Remote Senior Quantitative Analyst

Placements24; Benoni; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Remote work setup

Global exposure and flexible schedules

Competitive salary and bonus structure

Comprehensive medical and retirement

Job summary

Placements24 is seeking a Senior Quantitative Analyst for a fully remote role open to candidates across South Africa. The role focuses on advanced mathematical methods to build trading models, risk tools, and pricing algorithms for a global financial services client.

The ideal candidate holds an advanced degree in a quantitative field, 5+ years of experience, and expert programming skills in Python, C++, or R.

Qualifications

• Master's or Ph.D. in a quantitative field (Mathematics, Statistics, Physics, Computer Science, or Financial Engineering).
• Minimum of 5 years of experience as a Quantitative Analyst or in a similar role within Banking & Finance.
• Proven expertise in developing and implementing complex financial models.
• Advanced programming skills in Python, C++, or R, with experience in libraries such as NumPy, SciPy, Pandas.
• Strong understanding of stochastic calculus, time series analysis, and statistical modeling techniques.
• Excellent knowledge of financial markets, derivatives and risk management principles.
• Excellent communication skills, with the ability to explain complex concepts to non-technical audiences.
• Must be eligible to work fully Remote from South Africa.

Responsibilities

• Design, develop, and implement quantitative models for trading strategies, risk management, and asset pricing.
• Conduct back-testing and statistical analysis of model performance.
• Utilize Python, C++, and R for model development and implementation.
• Collaborate with traders, portfolio managers, and risk managers to translate business needs into quantitative solutions.
• Research and explore new methodologies and technologies to enhance modeling capabilities.
• Analyze large datasets to identify patterns, insights, and potential alpha opportunities.
• Document model specifications, assumptions, and methodologies clearly.
• Ensure models comply with regulatory requirements and internal risk frameworks.

Skills

Analytical thinking

Communication

Problem solving

Team collaboration

Education

Master's or PhD in a quantitative field

Tools

Python

C++

R

Job description

About the Role

Our client, a forward-thinking global financial services firm, is seeking an exceptional Senior Quantitative Analyst to join their cutting-edge **Banking & Finance** division. This is a fully **Remote** position, open to candidates across **South Africa**, with a focus on leveraging advanced mathematical and statistical methods to solve complex financial problems. You will be instrumental in developing sophisticated trading models, risk management tools, and pricing algorithms. This role demands a highly analytical mind, advanced programming skills, and a deep understanding of financial markets. The successful candidate will contribute to the firm's intellectual capital and drive innovation from a **remote** setting, specifically supporting operations that may touch upon **Gauteng**'s financial hub.

Key Responsibilities

• Design, develop, and implement quantitative models for trading strategies, risk management, and asset pricing.
• Conduct rigorous back-testing and statistical analysis of model performance.
• Utilize advanced programming languages (e.g., Python, C++, R) for model development and implementation.
• Collaborate with traders, portfolio managers, and risk managers to translate business needs into quantitative solutions.
• Research and explore new methodologies and technologies to enhance modeling capabilities.
• Analyze large datasets to identify patterns, insights, and potential alpha opportunities.
• Document model specifications, assumptions, and methodologies clearly.
• Ensure models comply with regulatory requirements and internal risk frameworks.

Requirements

• Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Minimum of 5 years of experience as a Quantitative Analyst or in a similar role within the **Banking & Finance** industry.
• Proven expertise in developing and implementing complex financial models.
• Advanced programming skills in Python, C++, or R, with experience in relevant libraries (e.g., NumPy, SciPy, Pandas).
• Strong understanding of stochastic calculus, time series analysis, and statistical modeling techniques.
• Excellent knowledge of financial markets, derivatives and risk management principles.
• Strong problem-solving abilities and analytical thinking.
• Excellent communication skills, with the ability to explain complex concepts to non-technical audiences.
• Must be eligible to work **fully Remote** from **South Africa**.

Benefits

• Highly competitive salary and bonus structure.
• Comprehensive medical and retirement benefits.
• Significant opportunities for professional development and exposure to advanced quantitative finance.
• Flexible work arrangements with a fully **Remote** setup.
• Work with a leading global firm on challenging and innovative projects.
• Opportunity to shape the future of quantitative finance.