Quantitative Risk Specialist

PwC South Africa; Wes-Kaap; On-site; ZAR 40 000 - 80 000; Full time

Job summary

An established industry player is seeking a talented Quantitative Specialist to join their dynamic team. In this role, you will leverage your expertise in quantitative modelling and financial instruments to provide innovative solutions to complex client challenges. You will develop and implement cutting-edge models while collaborating closely with internal teams and clients, ensuring that your contributions drive exceptional value. This position offers the opportunity to deepen your technical skills in a supportive environment, where you can grow your personal brand and inspire others. If you are passionate about tackling real-world problems and making a significant impact, this role is for you.

Qualifications

• 2-5 years of quantitative experience with modelling derivatives.
• Strong technical knowledge of programming languages like Python and R.

Responsibilities

• Develop and implement quantitative models for financial challenges.
• Collaborate with teams to ensure solutions deliver clear value.

Skills

Quantitative Modelling

Valuation of Derivatives

Client Relationship Management

Project Management

Problem Solving

Education

Mathematical Finance

Actuarial Science

Financial Engineering

Tools

Excel VBA

Python

R

Matlab

Job description

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 isn’t 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 team’s thinking.

Requirements:

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 success—both 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%