Intern - Quantitative Risk Analyst (f/m/d)

Clearstream Services S.A. • Luxembourg

Learn. Develop. Grow. But always: Share value

Join our international team that drives positive change, united by a spirit of openness and curiosity. We empower you to have an impact and to grow – personally and professionally. With us, you work at the heart of financial systems and evolve the way markets operate. We’re excited about the future because we are the ones shaping it. Let´s do this together by sharing value!

Who we are

Tracing its origins to 1585, Deutsche Börse Group has become one of the world’s leading exchange organisations and an innovative market infrastructure provider. In this role, we provide investors, financial institutions and companies access to global capital markets. What’s your part in all this? With your commitment you contribute to the success of our unique business model: offering a wide range of products, services and technologies for security, transparency and integrity on the markets. By creating trust in the markets of today and tomorrow we foster growth and contribute to the prosperity of future generations.

Luxembourg

Your career at Deutsche Börse Group

Your area of work:

Group Credit's overriding objective is to ensure that business activities are conducted within a prudent credit risk framework that is consistent with the bank's credit appetite and in compliance with regulatory and supervisory requirements. We are searching for a Quantitative Risk Analyst to temporarily reinforce team's capacity on the development, continuous improvements and implementation of collateral- and credit rating models.

A successful candidate will support multiple projects on the enhancements in qualitative and quantitative methodologies, aimed at strengthening the overall credit risk management Framework, as well as prototyping, testing and roll-out of the related tools.

Your responsibilities:

Support the development and maintenance of the existing risk models, incl. model recalibrations
Support conceptualization of model enhancements to address model validation findings
Conduct research on credit and market risk methodologies, prepare research memos and recommendations
Collect and prepare model related testing and training data sets
Develop model prototypes, assist in model testing and drafting requisite model-related documentation
Work in close collaboration with model users and IT to accompany IT development process, including writing business requirements, taking into consideration the available (or planned) infrastructure, as well as performing business acceptance testing

Your profile:

Students must be enrolled in a relevant graduate academic programme with quantitative focus (e.g. Finance, Economics, Mathematics, Statistics, Engineering) recognized by the state during their internship, preferably in their last semesters;
Sound programming skills in applications like Python, R, SQL or alike;
Strong problem-solving and analytical skills, ability to draw accurate conclusions based on complex data;
Good understanding of statistics and quantitative techniques;
Good understanding of market and credit risk concepts, adequate research skills:
Creativity and forward-looking thinking;
Attention to details, ability to work independently, structured and result-oriented approach to work;
Integrity, willingness to take responsibility, proactive attitude and high level of reliability;
Team player with high commitment, adequate communication and presentation skills;
Fluent in written and spoken English; French and/or German will be 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, part-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.