organisations and an innovative market infrastructure provider. With our products and services, we ensure that capital markets are fair, transparent, reliable, and stable. Together, we develop state-of-the-art IT solutions and offer our IT systems all over the world.
Within the Deutsche Börse Group, Clearstream is an international central securities depository (ICSD). It provides post-trade infrastructure and securities services for the international market and 59 domestic markets worldwide, with customers in 110 countries.
Luxembourg
Your career at Deutsche Börse Group
Your area of work:
As a Functional Analyst, you will play a key role within the Settlement IT Team. You will contribute to the growth of Clearstream by ensuring that new Settlement functionalities are accurately specified and successfully implemented. Your main responsibilities will include translating business requirements into detailed specifications for developers, testing the resulting deliveries, and supporting their implementation. You will also contribute to various IT projects and programs across the organization.
Your responsibilities:
Analyse
- Review, understand, analyse, and comment on business requirements.
- Identify and describe impacts on other projects, business processes, and systems.
- Act as an interface between business teams and IT development.
- Create detailed functional and system requirements, including the ability to write SRAs.
- Define deliverables, establish planning, and follow up on progress in line with the project plan.
- Actively support the resolution of functional issues during the Specification Phase.
Test and Validate
- Define Functional Acceptance Criteria and test approaches.
- Produce, document, execute, and validate test cases.
- Provide detailed reporting on test progress, including documentation of software defects.
- Collaborate with business and IT teams to facilitate the resolution of issues and defects during System Testing and BAT.
Implement
- Support production issue resolution and provide guidance on system behaviour to address customer queries.
- Assist and advise customers during their testing activities.
- Prepare and support internal user and customer training.
- Deliver presentations to end users on functional topics.
- Follow prescribed methodologies throughout all stages of the project lifecycle.
Your profile:
- University degree or an equivalent professional qualification or experience.
- 2–3 years of experience in a financial‑institution back office or as a functional/business analyst within the securities and cash industry.
- Strong interest in Information Technology.
- Excellent organisational and analytical skills with strong attention to detail.
- Strong verbal, written, and presentation communication skills.
- Team-oriented mindset with a positive and proactive attitude.
- Ability to work effectively under pressure and deliver high‑quality results in a team environment.
- Solid PC literacy, including experience with collaboration tools such as Jira and GitHub; strong knowledge of SQL, databases, and use‑case modelling.
- Proven ability to meet demanding project deadlines and deliver in a fast‑moving, change‑oriented environment.
- Flexibility and adaptability.
- Proficiency in written and spoken English; French or German language skills are considered an asset.
Why Deutsche Börse Group?
We are committed to providing a work environment where everyone feels welcome and can reach their full potential. Our standards go far beyond simply matching candidates with the right position.
Mobility
We enable you to move freely with our job tickets, job (e-)bikes and free parking opportunities.
Work environment
Collaboration, communication, or deep focus – in our modern office buildings you will find the perfect work environment. Free drinks and food and meal allowances included.
Health and wellbeing
We care for your health and wellbeing and besides various health promotion measures we offer you a group accident insurance and additional insurance offers at discounted rates.
Financial stability
We provide financial stability by offering attractive salaries, company pension schemes, participation in our Group Share Plan, as well as bonuses, subsidies and discounts.
Hybrid work
Collaborate and exchange on-site or work remotely several days a week in line with business needs and local regulations. Our hybrid working model combines the best of both worlds.
Flexible working hours
We want your job to fit your life situation and offer flexible working time models, childcare allowance, or the possibility to study alongside your job.
Internationality
Our market infrastructures are globally connected. Working with us means collaborating with like-minded colleagues across over 60 locations from more than 100 nations.
Development
We promote individual development by offering internal development programmes, mentoring, further education and training budgets.
Recruiting Team
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