Quantitative Risk Analyst

BME | Bolsas y Mercados Españoles; Madrid; Hybrid; EUR 70,000 - 90,000; Full time

Benefits offered by this job

Hybrid work

Daily meal allowance

Medical insurance for employee and you

Pension fund

Learning platforms access

Parking/ shuttle service (Las Rozas -

Job summary

SIX Clearing in Madrid seeks a Quantitative Risk Analyst to develop, calibrate, implement and review risk methodologies within the Financial Quantitative Risk Management team. You will collaborate with Clearing teams, writing clear model documentation and advising management on risk identification and best practices in line with CCPs.

The role requires strong quantitative skills, extensive Python and databases experience, and the ability to communicate in English and Spanish.

Qualifications

• Minimum 3 years in financial markets, quantitative risk or trading
• Strong quantitative background; MSc/PhD in quantitative subject preferred
• Broad knowledge of financial products from bonds to crypto; derivatives理解
• Solid experience with databases and Python as primary language
• Strong analytical, communication skills in English and Spanish

Responsibilities

• Develop, calibrate, implement and review quantitative risk models, stress-tests, and scenario analyses
• Write clear documentation of model specifications and testing results
• Collaborate with Clearing teams and risk management to improve risk practices
• Advise management on risk identification and measurement and on best practices across CCPs

Skills

Quantitative analysis

Python programming

Financial products knowledge

Analytical thinking

Bilingual: English/Spanish

Education

MSc or PhD in quantitative field (e.g., financial mathematics)

Tools

Databases

Python

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)