Careers

Join Us in Enhancing Risk Management at Euronext CSDs

Are you passionate about risk management and eager to contribute to the stability and security of financial markets? Euronext Central Securities Depositories (CSDs) are committed to maintaining robust risk management practices that safeguard transactions and protect stakeholders.

Why Support Risk Management at Euronext CSDs?

• Innovation: Contribute to the development of innovative solutions that enhance risk assessment and mitigation processes.
• Collaboration: Work alongside industry leaders and risk management experts to develop and implement strategies that address emerging challenges.
• Growth: Gain valuable experience and insights in a dynamic environment that fosters professional development and growth.

Your Role:

As an intern, you will play a crucial role in supporting  the Risk Management  team with the following activities:

• Risk Analysis: Examine processes and activities to identify and assess strategic and operational risks, contributing to a forward-looking control system.
• Risk Profile Contribution: Assist in updating the Risk Profile for legal entities within the Euronext CSDs perimeter.
• Operational Risk System Maintenance: Ensure the Operational Risk System is up-to-date by completing key information requirements and maintaining high-quality data.
• Risk Indicators Project Support: Aid in enhancing the quality of risk indicators, their collection, and reporting.

Candidate Profile:

We are looking for candidates who possess:

• A degree in Economics, Management, Finance, or a related field.
• Fluency in both written and spoken English.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint).
• A proactive approach and strong collaborative skills.
• Ability to work effectively in a multicultural team environment.
• Precision and attention to detail.
• Strong communication and interpersonal skills, essential for interacting with senior management.

Get Involved:

This internship offers a unique opportunity to gain hands-on experience in risk management within a leading financial organisation. You will work alongside industry experts, develop valuable skills, and contribute to projects that have a real impact on the stability and security of financial markets.

We are seeking two confident, motivated operations analysts to join our tax operations department in New York City on a full time basis. The main purpose of the role is to process tax relief requests that come in from various international markets and to provide professional, high quality customer service to clients and external stakeholders using the Acupay system. Though experience in asset servicing would be beneficial, it is not essential as long as you possess common sense, keen attention to detail, adaptability and a strong interest in learning the ins and outs of international tax reclaim processes. 

What is Acupay:

Acupay is a financial technology provider supporting securities processing and international tax relief. It provides innovative and efficient solutions to difficult, and often previously unworkable, operational and mechanical problems in securities issuances and international investment.

What you'll be doing:

• Processing and monitoring tax relief requests (Relief at Source, Quick Refund, and Long Form Reclaims), including entitlement monitoring and documentation management, across various markets
• Liaising with DTC, paying agents, and other domestic clearing systems to facilitate the above
• Archiving of files of clients and projects in our electronic system, ensuring all operational contact databases are up to date
• Providing technical support to clients using the Acupay System and conducting training when required
• Responding to client inquiries and liaising with users of the Acupay System, constantly striving to offer exceptional customer service. Building strong client relationships and cross-selling other services
• Validating documentation for filing reclaims in different markets
• Working towards certification level percentages agreed in advance
• Testing of new or improved operational processes and/or systems
• Supporting the organization and completion of calling campaigns
• Creating, reviewing and editing notices and newsletters
• Proactively identifying business and performance improvement opportunities of the department and flagging these to the team leader or senior management in a timely manner
• Maintaining professional competence by complying at all times with the training and competence procedures of the company
• Undertaking any other reasonable duties as deemed appropriate by senior management, commensurate with the level of the post so as to ensure the smooth running of the company

What you'll bring:

• Proven client relationship and problem solving skills, preferably within a tax operations environment
• Good knowledge of and an interest in financial markets, equities and debt instruments
• Proficient knowledge of Microsoft Office software
• Able to work under pressure and to meet deadlines
• Strong client focus and ability to participate in client meetings and conference calls
• Excellent written and verbal communication skills in English, including client communication and ability to mark up legal/procedural documents
• Attention to detail
• Enthusiastic, self-driven, willing to go the extra mile and work at own initiative
• Ability to work under pressure, to work independently as well as to be a team player, particularly across different sites and time zones
• Asset servicing experience (tax or corporate actions) would be a bonus - as would proficiency in speaking other languages

If you think you'll be a great fit for this role, please send your resume, cover letter and salary expectations to CareersNYC@acupay.com . For more information on the job and on Acupay, please visit our website www.acupay.com 

Role

The ETF Quant Business Analyst will be joining a multicultural team based in Paris and with strong connections across Euronext location such as Milan and London.

