Quant jobs / ASX

Manager, Model Risk Management

A people-leading role in the exchange's second-line model risk team, which independently validates models used for clearing, settlement and investment risk. You manage analysts and sign off on how model weaknesses are reported.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Lead independent validation and challenge of high- and medium-risk models
Build benchmark or challenger models to test existing ones
Support model performance monitoring and reports to governance forums
Keep the model inventory and validation records in order
Coach analysts and present validation outcomes to senior stakeholders

What they ask for

Required

Model validation and independent challenge experience
Quantitative analysis of financial, clearing or settlement risk
Model risk governance and regulatory knowledge
Senior-level reporting skills
Excellent academic record in a quantitative field
People leadership

Preferred

CCP margin, capital and liquidity stress models
Australian regulatory knowledge
C#, Python or SQL
JIRA, Git and CI tools

Education: Excellent academic qualifications in a quantitative discipline such as mathematics, statistics, financial engineering, econometrics or computer science
Experience: Extensive experience in model validation and quantitative risk; permanent Australian work rights required
Languages and tools: Python
SQL
C#
Markets: multi-asset

How to prepare

Validate a simple VaR or margin model: test assumptions, data, backtests and sensitivity
Study model risk management frameworks and what regulators expect
Build a challenger model and compare it with a benchmark
Practise writing a validation report with findings ranked by severity

What to study

The Model Validation Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on ASX’s site before applying: requirements, location and pay can change after we check them.

View the posting on ASX’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with ASX and doesn’t handle applications.