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Market Risk Quantitative Analyst

Vacancy Details

Reference No.



An established financial services provider is currently seeking an individual to assume the role of Market Risk Quantitative Analyst. The successful incumbent will be responsible for developing best practice models and assessment strategies that are in line with regulations set out by the organisation in order to facilitate world class risk management and the attainment of strategic objectives.


  • Contribute to the development of differentiated, superior solutions (solution engineering) that meet stakeholder and business requirements through analysis, business requirements gathering and designs validation.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
  • Report to, monitor and advise operational areas to manage trends through analysis for ad-hoc requirements.
  • Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
  • Increase efficiencies through programming and automating processes.
  • Enhance business efficiencies and ensure compliance through formal communications and interacting with external bodies.
  • Challenge model builds from around the cluster through peer review participation and ensuring best practice.
  • Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.
  • Ensure data accuracy through data and front-end analysis, pre and post testing of system/strategy changes.
  • Ensure business process consistency through formal communication, updating and maintaining policies.
  • Ensure accuracy and feasibility through impact analysis for newly developed products.
  • Review reporting and ensure accuracy through analysis and providing feedback.
  • Provide advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
  • Manage access and change control and ensure compliance by creating change logs and restricting/providing access.
  • Take corrective action where risk is identified in any processes, models or reporting, through analysis and formal communication.


  • BEng/BSC Hons/MSc/PhD with strong Statistics/Mathematical Focus.
  • 3-5 years relevant experience in an analytical environment.
  • Very good programming skills (Matlab, SAS, C#).
  • Analytical/quantitative skills.
  • Knowledge of credit modelling.
  • Communication and reporting skills (verbal and written).
  • Excellent writing and presentation skills.

Kindly note, if you have not heard from us within two weeks of your application please consider it unsuccessful.

Position Type


Work Level



Market Related


Banking/Finance And Investment

Salary Type



Cost To Company

Affirmative Action


Geographic Location

Gauteng - JHB North