Intern - Qualitative / Quantitative Analysis in Risk Management (f/m/d)

Frankfurt (Germany)
Student / Recent Graduate
Deutsche Börse Group
Business & Management

The Job

Learn. Develop. Grow. But always: Share value Join our international team that drives positive change, united by a spirit of openness and curiosity. We empower you to have an impact and to grow - personally and professionally. With us, you work at the heart of financial systems and evolve the way markets operate. We're excited about the future because we are the ones shaping it. Let´s do this together by sharing value! Who we are Tracing its origins to 1585, Deutsche Börse Group has become one of the world's leading exchange organisations and an innovative market infrastructure provider. In this role, we provide investors, financial institutions and companies access to global capital markets. What's your part in all this? With your commitment you contribute to the success of our unique business model: offering a wide range of products, services and technologies for security, transparency and integrity on the markets. By creating trust in the markets of today and tomorrow we foster growth and contribute to the prosperity of future generations. Frankfurt am Main Your career at Deutsche Börse Group Eurex Clearing AG is one of the leading central counterparties (CCPs) globally, assuring the safety and integrity of markets while providing innovation in risk management, clearing technology, and client asset protection. The clearing house provides fully automated post-trade services for derivatives, equities, bonds and secured funding & financing as well as industry-leading risk management technologies. Your area of work: As an Intern - Qualitative / Quantitative Analysis in Risk Management (f/m/d) you are mainly responsible for analyses of the risk model performances of the Eurex Clearing AG CCP risk and valuation models. As a second line function, model validation is key to Eurex Clearing's Model Risk Management. You will gain an insight into different areas of the CCP Risk Management while performing regular and ad hoc model reviews. You will have the excellent opportunity to explore capital market dynamics and gain valuable practical experience in an innovative company. You will be actively taking part in our processes, while we are offering you diverse, interesting and above all challenging tasks. Your responsibilities: You will assist in validation activities related to the risk management process of a clearing house You will assess the risk model performance (e.g. VaR-models) based on quantitative statistical analysis, like backtesting or sensitivity analysis You will be able to assist the qualitative and quantitative challenge of models Furthermore, you will support the regular model risk management reporting and the maintenance and improvement of reporting tools and processes Lastly, you will support in project planning activities (tasks, work estimates, timelines, and resources) Your profile: You are enrolled during the entire period of activity at a state-recognized university with a minimum of four semester of undergraduate studies in Econometrics, Mathematics, Computer Science or any other comparable degree with risk management focus including empirical, quantitative analysis and methods. Furthermore, we offer the possibility of an orientation internship, whereby you are currently in a gap-year after your bachelor's or master's degree in the above-mentioned fields of study - in this case, a certificate of enrolment is not required You are strongly interested in capital markets and have a basic knowledge of the derivatives market You are able to work in a team as well as to complete tasks independently and additionally you have analytical and problem-solving skills, a high motivation and curiosity Ideally, you have good knowledge in statistical analyses, and some knowledge in data bases, python or VBA is desirable. You are also competent in the handling of MS-Office applications (in particular MS Access and MS Excel) You are fluent in written and spoken English, German is a plus Start date:15/03/2023

See full jobBack to overview
Deutsche Börse Group