Lead Quantitative Analyst — Remote (Pricing & Risk)

Placements24; South Africa; Remote; ZAR 700,000 - 1,100,000; Full time

Job summary

Placements24 is seeking a Proprietary Trader - Remote Quantitative Analyst to join a globally distributed team. This fully remote role within South Africa focuses on developing and managing sophisticated trading strategies across asset classes in a fast-paced data-driven environment.

The candidate should have strong programming skills and a deep understanding of financial markets, econometrics, and algorithmic trading, with a self-motivated, collaborative mindset to drive alpha generation.

Qualifications

• Strong programming and data analysis skills.
• Experience building and evaluating trading models.
• Familiarity with financial markets and econometrics.

Responsibilities

• Design, develop, backtest, and deploy quantitative trading strategies.
• Conduct market research and data analysis to identify opportunities.
• Collaborate with portfolio managers and analysts to refine strategies.
• Develop and maintain trading algorithms and execution systems.
• Monitor performance and risk metrics, making adjustments as needed.

Skills

Quantitative analysis

Programming

Statistical modeling

Machine learning

Data analysis

Job description

Proprietary Trader - Remote Quantitative Analyst

About the Role Our client, a highly successful and innovative proprietary trading firm, is seeking a talented and driven Quantitative Analyst to join their globally distributed team. This is a fully remote position, offering the flexibility to work from anywhere within South Africa. The successful candidate will play a crucial role in developing, implementing, and managing sophisticated trading strategies across various asset classes. We are looking for an individual with exceptional analytical acumen, strong programming skills, and a deep understanding of financial markets. This role is ideal for a self‑motivated individual who thrives in a fast‑paced, data‑intensive environment and is passionate about quantitative finance and algorithmic trading. You will be an integral part of a collaborative team, contributing to the firm's continuous pursuit of alpha generation.

Key Responsibilities

• Design, develop, backtest, and deploy quantitative trading strategies.
• Conduct in-depth market research and data analysis to identify trading opportunities.
• Collaborate with portfolio managers and other quantitative analysts to refine and optimize strategies.
• Develop and maintain trading algorithms and execution systems.
• Monitor trading performance and risk metrics, implementing adjustments as necessary.
• Utilize statistical modeling and machine learning techniques to enhance strategy performance.
• Stay abreast of the latest developments in quantitative finance, econometrics, and computational methods.
• Manage and analyze large datasets related to market data, P&L, and risk.
• Ensure the integrity and reliability of all quantitative models and systems.
• Contribute to the firm's overall research and development efforts.