Quantitative Analyst (Quant)

Placements24; Noord-Kaap; On-site; ZAR 1,600,000 - 3,000,000; Full time

Benefits offered by this job

Salary + Bonus

Health & Retirement

Advanced computing resources

Professional development

Innovative work environment

Job summary

Placements24 in Kimberley, South Africa seeks a highly analytical Quantitative Analyst to join a trading and risk management team. You will develop models for pricing, hedging, and risk assessment of derivatives, applying advanced statistics and machine learning techniques.

The role requires an advanced degree and at least four years of quantitative experience. Expect a fast-paced environment, collaboration with traders, and opportunities to work with large datasets and cutting-edge

Qualifications

• Advanced degree (Master's or Ph.D.) in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Minimum of 4 years of experience in quantitative analysis, financial modeling, or related roles within investment banking, hedge funds, or asset management.
• Expertise in programming languages commonly used in quantitative finance (e.g., Python, C++, R, MATLAB).
• Strong understanding of stochastic calculus, probability theory, and statistical modeling.
• Experience with financial derivatives, risk management, and trading systems.

Responsibilities

• Develop, test, and implement quantitative models for pricing, trading, and risk management.
• Analyze large datasets to identify market trends, patterns, and trading opportunities.
• Design and backtest trading strategies based on quantitative insights.
• Collaborate with traders and portfolio managers to provide analytical support and implement models.
• Ensure the accuracy and robustness of models and their implementation in production systems.
• Stay current with advancements in quantitative finance, machine learning, and statistical methods.

Skills

Python

C++

R

MATLAB

Stochastic calculus

Probability theory

Statistical modeling

Communication

Education

Master's or Ph.D. in quantitative field

Tools

MATLAB

Job description

About the Role

Our client is seeking a highly analytical and mathematically inclined Quantitative Analyst (Quant) to join their sophisticated trading and risk management team in Kimberley . This role requires a deep understanding of financial markets, statistics, and programming to develop complex models for pricing, hedging, and risk assessment of financial derivatives and instruments. You will work in a challenging, fast-paced environment, contributing to the firm's competitive edge in the Northern Cape financial landscape. This is an ideal position for a top-tier talent passionate about applying advanced quantitative techniques to real-world financial problems.

Key Responsibilities

• Develop, test, and implement quantitative models for pricing, trading, and risk management.
• Analyze large datasets to identify market trends, patterns, and trading opportunities.
• Design and backtest trading strategies based on quantitative insights.
• Collaborate with traders and portfolio managers to provide analytical support and implement models.
• Ensure the accuracy and robustness of models and their implementation in production systems.
• Stay current with advancements in quantitative finance, machine learning, and statistical methods.

Requirements

• Advanced degree (Master's or Ph.D.) in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Minimum of 4 years of experience in quantitative analysis, financial modeling, or related roles within investment banking, hedge funds, or asset management.
• Expertise in programming languages commonly used in quantitative finance (e.g., Python, C++, R, MATLAB).
• Strong understanding of stochastic calculus, probability theory, and statistical modeling.
• Experience with financial derivatives, risk management, and trading systems.
• Excellent problem-solving abilities and strong communication skills.

Benefits

• Exceptional salary and bonus structure reflecting the high demand for quantitative expertise.
• Comprehensive health, retirement, and other premium benefits.
• Access to advanced computational resources and challenging projects.
• Continuous professional development and learning opportunities.
• Stimulating work environment in Kimberley focused on innovation and quantitative excellence.