Junior Quantitative Analyst

Findojobs South Africa; Wes-Kaap; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A financial services firm in South Africa is seeking a junior quantitative analyst to join their Actuarial, Risk and Quants Team. The role offers exposure to portfolio optimization and quantitative valuations, while providing a 12-month training program to nurture future investment talent. Ideal candidates will have a strong academic background in mathematics or finance and skills in programming languages. Join a collaborative culture that values knowledge-sharing and the opportunity to make a meaningful impact.

Qualifications

• Graduate in Actuarial, Financial, or Mathematical fields.
• Understanding of quantitative valuation techniques.
• Enthusiasm for professional development.

Responsibilities

• Perform portfolio optimisation.
• Conduct quantitative evaluations of financial instruments.
• Manage queries from clients or consultants.

Skills

Analytical skills

Problem solver

Self-motivated

Attention to detail

Education

Degree in Actuarial, Financial, or Mathematical fields

NQF Level 7 or equivalent

Tools

VBA

C#

SQL

Python

Job description

Description

The successful candidate will join the Actuarial, Risk and Quants (ARQ) Team within the Liability Driven Investment (LDI) business. LDI has identified the need for a junior quantitative analyst to support ARQ in delivering on its core responsibilities.

ARQ is primarily accountable for the management, valuation, and analysis of liabilities. In addition, the team leads the research and modelling required to generate quantitative, actionable intelligence for the portfolio management team. This role offers exposure across the full spectrum of the LDI business.

The incoming analyst will be expected to embrace and contribute to LDI’s inclusive, collaborative culture that values open knowledge-sharing.

This position forms part of the Old Mutual Investment Group’s Investment Analyst Programme, designed for individuals passionate about investments. The programme provides intensive training to develop new investment analysts, aiming to nurture and retain talented professionals and build a pipeline of future investment talent within Old Mutual Investment Group. The programme runs for 12 months, during which the successful candidate will be permanently employed.

What You’ll Be Trusted With

• Perform portfolio optimisation to generate risk-optimal portfolios
• Perform regular quantitative valuations of financial instruments and liabilities
• Perform performance and attribution measurement on portfolios
• Develop and implement quantitative projects to support advanced techniques in risk and portfolio management
• Collaborate within the team to research new and/or alternative quantitative and algorithmic investing techniques
• Support reporting and technical marketing deliverables to clients and other stakeholders
• Manage and respond to technical client or consultant queries

Who You Are

• A graduate in Actuarial, Financial, or Mathematical fields
• Enthusiasm for professional development, including completion of a formal learnership, as part of the Investment Analyst Programme
• Understanding of quantitative valuation techniques of fixed-income investments, including present values, yield curves, and forward rates
• Strong mathematical academic record and skills

You may also bring :

• An Honours or Masters degree in financial, mathematical sciences, or data science applications (advantageous)
• Machine-learning algorithm implementation experience (especially in financial applications) (advantageous)
• Experience in coding languages such as VBA, C#, SQL, and Python (advantageous)

The Strengths You’ll Bring

• Strong analytical skills and attention to detail
• Strong work ethic, deadline-driven, conscientious, and orderly
• Problem solver and innovative
• Self-motivated and able to use initiative
• Willingness to collaborate and work with others
• A passion for investment markets

Let’s Succeed Together

At OMIG, how you work matters just as much as what you do. Our culture celebrates openness, accountability, and innovation—because that’s how we shape a bold future and wow our clients.

If you're ready to grow, lead, and make a meaningful impact, we look forward to meeting you.

Skills

Action Planning, Analytics Software, Budget Management, Business Intelligence (BI) Analysis, Computer Literacy, Data Analysis, Data Compilation, Data Controls, Data Interpretations, Data Modeling, Evaluating Information, Numerical Aptitude, Report Review, Solution Analysis, Statistical Analysis Techniques

Competencies

Business Insight, Cultivates Innovation, Manages Complexity, Optimizes Work Processes, Situational Adaptability, Strategic Mindset

Education

NQF Level 7 - Degree, Advanced Diploma, or Postgraduate Certificate or equivalent

Closing Date

08 August 2025, 23:59