Intern / Working Student - Risk Methodology Etd (F/m/d)

**Build the future of financial markets. Build yours.**:
Ready to make a real impact in the financial industry? At Deutsche Börse Group, we'll empower you to grow your career in a supportive and inclusive environment. With our unique business model, driven by 15,000 colleagues around the globe, we actively shape the future of financial markets. Join our One Global Team

**Want to learn more?**

**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.

Frankfurt am Main

**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**

Eurex Clearing’s Models & Analytics section is responsible for developing and maintaining its state-of-the-art risk methodologies, comprising models for market risk and product valuation amongst others. Within the section, the Risk Methodology ETD team focusses on risk methodology for exchange traded products such as futures and options. This collaborative team is responsible for the development of valuation and risk measurement methodologies as well as the on-going maintenance of models relating to existing exchange traded derivatives and the integration of new products into the risk framework. As a Working Student in Risk Methodology you will support and contribute to the design, development, calibration, maintenance and documentation of valuation and risk methodologies. You will be actively taking part in our processes, with a focus on exchange traded products.

**Your responsibilities**:

- You will perform quantitative statistical analyses of model behaviour in the context of market events or specific portfolio constellations. This may include developing tools to supervise and calibrate valuation and risk models, or monitor Profit-and-Loss and Value-at-Risk figures
- You will assist the design and maintenance of valuation and risk models as well as support the introduction of new products on the exchange
- Furthermore, you will be involved in designing, implementing and documenting the internal Python prototype
- You will support project planning activities (tasks, work estimates, timelines, and resources)

**Your profile**:

- You are enrolled during the entire period of activity at a state-recognized university as a regular student and have completed a minimum of 4 semesters in a quantitative discipline (Econometrics, Mathematics, Physics, Financial Engineering, Computer Science or any other comparable degree with risk management focus including empirical, quantitative analysis and methods)
- Strong interest in capital markets and basic knowledge of derivatives valuation and risk management coupled with strong quantitative and analytical skills
- You are able to work flexibly both in a team environment as well as independently. You are creative and can take on responsibility
- Experience in programming & scripting (Python), databases (SQL) and code sharing practices (git). Exposure to compiled languages (e.g. C++, Java) and OOP would be an asset
- You are fluent in written and spoken English and can explain and present complex quantitative topics to different stakeholders

**Start date**:15/10/2025

**Why Deutsche Börse Group?**:
**Mobility**:
We enable you to move freely with our job tickets, job (e-)bikes and free parking opportunities.

**Work environment**:
Collaboration, communication, or deep focus - in our modern office buildings you will find the perfect work environment. Free drinks and food and meal allowances included.

**Health and wellbeing**:
We care for your health and wellbeing and besides various health promotion measures we offer you a group accident insurance and additional insurance offers at discounted rates.

**Financial stability**:
We provide financial stability by offering attractive salaries, company pension schemes, participation in our Group Share Plan, as well as bonuses, subsidies and discounts.

**Hybrid work**:
Collaborate and exchange on-site or work remotely several days a week in line with business needs and local regulations. Our hybrid working model combines the best of both worlds.

**Flexible working hours**:
We want your job to fit your life situation and offer flexible work