Remote Quantitative Developer - Algorithmic Trading

Placements24; Klerksdorp; Remote; ZAR 1,690,000 - 3,042,000; Full time

Benefits offered by this job

Competitive salary

Fully remote work

Bonuses and profit-sharing

Job summary

Placements24 is seeking a Quantitative Developer for a fully remote, globally distributed team. The role focuses on designing and implementing high-frequency trading systems, low-latency execution, backtesting frameworks, and data analysis tools to support cutting-edge quantitative strategies.

The successful candidate will have 3–5 years in quantitative development, expert C++ skills, and a strong background in real-time data processing, multithreading, and Linux environments.

Qualifications

• Master's or Ph.D. in a quantitative discipline.
• 3–5 years of professional experience in quantitative development or low-latency systems.
• Expertise in C++ is mandatory; Python is highly desirable for scripting and data analysis.
• Familiarity with Linux/Unix environments, socket programming, and multithreading.

Responsibilities

• Develop, test, and deploy high-performance, low-latency trading algorithms and systems.
• Design efficient data structures for real-time market data processing and execution.
• Build and maintain backtesting engines to evaluate strategies.

Skills

C++

Python

Low-latency

Multithreading

Real-time data

Socket programming

Linux/Unix

Education

Master's or PhD in CS/EE/Math/Physics

Job description

About the Role

Our client, a prominent quantitative trading firm, is seeking a highly skilled Quantitative Developer to join their globally distributed, fully remote team. This role is focused on designing, implementing, and optimizing high-frequency trading systems and algorithms. You will work at the forefront of financial technology, developing sophisticated low-latency execution systems, backtesting frameworks, and data analysis tools. This is a unique opportunity to contribute to cutting-edge quantitative strategies within the fast-paced world of financial trading, with the complete flexibility of remote work.

Key Responsibilities

• Develop, test, and deploy robust, high-performance, low-latency trading algorithms and systems.
• Design and implement efficient data structures and algorithms for real-time market data processing and trade execution.
• Build and maintain sophisticated backtesting engines to evaluate trading strategies.
• Collaborate with quantitative researchers and portfolio managers to translate trading ideas into production-ready code.
• Optimize existing trading systems for speed, reliability, and resource efficiency.
• Contribute to the architecture and design of new trading platforms and infrastructure.
• Perform in-depth analysis of trading performance, identifying areas for improvement.
• Ensure the highest standards of code quality, testing, and documentation.
• Stay current with technological advancements in high-frequency trading and quantitative finance.

Requirements

• Master's or Ph.D. in Computer Science, Electrical Engineering, Mathematics, Physics, or a related quantitative discipline.
• 3-5 years of professional experience in quantitative development, algorithmic trading, or low-latency systems development.
• Expertise in C++ is mandatory, with a strong understanding of high-performance computing principles.
• Proficiency in Python for scripting, data analysis, and strategy development is highly desirable.
• Experience with real-time data processing, socket programming, and multithreading.
• Strong understanding of financial markets, trading strategies, and order execution mechanisms.
• Familiarity with Linux/Unix environments and shell scripting.
• Excellent problem-solving and analytical skills, with meticulous attention to detail.
• Ability to work independently and effectively in a distributed, remote team environment.
• Strong communication skills for effective collaboration.

Benefits

• This role offers an extremely competitive salary, substantial performance bonuses, and potential profit-sharing opportunities.
• As a fully remote position, it provides unparalleled flexibility.
• Additional benefits include comprehensive health coverage, generous time off, and a generous budget for professional development, conferences, and home office equipment.
• Our client is committed to fostering innovation and providing challenging, rewarding work in the Banking & Finance sector, enabling significant career growth for its team members.