The ETF Team is tasked with the following mission:

• Maximize the yield, market share and revenue of Euronext ETF trading business.
• Management of trading fees and market making programs.
• Order book analysis and ETF market quality research.
• Client relationship with key trading participants such as global banks, retail brokers, market makers, prop trading firms.
• Business development projects for the expansion of ETF product offering and for the implementation of innovative ways to trade ETF on Euronext trading venues.

Key responsibilities

Leading the quantitative analysis, simulation models, coordination with IT resources and development of software tools available to the ETF Team. Specifically:

• Scenario analysis and simulation models for the optimization of trading fees initiatives, across different clusters of trading members.
• Innovate pricing strategy for ETF clients via segmentation or new trading fee propositions, with the objective to maximize yield extraction while capturing additional trading volumes.
• Engagement with the IT infrastructure (connectivity, trading platform, market data) to run analysis of trading members’ activity and to coordinate project management developments.
• Adoption of tools available to the team (in-house or third-party) to further refine the software, reports, dashboards and outputs to drive business decisions.
• Ability to present key proposals and developments to top management and to clients.

Your Profile

• Excellent academic background in Computer Science or Data Science. Degree in Math, Statistics, or Finance with software development skills are also very welcome.
• Experience in Software development and coding skills: Python and VBA are required. Knowledge of C++ strongly recommended.
• Excellent organizational skills, ability to solve problems and work effectively with tight time constraint. Project management experience is a +
• knowledge about financial markets are strong added values.
• Team player
• Fluency in English, another E.U. langage is a + (French, Italian)

Role Summary

The Project Manager will (i) coordinate and ensure delivery of projects in the Derivatives & Post-Trade department of Euronext, and (ii) support the formalisation of the project roadmap.

Projects at Euronext are varied, such as a new product launch or expansion, technical migration, integration, regulatory change, or business protection. They require collaborating closely with multiple teams across the company. The projects cover the full project lifecycle, from the moment requirements are drafted to the launch of the service in production. Projects are also delivered across the value chain, from trading to clearing to settlement, and need to be tracked as such.

Working on the project roadmap consists in ensuring that projects are properly prioritised and delivered in the group project governance, preparing relevant committees including prioritisation proposals, and providing visibility on project milestones.

This is a highly visible role, at the crossroads of many departments, requiring strong interpersonal and organisational skills. The Project Manager will build bridges, manage risks, structure solid governance and ensure smooth implementation.

Key accountabilities

Project management

• Manage the project in line with Euronext’s Project Management policy;
• Work with the Product Owner on the project description: collect rationale, business case, impacted clients, impacted systems, roadmap, mapping of other key internal & external stakeholders;
• Ensure the Product Owner has drafted requirements and shared with internal stakeholders in due time; check they are complete and follow-up on missing items;
• Track IT delivery, with or without an IT PM, depending on the size and complexity of the project: specifications, sizing, timeline, development, test, dress rehearsals, implementation;
• Collaborate with Sales and Operations teams to build a client tracker, and identify the client journey and sales milestones to secure the project;
• Set up and manage project governance: project & steering committee, project Gates as per the PM policy, escalation calls, dedicated workstream meetings, etc. The PM will be expected to prepare material, present when relevant, organise speakers, draft minutes and follow up on actions;
• Build a RACI matrix for the project, clearly stating the various parties’ roles and responsibilities, and obtaining their sign off;
• Manage key project deliverables: risk log, action log, timeline, KPIs, reporting, decision log,  change request governance, etc.
• Track project spend via RUNN and review financial reporting;
• Oversee, coordinate and sometimes draft internal and external communications;
• Identify, manage, escalate, track issues and risks diligently;
• Ensure all internal readiness actions are properly identified and tracked;
• Secure regulatory non-objection in collaboration with Regulatory, Product and Risk teams.

