Financial Risk Officer

**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**:
Clearstream Risk Management is responsible for the assessment, quantification and reporting of financial and operational risks of the Clearstream group. In your new role you will functionally be part of the Financial Risk team. The unit inter alia assumes responsibility for design, maintenance and progression of all quantitative models used to determine capital requirements for financial risks under the economic perspective within the Internal Capital Adequacy Assessment Process (ICAAP) of Deutsche Börse Group, including all its regulated entities.

**Your responsibilities**:

- Challenge, maintain, and enhance the risk methodology for existing financial risk drivers (credit, market and liquidity), which includes the development of frameworks for both adequate stress scenarios and rigorous back tests to continuously evaluate a model’s performance.
- Design and implement new models for financial risk drivers due to the continuous product and service extensions of Clearstream entities in a sandbox environment using Python as language of choice.
- Your IT affinity is required for supportive advisory and testing activities during the final productive IT implementation carried out by a dedicated IT developer team.
- By your understanding of working in the risk department of a key player in the financial sector and of Deutsche Börse Group’s specific role as a critical but trusted market infrastructure provider, you always consider the relevant regulatory aspects to confirm this status and expectation by both market participants and supervisory bodies.
- You like to work in a structured and science-based way, where written documentation of analyses, modeling approaches and efficient program code is a key tool to collect arguments for methodologic correctness and shows your attention to detail. You fully understand your models with both its advantages and limitations, which enables you to explain related complexities in a concise way to decision-makers and persuade at all levels of sophistication.
- Although a level of self-responsibility is required and you read a lot about “your” tasks in the paragraphs above, it is time to emphasize that you will work in a team and we will work together. We aim for an open-minded, critical thinking and communicative working environment in which inclusion, idea sharing, and mutual support are necessary to master the ever-growing challenges. Following this way enables all of us to grow further.

**Your profile**:

- University degree in a financial or quantitative discipline
- Relevant work experience, preferably in risk/pricing model development or validation
- Good understanding of financial markets and financial products as well as the regulatory landscape (MaRisk, ICAAP, ILAAP) and its interrelation (ICAAP vs. CRR vs. CSDR)
- Efficient team player with a high degree of organizational self-reliance and good communication skills
- Adept in MS Office usage, a level of programming and database experience would be useful (e.g. Python, SQL)
- Proficiency in written and spoken English, additional German language skills desired

**Why Deutsche Börse Group?**:
**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