Remote Algorithmic Trader

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Competitive compensation

Remote-first team

Cutting-edge infrastructure

Annual bonuses

Professional development

Health and wellness benefits

Flexible vacation policy

Job summary

Placements24 is seeking an Algorithmic Trader for a remote-first position within South Africa. You will design, develop, backtest, and deploy high-frequency trading strategies across asset classes, leveraging state-of-the-art technology.

Ideal candidates hold an MS or PhD in a quantitative field, have 3+ years in algorithmic trading or research, and are proficient in Python, C++, or Java with strong data-analysis capabilities. Remote work offers autonomy and ongoing learning opportunities.

Qualifications

• Advanced degree (MS or PhD) in a quantitative field.
• 3+ years of experience in algorithmic trading or quantitative research.
• Strong programming skills in Python, C++, or Java.
• Deep understanding of financial markets and trading strategies.
• Experience with data analysis, machine learning, and high-performance computing.
• Familiarity with trading platforms and execution systems.
• Excellent analytical and problem-solving skills.
• Ability to work independently in a remote setting.
• Strong communication skills to articulate complex concepts.
• Passion for quantitative finance and trading.

Responsibilities

• Design, develop, backtest, and deploy high-frequency trading strategies.
• Monitor and optimize live trading algorithms for performance and risk management.
• Analyze market data to identify trading opportunities and patterns.
• Collaborate with researchers and developers to refine strategies.
• Manage trading infrastructure and ensure system stability and reliability.
• Conduct research into new trading methodologies and technologies.
• Implement risk controls and ensure regulatory compliance.
• Analyze trading performance metrics and provide detailed reports.
• Adapt strategies to changing market conditions and volatility.
• Maintain a strong understanding of asset classes and market microstructure.

Skills

Quantitative analysis

Independent work

Communication skills

Problem solving

Financial markets knowledge

Education

MS or PhD in a quantitative field

Tools

Python

C++

Java

Machine learning

HPC

Trading platforms familiarity

Job description

About the Role

Our client, a cutting-edge quantitative trading firm, is seeking a highly skilled and motivated Algorithmic Trader to join their fully remote team, operating from anywhere within South Africa. This is a remote-first opportunity, designed for individuals who thrive in an autonomous and technologically advanced environment. You will be responsible for designing, developing, and implementing sophisticated trading algorithms across various asset classes. The ideal candidate possesses exceptional quantitative aptitude, a deep understanding of financial markets, and a passion for data-driven trading strategies. This role offers the chance to work with state-of-the-art technology and contribute to a globally competitive trading operation, all while enjoying the ultimate flexibility of a remote work setup.

Key Responsibilities

• Design, develop, backtest, and deploy high-frequency trading strategies.
• Monitor and optimize live trading algorithms for performance and risk management.
• Analyze market data to identify trading opportunities and patterns.
• Collaborate with quantitative researchers and developers to refine strategies and tools.
• Manage trading infrastructure and ensure system stability and reliability.
• Conduct research into new trading methodologies and technologies.
• Implement risk controls and ensure compliance with trading regulations.
• Analyze trading performance metrics and provide detailed reports.
• Adapt strategies to changing market conditions and volatility.
• Maintain a strong understanding of relevant asset classes and market microstructure.

Requirements

• Advanced degree (M.S. or Ph.D.) in a quantitative field such as Computer Science, Mathematics, Physics, Statistics, or Financial Engineering.
• Proven experience (3+ years) in algorithmic trading or quantitative research.
• Strong programming skills in languages such as Python, C++, or Java.
• Deep understanding of financial markets, trading strategies, and statistical analysis.
• Experience with data analysis, machine learning, and high-performance computing.
• Familiarity with trading platforms and execution systems.
• Excellent analytical and problem-solving skills.
• Ability to work independently and manage time effectively in a remote setting.
• Strong communication skills to articulate complex technical concepts.
• A passion for quantitative finance and trading.

Benefits

• Highly competitive compensation package including base salary and profit sharing.
• Remote work flexibility, allowing you to work from anywhere.
• Access to cutting-edge trading technology and infrastructure.
• Opportunities to work on innovative quantitative strategies.
• Stimulating and intellectually challenging work environment.
• Annual bonuses tied to individual and firm performance.
• Support for professional development and continuous learning.
• Health and wellness benefits tailored for remote employees.
• Collaborative virtual team environment.
• Generous vacation policy.