Project roadmap contribution

• Track the list of initiatives and projects at trading level,
• Prepare the Design Authority meeting with the heads of business lines, collecting a description of new initiatives for approval by the Global Head of Derivatives and Post-Trade,
• Prepare the input for the Markets Service Board, whose role is to manage the project roadmap at Group trading level: provide input on the prioritisation for the Derivatives, Warrants, Securitised Derivatives & Indices business units, prepare materials if required,
• Ensure business, IT and operational teams follow the project management policy, share information through the right channels,
• Liaise with the clearing & CSD teams managing their project roadmap,
• Work on overall project transformation across the Derivatives & Post-Trade business unit, such as training, change management, or selected areas of improvement.

Profile

• At least 3 years’ project management experience, delivering projects from start to finish;
• Ability to draft presentations, memos, manage excel sheets (eg. trackers), draft minutes, action plans, manage risk logs;
• Proactive, rigorous and driven: will pick up on a topic, make sure risks are addressed and issues are solved, review a deliverable thoroughly before validation and will check consistency across instances;
• PMP certification is a plus, knowledge of agile methodology is a plus;
• Ability to deep dive into a topic, even when not an expert, and understand key principles, impact, risks & issues, decisions to be made, and to summarize it for senior management;
• Excellent interpersonal skills, working with teams from various locations and departments, and interacting with varying levels of seniority across the organization;
• Experience working in an international and culturally diverse organization is a plus;

• Knowledge of financial markets is a plus;
• Excellent organizational and time management skills;
• Mastering of PowerPoint and Excel is a must; and
• Mastering of English as a working language is a must.

Key accountabilities

• Interface with a broad range of stakeholders including engineers, designers, sales representatives, marketing teams, suppliers and customers
• Engage with internal IT and design working groups to develop in-depth technical design and application features.
• Manage existing groups of products as well as the development of new ones in line with the roadmap to achieve business priorities
• Oversee the development of a new product and/or service for a particular business area in close cooperation with internal project teams, finance, regulation, surveillance and other key stakeholders.
• Lead P&L-driven business case development, seeking the most profitable balance between client needs and internal cost control
• Develop business cases and the go-to-market strategies for products, compile and evaluate research on the market’s requirements, and identify enhancement to features and functionality.
• Conduct competitor analysis for a particular product offering, functionality, pricing and market penetration to recommend improvements to enhance Euronext’s market position and to ensure we have accurate and up-to-date competitor intelligence and can properly manage any competitive risks
• Assure the competitiveness of pricing structures, monitor the impact of pricing initiatives on clients, and ensure compliance with regulatory and legal requirements (Pricing team(s))
• Maintain and develop relationships with business development and client services, ensure we have an accurate and detailed understanding of our client needs and opportunities to increase market share
• Collect, coordinate, and prioritize bug fixes.

The key accountabilities only describe the main activities and are not intended to be exhaustive. They evolve depending on the expertise level and ongoing projects.

For instance, if a PO has project management experience, they may work as a project manager on dedicated projects, as agreed by the PO and their manager.

Profile

• At least 5 years’ experience in the relevant financial market discipline;
• Past experience in an exchange and / or a CCP is a must;
• In-depth knowledge of agile scrum methodology for project development;

• Autonomous and well organized;
• Excellent oral and written communication skills adequate for documenting complex business requirements clearly and unambiguously;
• Problem-solving and analytical skills;
• Highly motivated, willingness and ability to learn, ability to demonstrate initiative;
• Demonstrable ability to work under pressure to support demanding deadlines;
• Flexibility and ability to work within changing priorities environment;
• Ability to prepare reports, analysis and business correspondence;
• Any additional Business knowledge would be a plus;
• Any technical knowledge would be a plus (architecture, programming, network, protocols, recovery method, system failure handling, …);
• Good planning and estimating skills with a demonstrable track record in using these successfully in a high change, multi-discipline environment; and
• Mastering of English as a working language is a must.

Euronext is the primary exchange in the Euro zone with close than 1 500 listed issuers worth more

than €3.9 trillion in market capitalisation as of end August 2019, an unmatched blue chip franchise

consisting of 26 issuers in the EURO STOXX 50® benchmark and a strong diverse domestic and

international client base.

