Lead Quantitative Analyst

Placements24; Pretoria; Hybrid; ZAR 1,800,000 - 3,200,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Performance bonuses

Career growth opportunities

Hybrid work arrangement

Job summary

Placements24 is assisting a leading financial institution in Pretoria to recruit a Lead Quantitative Analyst. The candidate will spearhead quantitative strategies, designing advanced models for trading, risk management, and portfolio optimization, while guiding a high-performing team of analysts.

The role requires an advanced degree and at least seven years in quantitative finance, with strong programming skills in Python, C++, or R.

Qualifications

• Advanced degree (Master's or PhD) in Mathematics, Physics, Statistics, or Computer Science.
• Minimum 7 years of experience in quantitative finance with model development.
• Proficiency in Python, C++, or R and experience with financial libraries.
• Deep understanding of financial markets, derivatives, and statistical modeling.

Responsibilities

• Develop and implement quantitative models and algorithms for financial markets.
• Lead and mentor a team of quantitative analysts.
• Collaborate with trading desks and portfolio managers to provide quantitative solutions.
• Backtest and validate models to ensure performance and robustness.
• Research and explore new data sources, technologies, and analytical techniques to enhance trading strategies.
• Communicate complex quantitative concepts to both technical and non-technical audiences.

Skills

Python

C++

R

Leadership

Backtesting

Education

Master's or PhD in quantitative field

Tools

Financial libraries

Job description

About the Role

Our client is searching for a highly skilled and innovative Lead Quantitative Analyst to spearhead their quantitative strategies team in Pretoria . This leadership position involves designing, developing, and implementing sophisticated mathematical models and algorithms for trading, risk management, and portfolio optimization. You will lead a team of talented analysts, collaborate with traders and portfolio managers, and drive research into new quantitative methodologies. This role is ideal for a seasoned quant professional looking to influence strategy and mentor a high-performing team within a leading financial institution.

Key Responsibilities

• Develop and implement cutting-edge quantitative models and algorithms for financial markets.
• Lead and mentor a team of quantitative analysts, overseeing project delivery and technical development.
• Collaborate with trading desks and portfolio managers to understand needs and provide quantitative solutions.
• Conduct rigorous backtesting and validation of models to ensure performance and robustness.
• Research and explore new data sources, technologies, and analytical techniques to enhance trading strategies.
• Communicate complex quantitative concepts to both technical and non-technical audiences.

Requirements

• Advanced degree (Master's or PhD) in a quantitative field such as Mathematics, Physics, Statistics, or Computer Science.
• Minimum of 7 years of experience in quantitative finance, with a proven track record in model development.
• Expertise in programming languages like Python, C++, or R, and experience with financial libraries.
• Deep understanding of financial markets, derivatives, and statistical modeling techniques.
• Strong leadership capabilities and experience managing analytical teams.
• Excellent problem-solving skills and ability to work under pressure in a dynamic environment.

Benefits

• Highly competitive salary with substantial performance-based bonuses.
• Comprehensive health, dental, and vision insurance plans.
• Generous retirement savings plan and company matching.
• Significant opportunities for career advancement and professional growth.
• Hybrid work arrangement for a balanced work-life integration in Pretoria .