Lead Quantitative Analyst

Placements24; Benoni; Ibrido; ZAR 1.200.000 - 2.000.000; Tempo pieno

Vantaggi offerti da questo lavoro

Competitive salary and bonus

Medical aid

Provident fund contribution

Professional development resources

Flexible working hours

Descrizione del lavoro

Placements24 is seeking a Lead Quantitative Analyst for a fully remote role based in South Africa. The successful candidate will design, implement, and validate sophisticated models used in trading, risk management, and portfolio optimization, while leading a team of analysts.

You will drive research into new methodologies, collaborate with trading desks and IT, and ensure robustness, accuracy, and performance of all models across the business. Remote work from anywhere in SA is supported.

Competenze

• Advanced degree in a quantitative field required.
• 7+ years of experience in quantitative analysis in Banking & Finance.
• Proven leadership of quantitative teams.
• Expertise in Python, C++, R.
• Strong knowledge of VaR, CVA and derivatives pricing.

Mansioni

• Design, develop, and validate complex quantitative models for pricing, risk management, and hedging strategies.
• Lead and mentor a team of quantitative analysts, fostering high performance and learning.
• Conduct in-depth research into new methodologies and technologies in quantitative finance.
• Collaborate with trading desks, risk management, and IT to implement and deploy quantitative models.
• Ensure the accuracy, robustness, and efficiency of all models.
• Develop back-testing frameworks and performance attribution systems.
• Stay abreast of market developments and regulatory changes.
• Prepare documentation and present findings to stakeholders.
• Oversee maintenance and enhancement of existing models.
• Contribute to strategic planning for the division.

Conoscenze

Python

C++

R

Leadership

Quantitative analysis

Machine learning

Data analysis

Derivatives pricing

Communication

Formazione

MSc or PhD

Descrizione del lavoro

About the Role

Our client, a leading institution in the Banking & Finance sector, is looking for an experienced and innovative Lead Quantitative Analyst to join their esteemed team in Benoni, Gauteng . This is a critical role responsible for developing and implementing sophisticated quantitative models used in trading, risk management, and portfolio optimization. The successful candidate will lead a team of talented analysts, driving research and innovation in quantitative finance. This is a fully remote position, offering unparalleled flexibility to work from anywhere within South Africa while contributing to our global operations.

Key Responsibilities

• Design, develop, and validate complex quantitative models for pricing, risk management, and hedging strategies.
• Lead and mentor a team of quantitative analysts, fostering a culture of high performance and continuous learning.
• Conduct in-depth research into new methodologies and technologies in quantitative finance.
• Collaborate with trading desks, risk management, and IT departments to implement and deploy quantitative models.
• Ensure the accuracy, robustness, and efficiency of all developed models.
• Develop back-testing frameworks and performance attribution systems.
• Stay abreast of market developments and regulatory changes impacting quantitative finance.
• Prepare technical documentation and present findings to stakeholders at all levels.
• Oversee the maintenance and enhancement of existing quantitative models.
• Contribute to strategic planning for the quantitative finance division.

Requirements

• Advanced degree (MSc or PhD) in a quantitative field such as Mathematics, Physics, Statistics, Computer Science, or Financial Engineering.
• Proven experience (7+ years) in quantitative analysis within the Banking & Finance industry, with a strong focus on model development.
• Demonstrated leadership experience in managing and mentoring quantitative teams.
• Expertise in programming languages such as Python, C++, R, or similar.
• Deep understanding of financial markets, derivatives pricing, and risk management techniques (e.g., VaR, CVA).
• Experience with statistical modeling, machine learning, and data analysis tools.
• Excellent problem-solving abilities and a strong analytical mindset.
• Exceptional communication and interpersonal skills, with the ability to explain complex concepts to non-technical audiences.
• A passion for innovation and driving advancements in quantitative finance.
• Proven ability to work effectively in a remote, collaborative environment, based out of Benoni, Gauteng .

Benefits

• This fully remote position offers a highly competitive salary and bonus structure.
• Employees receive comprehensive medical aid coverage, a significant contribution to a provident fund, and access to extensive professional development resources.
• Our client is committed to supporting its employees' work-life balance and offers flexible working hours.
• This is an exceptional opportunity to shape the future of quantitative finance at a forward-thinking institution.
• We provide access to cutting-edge technology and a challenging yet rewarding work environment.