Clearing Risk & Quant Programme – 1 Year Contract (Multiple Roles)

About the role

The programme supports a clearing risk and quantitative platform for an Australian financial‑services client. It comprises several 12‑month fixed‑term positions – Quant Developer, Senior Quantitative Analyst, Clearing Risk Manager, Product Owner and Business Analyst – all focused on designing, building, validating and operating the clearing house’s risk and margining platform.

Key responsibilities

• Implement and maintain quantitative models (margin, stress testing, sensitivities) and optimise calculation libraries used by the risk engine.
• Monitor participant exposures, margin coverage and concentration risk, and lead default‑management and stress‑testing exercises.
• Define and maintain the product vision and roadmap, own the backlog and act as liaison between risk, quant, engineering and regulatory stakeholders.
• Elicit requirements, document processes and support user‑acceptance testing for the platform.

Required profile

• Strong programming skills in Python and/or C++/Java with production software engineering experience.
• Advanced degree (Masters/PhD) in a quantitative discipline or equivalent experience for senior quant roles.
• Significant experience in clearing, market or counter‑party risk, preferably at a CCP, exchange or bank.
• Proven experience as a Product Owner or Business Analyst on risk or trading‑related programmes.

Required skills

• Python
• C++ / Java
• MATLAB / R
• Numerical methods, linear algebra and statistics
• Agile / Scrum delivery environments