Employment Type: Full-time

A leading bank within the Global Markets space is seeking two highly skilled Quantitative Analyst Consultants to join their dynamic portfolio. These roles are critical in driving quantitative modelling, trading strategy optimisation, and risk analytics, ensuring alignment with global business objectives.

You will work at the intersection of trading, technology, and risk, contributing to high-impact initiatives across complex financial products and systems.

Key Responsibilities

• Collaborate with cross-functional teams to analyse and document non-linear trading functionality and its business application.
• Assess and quantify financial risks, costs, and uncertainty factors.
• Lead solution design for future trading integration, leveraging APIs and backend systems.
• Act as a key liaison between business stakeholders and technical teams to ensure seamless delivery of inflight projects.
• Provide expert support, insights, and training to internal teams and platform users.
• Conduct ongoing product reviews and enhancements to align with evolving market demands.

Required Qualifications

• BSc in Mathematical Sciences (Computational Science)
• BSc Financial Engineering
• BSc Actuarial Science / Financial Mathematics
• B.Eng (Engineering)
• CQF (Certificate in Quantitative Finance)
• CFA (Chartered Financial Analyst)
• FRM (Financial Risk Manager)

Experience & Skills

• Strong experience in Cross Asset Trading & Risk (CATR) and quantitative analysis
• Deep understanding of derivatives trading, particularly volatility products
• Exposure to X Valuations and advanced analytics
• Proficiency in trading platforms such as Front Arena, Murex, or Calypso
• Strong programming skills in Python, C++, C#, SQL, VBA, R, Matlab, or Java
• Proven ability to analyse complex systems and deliver robust solutions
• Excellent communication and stakeholder management skills
• Demonstrated experience in end-to-end project delivery
• Solid understanding of risk management frameworks and regulatory environments
• Ability to lead cross-functional teams and manage multiple priorities
• Strong client engagement and relationship management skills
• Strategic thinker with the ability to align solutions to business objectives

Why Apply?

• Work on cutting-edge trading and quantitative modelling initiatives
• Exposure to a high-performing Global Markets environment
• Opportunity to influence strategic trading and risk decisions
• Collaborative, fast-paced, and innovation-driven culture

Risk Analytics is seeking an Associate to support Counterparty Credit Risk Analytics IMM (Internal Models Method) projects and regulatory deliverables as well as other Risk Analytics coverage projects in Asia including Japan. The candidate needs to collaborate within the team and across a range of functional groups to fulfil the deliverables on a timely basis. This is a permanent role.

Primary Responsibilities Include, But Are Not Limited To

• Conduct research, development, enhancement, and documentation of Asia Risk Analytics methodologies and tools for regulatory and risk management purposes with primary focus on IMM Counterparty Credit Risk
• Perform analysis including model recalibrations, back-tests, stress tests, scenario, and sensitivity analyses
• Programming of prototypes/production code (within an established Python library) which will be productionized.
• Program, test and implement quantitative financial methods using Python, SQL and Excel.
• Utilize advanced statistics, econometrics and mathematical skills including probability theory, stochastic calculus, Monte Carlo simulation, numerical analysis, optimization techniques and time series analysis
• Work with Technology on model testing, implementation, and production
• Collaborate with risk managers and other stakeholders to address their requests and for relevant model enhancements
• Participate in Regulatory and validation exams by providing documentation and responses to regulators and internal validators

Skills Required

• 3+ years of work experience in quantitative modelling, risk management, derivative pricing or portfolio analysis.
• Analytical skills and ability to work with diverse cultures in a global team.
• Strong knowledge of financial traded products e.g. derivatives and their pricing.
• Knowledge and hands-on experience in the programming languages such as Python or C++ is preferred.
• Excellent communication skills (Oral and written) in both Japanese and English. Ability to communicate and present logically, precisely and in simple manner, complex and technical issues.

