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Quantitative Analyst - Counterparty Credit Risk (f/m/d)

Date: 01-Oct-2020

Location: Luxembourg, LU

Company: Deutsche Börse Group

Group Company: Clearstream Banking S.A. 

Quantitative Analyst - Counterparty Credit Risk (f/m/d) 

Full-time | Unlimited


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. By creating trust in the markets of today and tomorrow we foster growth and contribute to the prosperity of future generations. Deutsche Börse Group is an international company, headquartered in Frankfurt/Main, Germany. With more than 6,700 employees, the company has a strong global presence for its customers all over the world, including Luxembourg, Prague, Chicago, London, Cork, New York and many other locations.
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, covering the entire value chain of global financial markets.

Field of activity

Group Credit’s objective is to ensure that business activities are conducted within a prudent credit risk framework that is consistent with the bank’s credit appetite and in compliance with regulatory and supervisory requirements.  In your position as Credit Monitor Quantitative Analyst – Counterparty Credit Risk you will monitor customers’ credit exposures targeting maximum settlement efficiency while ensuring that the level of credit risk accepted by Clearstream is in accordance with the bank’s credit policies, underwriting standards and regulatory requirements. As part of responsibilities, you will also take charge of monitoring of model performance across the range of collateral models, ensuring that the risks are adequately captured and are in line with the acceptable thresholds. Furthermore, you will provide support and recommendations to management.



  • Monitor, analyze and report credit exposures and collateral across the range of exposure-generating activities, ensuring strict adherence to credit policies and procedures
  • Regularly review, analyze and report model performance on the range of collateral-related models
  • Develop, maintain and enhance the concepts and methods for the effective model monitoring and model performance measurement (collateral models)
  • Work on the maintenance, concepts/ design, testing and implementation of new and existing credit risk monitoring tools (project work)
  • Contribute to the review, update and development of credit policies, procedures and guidelines
  • Review and assess the impact on the credit business of new regulations and guidelines issued by relevant authorities in Luxembourg, Frankfurt and Singapore
  • Support topic-related queries from various internal and external stakeholders
  • Support regular and ad-hoc management and regulatory reporting on credit risk related matters


Qualifications/required skills

  • University degree in a quantitative discipline (Economics / Finance/ Mathematics /Statistics). MSc. or equivalent qualification will be considered as advantage
  • Good understanding of financial markets and instruments as well as market and credit risk concepts – knowledge of the process of clearing and settlement is an advantage
  • Strong problem-solving, conceptual and analytical skills, ability to draw accurate conclusions based on complex data
  • Sound understanding of statistics and quantitative techniques
  • Accuracy, attention to detail, sound knowledge of the systems of records
  • Good programming skills in applications like Python, R, SQL or alike
  • Mandatory strong command of MS Access/SQL/VBA/Macros/databases
  • Team player, high commitment and excellent communication skills
  • Ability to work independently, reliability, structured and result-oriented approach to work
  • Excellent command of English. French and German considered as an asset



Deutsche Börse Group embraces an international climate, whereby diversity is universal. This is evident across the board, be it through our diverse workforce, routine responsibilities or other areas of activities and scope of application. We are looking for employees who enjoy working in a dynamic and flexible environment and are willing to put forward innovative ideas for the company. An open mindset, a proactive approach and self-motivation are prerequisites. 
We offer our employees an attractive remuneration package. Benefits include a high level of trust and autonomy in modern, centrally located workplaces where corporate culture and values are exercised regularly. 

We value diversity and therefore welcome all applications - regardless of gender, nationality, ethnic and social origin, religion/belief, disability, age, sexual orientation and identity.

Have we piqued your interest? Then we encourage you to apply now!


Deutsche Börse Group, Human Resources