Market Risk Quantification Specialist

3 weeks ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time

Market Risk Analyst Role

Network Recruitment is seeking a highly skilled Market Risk Analyst to join our Quantitative Analytics and Liquidity Risk Management division.

Main Responsibilities

Our ideal candidate will

  • Design and implement advanced quantitative tools to measure and manage market and liquidity risks.
  • Develop automated processes for risk monitoring and reporting, utilizing languages such as Python, SQL, and Visual Basic.
  • Validate financial instruments and ensure compliance with yield curve construction standards, including Murex system integration.
  • Lead initiatives in Artificial Neural Networks and Machine Learning to enhance risk measurement and analysis.
  • Monitor Value-at-Risk (VAR) limits, escalate breaches, and perform stress testing, including SAM stresses.

Requirements

We are looking for a qualified candidate with

  • A PhD, Master's, or Honours Degree in a quantitative discipline.
  • A minimum of 510 years of experience in quantitative finance and programming.
  • Strong skills in financial mathematics, modeling, and database management.
  • Expertise in Python, SQL, and Visual Basic for development.

Why Join Us?

As a Market Risk Analyst at Network Recruitment, you will contribute to the development of innovative solutions that integrate machine learning into risk management, while engaging with regulatory bodies to ensure our market risk processes remain cutting-edge.



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