senior quantitative analyst: model risk & markets.

A major Australian financial institution is seeking a Senior Quantitative Analyst to join its Markets Model Risk team in Sydney. This is a permanent, technical role focused on ensuring that valuation, risk, and capital models are mathematically sound and fit for their intended purpose.

You will work within a high-performing environment that prioritizes technical quality and independent challenge across trading and banking books.

The Role

• Independent Model Assessment: Evaluate valuation, risk, and capital models across various asset classes, specifically covering interest rates, foreign exchange, and commodities.
• Technical Validation: Review and test models used across Financial Markets, Risk, and Treasury to ensure they are robust and well-understood.
• Stakeholder Engagement: Partner with a range of business units to explain complex modeling outcomes and technical findings to senior leadership.
• Risk Oversight: Support Group-wide decision-making by managing risks associated with model assumptions and market activity.
• Project Contribution: Participate in critical modeling projects that impact the broader technical framework of the organization.

Your Experience

• Professional Experience: At least 4–5 years of experience working with or assessing financial markets valuation, risk, or capital models.
• Technical Knowledge: A solid understanding of derivatives and models related to FX and interest rates.
• Programming Proficiency: Practical experience in programming languages such as C++, R, or similar technical tools.
• Education: A tertiary qualification in a quantitative discipline (e.g., Mathematics, Physics, or Statistics).
• Communication: The ability to simplify complex technical topics and the confidence to constructively challenge existing model assumptions.

To apply online, please click on the appropriate link.

At Randstad, we are passionate about providing equal employment opportunities and embracing diversity to the benefit of all. We actively encourage applications from any background.