Quantitative Model Developer

Quantitative Model Developer (f/m/d)

Luxembourg

**Your career at Deutsche Börse Group**

**Your area of work**:
**Your responsibilities**:

- Develop, maintain and continuously improve quantitative rating and risk models used for credit and risk management.
- Define, document and manage processes required for the maintenance of rating and risk models in their productive states; take ownership for continuous improvements to the existing methodologies and model monitoring tools; address any related findings as revealed by model monitoring or model validation.
- Regularly review the adequacy and robustness of applied risk models and perform model 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.
- Deliver insightful management information in support of senior management and committee review.
- Develop and maintain effective relationships with internal stakeholders and regulatory authorities.
- Maintain internal model inventory. Support the team's regular tasks.

**Your profile**:

- Graduate degree in a quantitative discipline such as Economics, Mathematics, Computer Science, Physics...
- Several years of relevant working experience in the model development and/or model validation function, or related roles
- Good understanding of quantitative risk models (rating models, credit risk models, market risk models,operational risk models,...) and the underlying quantitative methodology (stochastics & statistics, numerical algorithms,...)
- Sound programming skills in at least one programming language.
- Familiarity with relevant risk management regulations and guidelines (CSDR, CRR, BCBS, MaRisk) is a benefit.
- Attention to detail, strong problem-solving and analytical skills, sound judgement.
- Ability to articulate complex concepts in a succinct and clear way.
- Integrity, willingness to take responsibility and continuously improve.
- High commitment, team spirit, excellent communication and interpersonal skills, ability to effectively operate 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?**

**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.

**Development**

We promote individual development by offering internal development programmes, mentoring, further education and training budgets.

**Our story**

Our Story - Deutsche Börse Group in 120 Seconds

Contact

**Recruiting Team**

Take your career to the next level with us and embrace new challenges

+496921111810

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**Ready to start your career with us?**

Job ID 1f7c3332-624b-43d0-8ef8-af10a16e1f09