Euronext Clearing - Senior Associate, Model Validation

ppJoin us as a Model Validation - Senior Associate! Are you ready to shape the future of capital markets? We are looking for a Model Validation - Senior Associate to join the Model Risk LOD2 Team in Rome. This is a position offering an exciting opportunity to contribute to our mission. RAL starting from 45.000€. /ph3Key accountabilities: /h3ulliIndependently validate the risk models designed by LoD1 used to measure market, credit risk and liquidity risk /liliDevelop and maintain independent Python replications of margin and stress testing models, used to benchmark results and to run challenger analyses /liliTimely analyse significant changes to a model through a standardized approach and issue recommendations/suggest alternatives /liliDesign and perform sensitivity analyses, backtesting, anti-procyclicality and stress testing analyses /liliInput data validation, implement process improvements to streamline data analysis and reporting /liliLiaise with Regulators for MV topics /liliInteract effectively with model designers and model developers, as well as with external consultants supporting validation activities /liliPresent findings and recommendations to management and stakeholders, and draft independent validation reports to internal and supervisory standards /li /ulh3Knowledge, Skills and Experience: /h3ulliMaster's Degree in Quantitative Finance, Engineering, Mathematics, Statistics, Physics or equivalent /liliStrong knowledge of financial markets and instruments, pricing, risk indicators /lili3-5 years of work experience in the banking or financial services industry, including regulators or consultancy firms; experience with Clearing Houses is a plus /liliSolid grounding in market risk quantitative techniques (VaR and Expected Shortfall estimation and related backtesting tests) /liliFamiliarity with the EMIR regulatory framework and ESMA technical standards is a plus /liliProficiency in Microsoft Office package /liliStrong 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) /liliStrong analytical skills, critical thinking and problem-solving attitude /liliFluency in both spoken and written English, including technical report writing /liliStrong attitude to teamwork and ability to work well under pressure /liliExcellent communication skills and outcome oriented /liliKnowledge of info providers (Bloomberg, Reuters) CFA and/or FRM certification preferred /li /ulpWe 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. /ph3Additional Information /h3pThis 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. Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody to solutions for issuers and investors. Euronext operates MTS, one of Europe's leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities central securities depositories (CSDs) in Denmark, Italy, Norway and Portugal. Euronext’s regulated exchanges in Belgium, France, Greece, Ireland, Italy, the Netherlands, Norway and Portugal host a broad range of listed issuers, a strong blue-chip franchise and the largest global center for debt and fund listings. With a diverse domestic and international client base, Euronext is a major venue for European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. For the more information, please visit our career website. /p /p #J-18808-Ljbffr