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Swaps Clearing Functional Analyst (f/m/d)

Date: 02-May-2021

Location: Frankfurt am Main, DE

Company: Deutsche Börse Group

Field of activity
As Swaps Clearing Functional Analyst you will be mainly responsible for the creation of specifications for new swaps clearing services. Additionally, you will contribute to the general functional support for the further extension of Eurex Clearing’s services for Swaps derivatives. This includes also acceptance testing activities for new system versions and maintenance activities. In a challenging environment you will work closely with the business development areas and application development, understanding both market requirements and technical implications associated with planned system extensions.



  • Support and maintenance of projects related to Eurex Clearing system, especially for Swaps derivatives
  • Assist and review the definition of high-level specifications
  • Support the specification phase by defining and reviewing the respective functional specifications, identifying dependencies to other functional areas or business processes and mitigating potential risks
  • Consultation with the business developments, IT and market participants
  • Functional support of the implementation phase, especially with management and analysis of functional issues, service implementation and documentation
  • Functional acceptance of new versions of Eurex Clearing System for Swaps derivatives, coordination, preparation and execution of appropriate test activities


Qualifications/required skills

  • University degree, preferably in economics, information technology, mathematics, physics, engineering or comparable education with professional experience
  • Deep functional knowledge of Swaps derivatives especially Interest Rate Swaps, FX Swaps and XCCY Swaps
  • Calypso v15 & v16 experience with focus on Clearing module including ERS (Enterprise Risk Services)
  • Know how in the area or trade processing for Swaps derivatives including the interaction with trading platforms i.e. MarkitSERV, 360T, Bloomberg, Traiana, TradeWeb etc.
  • Understanding of quantitative risk management for financial and non-financial instruments would be an asset
  • Know how in the area of clearing and post trade processing for Swaps including AMQP, FpML & GUI interfaces
  • High commitment and motivation, take on responsibility, creativity and the ability to work independently as well as the ability to work flexibly in a team environment
  • Excellent communication and negotiation skills, a proficient manner as well as project experience
  • Familiar with agile development methodologies, especially with the role of a Product Owner
  • Proficiency in written and spoken English; additional German language skills will be an asset
  • Experience in programming SQL, VBA, Python or XML/FpML would be an asset