Remote Lead Quantitative Analyst

Placements24; Durban; Hybrid; ZAR 1,500,000 - 2,300,000; Full time

Benefits offered by this job

Competitive salary and bonuses

Health, dental, vision insurance

Home office setup allowance

Flexible remote hours

Distributed team collaboration

Job summary

Placements24 is seeking a highly skilled Remote Lead Quantitative Analyst to lead the quantitative strategies team. This fully remote role focuses on designing and implementing advanced models for pricing, risk, and trading strategies.

You will mentor analysts, collaborate with cross-functional teams, stay current with research, and document methodologies. The ideal candidate holds an advanced degree, 7+ years in quant analytics, and proficiency in Python, R, C++, Java, and ML libraries.

Qualifications

• Advanced degree in mathematics, statistics, physics, CS or financial engineering.
• 7+ years in quantitative analysis in financial services with 2+ in leadership.
• Proficiency in Python, R, C++, Java and ML libraries.
• Deep knowledge of stochastic calculus, time series, statistical modeling and risk management.
• Experience deploying sophisticated financial models in production.

Responsibilities

• Lead design, development, validation, and implementation of complex models for pricing, risk and trading.
• Mentor and manage a team of quantitative analysts.
• Collaborate with business units to translate needs into quantitative solutions.
• Stay current with academic research and industry best practices in quantitative finance.
• Develop and maintain documentation for models and methodologies.
• Contribute to strategic direction of the quantitative research function.

Skills

Leadership

Communication

Mentoring/People management

Education

Master's or Ph.D. in a quantitative field

Tools

Python

R

C++

Java

Machine Learning libraries

Job description

About the Role

Our client is seeking a highly skilled and experienced Remote Lead Quantitative Analyst to spearhead their quantitative strategies team. This role is fully remote, offering the flexibility to work from anywhere while making a significant impact on our financial modeling and risk management efforts. You will be responsible for designing, developing, and implementing sophisticated quantitative models, leading a team of analysts, and collaborating with cross-functional departments to drive innovation in financial product development and risk assessment. This is a critical leadership position for an individual passionate about leveraging advanced mathematical techniques and data science to solve complex financial challenges in a remote-first environment.

Key Responsibilities

• Lead the design, development, validation, and implementation of complex quantitative models for pricing, risk management, and trading strategies.
• Mentor and manage a team of quantitative analysts, providing technical guidance and fostering professional growth.
• Collaborate with business units to understand their needs and translate them into quantitative solutions.
• Stay abreast of academic research and industry best practices in quantitative finance and data science.
• Develop and maintain robust documentation for all models and methodologies.
• Contribute to the strategic direction of the quantitative research function.

Requirements

• Advanced degree (Master's or Ph.D.) in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Minimum of 7 years of experience in quantitative analysis within the financial services industry, with at least 2 years in a leadership role.
• Expert proficiency in programming languages like Python, R, C++, or Java, and experience with machine learning libraries.
• Deep understanding of stochastic calculus, time series analysis, statistical modeling, and risk management principles.
• Proven experience in building and deploying sophisticated financial models in a production environment.
• Excellent communication skills, with the ability to explain complex technical concepts to non-technical audiences.

Benefits

• Highly competitive salary and performance-based bonuses, tailored for remote talent.
• Comprehensive health, dental, and vision insurance.
• Generous allowance for home office setup and professional development.
• Flexible working hours and a truly remote work environment.
• Opportunity to work on cutting-edge quantitative problems with a talented, distributed team.