Remote Lead Quantitative Analyst

Placements24; South Africa; Remote; ZAR 1,500,000 - 2,300,000; Full time

Benefits offered by this job

Health insurance

Retirement planning

Paid time off

100% remote work

Job summary

Placements24 is seeking a Remote Lead Quantitative Analyst to lead advanced financial modeling and risk management. The role is 100% remote, ideal for a seasoned professional seeking to make an impact from anywhere.

You will develop pricing models, assess market risk, and implement trading strategies. The successful candidate will lead a team of quantitative analysts, mentor colleagues, and ensure regulatory compliance while collaborating with traders and technology teams.

Qualifications

• Ph.D. or Master’s in a quantitative field (Math, Physics, Statistics, CS or Financial Engineering).
• 8+ years of quantitative analysis experience with leadership.
• Strong knowledge of stochastic calculus, time series, econometrics, and ML.
• Proficient in Python, C++, and R for modeling and deployment.
• Deep understanding of derivatives, risk management, and financial markets.
• Excellent communication and remote-leadership skills.

Responsibilities

• Lead the design, development, and implementation of complex quantitative models for derivatives pricing, risk management, and portfolio optimization.
• Conduct rigorous statistical analysis and back-testing of models to ensure accuracy and robustness.
• Develop and deploy algorithms for algorithmic trading strategies.
• Collaborate with traders, portfolio managers, and technology teams to integrate quantitative solutions into production systems.
• Mentor and guide a team of quantitative analysts, fostering a collaborative and high-performance culture.
• Stay abreast of the latest academic research and industry trends in quantitative finance.
• Present complex findings and model methodologies to senior management and non-technical stakeholders.
• Ensure models comply with regulatory requirements and internal risk policies.
• Contribute to the strategic direction of the quantitative research team.
• Develop and maintain high-quality, well-documented code in languages like Python, C++, or R.

Skills

Python

C++

R

Machine learning

Time series analysis

Stochastic calculus

Econometrics

Derivatives pricing

Education

Master's or PhD in Mathematics/Physics/Statistics/CS/Financial Engineering

Job description

About the Role

Our client is seeking a highly skilled and experienced Remote Lead Quantitative Analyst to spearhead advanced financial modeling and risk management initiatives. This fully remote position is ideal for a seasoned professional looking to make a significant impact from anywhere. You will be instrumental in developing complex pricing models, assessing market risk, and implementing sophisticated trading strategies. This role demands a deep theoretical understanding coupled with practical application in a fast-paced financial environment. The successful candidate will lead a team of quantitative analysts, fostering innovation and excellence in all analytical endeavors. This is a unique opportunity to shape the future of financial analytics within a globally recognized firm.

Key Responsibilities

• Lead the design, development, and implementation of complex quantitative models for derivatives pricing, risk management, and portfolio optimization.
• Conduct rigorous statistical analysis and back-testing of models to ensure accuracy and robustness.
• Develop and deploy algorithms for algorithmic trading strategies.
• Collaborate with traders, portfolio managers, and technology teams to integrate quantitative solutions into production systems.
• Mentor and guide a team of quantitative analysts, fostering a collaborative and high-performance culture.
• Stay abreast of the latest academic research and industry trends in quantitative finance.
• Present complex findings and model methodologies to senior management and non-technical stakeholders.
• Ensure models comply with regulatory requirements and internal risk policies.
• Contribute to the strategic direction of the quantitative research team.
• Develop and maintain high-quality, well-documented code in languages like Python, C++, or R.

Requirements

• Ph.D. or Master's degree in a quantitative field such as Mathematics, Physics, Statistics, Computer Science, or Financial Engineering.
• Extensive experience (8+ years) in quantitative analysis, with a proven track record of leading successful projects.
• Deep understanding of stochastic calculus, time series analysis, econometrics, and machine learning techniques.
• Expertise in programming languages commonly used in quantitative finance (e.g., Python, C++, R).
• Strong knowledge of financial markets, derivatives, and risk management principles.
• Excellent problem-solving abilities and a keen eye for detail.
• Proven ability to lead and mentor teams effectively.
• Exceptional communication skills, with the ability to explain complex technical concepts to diverse audiences.
• Demonstrated experience working in a remote-first environment, with strong self-discipline and time management skills.
• A passion for innovation and driving analytical advancements in finance.

Benefits

This role is 100% remote, offering unparalleled flexibility. Our client provides a highly competitive salary, significant performance bonuses, and an excellent benefits package including health insurance, retirement planning, and generous paid time off. You will have access to cutting-edge tools and resources, along with opportunities for continuous professional growth and learning. Embrace a work-life balance that suits your lifestyle while contributing to a world-class financial services organization. Our client is committed to fostering a diverse and inclusive remote workforce.