This is a Quantitative Analyst/Developer (Manager) role with ASX based in Sydney, NSW, AU ASX Role Seniority - senior More about the Quantitative Analyst/Developer (Manager) role at ASX ASX: Powering Australia's financial markets Why join the ASX? When you join ASX, you’re joining a company with a strong purpose – to power a stronger economic future by enabling a fair and dynamic marketplace for all. In your new role, you’ll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub. Want to know why we are a great place to work, click on the link to learn more. www.asx.com.au/about/careers/a-great-place-to-work We are more than a securities exchange! The ASX team brings together talented people from a diverse range of disciplines. We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance. We’re proud of the diversity of our organisation and the culture of inclusion that all our people help to build every day. Our employee-led groups are known for celebrating cultural and religious events, championing LGBTIQ inclusion (recently achieving AWEI Bronze), inspiring giving and volunteering, promoting gender equality, and wellbeing. We are an Employer of Choice for Gender Equality (WGEA) and a member of the Champions of Change Coalition for the advancement of gender equality in Australia. Your Team The Quantitative Analyst Group is part of the wider Clearing Risk Team within the Risk Division of ASX. The Clearing Risk Team is responsible for ensuring that both ASX clearing houses have sufficient capital and liquidity resources to safely manage the potential default of one or more of our Clearing Participants while preventing contagion to the broader financial market. The Quantitative Analyst Group plays an important role in this by researching and developing quantitative financial risk models to quantitative assess the financial risks faced by the ASX. The team works very closely with other teams within Clearing Risk, in a particular the Quantitative Development, Model Validation and Risk Control teams. Your responsibilities The ASX is embarking on a project to replace the existing exchange-traded derivatives (ETD) clearing system and migrating ETD data to a cloud-based platform. These changes will impact the models, tools and processes used by the Quantitative Analyst group to measure and mitigate the potential financial risks faced by the ASX. The ASX is therefore looking for a highly skilled and experienced Quantitative Analyst/Developer to join the Clearing Risk Quantitative Modelling Team in a senior role to lead the following activities: Identify and prioritise the key Clearing Risk models that will be impacted by ETD clearing and data system replacement. Document what changes will need to be implemented to allow the current models to continue to function in their current capacity. Develop and document a plan to rigorously test all changes. Lead the changes and testing to safely migrate and test key Quantitative Risk models to the new systems. Your experience and qualifications This role will require strong quantitative technical abilities, problem solving, stakeholder management and communication skills. The successful candidate will need to be able to identify issues, propose solutions and discuss complex concepts with a broad range of stakeholders. In particular, the ability to represent quantitative models in a clear and simple form that can be understood by stakeholders from business and technology is essential Must have At least 7 years’ experience as a market risk quantitative analyst/developer in a clearing house, banking, finance or related environment. Tertiary Qualifications in a quantitative discipline (mathematics, statistics, engineering, quantitative finance, etc.). Knowledge of exchange traded and OTC products, derivatives pricing, and market data and conventions. Demonstrated ability to design pragmatic solutions to complex financial problems. Demonstrated experience in R and/or Python, working with large datasets. Excellent communication skills, technical documentation skills and ability to work independently. Demonstrated experience collaborating effectively with a broad range of internal and external stakeholders within and across different functional teams, and ability to deliver to deadlines. Curiosity and strong problem-solving skills, being self-motivated, highly resourceful and receptive to constructive feedback. Nice to have Experience in Central Counterparty Clearing Risk. Experience with designing, building, testing and deploying code into production. Experience working in an Agile environment. Familiarity with Confluence and JIRA. We make hiring decisions based on your skills, capabilities and experience, and how you’ll help us to live our values. We encourage you to apply even if you don’t meet all the criteria of this role. If you need any adjustments during the application or interview process to help you present your best self, please let us know. At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements. We will arrange for successful candidates to have background checks, including reference and police checks completed as part of the on-boarding process. Before we jump into the responsibilities of the role. No matter what you come in knowing, you’ll be learning new things all the time and the ASX team will be there to support your growth. Please consider applying even if you don't meet 100% of what’s outlined Key Responsibilities Identifying key models Documenting changes Leading changes and testing Key Strengths Quantitative analysis Programming in R and/or Python Stakeholder management Central Counterparty Clearing Risk ⚡ Agile methodology ️ Confluence and JIRA Why ASX is partnering with Hatch on this role. Hatch exists to level the playing field for people as they discover a career that’s right for them. So when you apply you have the chance to show more than just your resume. A Final Note: This is a role with ASX not with Hatch.