Required Qualifications

• Graduate/Under-graduate/Advance degrees in finance, mathematics, physics, econometrics, engineering or other quantitative subjects.
• Candidates should have a strong theoretical foundation in mathematics, quantitative finance and derivatives.
• Candidates will have to deal in Python, SQL queries, and MS-Office on daily basis.

Desirable Skillsets

• FRM, CFA, CQF certification is an advantage.
• Quantitative model development / validation experience in Finance/Data Science. Knowledge of stochastic processes, financial statistics, and pricing of derivatives.
• Knowledge of risk mitigation practices and experience with Basel II/III/IV rules will be considered advantageous.
• Experience in one of the following AI, ML, NLP, Big Data Analytics, Tableau is an advantage.

Please see job role.

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth, and enhance citizen services.

We offer solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song.

As a Risk professional in the CFO&EV team in Strategy&Consulting/Intelligent Consulting Hub Europe, you’ll work on delivery of projects for our clients – key industry players in the Risk Management sectors around the world. You’ll help our clients keep up with fast changing regulations, innovations as well as changing market conditions. You will be part of a team that brings to our clients industry-leading best practices, technologies and strategies in everything from credit, market, liquidity, enterprise or operational risk and financial crime perspective – to regulatory compliance, robotics, artificial intelligence – and advanced quantitative modelling.

You will be part of multidisciplinary team of risk professionals demonstrating broad palette of skills in various areas.

For more information about CFO&EV teams please visit our website: CFO&EV

 

THE WORK: Although no two days at Accenture are the same, as an Enterprise Management Risk Analyst/Consultant in our CFO&EV practice, a typical day might include:

• Acting as a risk management analyst professional while working with Accenture’s global teams to help clients develop cutting edge and industry leading solutions
• Shaping Accenture’s thought capital around current and emerging risk management topics
• Using your analytical & quantitative skills to provide clarity to complex issues and gather data as well as model driven insights
• Helping clients use technological risk innovations (Big Data & Cloud Solutions, Robotics, Artificial Intelligence, Machine Learning) to enhance and transform the risk management function
• Traveling globally to work with prestigious clients and deliver large-scale transformational change.

Flexible: We are delivering our work mostly remotely but knowing that Intelligent Consulting Hub Europe (ICH) way of working is also based on traveling and serving advisory, typically working closely with our Clients in their offices, willingness and ability to work at client’s locations mostly across Europe, but also other locations, for short or long term is still required.

With all our roles, there is some in-person time for collaboration, learning and building relationships with clients, peers, leaders, and communities. As an employer, we will be as flexible as possible to support your specific work/life needs.

WHAT’S IN IT FOR YOU? We are looking for risk professionals, experienced in Enterprise Risk Managements in various industries and who demonstrated ability to:

• Drive the identification, measurement and management of company-wide risks.
• Conduct risk assessments to identify current and emerging risks.
• Advise and implement ERM frameworks, processes and appropriate risk tools.

HERE’S WHAT YOU’LL NEED: Minimum 2 years of risk management experience (ERM, compliance, operational risk management, ESG risks). Candidates should demonstrate knowledge in one or more of the following aspects:

• Knowledge of Enterprise risk management framework, emerging trends and regulatory frameworks. Experience across ERM and/or operational risk platforms and technologies/products, for example ServiceNow, MetricStream, Ventiv, Archer, Finastra, etc.
• Provide a structured approach & methodology to identify, assess, manage, and mitigate risks across organizations, encompassing a broad spectrum of risks, including financial, operational, technological, and reputational.
• Problem solving & analytic skills, with capacity to align risk appetite with enterprise strategies, facilitate decision-making, enhance resilience and enable organizations to anticipate and adapt to various internal/external changes.
• Experience and knowledge of operational risk management procedures, process mapping, gap analysis, covering also data management dimension (data mapping, data crunching and analysis in the context of enterprise risk management).
• Proficient level in English and either German, French, Italian or Spanish (written & spoken)

Research indicates that some candidates, especially the most diverse ones, may hesitate to apply for positions if they don’t meet all requirements. If you believe you possess the necessary skills, even if not meeting every requirement, we wholeheartedly encourage you to submit your application.

