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.
Your responsibilities
* 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
Your profile
* 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
* 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.
Mobility
We enable you to move freely with our job tickets, job (e-)bikes and free parking opportunities.
Work environment
Collaboration, communication, or deep focus – in our modern office buildings you will find the perfect work environment.
Health and wellbeing
We care for your health and wellbeing and offer various health promotion measures.
We provide financial stability by offering attractive salaries, company pension schemes, participation in our Group Share Plan, as well as bonuses, subsidies, and discounts.
Collaborate and exchange on-site or work remotely several days a week in line with business needs and local regulations. Our hybrid working model combines the best of both worlds.
We want your job to fit your life situation and offer flexible working time models, childcare allowance, or the possibility to study alongside your job.
Internationality
Our market infrastructures are globally connected. Working with us means collaborating with like-minded colleagues across over 60 locations from more than 100 nations.
Development
We promote individual development by offering internal development programmes, mentoring, further education and training budgets.
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