Deutsche Börse Group is one of the largest exchange organisations worldwide. It organises markets characterised by integrity, transparency and safety for investors who invest capital and for companies that raise capital – markets on which professional traders buy and sell financial instruments according to clear rules and under strict supervision. With its services and systems, Deutsche Börse Group ensures the functioning of these markets and a level playing field for all participants – worldwide.
However, Deutsche Börse Group's products and services are by no means limited to trading "as such": its business areas cover the entire value chain in the financial services sector, ranging from pre-IPO services and the admission of securities, through trading, clearing and settlement to custody services and other financial instruments, along with collateral and liquidity management. Additionally, the Group provides IT services, indices and market data worldwide.
In your new role, you will create and maintain the risk methodology for models employed to manage Clearstream's securities lending financial risk exposures. Your primary responsibilities include determining eligible collaterals and haircuts to secure loans, defining concentration & wrong way risks limits in line with the risk appetite and applicable rules and regulations.
Design and continuously improve financial risk models to e.g. appropriately collateralize risk exposures and manage concentration & wrong way risks
Regularly review the adequacy and robustness of applied risk models and perform model calibrations
Create and maintain adequate documentation of the applied methods
Assist in model prototype development
Work in close collaboration with model users and IT to accompany the development process, including writing business requirements and performing business acceptance testing
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 teams regular and reporting tasks
Graduate degree in a financial or quantitative discipline
3+ years of relevant work experience, preferably in development or validation of financial risk models
Good understanding of financial markets, financial products (in particular bonds and securities financing products), knowledge of the respective regulatory landscape
Experience with financial risk models and broader risk analytics approaches (e.g. VaR, stress testing)
Sound knowledge of statistical and econometric methods and their application
Well-developed analytical skills, as well as high results orientation and good communication skills
Efficient team player with a high degree of organizational self-reliance
Excellent command of MS office, experience with databases (e.g. SQL), programming (e.g. Python) and analytics & business intelligence software (e.g. Qlik) would be an advantage
Proficiency in written and spoken English, additional German or French language skills are desirable
We are looking forward to your application.
Internal Number: 5632960
About Deutsche Börse AG
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