Quantitative Analyst

Placements24; Cape Town; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Performance incentives

Health & retirement benefits

State-of-the-art data resources

Hybrid work arrangement

Research opportunities

Job summary

Placements24 is seeking a highly skilled Quantitative Analyst to join their Banking & Finance team in Centurion. You will develop sophisticated financial models, pricing, risk management strategies, and trading algorithms, driving data-driven decision making and analyzing complex market data.

The role requires advanced degrees, 3+ years in a quantitative role, and strong programming in Python, R, C++, or Java.

Qualifications

• Master's or PhD in Mathematics, Statistics, Physics, CS or Financial Engineering.
• 3+ years in a quantitative analyst or similar role within finance.
• Strong programming skills in Python, R, C++, or Java.
• Deep understanding of statistical modeling, probability, stochastic calculus, and time series analysis.
• Experience with derivatives, risk management concepts and financial markets.

Responsibilities

• Develop, test, and implement quantitative models for pricing derivatives, risk management, and portfolio optimization.
• Analyze large datasets to identify market trends, correlations, and investment opportunities.
• Design and build algorithms for automated trading strategies and risk control systems.
• Collaborate with traders, portfolio managers, and risk officers to provide analytical insights and solutions.
• Ensure the accuracy and robustness of models through rigorous backtesting and validation.
• Stay abreast of the latest developments in quantitative finance and technology.

Skills

Python

R

C++

Java

Time series

Education

Master's or PhD in quantitative field

Job description

About the Role

Our client is seeking a highly skilled Quantitative Analyst to join their innovative Banking & Finance team in Centurion . This role requires a strong blend of mathematical prowess, statistical expertise, and programming skills to develop sophisticated financial models, risk management strategies, and trading algorithms. You will be instrumental in driving data-driven decision-making, analyzing complex market data, and contributing to the development of cutting-edge financial products. This is an exciting opportunity for a mathematically inclined professional to make a significant impact in a leading financial services organization.

Key Responsibilities

• Develop, test, and implement quantitative models for pricing derivatives, risk management, and portfolio optimization.
• Analyze large datasets to identify market trends, correlations, and investment opportunities.
• Design and build algorithms for automated trading strategies and risk control systems.
• Collaborate with traders, portfolio managers, and risk officers to provide analytical insights and solutions.
• Ensure the accuracy and robustness of models through rigorous backtesting and validation.
• Stay abreast of the latest developments in quantitative finance and technology.

Requirements

• Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Proven experience (3+ years) as a Quantitative Analyst or in a similar quantitative role within the financial industry.
• Strong programming skills in languages like Python, R, C++, or Java.
• Deep understanding of statistical modeling, probability, stochastic calculus, and time series analysis.
• Experience with financial markets, derivatives, and risk management concepts.
• Excellent problem-solving abilities and attention to detail for complex financial data in Centurion .

Benefits

• Attractive salary package with performance-based incentives.
• Comprehensive health, retirement, and other employee benefits.
• Access to state-of-the‑art technology and extensive data resources.
• Stimulating work environment with opportunities for research and innovation.
• Hybrid work arrangement for optimal work-life balance.
• Collaborative culture fostering professional growth and knowledge sharing.