Junior Risk Modeler

Division

The Risk Management (RM) division is a central part of Euroclears second line of defence and its mission is to support Euroclear in achieving its goals and delivering its strategy through providing robust independent oversight of risk-taking activities across the Group. We are a team of around 80 risk professionals based across a number of locations including Brussels London Paris Hong Kong and activities cover the entire Euroclear group.

Role & responsibilities

You will join the Risk & Capital Modelling team which is part of the Risk Management division.

The Risk & Capital Modelling team provides quantitative support to the Risk Management division and relevant governance committees in measuring monitoring and reporting risks at Euroclear.

As part of your role:

• Together with other risk modellers you will be responsible for the development maintenance and documentation of risk models used at Euroclear.
• You will participate in the monitoring and assessment of various risks by executing model runs analysing their output and reporting the results to different stakeholders.
• You will regularly participate to the workshops with various stakeholders of the institution including business lines (i.e. treasury banking product etc.) and control functions (e.g. Model Validation and Internal Audit).
• You will also support various key risk management transversal processes (e.g. ICAAP SREP Stress Testing Pillar 3 etc.).

Required qualifications

• You have extensive experience in coding (R and/or Python).
• You have strong analytical problem-solving and execution skills.
• You have strong knowledge in statistics and particular you are familiar with modelling heavy tail distributions copulas Monte Carlo etc.
• You are able to able to convey technical concepts to a non-technical audience.
• You are adaptable and flexible to evolving business needs objectives and priorities.
• You speak English fluently and expertly in a professional environment.

Good to have:

• You have high level understanding of risk models (e.g. PD LGD EAD AMA ESG etc.) and you are motivated to build your experience in this direction.
• You are familiar with the business and risk profile of financial market infrastructures
• You have a view on European regulation and guidelines related to risk modelling (Capital Requirements Regulation EBA Guidelines etc.)
• You have obtained or are in the process of obtaining a risk or financial professional certification (e.g. FRM CFA)

New ways of working

At Euroclear we believe in an ideal balance between office and remote work toward business team and individual needs enhancing more flexibility trust and individual accountability.

What we offer

An excellent opportunity to practice and develop your talents in a highly professional international environment.

Working closely with inspiring supportive and engaged colleagues from 80 different countries interacting with many stakeholders at all levels across the organization.
A learning and development focused environment with an emphasis on knowledge sharing training and reskilling.
Were agile were growing and so will you!

Great Place to Work for All

We believe that our people are our strength. The diverse talents that our employees bring to the table are directly linked to our global success. We are committed to creating an inclusive culture that celebrates diversity and strive to be a Great Place to Work for All. All qualified applicants will be considered for employment regardless of their race religion color national origin gender sexual orientation gender identity or expression age marital status pregnancy neurodiversity disability or any other aspect that makes them unique. if you need any specific accommodation due to disability or any other reason you can let the recruiter know during your application process.

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