Job Description
Join our international team that drives positive change, united by a spirit of openness and curiosity. We empower you to have an impact and to grow – personally and professionally. With us, you work at the heart of financial systems and evolve the way markets operate. We're excited about the future because we are the ones shaping it. Let´s do this together by sharing value! Tracing its origins to 1585, Deutsche Börse Group has become one of the world's leading exchange organisations and an innovative market infrastructure provider. In this role, we provide investors, financial institutions and companies access to global capital markets.Model Validation is a key function within Eurex Clearing's CCP Risk Management department, responsible for independently validating the risk models used to manage risks. The team works closely with other departments such as Models & Analytics, Default Management, Risk Exposure Management, and Enterprise- and Information Security Risk Management. Model Validation reports directly to the Chief Risk Officer of Eurex Clearing.
- Validate market risk models (Prisma), credit/liquidity stress testing models, and valuation models for our growing product offering
- Execute validation projects independently and present work to senior management and regulators
- Collaborate with Model Developers, IT, and other stakeholders
- Maintain validation framework and ensure compliance with relevant policies, standards, and regulatory requirements
- Participate in cross-functional, strategic projects of Deutsche Börse Group for development opportunities
- Degree in a quantitative discipline such as mathematics, finance, statistics, physics, econometrics, or related field
- 3-5 years experience in model validation, model development, risk management, or a related field
- Interest in capital markets, financial products, clearing, and regulation
- Strong communication skills
- Proficient in Python and SQL
- Knowledge of market risk, credit/liquidity stress testing, and valuation models is a plus
We are committed to providing a work environment where everyone feels welcome and can reach their full potential. Our standards go far beyond simply matching candidates with the right position.