Quantitative Analyst (Quant)

Placements24; Mossel Bay; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Remote work within SA

Competitive salary

Performance bonuses

Cutting-edge data resources

Job summary

Placements24 is seeking a highly skilled Quantitative Analyst to join a leading hedge fund in Mossel Bay, Western Cape. The role demands deep expertise in mathematics, statistics, and programming to design and implement trading strategies and risk models, collaborating with portfolio managers and traders to drive alpha and optimize performance.

The position offers remote work within South Africa, with access to cutting-edge technology, data resources, and a collaborative, intellectually rigorous

Qualifications

• Master's or PhD in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Proven experience in quantitative analysis, ideally within a hedge fund, asset management, or investment banking environment.
• Expertise in statistical modeling, time series analysis, and machine learning techniques.
• Strong programming skills in Python, C++, R, or similar languages.
• Experience with financial markets and derivatives is essential.

Responsibilities

• Design, develop, and implement quantitative trading strategies across various asset classes.
• Build and maintain complex mathematical models for pricing, risk management, and portfolio optimization.
• Conduct rigorous backtesting and statistical analysis of trading strategies.
• Collaborate with traders and portfolio managers to refine strategies and identify new opportunities.
• Analyze large datasets to uncover patterns and insights for investment decisions.
• Develop and implement risk management frameworks and monitoring systems.
• Write efficient and production-ready code in languages such as Python, C++, or R.
• Stay abreast of academic research and industry trends in quantitative finance.
• Contribute to the continuous improvement of the firm’s quantitative infrastructure.
• Document methodologies, research, and code thoroughly.

Skills

Statistical Modeling

Time Series Analysis

Machine Learning

Financial markets

Education

Master's in quantitative field

PhD in quantitative field

Tools

Python

C++

R

Job description

About the Role

Our client, a leading quantitative hedge fund, is seeking a highly skilled Quantitative Analyst (Quant) to join their innovative team based in Mossel Bay, Western Cape. This role requires a deep understanding of mathematics, statistics, and programming to develop and implement sophisticated trading strategies and risk management models. The successful candidate will work closely with portfolio managers and traders to drive alpha generation and optimize investment performance. This position offers a remote work arrangement, allowing exceptional talent to contribute from anywhere in South Africa, while maintaining strong connections with our analytical hub.

Key Responsibilities

• Design, develop, and implement quantitative trading strategies across various asset classes.
• Build and maintain complex mathematical models for pricing, risk management, and portfolio optimization.
• Conduct rigorous backtesting and statistical analysis of trading strategies.
• Collaborate with traders and portfolio managers to refine strategies and identify new opportunities.
• Analyze large datasets to uncover patterns and insights for investment decisions.
• Develop and implement risk management frameworks and monitoring systems.
• Write efficient and production-ready code in languages such as Python, C++, or R.
• Stay abreast of academic research and industry trends in quantitative finance.
• Contribute to the continuous improvement of the firm’s quantitative infrastructure.
• Document methodologies, research, and code thoroughly.

Requirements

• Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Proven experience in quantitative analysis, ideally within a hedge fund, asset management, or investment banking environment.
• Expertise in statistical modeling, time series analysis, and machine learning techniques.
• Strong programming skills in Python, C++, R, or similar languages.
• Experience with financial markets and derivatives is essential.
• Excellent problem-solving and analytical skills.
• Ability to work independently and manage complex projects in a remote environment.
• Strong communication skills, with the ability to explain complex technical concepts clearly.
• Familiarity with data manipulation libraries (e.g., Pandas, NumPy) and scientific computing libraries.
• A passion for financial markets and quantitative finance.

Benefits

• Our client offers a highly competitive salary, exceptional performance bonuses, comprehensive health and wellness benefits, and significant opportunities for professional growth and learning.
• This remote position provides the flexibility to work from your preferred location while being an integral part of a world-class quantitative team.
• You will have access to cutting-edge technology and data resources, working on challenging problems that directly impact investment outcomes.
• Join a collaborative and intellectually stimulating environment where your contributions are valued and rewarded in Mossel Bay, Western Cape.