You focus on validating risk management processes and assessing model performance, addressing both qualitative and quantitative challenges while enhancing reporting tools and practices.
Anforderungen
- •Enrolled in a state-recognized university
- •Minimum four semesters in relevant fields
- •Possibility of an orientation internship
- •Strong interest in capital markets
- •Basic knowledge of derivatives market
- •Teamwork and independent task completion
- •Analytical and problem-solving skills
- •High motivation and curiosity
- •Good knowledge in statistical analyses
- •Some knowledge in databases, Python or R
- •Competent in MS-Office applications
- •Fluent in written and spoken English
- •German is a plus
Deine Aufgaben
- •Assist in validation activities for risk management.
- •Assess risk model performance using statistical analysis.
- •Conduct backtesting and sensitivity analysis.
- •Support qualitative and quantitative model challenges.
- •Maintain and improve validation reporting tools and processes.
Deine Vorteile
Insight into CCP Risk Management
Opportunity to explore capital markets
Participation in diverse tasks
Original Beschreibung
**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
**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 R is desirable. You are also competent in the handling of MS-Office applications
* You are fluent in written and spoken English, German is a plus
**Start date:** 01/09/2025