Quantitative Analyst (f/m/d)

Field of activity 
Group Credit`s overriding 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.

Responsibilities  
•    Define model development and implementation concepts for all credit models clearly stating the roles and responsibilities of appropriate segregation of functions.
•    Define a consistent testing procedure for credit models, with each step clearly determined, including standard tests such as model tests (margin explain, Profit & Loss explain, stress tests etc.), benchmark tests, implementation tests and other plausibility tests, and taking into consideration the available (or planned) infrastructure and interfaces.
•    Define, document and manage all processes required for the maintenance of the models in their productive states; drive and take the ownership for continuous improvements to the existing methodologies; address any related findings as revealed by model monitoring or model validation.
•    Conduct periodic recalibrations of otherwise static model parameters, undertake impact assessments and report on the results, where applicable.  
•    Support model validation by providing all relevant information for validation activities.
•    Act as a single point of contact for all model-related queries; support communication with the related stakeholders in the model risk management process (i.e. senior management, model validation, auditors, regulators). 
•    Maintain internal model inventory and model documentation. 
•    Report to Clearstream executive management and risk committees on the related matters.

Qualifications/skills
•    Advanced degree in a quantitative discipline (M.Sc., PhD/CFA or equivalent will be considered of an advantage)
•    Ideally minimum 3 years of relevant experience in the model/product development roles and/or model validation function, or related roles
•    Good understanding of financial markets and pricing of fixed-income instruments 
•    Experienced in modelling data and creativity in finding adequate solutions using MatLab/R/Python or alike.
•    Strong problem-solving and analytical skills, ability to draw accurate conclusions based on complex data
•    Sound understanding of statistics and quantitative techniques
•    Familiarity with relevant risk management regulations and guidelines (CSDR, TRIM, BCBS239, MaRisk) will be considered of an advantage  
•    Sound judgement, ability to articulate complex concepts in a succinct and clear way 
•    Integrity, willingness to take responsibility, high level of reliability 
•    Team spirit, excellent communication, presentation and interpersonal skills.
•    Excellent command of written and spoken English. German and/or French will be an asset

Competencies
•    Achievement: Continuous focus on improvements. Ability to work under pressure and handle multiple tasks. Quick learner. Intellectual curiosity. Credibility and drive to present senior management with robust and accurate recommendations.
•    Change Orientation: Flexibility, easiness to adapt to continuous changes within the organisation.
•    Collaboration: Ability to work independently, and as part of an international team. Ability to operate across a number of functions and business areas. Self-confidence to conduct negotiations and meetings within the Deutsche Börse Group.
•    Organisational Commitment: Willing to commit to Clearstream and Deutsche Börse Group, acting with integrity in ways that promote the organisation’s mission, policies and rules.