Euronext Clearing Credit Risk Analyst
Euronext Clearing Credit Risk Analyst
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Job Description
Role Summary
Euronext Clearing is Euronexts multiasset clearing house. It is the CCP of choice for Euronexts cash financial and commodity derivatives markets across Europe offering a harmonised clearing framework across Euronext venues.
Euronext Clearing offers clearing services for cash products (equities ETFs structured products warrants and bonds) on Euronexts cash markets in Amsterdam Brussels Dublin Lisbon Milan and Paris on Italian equity derivatives and fixed income markets and on repos on Italian government bonds. It will soon also offer clearing for Euronext listed commodity derivatives (MATIF) and financial derivatives on Euronext Amsterdam Brussels Lisbon Oslo and Paris. Euronext Clearing ensures the efficient and safe functioning of the markets it serves through the mitigation of counterparty risk and the provision of a robust risk management. It is committed to contributing to the protection of its members and their clients across multiple jurisdictions in Europe providing bestinclass CCP services for trades on financial instruments admitted to trading on the regulated markets and MTFs it clears and delivering its services in an equitable transparent and nondiscriminatory manner.
Euronext Clearing provides a job opportunity as Credit Risk Analyst.
Key Responsibilities
The Credit Risk Team part of the Risk Management Department is in charge of the creditrisk controls executed in the admission process to the Clearing and Guarantee System managed by Euronext Clearing monitoring of Clearing Members creditworthiness after the admission and development of Due Diligence framework to properly monitor Clearing Members riskdriven indicators that can impact the soundness of financial markets.
The Applicant taking on Credit Risk role will be accountable for the following activities:
- Active participation to the admissions process of new Participants to the Clearing System and membership profiles changes aimed at evaluating the fulfilment of the CCP Rulebook and Credit Risk standards;
- Monitoring the maintenance of membership requirements according to timelines established by Euronext Clearings Rules and Regulations;
- Data Analysis activities for the provision of figures and data regarding CCP membership structure;
- Enhancement of Creditrisk controls performed on CCP members;
- Design development and implementation of Due Diligence questionnaire in line with international best practices;
- Interaction in a multicultural fastpaced environment in line with European exposure of the Euronext Group that covers different European Markets (Amsterdam Brussels Dublin Lisbon Milan Paris Oslo).
Additionally the abovementioned role will be also involved in the following activities:
- Participation to Euronext Clearing transformation project from Italian CCP to panEuropean CCP;
- Enhancement of the Customer Analytics by means of the definition of dedicated KPIs and the creation of Robotic Process Automations to manage Credit Risk data archives enhancement of the Credit Risk evaluation and clients account management;
- Enhancement of the Credit Risk model in line with market practice and the new Regulatory Framework of Euronext Clearing in cooperation with the Risk Management Department;
- Conducting inspections and audit process onsite at Clearing Members premises according to the timelines established by Euronext Clearing regulations;
- Enhancement of the set of compliance checks (KYC Know Your Client and Anti Financial Crime) on the customer base.
Candidate Profile
The ideal candidate has:
- Master degree in Economics Finance Statistics Mathematics;
- Knowledge of Credit Risk Management;
- Very Good knowledge of programming languages (e.g. Python Matlab VB Java C) and Microsoft Office Package;
- Knowledge of Data Analytics and Data Management;
- Problemsolving attitude flexibility to cover shifts and outofthebox thinking;
- Team working attitude;
- Fluency in both spoken and written English;
- Between 02 years working experience;
- (preferred) previous experience banking/investment banking or consulting firms.
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.
Required Experience:
IC
Employment Type
Full-Time
