Join us as a Senior Quantitative Risk Analyst – Financial Risk (LOD2, CCP) Location: Rome (Hybrid) Team: Clearing Risk – LOD2 Financial & Credit Risk Reporting to: Head of Financial & Credit Risk Gross Annual Salary: 45.000 - 50.000 euro About the role We are looking for a quantitative profile to join the Risk Oversight & Controls (ROC) function within the Second Line of Defence (LOD2) of a Central Counterparty (CCP). The role is focused on independent model challenge, EMIR regulatory testing and controls across margin, default fund, and risk frameworks. This is a high-impact position: you will not develop models, but you will assess, challenge, and strengthen them. You will work at the intersection of quantitative modelling, risk governance, and regulatory expectations. Key responsibilities * Model Challenge (core focus) * Perform independent challenge of Initial Margin, Default Fund, and stress testing frameworks across asset classes (Fixed Income, Equities, Derivatives, Commodities, Power) * Analyse model assumptions, limitations,



and behaviour under stressed and non-linear market conditions * Identify weaknesses and propose improvements, recalibration, or redesign * Contribute to structured reviews of new models, parameter changes, and new business initiatives * EMIR Tests & Quantitative Validation Activities * Execute and enhance EMIR-mandated tests (Backtesting, Sensitivity Analysis, Reverse Stress Testing) * Analyse results with a critical view on model performance, stability, and procyclicality * Support interpretation of outcomes and escalation of key findings * Contribute to continuous improvement of testing frameworks and methodologies * Controls & Risk Monitoring * Design and perform quantitative controls on margin, default fund, and key risk metrics * Monitor consistency, stability, and risk sensitivity of model outputs * Develop anomaly detection approaches (including data-driven or ML-based techniques) * Investigate outliers and perform deep-dive anal

📌 Euronext Clearing- Senior Associate, Financial Risk (Latina)
🏢 Cassa di Compensazione e Garanzia
📍 Latina