Remote Lead Quantitative Developer

Placements24; Cape Town; Hybrid; ZAR 2,988,000 - 4,315,000; Full time

Benefits offered by this job

Stock options and bonuses

Health, dental, vision insurance

Work from home stipend

Job summary

Placements24 is seeking a Remote Lead Quantitative Developer to design and optimize high-frequency trading systems. You will spearhead development of trading algorithms, risk management, and market data infrastructure for a global client base.

The ideal candidate holds a Master’s or PhD in a quantitative field, 7+ years in quantitative development, and expert C++/Python skills. Remote-first, with leadership responsibilities and opportunities to shape architecture.

Qualifications

• 7+ years in quantitative development, ideally in high-frequency trading.
• Expert level proficiency in C++ and Python.
• Strong understanding of financial markets, trading strategies, and statistical arbitrage.
• Experience with real-time systems, low-latency programming, and performance optimization.
• Proven leadership with ability to mentor and manage technical teams.
• Excellent problem-solving, analytical, and communication skills.
• Ability to work effectively in a fully remote, asynchronous team environment.

Responsibilities

• Lead the design, development, and maintenance of quantitative trading strategies and algorithms.
• Develop robust, high-performance, low-latency trading systems and infrastructure.
• Implement and optimize real-time risk management and trade execution logic.
• Analyze large market data sets to identify opportunities and refine models.
• Mentor junior developers and drive technical excellence.

Skills

Leadership

C++

Python

Real-time systems

Low-latency

Machine learning

Problem-solving

Communication

Education

Master's or PhD in a quantitative field

Job description

About the Role

Our client, a pioneering quantitative trading firm, is seeking an exceptional Remote Lead Quantitative Developer to spearhead development efforts for our cutting-edge trading systems. This is a fully remote position, offering unparalleled flexibility and the opportunity to work with a global team of top-tier finance and technology professionals. You will be instrumental in designing, implementing, and optimizing high-frequency trading algorithms, risk management systems, and market data infrastructure. We are looking for a visionary leader with a deep understanding of financial markets, exceptional programming skills, and a passion for innovation. If you thrive in a challenging, results-driven, and remote-first environment, this role is for you. You will be based remotely, contributing to our operations that serve clients worldwide.

Key Responsibilities

• Lead the design, development, and maintenance of quantitative trading strategies and algorithms.
• Develop robust, high-performance, low-latency trading systems and infrastructure.
• Implement and optimize real-time risk management systems and trade execution logic.
• Analyze large datasets of market data to identify trading opportunities and refine models.
• Collaborate closely with portfolio managers and researchers to translate research ideas into production-ready code.
• Mentor and guide junior quantitative developers, fostering a culture of technical excellence.
• Ensure code quality, performance, and scalability through rigorous testing and code reviews.
• Contribute to architectural decisions and technology selection for the quantitative development team.
• Stay current with the latest advancements in quantitative finance, machine learning, and high-performance computing.

Requirements

• Master's or PhD in Computer Science, Mathematics, Physics, Engineering, or a related quantitative field.
• 7+ years of experience in quantitative development, ideally within a high-frequency trading environment.
• Expert-level proficiency in C++ and Python.
• Strong understanding of financial markets, trading strategies, and statistical arbitrage.
• Experience with real-time systems, low-latency programming, and performance optimization.
• Proficiency in data analysis, algorithm development, and machine learning techniques.
• Demonstrated leadership experience, with the ability to mentor and manage technical teams.
• Excellent problem-solving, analytical, and communication skills.
• Ability to work effectively in a fully remote, asynchronous team environment.

Benefits

• Highly competitive salary and performance-based bonuses.
• Generous stock options and long-term incentives.
• Comprehensive health, dental, and vision insurance.
• 401(k) plan with employer matching.
• Unlimited paid time off (PTO) policy.
• Home office stipend for setting up your ideal remote workspace.
• Opportunities to work on challenging and intellectually stimulating problems in the fintech space.
• Direct impact on the firm's trading strategies and profitability.