A person working as a Quantitative Analyst Risk in South Africa will on average earn $11893 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $11,893.00 |
| Weekly salary | $228.71 |
| Daily salary | $32.58 |
| Hourly salary | $4.07 |
This means quantitative analyst risk salary is above average!
Job Industry: finance
Description: A Quantitative Analyst in Risk is responsible for analyzing and managing financial risks within a company or financial institution. They use mathematical and statistical models to assess and predict the potential risks associated with investment decisions, market fluctuations, and other financial activities. Their primary goal is to identify and mitigate potential risks by developing risk management strategies and providing recommendations to senior management. Quantitative Analysts in Risk typically work closely with traders, portfolio managers, and other stakeholders to understand their risk appetite and develop appropriate risk management frameworks. They collect and analyze large sets of financial data, conduct stress tests, and perform scenario analysis to evaluate the impact of different risk factors on the organization's financial position. They also monitor market trends, regulatory changes, and industry best practices to ensure compliance and adapt risk management strategies accordingly.
Tagged with: Quantitative Analyst, Risk Management, Financial Risk, Mathematical Modeling, Statistical Analysis, Risk Mitigation.