Remote Quantitative Analyst - Derivatives Pricing

Placements24; Bloemfontein; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Home office allowance

Performance-based bonus

Remote work acceptance across SA

Job summary

Placements24 invites a highly skilled Quantitative Analyst to join a leading global financial firm in a remote SA role based in Welkom, Free State. You will build pricing models for a wide range of derivatives and develop trading algorithms.

You should have a strong mathematical foundation, expertise in stochastic calculus, and proficiency in Python, C++, Java, or R. Collaborative, autonomous work is expected.

Qualifications

• Advanced degree in a quantitative field (Math/Physics/Statistics/Financial Engineering/CS).
• 4–6 years of experience as a Quantitative Analyst in finance (investment banking/hedge funds/asset management).
• Strong programming skills in Python/C++/Java/R with numerical methods experience.
• Deep understanding of derivatives, stochastic calculus, and financial modeling.
• Experience with pricing models (Black-Scholes, HJM, LMM) and risk frameworks.

Responsibilities

• Develop, test, and implement pricing models for derivatives such as options, futures, and swaps.
• Design algorithms for trading strategies and portfolio optimization.
• Calibrate and validate models; ensure alignment with market conditions.
• Collaborate with front-office and IT to productionize models and workflows.
• Perform sensitivity analyses and contribute to quantitative research.

Skills

Python

C++

Java

R

Education

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

Tools

SQL

Job description

Placements24 invites a highly skilled Quantitative Analyst to join a leading global financial firm in a remote SA role based in Welkom, Free State. You will build pricing models for a wide range of derivatives and develop trading algorithms.

You should have a strong mathematical foundation, expertise in stochastic calculus, and proficiency in Python, C++, Java, or R. Collaborative, autonomous work is expected.