Quantitative Risk Specialist

Pricewaterhousecoopers; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A global leading consulting firm in Johannesburg is seeking a motivated Quantitative Specialist with 2-5 years of experience in financial risk modeling. The role requires developing and implementing quantitative solutions to complex financial challenges and requires expertise in statistical modeling and programming. This position offers a full-time employment opportunity to work within a collaborative team environment, focusing on delivering quality insights and solutions to clients.

Qualifications

• 2-5 years of quantitative experience with modeling derivatives or valuing financial instruments.
• FRM, CFA, CQF, or Actuarial Qualifications preferred.
• Strong programming skills in at least one language like Python or R.

Responsibilities

• Develop and implement quantitative models for financial challenges.
• Collaborate closely with clients to provide actionable insights.
• Manage risks and uphold PwC's professional standards.

Skills

Quantitative analysis

Risk management

Statistical modelling

Team collaboration

Interpersonal skills

Education

Mathematical Finance / Financial Engineering

Quantitative Risk Management

Actuarial Science

Tools

Excel

Python

R

Matlab

Job description

Overview

Management Level

Senior Associate

Job Description & Summary

At PwC our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients providing advice and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively.

In actuarial services at PwC you will be responsible for analysing and managing financial risks for clients through statistical modelling and data analysis. Your work will generate valuable insights and recommendations to help businesses make informed decisions and mitigate potential risks.

Enhancing your leadership style you motivate develop and inspire others to deliver quality. You are responsible for coaching leveraging team members unique strengths and managing performance to deliver on client expectations. With your growing knowledge of how business works you play an important role in identifying opportunities that contribute to the success of our Firm. You are expected to lead with integrity and authenticity articulating our purpose and values in a meaningful way. You embrace technology and innovation to enhance your delivery and encourage others to do the same.

Examples of the skills knowledge and experiences you need to lead and deliver value at this level include but are not limited to :

• Analyse and identify the linkages and interactions between the component parts of an entire system.
• Take ownership of projects ensuring their successful planning budgeting execution and completion.
• Partner with team leadership to ensure collective ownership of quality timelines and deliverables.
• Develop skills outside your comfort zone and encourage others to do the same.
• Effectively mentor others.
• Use the review of work as an opportunity to deepen the expertise of team members.
• Address conflicts or issues engaging in difficult conversations with clients team members and other stakeholders escalating where appropriate.
• Uphold and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance) the Firms code of conduct and independence requirements.

Role Summary

At PwC our people in Actuarial Risk and Quants (ARQ) provide actuarial quantitative and financial consulting services to a wide range of clients and across a broad landscape of industries. By building strong relationships with our clients and within the global PwC network we ensure that we are always able to deliver insightful and relevant solutions to significant and complicated risks faced by our clients.

We are seeking a talented and motivated Quantitative Specialist with 2 5 yrs of professional experience to join our team. You have expertise in the valuation of derivatives and financial instruments and a passion for delivering quantitative modelling solutions to real-world problems.

Focused on relationships you are building meaningful client connections and learning how to manage and inspire others. Navigating increasingly complex situations you are growing your personal brand deepening technical expertise developing your skills and expertise to be the best at what you do. You are expected to anticipate the needs of your teams and clients and to deliver quality work. Embracing increased ambiguity you are comfortable when the path forward isnt clear you ask questions and you use these moments as opportunities to grow remaining curious and encouraging curiosity. You are not afraid to contribute your own ideas and raise bold points of view to advance the teams thinking.

Requirements

Were looking for candidates with 2 5yrs of quantitative experience with modelling derivatives or valuing financial instruments.

The following degrees and professional qualifications will be considered :

• Mathematical Finance / Financial Engineering
• Quantitative Risk Management
• Actuarial Science
• Financial Modeling / Mathematical Statistics

FRM CFA CQF or Actuarial Qualifications

Technical knowledge of programming languages like Excel VBA Python R and Matlab is an advantage with a preference for candidates who have advanced skills in at least one of these languages.

Responsibilities

• Develop and implement quantitative models to solve complex financial and risk-related challenges for our clients.
• Design test and deploy derivative and valuation models across a wide range of instruments.
• Build and assess hedging strategies for market risk exposures including hedge effectiveness testing and support for hedge accounting under applicable financial reporting frameworks.
• Collaborate closely with internal teams and clients to ensure solutions are fit-for-purpose and deliver clear value.
• Assist clients with financial instrument valuations including complex derivatives and corporate finance valuations structured deals.
• Hold yourself and others accountable to deliver exceptional client experience delivering quality reports using leading technology responsibly.
• Strong interpersonal skills and the ability to work collaboratively in a team environment helping people move through challenges and instilling confidence.
• Manage risks by following PwC policies and consulting.

A sense of ownership and drive to see tasks and projects through to successboth independently and in leadership of others.

Excellent project management and organisational skills with the ability to manage and prioritise multiple projects and work to deadlines.

Travel Requirements

Up to 20%

Available for Work Visa Sponsorship

No

Job Posting End Date

September 15 2025

Required Experience :

Unclear Seniority

Key Skills

Interventional Radiology,Information Technology Sales,Jdbc,Glass,Architecture

Employment Type :

Full-Time

Experience :

years

Vacancy :

1