Senior Manager: Quantitative Risk Advisory & Technical Reference Expert

Network Finance; Randburg; On-site; ZAR 1,000,000 - 1,800,000; Full time

Job summary

Network Finance is seeking a senior quantitative risk specialist to lead the development, validation, and improvement of advanced risk models across asset classes including rates, FX, equities and commodities. You will provide expert pricing insight on derivatives, XVA, FRTB, and securitisation frameworks.

You will drive market and treasury risk solutions, oversee governance and production-grade modelling, and mentor a team of analysts while engaging senior clients in complex advisory

Qualifications

• Education as stated: Master’s or PhD in a quantitative field.
• 6–9 years in Quantitative Risk or related areas.
• Experience with corporate/investment banking or risk advisory.

Responsibilities

• Lead development, validation, calibration, and enhancement of advanced quantitative risk models.
• Drive model development across asset classes including IR, FX, equities, and commodities.
• Provide technical expertise on derivative pricing, XVA, FRTB, structured finance, and securitisation.
• Deliver market and treasury risk solutions including IRRBB, CSRBB, balance sheet risk analytics, and behavioural modelling.
• Oversee governance, code reviews, and production-grade modelling frameworks.
• Manage senior client relationships and lead advisory engagements across banking, insurance, and development finance.
• Mentor and develop quantitative analysts and junior professionals.

Skills

Python

C++

Stochastic calculus

Derivative pricing

Monte Carlo simulations

Model governance

Risk analytics

Education

Master's Degree or PhD in Financial Mathematics, Quantitative Finance, Mathematical Finance, Applied Mathematics, Physics, Engineering, Computer Science, Statistics, or a related quantitative field.

Tools

Murex

CompatibL

Job description

Key Responsibilities:

• Lead the development, validation, calibration, and enhancement of advanced quantitative risk models.
• Drive model development across asset classes including Interest Rates, Foreign Exchange, Equities, and Commodities.
• Provide technical expertise on derivative pricing, valuation adjustments (XVA), FRTB, structured finance, and securitisation frameworks.
• Deliver advanced market and treasury risk solutions including IRRBB, CSRBB, balance sheet risk analytics, and behavioural modelling.
• Oversee quantitative governance, code reviews, and production-grade modelling frameworks.
• Manage senior client relationships and lead complex advisory engagements across banking, insurance, and development finance sectors.
• Mentor and develop quantitative analysts and junior professionals within the team.

Job Experience and Skills Required:

Education:

• Master's Degree or PhD in Financial Mathematics, Quantitative Finance, Mathematical Finance, Applied Mathematics, Physics, Engineering, Computer Science, Statistics, or a related quantitative field.

Experience:

• 6-9 years of hands-on experience within Quantitative Risk, Model Development, Model Validation, Market Risk, Treasury Risk, or Quantitative Advisory.
• Experience gained within Corporate and Investment Banking, Financial Services, or premier Risk Advisory environments.
• Proven experience leading complex quantitative projects and engaging with senior stakeholders.

Skills:

• Advanced Python and/or C++ programming expertise.
• Strong knowledge of stochastic calculus, derivative pricing, linear algebra, numerical methods, and Monte Carlo simulation techniques.
• Experience with model governance and validation methodologies.
• Exposure to Murex, CompatibL, or similar enterprise risk platforms would be advantageous.

Non-Negotiables:

• Deep understanding of quantitative finance and risk modelling.
• Strong communication and stakeholder management skills.
• Ability to act as a technical SME and mentor within a high-performing quantitative team.