BONUS POINTS IF YOU ARE AND HAVE:

• Digitally savvy and conscious of new technologies; continuous learner; knowledge of programming languages (R, SAS, VBA, SQL, PYTHON) would be a great supplement
• Industry certifications such as FRM, PRM, CQF, CFA are an asset

The Senior Front Office Risk Manager will report to the Head of Front Office Risk and will support the Head in directing the London team’s activities.

The Senior Front Office Risk Manager will manage and take accountability for team members day-to-day output ensuring the team supports the realisation of the team goals.

Key responsibilities include:

• Advise senior management on the key risks held across the trading portfolio.
• Monitor, understand and quantify key risks in the EDFT trading portfolio.
• Interact with Traders and Fundamental analysis teams to develop a coherent and real time view across markets, independently assess the risk/reward of strategies, and advise on portfolio management.
• Conduct and direct independent analysis on market fundamentals, external factors, and statistical relationships.
• Produce and present high quality written reports.
• Direct the New Business Committee process (similar to new product approval).
• Interact with Traders and Originators to understand new business proposals (including proposals for trading new products).
• Critically evaluate proposals and ensure that key risk elements are identified, communicated, and mitigated as necessary.
• Coordinate with other Middle and Back office departments to facilitate the approval process.
• Chair and minute New Business Committee meetings as required.
• Liaise with other Middle and Back office departments to escalate and resolve emergent risk issues as appropriate.
• Prepare ad-hoc reports at short notice for management.
• Direct and train more junior members of the team in day to day activities (as per above).
• Direct junior members of the team in design and building of analytical tools.

This list is not exhaustive and may include other tasks assigned by the manager and/or senior management.

Experience required

• Essential:
• 10+ years of experience in risk management or trading within an Investment Bank, Hedge Fund or Energy Trading firm, either as a trader or commercial risk manager which may include managing and developing a risk function.
• Experience interacting directly with traders, originators and senior management.
• Demonstrable experience in quantifying and managing risks associated with exotic and vanilla option portfolios.
• Knowledge of risk measurement (VaR and stress testing), back-testing and statistical analysis.
• Experience managing or approving new business/products.
• Advantageous but not essential:
• Knowledge of energy products (European Power, European Gas, Global LNG, Global LPG, Power and Gas vanilla options, Power and Gas flexible assets)
• Experience in designing and building analytical tools and/or risk measurement models
• Experience with measuring and understanding the risk associated with and systematic and other quantitative trading systems.

Technical requirements

• Strong written and verbal communication skills
• Advanced analytical and quantitative skills to identify and quantify key portfolio risks.
• Strong Excel and VBA skills, particularly ability to analyse complex data.

Person specification

• Demonstrate strong leadership and management capabilities
• A subject matter expert with significant industry experience
• Act as a role model to other members of the team and foster a positive working environment
• Excellent Written and verbal communication skills to prepare and present material to senior executives on a weekly basis.
• Interpersonal skills to build relationships with key stakeholders.
• Ability to function in a small and dynamic team and provide cover for other team members.
• Minimum Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or Science
• Preference for MSc, CQF, PRM, FRM or ERP holders.

Riskworx is a boutique Financial and Quantitative Modelling consultancy specializing in Banking and Capital Markets. With over 25 years of experience, we bring a unique fusion of knowledge, skills, and impact to the banking sector.

Our expertise spans a wide range of risk types and balance sheet management concerns, including market, credit, liquidity, and operational risk. We are dedicated to delivering effective solutions that address the complex needs of our clients, helping them navigate evolving regulations and leverage technological advancements to their advantage.

Our commitment to problem-solving, value delivery, and building strong client relationships sets us apart in the industry.

