Operation Analyst - Internship

Join us as a Clearing Operations Derivatives Analyst in our International Graduate Programme (V.We are looking for a Clearing Operations Derivatives Analyst (VIE) to join our team in Rome, starting on 1 February 2026, for an initial period of 12 months. This position is part of our International Graduate Programme (VIE) within Euronext Clearing. You will report to the ECO Derivatives Manager.

You will work closely with colleagues across different units and stakeholders, gaining hands‑on experience in daily derivatives operations and contributing to projects that expand our product offering and improve our clearing processes.

Delivering daily post-trade services for derivatives, ensuring accuracy, timeliness and quality. This includes trade capture, post-trade operations, position management, exercise/assignment and expiry management, trade and instrument reconciliations, premium and variation margin oversight, cash settlement and power derivatives cascading management.

Managing corporate actions across derivatives products, ensuring precise execution and clear communication with clients.

Overseeing physical delivery expiries on commodities products, monitoring matching, reconciliations, reporting and escalating breaches to safeguard business rules.

Acting as the primary liaison for clearing members and internal teams to ensure seamless communication and operational excellence.

Performing daily reconciliations between internal systems and external sources, investigating and resolving discrepancies promptly.

Providing expert client advisory as a second-level point of contact for clearing members, collaborating with internal teams to resolve queries efficiently.

Contributing to operational growth by supporting projects, testing and process enhancements to streamline workflows and support business expansion and new product initiatives.

Supporting default management activities as a derivatives expert.

Performing additional operational tasks as required to maintain service excellence.

Bachelor’s degree in finance, economics, statistics or a related field.

At least one successful internship or work experience in the financial industry, strategy consulting or a fast-growing business.

Strong interest in clearing operations, with a focus on derivatives and commodities products.

Fluent in English; Italian is an advantage.

Excellent knowledge of Excel; knowledge of SQL and Python is a plus.

Joining an agile, innovative and dynamic company where you can make an impact.

Benefiting from a professional experience designed for young graduates, with opportunities for international mobility and development.

Collaborating with a vibrant, international and diverse team of over 2,200 talents across Europe.

We operate seven national stock exchanges, handling 25% of European lit equity trading. Our products include equities, FX, ETFs, bonds, derivatives, commodities and indices. Euronext also provides clearing and settlement services through Euronext Clearing and our network of Euronext Securities CSDs. The company has a diverse domestic and international client base.

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.

We don’t hide our mistakes, and we learn from them

We deliver maximum value to our customers and stakeholders

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.

It does not prevent to add more tasks, projects.

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