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Junior Quantitative Risk Officer

Luxembourg, LU, L-2955

Job Summary


To reinforce its Risk Modelling and Quantitative Analysis team, the Financial Risk & Reporting department is actively looking for a Junior Quantitative Risk Manager, whose role will be to assist in the deployment of harmonised and homogeneous models, tools, and reports across the Group, covering the full spectrum of risks.

Job Responsibilities


Take part in the design, implementation and maintenance of quantitative models for Group Risk Control, both for regulatory and internal purposes, across all classes of risk (credit, market, operational):

  • the setting up of data collection processes, the adequate structuring of data in the function internal database, and the definition of quality assurance processes in order to ensure data integrity
  • the development of production-grade quality code and its deployment on the IT infrastructure
  • the definition of the associated governance frameworks
  • the monitoring of model performance and the review of model parameters


Actively participate in ECB’s EU-wide stress tests through the development of ad hoc models and tools, and the adaptation of stress scenarios


Support and contribute to the development of internal reporting solutions for Group Risk Control


Work on ad hoc projects within the frame of a fast moving regulatory environment


Provide quantitative support and insights to other Group functions

Qualifications / Experiences


Master (BAC+5) in a quantitative discipline (finance, mathematics, physics, engineering)


2 years experience


Understanding of the banking sector and knowledge of banking products and financial instruments is an asset


Knowledge of banking regulations is a plus



Literacy in Matlab, SQL, SSIS


Fluency with the MS Office suite, especially MS Excel


Strong analytical and mathematical skills


Curious and open-minded with a real interest for learning




Team player





Fluent in English, French is an advantage