Senior Risk Management Specialist

Senior Risk Management Specialist




Why Nasdaq


When you work at Nasdaq, youre working for more open and transparent markets so that more people can access opportunities. Connections can be made, jobs can be created, and communities thrive. We want all our employees to have access to opportunities, too. That means planning for career growth, ensuring you have the tools you need, and promoting an inclusive culture where were all valued for our unique perspectives.


Here, you will work for a global tech leader committed to breaking down barriers to inclusive prosperity. We see technology as a means to free people up to work together more productively and effectively by centralizing data, analytics, and market intelligence.


Here, were committed to building a more diverse and inclusive workforce. Not only is it our responsibility to do better, but we also need representative voices to power the fresh thinking that is vital for our business and our clients.


What We offer


Nasdaq Clearing is now looking for a Senior Risk Management Specialist to join the Stockholm office. Nasdaq Clearing is a multi-asset derivative clearinghouse covering Commodities, Equity, and Fixed Income. The significant 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 analysis, preparing and planning for managing counterparty defaults, and the ongoing investigation of new products and services from a risk management perspective.


The Market Risk team strives for intra-team knowledge sharing across markets and tasks. You will 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.


What You Will Do


In this role, you will be involved in the market and counterparty risk analysis across all the active markets at Nasdaq Clearing, including financial and commodity derivatives. The part will also focus on related projects, including new products and risk management framework improvements. You will also:


Support risk management in projects related to new products and improvements.
Chip into the teams processes for default management. Here you will plan and take part in default management exercises, including active involvement and exposure to clearing banks and Nasdaq Clearings senior management team.
Support in continually developing and improving existing routines and processes.
Participate in daily risk operations involving supervising and reporting risk levels and limits, handling incidents, and responding to questions from various internal and external stakeholders, including regulatory authorities.
Plan and contribute to default management exercises across all asset classes.


What We Expect


Masters Degree in Finance, Mathematics, Engineering, or other relevant fields
5+ years of validated experience in risk management from the financial industry
Intense curiosity about the financial markets and the ability and willingness to reach a deep understanding of the risks inherent to financial derivatives.
Proven knowledge of at least one of Nasdaq Clearings markets
Excellent proficiency in English, both written and spoken
Microsoft Office proficient


What Would Be Useful If You Have


Have programming skills within SQL, Python, Power BI
Experience from working with clearing
Experience in project management
Proficiency in Swedish


At Nasdaq, we strive to challenge the status quo and always look for new ways to do things to improve and exceed the collective goals of our teams, company, and customers. A strong inner drive and adaptability are therefore crucial to succeed at Nasdaq.


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


If you have any questions, don't hesitate to get in touch with Talent Acquisition Partner, amy.gudjonsson@nasdaq.com.


Come as You Are


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.


We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.


Apply online: http://nasdaqinc.contacthr.com/102349754