Remote Senior Quantitative Analyst

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

Job summary

WhatJobs Direct is seeking a Senior Quantitative Analyst for a fully remote opportunity in Banking & Finance. You will design, develop, and back-test complex models for pricing, hedging, and risk management, collaborating with traders and risk managers to deliver data-driven insights.

You will mentor junior analysts and ensure regulatory compliance while staying ahead of industry developments. This remote-first position offers flexibility and global collaboration opportunities.

Qualifications

• 5+ years of progressive experience as a Quantitative Analyst in Banking & Finance.
• Advanced proficiency in programming languages like Python, C++, or Java with numerical libraries.

Responsibilities

• Design, develop, test, and implement complex quantitative models for financial instruments, derivatives, and risk management.
• Perform rigorous statistical analysis and back-testing of models to ensure accuracy and reliability.
• Collaborate with traders, portfolio managers, and risk managers to understand their analytical needs and provide data-driven solutions.
• Develop algorithms for pricing, hedging, and trading strategies.
• Automate data collection, model calibration, and reporting processes.
• Research and stay abreast of the latest academic and industry developments in quantitative finance.
• Communicate complex modeling concepts and results clearly to both technical and non-technical stakeholders.
• Contribute to the firm's quantitative strategy and innovation efforts.
• Ensure models comply with regulatory requirements and internal risk policies.
• Mentor junior quantitative analysts and contribute to the team's technical expertise.

Skills

Python

C++

Java

Education

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

Job description

About the Role

WhatJobs Direct is seeking an exceptional Senior Quantitative Analyst for a fully remote opportunity. Our client, a major player in the **Banking & Finance** sector, requires a highly analytical and technically proficient individual to develop and implement sophisticated quantitative models for trading, risk management, and pricing. This role is critical for driving innovation and maintaining a competitive edge in complex financial markets. The ideal candidate thrives in a remote environment, possessing strong problem-solving skills and a deep understanding of mathematical finance and statistical modeling. This position is remote-first, offering flexibility and the chance to contribute from anywhere.

Key Responsibilities

• Design, develop, test, and implement complex quantitative models for financial instruments, derivatives, and risk management.
• Perform rigorous statistical analysis and back-testing of models to ensure accuracy and reliability.
• Collaborate with traders, portfolio managers, and risk managers to understand their analytical needs and provide data-driven solutions.
• Develop algorithms for pricing, hedging, and trading strategies.
• Automate data collection, model calibration, and reporting processes.
• Research and stay abreast of the latest academic and industry developments in quantitative finance.
• Communicate complex modeling concepts and results clearly to both technical and non-technical stakeholders.
• Contribute to the firm's quantitative strategy and innovation efforts.
• Ensure models comply with regulatory requirements and internal risk policies.
• Mentor junior quantitative analysts and contribute to the team's technical expertise.

Requirements

• Master's or Ph.D. degree in a highly quantitative field such as Mathematics, Physics, Statistics, Computer Science, or Financial Engineering.
• 5+ years of progressive experience as a Quantitative Analyst or in a similar role within **Banking & Finance**.
• Advanced proficiency in programming languages like Python, C++, or Java, with experience in numerical libraries.