Market Risk Analyst

Market Risk Analyst


Nasdaq Clearing is now looking for a Market Risk Analyst to join the Stockholm office. Nasdaq Clearing is a multi-asset derivatives clearinghouse covering Commodities, Equity and Fixed Income. The major risks involved in the clearing business are counterparty risk, market risk, liquidity risk and operational risk.


As part of Nasdaq Clearing's first line of defense, the Market Risk team is responsible for daily risk operations, preparing and planning for the management of counterparty defaults and the on-going analysis of new products and services from a risk management perspective.


The Market Risk team aims for intra-team knowledge sharing across markets and tasks, and you will have the possibility to reach in-depth proficiency of the valuation and inherent risk of all financial and commodity derivatives cleared at Nasdaq Clearing. Additionally, you will work closely with specialists from other teams in the Risk Management department (Risk Modelling, Credit Risk), Business Development, Operations, Technology and Legal from time to time. This is a great opportunity to gain a thorough understanding of the derivatives clearing business, and cooperate across different geographical areas.


Your role and responsibilities


In this role, you will be following up on risk reports, end-of-day margin calls and settlement, operational incidents and issuing intra-day margin calls. You will also:


Support in continually developing and enhancing existing routines and processes.


Contribute to the teams processes for default management. Here you will plan and take part in default management exercises, which include active involvement with and exposure to clearing banks and Nasdaq Clearings senior management team.


Participate in daily risk operations involving monitoring and reporting of risk level and limits, handling of incidents and responding to questions from various internal and external stakeholders including regulatory authorities.


Support risk management in projects related to new products and enhancements


Plan and contribute in default management exercises across all asset classes.


We expect you to have


Masters Degree in Finance/Mathematics/Engineering or similar


2 to 5 years of relevant experience


A solid interest in financial markets, and the ability and willingness to reach a deep understanding of the risks inherent to derivatives.


Excellent language skills in written and spoken English.


MS Office proficiency especially Excel


It would be great if you


Have programming skills within SQL, C# /.NET


Candidates with experience from working with derivatives and/or clearing are preferred.


Does this sound like you?


This is a full-time permanent role located in Stockholm. As the selection process is ongoing, please submit your application in English as soon as possible.


Come as you are


Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information, and public company services. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries. Nasdaq is home to over 4,000 total listings with a market value of approximately $12 trillion. To learn more, about our business visit business.nasdaq.com.


Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information or any other status protected by applicable law.


Apply online: http://nasdaqinc.contacthr.com/84858120