Quant jobs / ASX

Senior Quantitative Analyst – Clearing Risk

A senior modelling role in the clearing risk quant team at the Australian securities exchange. You build the margin and stress testing methods for new products the exchange plans to launch.

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.

Design margin and stress testing methods for new ASX products
Contribute to the backtesting framework for margin models
Document models to governance standards and take them through approval
Mentor junior analysts
Explain model behaviour to risk, markets and technology stakeholders

What they ask for

Required

7+ years as a market risk quant in a clearing house, bank or similar
Quantitative degree
Deep knowledge of exchange-traded and OTC derivatives pricing
Advanced statistics and modelling
R or Python on large datasets
Strong documentation and communication skills
Stakeholder and regulator engagement

Preferred

Building volatility surfaces
Electricity derivatives
Central counterparty clearing risk
RBA financial stability standards for CCPs
Production code experience

Education: Tertiary qualification in a quantitative discipline such as mathematics, statistics, engineering or quantitative finance
Experience: 7+ years as a market risk quantitative analyst; permanent Australian work rights required
Languages and tools: R
Python
Markets: multi-asset

How to prepare

Build a historical simulation margin model and backtest it with coverage tests
Study how central counterparties set initial margin and run stress tests
Learn volatility surface construction for listed options
Practise writing clear model documentation for a non-technical reviewer

What to study

The Risk 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.