Remote Quantitative Risk Analyst

Placements24; Cape Town; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Health benefits

Performance-based bonus

Professional development

Remote work infrastructure

Job summary

Placements24 is recruiting a highly skilled Quantitative Analyst for a remote-first Risk Management team. You will design and validate models for market, credit, and operational risk, and integrate analytics into business processes from anywhere in South Africa.

You will back-test, stress-test, and report risk exposures while staying current with quantitative finance developments. This role offers strong growth potential in the global financial arena.

Qualifications

• Master's degree or PhD in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Minimum of 4 years of experience as a Quantitative Analyst or in a similar quantitative role within the financial services industry.
• Strong programming skills in Python, R, C++, or Java, with libraries relevant to quantitative finance.
• Solid understanding of financial derivatives, fixed income, equities, and portfolio theory.
• Expertise in statistical modeling, time series analysis, machine learning, and econometrics.

Responsibilities

• Design, develop, and validate complex quantitative models for market risk, credit risk, and operational risk.
• Implement and maintain risk measurement systems and analytics tools.
• Conduct back-testing and stress-testing of models to ensure their accuracy and robustness.
• Analyze large datasets to identify risk patterns and emerging trends.
• Collaborate with trading desks, portfolio managers, and IT departments to integrate risk models into business processes.
• Prepare detailed reports and presentations on risk exposures and mitigation strategies for senior management and regulatory bodies.
• Stay abreast of the latest developments in quantitative finance, risk management, and regulatory requirements.
• Contribute to the firm’s risk appetite framework and policy development.
• Develop dashboards and visualization tools for risk monitoring and reporting.

Skills

Python

R

C++

Java

Time series analysis

Machine learning

Econometrics

Statistical modeling

Education

Master's degree in a quantitative field

PhD in a quantitative field

Job description

Placements24 is recruiting a highly skilled Quantitative Analyst for a remote-first Risk Management team. You will design and validate models for market, credit, and operational risk, and integrate analytics into business processes from anywhere in South Africa.

You will back-test, stress-test, and report risk exposures while staying current with quantitative finance developments. This role offers strong growth potential in the global financial arena.