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.
Quantitative Analyst (f/m/d) - 1y FTC
Clearstream Services S.A. • Luxembourg
Who we are
Your career at Deutsche Börse Group
Field of activity
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 maintain, further develop and oversee collateral- and credit rating related models. A successful candidate will take the ownership of the implementation, maintenance and continuous improvement to the risk models and methodologies on the range of banking type products. Furthermore, as part of the group wide Credit team, s/he will assume responsibility for the related reporting, ad hoc reviews, investigations and special assignments as required to senior management.
Support the development and continuous improvements of credit risk models.
Assist in model prototype development and testing, drafting of the requisite model-related documentation.
Define, document and manage processes required for the maintenance of the models in their productive states; support production roll-out, address any related findings as revealed by model monitoring or model validation.
Perform risk parameter calibrations, undertake impact assessments and report on the results, where applicable.
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.
Maintain IT enhancements inventory, liaise with IT on the potential delivery schedule.
Deliver insightful management information in support of senior management and committee review
Develop and maintain effective relationships with internal stakeholders and regulatory authorities
Support the team’s regular and reporting tasks.
- University degree in Business, Accountancy or Banking & Finance (PhD/CFA or equivalent qualification will be considered of an advantage)
- 1-3 years of relevant work experience in the model/product development roles and/or model validation function, or related roles
Good understanding of financial markets and credit risk concepts, proven research skills.
Sound knowledge of statistics and econometric methods and their application, experience with broader risk analytics approaches (e.g. VaR, back-testing, stress testing)
Experience in model prototyping, creativity in finding adequate solutions using MatLab/R/Python or alike. Interest in exploring new technologies and tools.
Strong problem-solving and analytical skills, ability to draw accurate conclusions based on complex data
Familiarity with relevant risk management regulations and guidelines will be considered of an advantage
Fast learner, with sound judgement, ability to articulate complex concepts in a succinct and clear way
Integrity, willingness to take responsibility, proactive attitude and high level of reliability
High commitment, adequate communication and presentation skills, ability to operate and build effective relationships across various functions and business areas.
Excellent command of written and spoken English. German and/or French will be an asset.
Why Deutsche Börse Group?
We are committed to providing a work environment which makes our employees both feel at ease and reach their full potential. Our standards go far beyond simply matching candidates with the right position.
Exciting, cutting-edge projects
“Boredom” is a concept unknown to us. With us you are part of a growing company that is shaping the future and where you can make a difference and actively participate – by supporting companies and start-ups going public, developing trading technologies or designing the cloud infrastructure for a highly regulated environment.
Our market infrastructures are connected globally: whether in Singapore, London, Chicago, Luxembourg or Dubai – working with us means collaborating with like-minded colleagues and teams across over 50 locations from more than 100 nations.
Security and growth
Our company is experiencing healthy growth, not least due to our diversified business model. As a globally active exchange organiser, we provide market participants with consistently safe infrastructures that stimulate growth along the entire value chain. For you this means: a secure and promising workplace!
Diversity & Inclusion
We embrace diversity. As the cornerstone of our success, your contribution counts – irrespective of gender, nationality, ethnic or social background, religion or worldview, disability, age, sexual preference and identity.
We at Deutsche Börse create trust in the markets of today and tomorrow. We want to achieve this common goal with performance, reliability, integrity, openness and responsibility. Mutual respect and appreciation are of particular importance. Our values shape our culture and behaviour – both within our organisation and externally.
Our employees work in great teams that drive positive change – and therefore they enjoy working with us. This is reflected in our annual employee surveys. No matter how great the challenges posed by the markets might be – we support each other, work together closely to successfully complete projects and face change with a positive, collaborative approach.
We offer a work environment, in which professional and private life can interact individually. Flexible working time models, allowance for childcare, working remotely, studying alongside your job or part-time models – we give you the opportunity to adapt your job to your life situation.
Careers with a future
Whether you are an apprentice, a trainee, a young or experienced professional – with us your career is off to a good start that holds many different paths to develop and reach the next level. Your professional future is in your hands – as a manager, expert or project manager. You can count on our support as well as further education and training measures.