Financial Risk Management (f/m/d)

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 this role you will be part of the Financial Risk team. The unit inter alia assumes responsibility for managing credit, market and liquidity risk of Clearstream. 

Your responsibilities:

• Challenge, maintain, and enhance the risk framework for existing financial risk drivers (credit, market and liquidity), which includes the development of adequate stress scenarios

• Responsible for performing regular, ad-hoc, and stress testing risk calculations as well as preparation of monthly and quarterly risk reports

• Responsible for maintenance and enhancement of the existing internal procedures and model documents

• Responsible for design and implementation of new models due to continuous product and service extensions of Clearstream entities

• Provide support for testing activities during the final IT implementation in the production environment, carried out by a dedicated IT developer team

• Keep abreast of industry trends and MaRisk, ICAAP, ILAAP, and CSDR regulatory developments

Your profile:

• MA, MS or equivalent with emphasis in (Financial) Mathematics, Statistics, Computer Science, Economics or any other quantitative discipline

• Previous work experience (2-3 years) in financial risk management specially development or validation of risk models is considered an asset

• Understanding of financial markets and products including equity, bond, structured products as well as current and upcoming regulatory/compliance requirements (MaRisk, ICAAP, ILAAP, CSDR)

• A self-motivated individual who works independently with a high level of analytical capabilities and attention to detail

• Excellent written and oral communication skills in English (German and French are considered an asset) as well as the ability to clearly present complex topics in plain terms

• Excellent team player with strong interpersonal skills

• Ability to work under pressure and against tight deadlines

• Good command of Excel, VBA, SQL and object-oriented programming specially Python