Join us at the Riskworx Academy for an exhilarating 3-month Bootcamp, where we handpick graduates from quantitative fields through our rigorous recruitment process to join our exclusive Mavericks Programme.

Throughout this Bootcamp, you’ll have the chance to leverage your skills in computer science, statistics, economics, and applied mathematics to tackle contemporary challenges in financial risk management.

Upon successfully completing the program, you’ll be fully prepared to embark on your career in financial engineering.

Requirements Degree & Qualifications Currently completing (or recently completed) Honours/Masters degree, specialising in any of the following disciplines:

• Financial Engineering
• Financial Risk Management
• Quantitative Risk Management
• Actuarial Science – for those committed to pursuing a career in Financial Engineering
• Mathematical Statistics
• Applied/Financial Mathematics
• Mathematical Sciences
• Business Finance/ Finance (BCom Hns)

Intention to pursue one of the below professional qualifications is advantageous:

• CFA
• FRM
• PRM
• CQF

Skills

• Excellent written & presentation skills
• Strong mathematical and analytical skills including stochastic calculus and time series analysis
• Strong data analysis skills
• Strong financial modelling skills are advantageous
• Software Engineering skills are advantageous

Responsibilities

• Knowledge of Derivative Pricing and Risk Management are advantageous
• Implement and enhance the Riskworx quantitative pricing library
• Engage in research, and new developing areas of interest, elevate the firm’s profile while simultaneously raising your own, through channels such as webinars, research papers and blogs
• Work with the team to provide consulting and advisory services for clients, especially in the following areas: full lifecycle management of models both regulatory and economic, including but not limited to Valuations, Credit Risk (direct and counterparty), Market Risk, Balance Sheet Management and ESG
• Implementation, validation, specification and benchmarking of valuation and risk models across a broad range of asset classes
• Solicit, capture, understand, and solve key client pain points, including requirements captured via business requirement documents (BRDs) and product specifications
• This role is based in Johannesburg and is set to commence in early January 2027
• Please note: Only applications from South African citizens and South African permanent residents will be considered
• A completed postgraduate degree is a requirement for this position
• Offers for this role are made at Riskworx’s discretion***

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

About The Team & Business Line Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.

Responsibilities Your Role:

• You will produce accurate custom and regulatory risk management and fund performance analytics reports to be distributed to hedge fund clients, their investors and regulatory bodies in a timely manner
• Resolve all queries to risk reports
• Support the new business process – on-boarding new clients, assisting in the preparation of demos, marketing literature, maintaining demo risk system and product development (eg exploring/researching/bringing to market possible new revenue streams such as in response to emerging regulations)
• Be involved in the maintenance, prototyping and user acceptance testing of internally developed valuation models and risk tools
• Perform operational risk management – risk reporting process documentation, improving processes through increasing level of automation, ensure consistent application of CFS policies and procedures, identify and appropriately communicate potential internal and external risks.
• Assist relationship managers by participating in monthly calls or any escalation relating to day-to-day risk reporting issues, participate in communication/escalation aspects of complex issues resolution
• Contribute to cross functional training initiatives

Qualifications About You:

• You have a quantitative background with a Bachelor/higher level degree or professional qualification (MSc, PhD, CQF, FRM, PRMIA, GARP, CFA, FIA)
• A quick learner who is self-motivated and demonstrates a strong attention to detail while multi-tasking
• Excellent oral and written communication skills and interpersonal skills
• Proficient in Excel, VBA, SQL and Python
• 2-5 years of experience in Financial Services, preferably with detailed knowledge of pricing/valuing/risk management of OTC derivatives using both in-house models/financial libraries/risk systems and specialist vendors such as Bloomberg BVAL, SuperDerivatives and IHS Markit
• Knowledge of investment risk measurement and management under regulatory frameworks such as Form PF, Form CPO-PQR, Annex IV, Basel III/CRD IV/CRR and Solvency II is advantageous

