Remote Quantitative Analyst: Trading, Risk & Derivatives

Placements24; Soweto; Hybrid; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Performance-based bonus

Fully remote work

Health, dental, and vision insurance

Access to cutting-edge technology

Professional development support

Job summary

Placements24 is seeking a highly analytical Remote Quantitative Analyst to join their financial modeling team. This role develops and implements complex models for trading, risk, and derivative pricing, working with large datasets and advanced statistical methods from anywhere in South Africa.

You will back-test strategies, collaborate with traders and PMs, write clean code, and stay current with research in quantitative finance. A Master’s or PhD and 3–5 years of experience are required.

Qualifications

• Master's or Ph.D. in a quantitative field (Math/Stats/Physics/FE/CS)
• 3-5 years of experience in quantitative analysis/financial modeling
• Strong programming skills in Python, C++, or R with numerical libraries
• In-depth knowledge of financial markets, derivatives, and statistical modeling techniques
• Excellent analytical, problem-solving, and mathematical skills
• Ability to work independently, manage multiple projects, and meet deadlines

Responsibilities

• Develop, test, and implement quantitative models for financial markets, including algorithmic trading, risk management, and derivative pricing.
• Perform statistical analysis, data mining, and back-testing of trading strategies.
• Analyze market data to identify trends, opportunities, and potential risks.
• Collaborate with traders, portfolio managers, and other stakeholders to refine model performance and implement new strategies.
• Write efficient and clean code for model implementation, simulation, and data processing.
• Stay updated on the latest research and advancements in quantitative finance and computational methods.

Skills

Analytical thinking

Financial modeling

Problem solving

Time management

Education

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

Tools

Python

C++

R

Job description

Placements24 is seeking a highly analytical Remote Quantitative Analyst to join their financial modeling team. This role develops and implements complex models for trading, risk, and derivative pricing, working with large datasets and advanced statistical methods from anywhere in South Africa.

You will back-test strategies, collaborate with traders and PMs, write clean code, and stay current with research in quantitative finance. A Master’s or PhD and 3–5 years of experience are required.