Benchmarks Officer

The European Money Markets Institute; Brussel Hoofdstad; Sur place; EUR 60 000 - 90 000; Plein temps

Résumé du poste

The European Money Markets Institute (EMMI) seeks a Benchmarks Officer to contribute to implementation and oversight of benchmark provisions, help maintain benchmark quality, and participate in the design of new products.

Based in Brussels, you will join the Operations Unit and report to the Head of Unit. You will help monitor EURIBOR, EFTERM, and the STEP market label, manage data analysis, governance, and reporting across European money markets.

Qualifications

• :Advanced degree requirements in Finance, Economics, Business or law

Responsabilités

• Controlling, monitoring and implementing daily collection, calculation and publication processes of EMMI’s benchmarks.
• Quality control of benchmarks through regular data quality checks.
• Maintain and develop supporting systems and identify new products.
• Contribute to projects to achieve EMMI’s strategic objectives.
• Draft reports on EURIBOR and EFTERM developments; monitor and analyze benchmark methodology.

Connaissances

Analytical thinking

Project management

Strong communication

Problem solving

Teamwork

Formation

Master's degree in Finance/Economics/Business

Bachelor’s degree +5 years experience

Outils

MS Office

SQL

R

Python

Tableau

Description du poste

About EMMI

The European Money Markets Institute (EMMI) is an international non-profit association based in Brussels. It develops and administers financial benchmarks, including Euribor. EMMI also contributes to market standards and industry dialogue through dedicated forums.

EMMI is dedicated to supporting the smooth functioning and integration of European money markets by administering trusted benchmarks, driving market efficiency, and supporting a more resilient European financial system.

More information: www.emmi-benchmarks.eu

Our values are:

• Transparency — we promote openness and clarity in all our activities;
• Harmonisation — we support the alignment of standards and practices across markets;
• Integrity — we act with independence, accountability and a strong sense of ethics;
• Operational excellence — we strive for the highest quality in our outputs through robust, resilient and efficient processes.

The European Money Markets Institute is seeking to recruit a Benchmarks Officer to contribute to the implementation and oversight of benchmark provisions, help maintain benchmark quality, and participate in the design and development of new products.

The position is permanent, full-time and based in Brussels.

You will be part of EMMI’s Operations Unit and report to its Head of Unit. The Operations Unit is responsible for all activities related to the provision of EMMI’s product lines, which currently include the euro zone’s most important critical financial benchmark, EURIBOR, its fallback rate, EFTERM, and the STEP commercial paper market label.

These activities include the design and development of existing and new products, their governance and quality control, and their distribution. The Operations Unit also implements internal operational processes, oversees outsourced processes, interacts with contributing panel banks, and monitors, analyses and reports on conjunctural and structural developments in money markets, in particular in the euro area.

Key responsibilities

In this role, you will contribute to:

• Controlling, monitoring and/or implementing the daily collection, calculation and publication processes of EMMI’s benchmarks;
• Controlling, monitoring and continuously enhancing the quality of the benchmarks, including designing and performing regular data quality checks;
• Maintaining and developing supporting systems;
• Identifying, designing and developing new products;
• Contributing to projects run to achieve EMMI’s strategic objectives.

You will also be responsible for:

• Monitoring and reporting on developments in the European money markets and commercial paper markets;
• Drafting relevant reports on EURIBOR and EFTERM developments;
• Performing data analysis in the ongoing monitoring and scheduled review of the EURIBOR methodology;
• Leading selected Operations Unit projects.

Qualifications and experience

The ideal candidate has:

• A Master’s degree, or a Bachelor’s degree plus 5 years of relevant experience, in Finance, Economics, Business Administration, Law or another relevant field;
• Advanced knowledge of MS Office, in particular Word, Excel and PowerPoint;
• Experience working with large datasets;
• Experience with programming languages such as SQL, R or Python;
• Experience using visualisation tools such as Tableau;
• Excellent command of English and another EU language, both oral and written.

Skills

You demonstrate the following skills:

• Proactive mindset with a strong sense of ownership and accountability;
• Excellent problem-solving skills and attention to detail;
• Ability to manage and lead projects and workstreams simultaneously;
• Ability to develop well-structured policies, procedures and technical documentation;
• Effective communication skills, with the ability to report and document activities clearly and concisely;
• Ability to work both independently and collaboratively within a team;
• Strong analytical skills to assess complex market, data and benchmark-related issues and propose pragmatic solutions.

Behavioural attributes

At EMMI, we value candidates who demonstrate:

• Teamwork — working in an environment of trust, encouraging open exchange of information and valuing the debate of ideas;
• Accountability — taking responsibility for actions, decisions, outcomes and contributions;
• Results orientation — focusing on timely delivery, effective results and high-quality work;
• Learning and development — actively seeking to grow knowledge, skills and capabilities;
• Openness to change — challenging the status quo and embracing new ways of working for the long-term good of the organisation.