Deadline:
As soon as possible
Location(s)
Germany
Frankfurt am Main
Overview
Details
Who we are
Deutsche Börse Group is one of the world’s leading exchange organisations and an innovative market infrastructure provider. With our products and services, we ensure that capital markets are fair, transparent, reliable, and stable. Together, we develop state-of-the-art IT solutions and offer our IT systems all over the world.
Within the Deutsche Börse Group, Eurex stands for the leading European derivatives exchange and – with Eurex Clearing – for one of the leading central counterparties globally.
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 will be working within the Model Validation team of the Eurex Clearing AG. You are mainly responsible for analyses of risk models in scope of Eurex Clearing’s Model Risk Management policy. 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 validation reporting and the maintenance and improvement of reporting tools and processes
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
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
- You have a solid understanding of statistical analysis and experience with Python. Familiarity with R, SQL, and databases is a plus. You are also proficient in using MS Office applications
- You are fluent in written and spoken English, German is a plus
Dates
Deadline: As soon as possible
Cost/funding for participants
Why Deutsche Börse Group?
We are committed to providing a work environment which makes our employees both feel at ease and reach their full potential. Our standards go far beyond simply matching candidates with the right position.
- Careers with a future
Whether you are an apprentice, a trainee, a young or experienced professional – with us your career is off to a good start that holds many different paths to develop and reach the next level. Your professional future is in your hands – as a manager, expert or project manager. You can count on our support as well as further education and training measures. - Diversity & Inclusion
We embrace diversity. As the cornerstone of our success, your contribution counts – irrespective of gender, nationality, ethnic or social background, religion or worldview, disability, age, sexual preference and identity. - Exciting, cutting-edge projects
“Boredom” is a concept unknown to us. With us you are part of a company that is shaping the future and where you can make a difference and actively participate – by supporting companies and start-ups going public, developing trading technologies or designing the cloud infrastructure for a highly regulated environment. - Guiding principles
We at Deutsche Börse create trust in the markets of today and tomorrow. Our collaborative efforts are defined by integrity, responsibility and transparency as well as by mutual respect and appreciation, both within our organisation and externally. - International environment
Our market infrastructures are connected globally: whether in Singapore, London, Chicago, Luxembourg or Dubai – working with us means collaborating with colleagues and teams across 40 locations from more than 100 nations - Security and growth
Our company is experiencing healthy growth, not least due to our diversified business model. As a globally active exchange organiser, we provide market participants with consistently safe infrastructures that stimulate growth along the entire value chain. For you this means: a secure and promising workplace! - Team spirit
Our employees work in great teams and therefore enjoy working with us. This is reflected in our annual employee surveys. No matter how great the challenges posed by the markets might be – we support each other, work together closely to successfully complete projects and face change with a positive, collaborative approach. - Work-life balance
We offer a work environment, in which professional and private life can interact individually. Flexible working time models, allowance for childcare, working remotely, studying alongside your job or part-time models – we give you the opportunity to adapt your job to your life situation.
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