Clearing Risk & Quant Programme- 1 Year Contract, Multiple Roles & Levels

Key Responsibilities

• Quant Developer
• Implement and maintain quantitative models (margin, stress testing, sensitivities) in production-grade code
• Build and optimise calculation libraries and pipelines used by the risk engine
• Collaborate with Senior Quant Analysts to translate model specifications into code and validate outputs
• Write unit, integration, and regression tests; support model release and deployment cycles
• Senior Quantitative Analyst
• Develop and calibrate margin, stress-testing, and default-fund sizing methodologies
• Perform model validation, backtesting, and sensitivity analysis against regulatory and internal standards
• Produce model documentation and present findings to risk committees and regulators as required
• Partner with Quant Developers to specify and review production implementations of models
• Clearing Risk Manager
• Monitor participant exposures, margin coverage, and concentration risk on an ongoing basis
• Lead or support default management and stress-testing exercises
• Review and approve participant risk limits, collateral eligibility, and haircut settings
• Prepare risk reporting and papers for risk committees, senior management, and regulators
• Clearing Risk Product Owner
• Define and maintain the product vision and roadmap for the clearing risk platform
• Own and prioritise the product backlog, writing clear epics, features, and user stories
• Act as the primary liaison between risk, quant, engineering, and regulatory stakeholders
• Run sprint planning, backlog refinement, and showcase sessions with the delivery team
• Clearing Risk Business Analyst
• Elicit requirements from risk, quant, operations, and compliance stakeholders
• Document current-state and future-state processes, functional specifications, and data flows
• Support user story writing, backlog grooming, and acceptance criteria definition
• Support UAT planning and execution, and triage defects against requirements
• Strong programming skills in Python and/or C++/Java, with production software engineering experience
• Solid grounding in numerical methods, linear algebra, and statistics
• Experience working with quantitative or risk models in a financial markets context
• Advanced degree (Masters/PhD) in a quantitative discipline or equivalent experience
• Proven experience developing and validating margin, VaR, or risk models, ideally within a CCP, exchange, or bank
• Strong Python or MATLAB/R skills for model prototyping and analysis
• Significant experience in clearing, market, or counterparty risk, ideally at a CCP, exchange, custodian, or bank
• Strong understanding of margining, collateral management, and default management processes
• Ability to interpret quantitative model outputs and translate them into risk decisions
• Proven experience as a Product Owner or Product Manager on a risk, trading, or clearing platform
• Strong understanding of clearing, margining, or market risk concepts
• Experience working in Agile/Scrum delivery environments
• Experience as a Business Analyst on a risk, clearing, or trading-related change programme
• Understanding of clearing, margining, or market risk processes
• Strong documentation skills (BRDs, functional specs, process maps)
• Common Nice to Haves (All Roles)
• Direct experience with an Australian or international CCP (e.g. ASX Clear, LCH, CME Clearing)
• Exposure to CPMI-IOSCO Principles for Financial Market Infrastructures
• Experience in a regulated market infrastructure or exchange environment
• Sia is an equal opportunity employer. All aspects of employment, including hiring, promotion, remuneration, or discipline, are based solely on performance, competence, conduct, or business needs.