Quantitative Risk Manager

Placements24; Cape Town; Sur place; ZAR 1 800 000 - 2 800 000; Plein temps

Avantages offerts par ce poste

Competitive pay

Bonus program

Medical & retirement

Professional development

Cape Town base

Résumé du poste

Placements24 invites a seasoned Quantitative Risk Manager to join their risk management team in Cape Town. You will design, implement, and validate advanced models to measure market, credit, and operational risk, reporting to senior management.

Required are 7+ years in Banking & Finance, strong programming skills (Python, R, C++, MATLAB) and deep regulatory knowledge, including Basel III/IV, with a drive to strengthen the firm’s risk framework in a dynamic SA market.

Qualifications

• Master's or Ph.D. in a quantitative discipline such as Mathematics, Statistics, Physics, Financial Engineering, or a related field.
• Minimum of 7 years of experience in quantitative risk management or a closely related field within Banking & Finance sector.
• Proven expertise in developing and implementing quantitative models for risk assessment (e.g., VaR, Expected Shortfall, credit scoring, pricing models).
• Strong programming skills in languages such as Python, R, C++, or MATLAB.
• Familiarity with Basel III/IV regulatory requirements.

Responsabilités

• Design, develop, validate, and implement quantitative risk models for market risk, credit risk, and operational risk.
• Conduct stress testing and scenario analysis to assess the impact of adverse market conditions on the firm’s portfolio.
• Develop and maintain risk metrics, KRIs, and risk dashboards for senior management and regulatory reporting.
• Collaborate with trading desks, portfolio managers, and business lines to understand risk drivers and implement risk mitigation strategies.
• Ensure compliance with Basel III/IV and internal risk policies.
• Perform ad-hoc quantitative analysis and research to support risk management initiatives.
• Validate third-party risk models and data sources used within the risk management framework.
• Stay updated on developments in quantitative finance, risk management techniques, and regulatory landscape.
• Contribute to the firm’s risk appetite statement and framework.
• Present complex quantitative findings to technical and non-technical audiences.

Connaissances

Quant models

VaR/ES

Python

R

C++

MATLAB

SQL

Basel knowledge

Formation

Master's or PhD in quantitative field

Outils

Python

R

C++

MATLAB

Description du poste

About the Role

Our client, a premier financial services group, is seeking an accomplished Quantitative Risk Manager to join their esteemed risk management division based in Cape Town, Western Cape. This critical role involves developing, implementing, and maintaining sophisticated quantitative models to measure, monitor, and manage market, credit, and operational risks. The ideal candidate will possess a deep understanding of statistical modelling, financial instruments, and regulatory requirements within the Banking & Finance industry. You will play a crucial role in ensuring the firm's risk exposure is accurately assessed and effectively controlled. This is an excellent opportunity for a driven professional to contribute to a robust risk framework in the vibrant city of Cape Town, Western Cape, working within a dedicated team focused on safeguarding the company's financial health. The role requires full engagement with the team in our Cape Town, Western Cape office.

Key Responsibilities

• Design, develop, validate, and implement quantitative risk models for market risk, credit risk, and operational risk.
• Conduct stress testing and scenario analysis to assess the impact of adverse market conditions on the firm's portfolio.
• Develop and maintain risk metrics, Key Risk Indicators (KRIs), and risk dashboards for senior management and regulatory reporting.
• Collaborate with trading desks, portfolio managers, and business lines to understand risk drivers and implement risk mitigation strategies.
• Ensure compliance with relevant regulatory frameworks (e.g., Basel Accords) and internal risk policies.
• Perform ad-hoc quantitative analysis and research to support risk management initiatives and decision-making.
• Validate third-party risk models and data sources used within the risk management framework.
• Stay updated on the latest developments in quantitative finance, risk management techniques, and regulatory landscape.
• Contribute to the development and enhancement of the firm's risk appetite statement and framework.
• Present complex quantitative findings in a clear and concise manner to both technical and non-technical audiences.

Requirements

• Master's or Ph.D. in a quantitative discipline such as Mathematics, Statistics, Physics, Financial Engineering, or a related field.
• Minimum of 7 years of experience in quantitative risk management or a closely related field within the Banking & Finance sector.
• Proven expertise in developing and implementing quantitative models for risk assessment (e.g., VaR, Expected Shortfall, credit scoring, pricing models).
• Strong programming skills in languages such as Python, R, C++, or MATLAB.
• In-depth knowledge of financial markets, derivative instruments, and financial risk management principles.
• Familiarity with regulatory requirements impacting financial institutions, including Basel III/IV.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong communication and interpersonal skills, with the ability to collaborate effectively across different departments.
• Experience working with large datasets and database management tools (e.g., SQL).
• Must be a resident or willing to relocate to Cape Town, Western Cape.
• Ability to work independently and manage multiple complex projects simultaneously.

Benefits

• This role offers a highly competitive salary and an attractive performance-based bonus structure.
• Comprehensive medical and retirement benefits are provided.
• Our client invests in continuous professional development, offering access to advanced training, conferences, and relevant certifications.
• You will work in a stimulating and collaborative environment within the Cape Town, Western Cape financial hub.
• Opportunities to shape the firm's risk strategy and contribute to its long-term stability are abundant.
• Enjoy the challenge of working with complex financial instruments and diverse portfolios in South Africa's leading financial centre.
• Support for further education and relevant accreditations will be provided.
• Our client offers a chance to be at the forefront of risk management innovation.
• A dynamic work environment awaits, contributing to the stability of one of Africa's most significant economies.