Market Analyst Derivatives Market

About the department

Being part of Euronext Market Services (EMS), EMS Markets is at the heart of the Euronext organization. EMS is the front line for Euronext Cash, Derivatives and Commodities business with two operational centres in Amsterdam and Paris. Managing the safety net for trading and safe keeping of the Euronext financial markets within the legal framework to ensure fair and orderly markets for all Cash, Derivatives and Commodities products trading is part of the day to day work. The two teams operate daily from 06:30-22:30 CET.

EMS is a preferred entry point for all talents willing to work in the Euronext or more broadly in the financial markets industry. The teams in Paris and Amsterdam is a team that consists of 15 enthusiastic professionals with a balanced mix of junior and senior people that all bring different expertise.

About the position

Join our team in Paris!

Depending on the shift, the Market Surveillance Analyst has responsibility over a portfolio of international Equity, Index or Commodity Derivative products. One of the main tasks is to supervise the portfolio of Derivative products and trading behaviours to ensure fair and orderly trading is safeguarded. Within your responsibilities you will take necessary actions to prevent irregularities in the market and to resolve issues quickly and accurately.

The candidate will be primarily responsible for:

• Maintaining the derivative safety nets that are used for trading to avoid particular occurrences such as significant price deviations or flash crashes. This can be done by tuning settings and resolving derivative pricing alerts and adjusting pricing parameters.
• Based on rules and regulations, take decisions to halt and reopen the derivative contracts and decide if trades are aberrant or if orders need to be cancelled.
• Monitor the Derivative alerts, spot, report and escalate irregularities based on the Euronext trading procedures, rulebooks, MIFIDII regulation and Market Abuse framework.
• Maintain the test environment and perform sanity checks for on new trading platform releases to secure a safe production environment
• Provide expertise and write Requirements in the diverse projects EMS Markets is involved with.
• Calculation of high-quality daily settlement prices and expiry prices used as closing prices for the Exchange and used by the clearing house for settlements

Your profile

• Master’s Degree in Business, Finance, Engineering or Science
• At least three years of experience in the financial sector, including strong expertise in derivatives. Experience in market surveillance within a derivatives exchange environment is considered an advantage.
• Analytical and detail-oriented individual with a strong affinity for financial trading
• English: full professional proficiency is required; Dutch or French is a plus
• Strong IT acumen
• Python knowledge is a plus, but not mandatory
• Hands-on approach, organized, with attention to detail and able to bring structure
• Team player and intercultural competence and excellent communication skills with ability to work in a virtual team across locations to achieve common goals and deliver projects
• Able to take decisions under pressure, in consultation with other more experienced colleagues, and able to handle stressful situations

Euronext is the leading European capital market covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. We operate seven national stock exchanges, handling 25% of European lit equity trading. Our products include equities, FX, ETFs, bonds, derivatives, commodities and indices. Euronext also provides clearing and settlement services through Euronext Clearing and our network of Euronext Securities CSDs. In addition, Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. The company has a diverse domestic and international client base.

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor. We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Euronext Values

Unity

• We respect and value the people we work with
• We are unified through a common purpose
• We embrace diversity and strive for inclusion

Integrity

• We value transparency, communicate honestly and share information openly
• We act with integrity in everything we do
• We don’t hide our mistakes, and we learn from them

Agility

• We act with a sense of urgency and decisiveness
• We are adaptable, responsive and embrace change
• We take smart risks

Energy

• We are positively driven to make a difference and challenge the status quo
• We focus on and encourage personal leadership
• We motivate each other with our ambition

Accountability

• We deliver maximum value to our customers and stakeholders
• We take ownership and are accountable for the outcome
• We reward and celebrate performance

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor. We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Additional Information

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects.