Risk Analyst - Stress Testing (Market Risk) (f/m/d)

Deutsche Börse AG; Frankfurt; Vor Ort; EUR 90.000 - 130.000; Vollzeit

Zusammenfassung

Deutsche Börse Group's Eurex Clearing is seeking an experienced risk manager focused on stress testing and market risk. You will drive the stress testing methodology, monitor models, and coordinate with internal teams and regulators in a fast-paced EU-wide setting.

The role offers exposure to modern analytics platforms like Databricks and requires a master's degree in a quantitative field with 2–3 years in risk management. Proficiency in English is essential; German is a plus.

Qualifikationen

• Master's degree in a quantitative or economical discipline with risk management focus.
• 2-3 years of hands-on experience in risk management, focusing on risk models and analytics.
• Project management experience or ability to organize complex tasks and present to senior management/regulators.
• Excellent analytical and communication skills with high commitment and responsibility.
• Basic Python experience; German language skills are beneficial.

Aufgaben

• Develop and maintain a holistic stress testing framework for the market risk component of diversified portfolios.
• Continuously improve models and methodologies to reflect market dynamics and regulations.
• Propose changes to stress testing models and calibrations, and support model change processes.
• Work with IT on framework design and validation, including business acceptance testing.
• Participate in EU-wide stress testing exercises conducted by ESMA, contributing to credit risk components.
• Support audits and communicate stress testing matters to internal/external stakeholders and regulators.
• Design and maintain robust data quality checks and analytics datasets on modern platforms (e.g., Databricks).

Kenntnisse

Analytical skills

Problem solving

Communication skills

Project management

Risk analytics

Stakeholder management

Ausbildung

Master's degree in quantitative/economical discipline

Tools

Python

Databricks

Jobbeschreibung

Your career at Deutsche Börse Group

Your area of work

Eurex Clearing’s risk management department is responsible for the risk management framework related to the core clearinghouse business. The main task is to develop integrated risk management solutions covering all asset classes across listed and OTC, from derivatives over equities and bonds up to swaps. Constant monitoring and validation of the framework ensures that it remains state of the art and continues to set industry standards.

Our risk management framework is based on five main pillars: admission criteria, margin and stress testing methodology, exposure monitoring, collateral valuation practices and the default management process.

To further offer attractive and robust risk management solutions to our clients, we are looking for a hands‑on, experienced risk manager in the field of stress testing and/or market risk to drive the stress testing methodology and processes of our clearinghouse forward. The role fosters a holistic understanding of the topic, with responsibilities spanning model monitoring, model development, and internal as well as external stakeholder management.

In addition, the role offers exposure to modern analytics platforms and data‑product‑based approaches used to support scalable and transparent risk analytics.

Your responsibilities

• Develop and maintain our comprehensive and holistic framework to stress test the market risk component of diversified portfolios containing a large variety of different financial products
• Continuous improvement and enhancement of underlying models and methodologies, especially considering dynamic market movements and regulatory requirements
• Propose changes to existing stress testing models or calibrations of scenario shifts for new risk factors due to the introduction of new products or special contracts as well as support or drive the model change process, including impact assessments of proposed changes
• Work on integrated framework design and support IT implementation by defining required functionalities from a model owner’s perspective, including business acceptance testing
• Participate in regular EU‑wide stress testing exercises conducted by ESMA, with responsibility for the credit risk component
• Support external, internal and member audits related to Eurex Clearing’s stress testing programs and communicate stress testing matters to internal and external stakeholders as well as regulatory bodies
• Design, perform and maintain robust data quality checks and controls to ensure data integrity and timely remediation of data quality issues
• Design, develop and maintain analytical data sets and data products on modern analytics platforms (e.g. Databricks) to enable scalable, robust and transparent risk analysis and reporting

Your profile

• You have completed a master's degree in a quantitative or economical discipline (Econometrics, Mathematics, Physics, Financial Engineering, or any other comparable field with risk management focus)
• You have gained 2-3 years of hands‑on experience in risk management, with focus on risk models, risk analytics and tools in the area of stress testing; knowledge of relevant regulations and external standards is a plus
• You have developed basic project management experience or experience to organize and manage complex tasks including presenting to the senior management, clients, industry participants and regulators
• You provide excellent analytical and problem-solving skills as well as communication skills
• You show high commitment, motivation, and willingness to take on responsibility
• You bring basic experience in Python or a similar programming language will be an asset
• You are proficient in written and spoken English; additional German language skills will be an asset