Quantitative Risk Analyst - Financial Risk (f/m/d)  …

Deutsche Börse AG
in Luxembourg, Luxembourg, Luxembourg
Permanent, Full time
Last application, 25 Aug 19
Deutsche Börse AG
in Luxembourg, Luxembourg, Luxembourg
Permanent, Full time
Last application, 25 Aug 19
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.

Field of activity

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

Qualifications/required skills

  • 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