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Default Management Officer - FTC 6 Months (f/m/d)

Date: 28-Mar-2021

Location: Luxembourg, LU

Company: Deutsche Börse Group

Field of activity

Clearstream Default Management is part of the Risk Management function and is an elementary component of the management and control of Clearstream as part of Deutsche Börse Group. The Clearstream Default Management team is responsible for handling the default of a customer. As Default Management Officer within CRO Clearstream you will be responsible for supporting the default management activities of Clearstream during a customer default and also ensuring the safety of Clearstream in its role as CSD/ICSD by supporting and developing default management framework for Clearstream’s products and services. You will be actively taking part in our processes, while we are offering you diverse, interesting and above all challenging tasks.

 

Tasks/responsibilities

  • Support / perform Clearstream Default Management activities, early warning framework, market monitoring, control of trade executions
  • Participate to the development and maintenance of a robust Default Management Process, in accordance with internal policies and procedures as well as applicable laws and regulations
  • Prepare proposals to the Executive Board and provide adequate reporting
  • Develop / enhance tools to allow the execution of the default management process
  • Organise and actively participate in various default management simulations / tests
  • Interact with other internal stakeholders such as Credit, Treasury and Securities Lending
  • Analyse new regulatory requirements and manage their implementation
  • Support the implementation of various enhancements and initiatives within the company

 

Qualifications/required skills

  • University degree in finance or comparable education
  • Good understanding of credit risk, collateral, regulatory topics, CSD-R
  • 1 or 2 years experience in credit, risk or regulatory topics is preferred
  • Good analytical and problem solving skills
  • Highly motivated and open minded team player with a willingness to perform in a critical situation
  • Excellent communication skills
  • High commitment, motivation, creativity and ability to work both independently and flexibly in a team
  • Proficiency in written and spoken English
  • Good command of MS Office