EURONEXT CLEARING - Credit Risk Intern

Role Summary

Euronext Clearing is Euronext's multi-asset clearing house. It is the CCP of choice for Euronext’s cash, financial and commodity derivatives markets across Europe, offering a harmonised clearing framework across Euronext venues.

Euronext Clearing provides an internship opportunity within the Credit Risk Department.

Workplace: Milan (Piazza degli Affari, 6)

Period: 6-month internship

Key Responsibilities

The Credit Risk Team, part of the Risk Management Department, is in charge of the credit-risk 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 handling of Due Diligences conducted on Clearing Members

The Applicant will assist the Credit Risk Department with 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 Clearing’s Rules and Regulations;
• Data Analysis activities for the provision of figures and data regarding CCP membership structure;
• Review of Due Diligence questionnaires, in line with international best practices;
• Interaction in a multi-cultural fast-paced environment in line with European exposure of the Euronext Group that covers different European Markets (Amsterdam, Brussels, Dublin, Lisbon, Milan, Paris, Oslo).

Candidate Profile

The ideal candidate has:

• Master degree in Economics, Finance,  Statistics, Mathematics;
• Very Good knowledge of programming languages (e.g. Python, Matlab, VB, Java, C++,…) and Microsoft Office Package;
• Knowledge of Data Analytics and Data Management;
• Problem-solving attitude, flexibility to cover shifts and out-of-the-box thinking;
• Team working attitude;
• Fluency in both spoken and written English.

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.