Murex Quantitative Analyst

About the role

Amidel is looking for a Murex Quantitative Analyst to join its Johannesburg team. The role involves developing and validating pricing models, performing risk assessments, and integrating quantitative methodologies within the Murex platform.

Key responsibilities

• Develop, implement and validate pricing models for derivatives and structured products, calibrating them with market data.
• Analyse risk metrics from Murex, perform sensitivity and stress testing, and support risk management teams.
• Collaborate with Murex developers to integrate quantitative models, customise the platform and troubleshoot quantitative modules.
• Conduct research on market trends, regulatory changes and new quantitative techniques to improve pricing accuracy.
• Document model design, calibration, validation processes and prepare reports for internal and regulatory stakeholders.

Required profile

• 3+ years of experience as a Quantitative Analyst in a financial institution.
• Master’s or Ph.D. in Financial Engineering, Mathematics, Statistics, Physics or related field.
• Strong understanding of derivatives, fixed income and structured products.
• Excellent analytical, communication and teamwork skills.

Required skills

• Murex pricing and risk modules.
• Python, R, MATLAB.
• SQL.
• Monte Carlo simulation, finite‑difference methods, regression analysis.