Euronext operates regulated and transparent equity and derivatives markets. Its total product offering

includes Equities, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities

and Indices. Euronext also leverages its expertise in running markets by providing technology and

managed services to third parties. Euronext operates regulated markets, Alternext and the Free

Market; in addition it offers EnterNext, which facilitates SMEs’ access to capital markets.

About Innovation Team

A dynamic 5-person team working at the intersection of technology and capital markets, directly

supporting Euronext's strategic objectives and reporting to senior leadership.

One of the Innovation department’s main mission is to drive change management and spread the

Innovation culture in the group. Our goal is to develop innovation skills and provide our colleagues with

knowledge and opportunities to think about new ideas and projects. We want to develop forward-

thinking solutions for business organic growth or process improvement.

You're a highly analytical, self-motivated final or penultimate year student with a passion for fintech

innovation and capital markets. Combining an engineering mindset with business acumen, you thrive

in fast-paced environments where you can apply your analytical prowess to emerging technology

trends and business models.

Within the Innovation team, the Intern core missions will be the following :

· Scout and analyze new trends, to ensure the team and Euronext at large are fully

aware of nascent threats and opportunities,

· Develop and deliver transformative AI projects from concept through

implementation, including use case definition, technology selection, development

oversight, and performance measurement,

· Contribute to identify, screen and liaise with fintechs relevant to Euronext’s core

activities and diversification ambitions,  

· Contribute to facilitate innovation challenges,

· Contribute to define and develop use cases and projects on emerging technologies

and business models, notably around alternative corporate financing (security token

offerings), new trading  models and concrete artificial intelligence applications,

· Contribute to the production of briefing notes and presentations, including for

Euronext’s Managing Board,

· Contribute to commercial and technical due diligences and to build business plans.

Final or penultimate year student, ideally combining engineering and business or political science

background, with strong academic credentials.

A first successful internship in the capital market industry, including in a consultancy or fintech, would

be a strong plus but is not required.

The successful candidate will be fluent in French and in English.

Desired skills :

· Autonomy, proactivity and ability to work on multiple projects under tight deadlines

(required),

· Rigor and strong attention to detail (required),

· Strong analytical skills (required),

· Strong written and oral communication skills (required),

· Command of Office pack (required) and programming skills

Market Surveillance Officers are spread across Amsterdam and Paris, and are cross-trained on Cash & Derivatives to mainly:

Key missions :
•    Monitor all trading activities across Euronext financial markets (equities, bonds, derivatives, etc.) in real-time to identify potential market abuse, manipulation, or violations of trading rules. 
•    Analyze market anomalies, price fluctuations, trading volumes, and other key indicators to detect risks of malfunction or non-compliance with market rules. 
•    Review activity reports and alerts generated by surveillance systems, performing in-depth investigations to understand the underlying causes of incidents or irregularities.
•    Perform all necessary functional checks throughout the day to ensure a smooth running of the market.
•    Collaborate with compliance teams and external regulators to investigate potential breaches of market rules and assist in implementing corrective actions. 
•    Prepare detailed reports on detected incidents, provide recommendations for improving surveillance processes, and contribute to periodic regulatory reports.
•    Stay up to date with the latest financial regulations and standards (e.g., MiFID II, MAR) and ensure surveillance practices are aligned with regulatory changes. 
•    Continuously look to improve & optimize our processes and various operational activities to increase the effectiveness and value we deliver to clients. 

Education & Knowledge

·         Master’s level student in finance or engineering or Grandes Ecoles (management or engineering) .

·         Finance majors are most suitable, thought other majors are welcome to candidate

Experience

·         A first experience in finance is appreciated

Profile

·         Rigor, curiosity and willingness to learn

·         Attention to detail while having the ability to see the big picture

·         Proactive and autonomous

·         Integrity and confidentiality are key requirements for this role

·         Strong verbal communication skills both in French and English

·         Good organizational skills and demonstrate a positive problem solving attitude when under pressure

·         Team player with ability to work in a virtual team across locations

·         Conceptual knowledge of most of the following areas: Trade Lifecycle, Exchanges, Cash & Derivatives products and Trading Procedures

·         Learning capacities with basic IT knowledge