Remote Quantitative Analyst - Algorithmic Trading

Placements24; South Africa; Remote; ZAR 2,028,000 - 3,042,000; Full time

Benefits offered by this job

Health insurance

Retirement contributions

Remote work flexibility

Job summary

Placements24 is seeking a Quantitative Analyst to join a globally distributed, remote-first team. You will develop and implement sophisticated quantitative models for algorithmic trading, leveraging mathematics, statistics, and programming to identify opportunities, optimize execution, and manage risk in fast markets.

The role emphasizes collaboration, asynchronous communication, and continuous learning while offering competitive compensation and a comprehensive benefits package for a remote

Qualifications

• Master's or PhD in a quantitative field (Math, Stats, Physics, CS, or Financial Eng).
• 3+ years in quantitative analysis, algorithmic trading, or related field.
• Strong programming in Python and/or C++, with data manipulation libraries.
• Solid understanding of financial markets, derivatives, and trading mechanisms.
• Expertise in statistical modeling and time-series analysis; ML algorithms beneficial.

Responsibilities

• Design, develop, and backtest quantitative trading strategies using statistics and ML.
• Analyze large datasets to identify patterns and predictive signals in markets.
• Develop real-time trading algorithms and risk management systems.
• Collaborate with software engineers to deploy strategies in production.
• Monitor performance and conduct ongoing research to improve effectiveness.
• Perform risk analysis and implement risk mitigation strategies.
• Stay current with academic research and industry trends in quantitative finance.
• Contribute to improving the firm's quantitative infrastructure and methodologies.

Skills

Python

C++

Statistical modeling

Time series analysis

Machine learning

Education

Master's or PhD in quantitative fields

Tools

NumPy

Pandas

SciPy

Database technologies

Job description

About the Role

Our client is a pioneering quantitative trading firm looking to expand its globally distributed team with a skilled Quantitative Analyst. This is a fully remote position, allowing you to work from anywhere, provided you have a reliable internet connection. The successful candidate will be responsible for developing and implementing sophisticated quantitative models for algorithmic trading strategies. You will leverage your expertise in mathematics, statistics, and programming to identify trading opportunities, optimize execution, and manage risk in fast-paced markets. This role requires a deep understanding of financial markets and a passion for quantitative research. The remote-first culture of our client fosters collaboration through advanced digital tools and a commitment to asynchronous communication, ensuring seamless integration regardless of your location. You will be an integral part of a team that is at the forefront of financial innovation, driving profitability through data-driven insights and cutting-edge technology.

Key Responsibilities

• Design, develop, and backtest quantitative trading strategies using statistical and machine learning techniques.
• Analyze large datasets to identify patterns, correlations, and predictive signals in financial markets.
• Develop and maintain real-time trading algorithms and risk management systems.
• Collaborate with software engineers to implement and deploy trading strategies in production environments.
• Monitor the performance of trading algorithms and conduct ongoing research to improve their effectiveness.
• Perform thorough risk analysis and implement risk mitigation strategies.
• Stay abreast of the latest academic research and industry trends in quantitative finance.
• Contribute to the continuous improvement of the firm's quantitative infrastructure and methodologies.

Requirements

• Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Proven experience (3+ years) in quantitative analysis, algorithmic trading, or a related field.
• Strong programming skills in Python, C++, or similar languages, with experience in data manipulation and analysis libraries (e.g., NumPy, Pandas, SciPy).
• Solid understanding of financial markets, derivatives, and trading mechanisms.
• Expertise in statistical modeling, time series analysis, and machine learning algorithms.
• Experience with large-scale data processing and database technologies.
• Excellent problem-solving skills and a rigorous, analytical mindset.
• Ability to work independently and manage multiple projects in a remote setting.

Benefits

• As a fully remote employee, you will receive a highly competitive salary, performance-based bonuses, and a comprehensive benefits package including health insurance and retirement contributions.
• Our client invests in your professional growth with opportunities for continuous learning and development, access to cutting-edge research, and the chance to work with a globally recognized team of experts in algorithmic trading.
• Enjoy the flexibility and autonomy of a remote role while contributing to the success of a leading firm in the finance industry.