Remote Lead Quantitative Risk Modeling

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 1,800,000 - 2,400,000; Full time

Benefits offered by this job

Fully remote work

Health insurance

Retirement savings plan

Learning budget

Job summary

Placements24 is seeking a Lead Quantitative Analyst to join its advanced risk management team in a fully remote capacity. The role focuses on designing, developing, and validating sophisticated risk models for market, credit, and operational risks, while mentoring a team of analysts and coordinating with cross-functional stakeholders.

Ideal candidates hold a PhD or Master’s in a quantitative field, with 10+ years of experience and at least 3 years in leadership.

Qualifications

• Ph.D. or Master's degree in a quantitative discipline such as Mathematics, Physics, Statistics, or Financial Engineering.
• 10+ years of experience in quantitative analysis, with at least 3 years in a leadership role.
• Expertise in stochastic calculus, time series analysis, and numerical methods.
• Proficiency in programming languages like Python, C++, or R for model development.
• Deep understanding of financial markets, derivatives, and risk management principles.
• Experience with regulatory frameworks such as Basel III is advantageous.

Responsibilities

• Design, develop, and validate quantitative risk models.
• Lead and mentor a team of quantitative analysts.
• Analyze financial instruments and market data to quantify risks.
• Develop stress tests and back-testing for model validation.
• Collaborate with risk, trading, and technology teams to deploy models.
• Ensure compliance with Basel III and internal model risk policies.

Skills

Leadership

Stochastic calculus

Time series analysis

Numerical methods

Education

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

Tools

Python

C++

R

Job description

Placements24 is seeking a Lead Quantitative Analyst to join its advanced risk management team in a fully remote capacity. The role focuses on designing, developing, and validating sophisticated risk models for market, credit, and operational risks, while mentoring a team of analysts and coordinating with cross-functional stakeholders.

Ideal candidates hold a PhD or Master’s in a quantitative field, with 10+ years of experience and at least 3 years in leadership.