Quantitative Risk Analyst

BME | Bolsas y Mercados Españoles; Madrid; Hybrid; EUR 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid work up to 40% remote

Daily meal allowance

Medical insurance for employee and fam

Pension fund

Language learning platforms

Parking, charging spots & shuttle (Las

Job summary

SIX Clearing in Madrid seeks a Quantitative Risk Analyst to develop, calibrate, implement and review quantitative risk methodologies, ensuring resilience to adverse market conditions. You will draft detailed documentation and collaborate with multiple clearing teams to enhance the risk framework.

The role requires a strong quantitative background with 3+ years in financial markets, advanced degrees, and proficient Python with databases.

Qualifications

• Minimum 3 years in financial markets, risk or trading
• Strong quantitative background; MSc/PhD in quantitative field preferred
• Broad knowledge of financial products from bonds to crypto; derivatives understanding
• Proficient Python and databases; scripting language skills a plus

Responsibilities

• Develop, calibrate, implement and review quantitative risk models, stress and back-tests and scenario analyses
• Create clear model/methodology documentation including behavior and testing results
• Collaborate with Clearing teams and Operations for risk oversight
• Advise management on risk identification and implementation of best practices in line with CCPs and markets

Skills

Quantitative risk concepts

English/Spanish comms

Education

MSc in quantitative subject

PhD in financial mathematics

Tools

Python

Databases

Job description

As Quantitative Risk Analyst of SIX Clearing, you will be a key member of our Financial Quantitative Risk Management team. Your primary resposibility is to develop, calibrate, implement and review quantitative risk methodologies of SIX Clearing, enhancing the existing quantitative risk methodologies framework in compliance with the Regulation, and according to the SIX Group risk policies, procedures and best practices in terms of risk management

What You Will Do

• Developing, calibrating, implementing and reviewing quantitative risk models, stress- and back-tests, scenario analysis to ensure SIX Clearing resilience to adverse market conditions
• Write well-formulated documents of model/methodology specifications, behavior, and testing results
• Close collaboration with other Clearing teams, such as Financial Risk Management Clearing, SIX Clearing's Operations (1st line of defense) amongst others
• Advise management on the identification and measurement of the different risks faced by SIX Clearing, as well as on the introduction of good practices in line with other CCPs and markets

What You Bring

• Minimum of 3 year 'experience in the financial markets industry, Quantitative Risk or Trading area, preferably in banks
• Strong quantitative background, desirable an MSc or PhD degree in a quantitative subject, preferably a degree in financial mathematics
• Broad knowledge of financial products from bonds to cryptos. Strong understanding of derivatives products
• Solid experience with Databases and programming skills with Python as the primary language. Experience with other analytical or scripting languages is a plus
• Strong analytical, critical thinking, excellent attention to detail and problem-solving skills
• Good communication skills in English and Spanish to clearly convey ideas in front of various audiences, and concise writing skills

What We Offer

• Hybrid model up to 40% working from home
• 37,5 hours/week with flexible schedule and 29+2 holidays
• Daily meal allowance
• Additional Medical Insurance for employee and family
• Pension fund
• Access to technical and language learning platforms
• Free parking spots, charger spots and shuttle bus (only for Las Rozas - Madrid location)