Nasdaq Clearing is seeking a Senior Quantitative Risk Analyst to join the dynamic, technology-driven and highly productive Risk Modelling team. The successful candidate will play a critical role in developing and maintaining the quantitative models used by the clearinghouse to assess and manage the financial risks associated with the derivatives clearing business.

Nasdaq Clearing is a multi-asset derivatives' clearinghouse covering equity, fixed income and commodity products. You will be a part of the Risk Modelling team consisting of quantitative analysts and software developers.

At Nasdaq, you will work for a global tech leader that empowers businesses and investors to succeed, whilst safeguarding the financial stability in the markets we operate. In this position, you will have the opportunity to gain a thorough understanding of the global derivatives clearing business and collaborate closely with various teams within the organization, including Operations, Business Development, and Technology.

We strive to challenge the status quo to exceed the collective goals of our teams, company, and customers. A strong inner drive and adaptability are therefore crucial to succeed at Nasdaq.

What you will do:

• Develop, validate, and maintain quantitative methods for measuring and managing financial risks across various financial products and portfolios
• Conduct quantitative analysis to assess the risks in derivatives portfolios
• Acting as subject matter expert on various derivatives and securities, representing risk management towards customers, regulators, and internal decision-makers
• Collaborate with internal stakeholders to enhance risk management processes and methodologies.
• Assess the impact of changes in financial regulations, or market structure, on the risk models and exposures of the clearing house.
• Develop and maintain Python applications used by the risk management teams within the clearing house.
• Take part in cross-functional projects in connection to the development of new products or markets, being responsible for developing the appropriate models and risk frameworks for covering the risks involved.

​What we expect:

• A degree in Engineering, Mathematics, Finance or equivalent.
• Strong proficiency in quantitative modelling techniques and statistical analysis.
• Experience of risk and/or pricing within the Fixed Income area
• Several years of working experience in financial risk management.
• Experience with programming languages such as Python, SQL, R, or MATLAB.
• A solid interest in financial markets, and the ability and will to reach a deep understanding of the risks inherent to derivatives.
• Positive attitude and an ability to adapt to an evolving environment.
• Full proficiency in English both written and spoken.
• Analytical and self-motivated approach.

It would be beneficial:

• Prior exposure to financial regulations such as EMIR or CRR/CRD.
• Experience or knowledge of software development life cycle processes.

What we offer:

• Annual monetary bonus.
• An opportunity to become a Nasdaq shareholder.
• Employee Stock Purchase Program Nasdaq stocks with a discount.
• III pillar pension plan with additional contribution from Nasdaq.
• Flexible health insurance program.
• Flexible working schedule and hybrid way of work.
• Additional paid leave days after 2 years of working at Nasdaq.
• Flex day program (up to 6 paid days off a year).
• Internal mentorship program – get a mentor or become one.
• Wide selection of online learning resources, e.g., Udemy and many more.

Here, we’re 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 happens now?

This is a full-time permanent position located in Vilnius. Nasdaq offers a hybrid workplace to find a balance between working from home and collaborating in the office, therefore it's required to come into the office at least 2 days per week.

If you think you would thrive in this role, then we would love to hear from you! Follow the link to apply in English. As the selection process is ongoing, we might close the position earlier than the last application day.

Monthly base salary 3670 – 4500 EUR gross. The final offer will be based on your experience and skills.

About Nasdaq Vilnius

Our Vilnius office is in the modern K29 business center, easily accessed via bus, but we also offer bike storage. Our working space offers an appealing, ergonomic environment, kitchen spaces, and an in-house library. The building hosts a canteen and vending machine as well as restaurants and shops within walking distance.

Nasdaq Vilnius offers our employees a strong compensation package that includes an annual bonus, equity grant, and access to an employee stock purchase program. Employees receive 20 days of annual vacation (plus 1 additional flex day every two months), III pillar pension plan with additional contribution from Nasdaq, a flexible health insurance program, career development programs, and more.

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.