Role Description

• Valuation Control (VC) Strats team, part of Group Strategic Analytics (GSA), plays a key role in supporting the bank’s Valuation Control (VC) function which is responsible for the independent valuation of the bank’s fair value balance sheet. This collaboration ensures correct fair value reporting and appropriate reserving and regulatory capital calculation for the bank’s financial instruments.
• The candidate is required to work in collaboration with Valuation managers, FO Quant across globe and drive enhancement in valuation processes and methodologies on various internal and regulatory driven projects. Candidate is required to have a deep understanding of Independent Pricing Verification, Reserves & Prudent valuation process.
• Candidate should be able to understand the business problem, gather information required for the implementation and provide an end-to-end optimized solution on a scalable platform. Implementation of the project needs to be done in Python programming language so coding knowledge is must. Candidate should possess a very good English communication skill to coordinate and communicate his work effectively with various stakeholders spread across globe.
• Candidate will also facilitate and foster stakeholder relationships globally and within the local region and will also be responsible for development, Support and motivation of the team.

Group Strategic Analytics: Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions. The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming. The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office. The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.

Our People

• Our people are outstanding individuals with agile minds, from a diverse range of backgrounds

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your Key Responsibilities

• Work on automation and optimization of valuation control process
• Build quantitative solution and methodology around reserves, prudent valuation.
• Develop, Implement, enhance and maintain existing framework to measure valuation risk across the bank
• Understand and decipher business problem to convert into manageable smaller problem statements
• Coordinate and gather information from various stakeholders for deeper understanding of the business
• Design automated solutions which are optimized and scalable
• Develop libraries in Python to provide solutions to the business
• Remediation of regulatory as well as external and internal findings against the valuation control business

Your skills and experience

• A strong, relevant background and 6+ years of comparable experience for AVP and 3+ years for Associate.
• Strong analytical skills demonstrated by a background in MFE/MBA in Finance / Engineering / Mathematics / Quantitative Statistics background from top colleges
• Industry experience in programming in Python and programming concepts ( Class, Pointers, Data structure – stacks, queue)
• Good product knowledge of derivatives and pricing in at least one asset class – Equity, Credit, Rates, FX, Commodities.
• Experience in valuation models and pricing techniques
• Market risk, Middle office, Valuations background with relevant subject matter expertise in one of the three disciplines
• Excellent communication skills and attention to detail
• Strong analytical, problem solving instincts and critical thinking skills with ability to cope well under pressure and tight timelines
• A track record of working in Projects and supporting Production environment simultaneously
• Certification such as FRM or CFA or CQF is preferred

Job Role:

The Candidate will be performing duties related to all aspects of Counterparty Credit risk Domain including but not limited to supporting our clients in counterparty credit risk management, CCR exposure model development, Validation and monitoring, Derivatives Pricing,

Key Skills

• Experience in validating the quantitative and mathematical models for the CCR/XVAs
• Experience with models like Hull & White 1F/2F, SABR, Local Volatility, etc.
• Have a good understanding of risk simulation under IMM and derivative pricing models
• Able to demonstrate SME skills on either of SA-CCR, SA-CVA, CEM and IMM- Monte carlo simulation
• Strong Understanding of Credit risk metrics such as EE, EPE, PFE, etc
• Understanding of Valuation adjustments such as CVA, DVA, FVA etc
• Deep Understanding of various derivatives and exotics (Black Scholes, Stochastic calculus etc)
• Hands on experience of python in model development/validation role
• Understanding of Collateral Modelling for Variation Margin and Initial Margin
• Good understanding of concepts in Advance Mathematics/Statistical Analysis such as Stochastic Calculus, Probability is a must.

Education Background: –

• PhD./ BSc. / MSc. in Mathematics, Statistics is preferred.
• Commerce Graduates/ MBA in Finance with certificates like CFA/ FRM & CQF can be considered