Treasury & Default Management Specialist (f/m/d)

Clearstream Banking S.A. • Luxembourg

Build the future of financial markets. Build yours.

Ready to make a real impact in the financial industry? At Deutsche Börse Group, we'll empower you to grow your career in a supportive and inclusive environment. With our unique business model, driven by 16,000 colleagues around the globe, we actively shape the future of financial markets. Join our One Global Team!

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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:

This senior role is central to our financial stability and risk management framework. You will be at the helm of the Default Management process and the first line of credit for our Clearstream entities, ensuring resilience and rapid response in critical situations. A significant part of your role will involve the business management of the Treasury function, where you will steer planning, monitor key performance indicators (KPIs), and manage governance and regulatory compliance. Furthermore, you will act as a key support to the Head of Treasury, contributing to strategic initiatives and ensuring seamless coordination across various units.

Your responsibilities:

Lead the Default Management process and the first-line credit function, managing counterparty exposures, ratings, and collateral.
Enhance the Default Management framework through regular simulations, process improvements, and the adoption of new technologies.
Own the business management of the Treasury function, including annual planning, budgeting, and performance tracking.
Develop and deliver high-quality governance packs and management reports for senior committees like the ALCO and Executive Board.
Serve as the primary contact for regulatory and audit matters, ensuring the timely closure of all action items.
Coordinate with internal partners, including Risk, Legal, and Compliance, to maintain and evolve default playbooks.
Provide strategic support to the Head of Treasury on key priorities and transformation initiatives.
Represent Treasury and Default Management in relevant committees and drive cross-entity coordination.

Your profile:

University degree in finance, economics, or a related field; a CFA or FRM designation is a strong asset.
A minimum of 10 years' experience in bank treasury, with direct exposure to Default Management or first-line credit, preferably in a CSD or systemically important institution.
Deep expertise in credit topics (exposures, ratings, collateral) and a strong understanding of regulatory frameworks (e.g., CSDR, EMIR, Basel III/IV).
Proven experience in business management, including budgeting, planning, performance reporting, and project coordination.
Excellent communication, presentation, and senior stakeholder management skills.
A problem-solving mindset with strong influencing skills, a focus on accuracy, and the ability to manage competing priorities.
Proficiency in written and spoken English is mandatory; German and/or French language skills are advantageous.
Advanced proficiency in MS Excel and PowerPoint; experience with Power BI or Tableau is a plus.

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.