Euronext Clearing - Specialist, Model Risk

Euronext; Roma; Presencial; EUR 45.000 - 55.000; Jornada completa

Descripción de la vacante

Euronext in Rome is seeking a Model Risk Specialist to join the Model Risk LOD2 Team in Rome. You will independently validate risk models and develop Python replications for margin and stress testing.

The ideal candidate has a Master’s degree in a quantitative field, 5-7 years in banking or financial services, and strong programming skills (Python/SQL/Julia). Fluency in English is essential, with excellent communication and teamwork abilities.

Formación

• Master’s degree in quantitative field; strong knowledge of financial markets.
• 5–7 years in banking or financial services (or regulators/consultancy).
• Proficiency in Python/SQL with model development experience.
• Fluency in English; strong written communication.
• CFA and/or FRM certification preferred.

Responsabilidades

• Validate risk models for market, credit and liquidity risk.
• Develop Python replications of margin and stress testing models.
• Analyze significant model changes; propose alternatives.
• Design sensitivity analyses, backtesting, anti-procyclicality and stress testing.
• Validate input data; improve data analysis and reporting processes.
• Liaise with Regulators for MV topics; draft validation reports.

Conocimientos

Python

SQL

Julia

Excel

Analytical thinking

English

Teamwork

Communication

Educación

Master’s degree in quantitative field

Herramientas

PyCharm

Bloomberg

Reuters

Descripción del empleo

Join us as a Model Risk – Specialist!

Are you ready to shape the future of capital markets? We are looking for a Model Risk – Specialist to join the Model Risk LOD2 Team in Rome. This is a position offering an exciting opportunity to contribute to our mission.

Ccnl credito

Ral starting from 50.000€

Key accountabilities :

• Independently validate the risk models designed by LoD1 used to measure market, credit risk and liquidity risk
• Develop and maintain independent Python replications of margin and stress testing models, used to benchmark results and to run challenger analyses
• Timely analyse significant changes to a model through a standardized approach and issue recommendations/suggest alternatives
• Design and perform sensitivity analyses, backtesting, anti-procyclicality and stress testing analyses
• Input data validation, implement process improvements to streamline data analysis and reporting
• Liaise with Regulators for MV topics
• Interact effectively with model designers and model developers, as well as with external consultants supporting validation activities
• Present findings and recommendations to management and stakeholders, and draft independent validation reports to internal and supervisory standards

Knowledge, Skills and Experience :

• Master’s Degree in Quantitative Finance, Engineering, Mathematics, Statistics, Physics or equivalent
• Strong knowledge of financial markets and instruments, pricing, risk indicators
• 5-7 years of work experience in the banking or financial services industry, including regulators or consultancy firms; experience with Clearing Houses is a plus
• Solid grounding in market risk quantitative techniques (VaR and Expected Shortfall estimation and related backtesting tests)
• Familiarity with the EMIR regulatory framework and ESMA technical standards is a plus
• Proficiency in Microsoft Office package
• Strong knowledge of programming languages (e.g. Python, SQL, Julia…), with the ability to build and document quantitative models from scratch in a professional development environment (e.g. PyCharm)
• Strong analytical skills, critical thinking and problem-solving attitude
• Fluency in both spoken and written English, including technical report writing
• Strong attitude to teamwork and ability to work well under pressure
• Excellent communication skills and outcome oriented
• Knowledge of info providers (Bloomberg, Reuters)
• CFA and/or FRM certification preferred

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor. We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Additional Information

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects.

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor. We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Additional Information

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects.