Remote Senior Quantitative Analyst: Derivatives & HFT Models

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

Benefits offered by this job

Fully remote work environment

Flexible hours

Premium health insurance

Access to cutting-edge R&D

Job summary

Placements24 seeks a Senior Quantitative Analyst for a fully remote position within South Africa. You will develop models for pricing derivatives, manage risk, and support algorithmic trading in a fast-paced market. Strong programming skills and deep derivatives knowledge are essential.

The role demands an advanced degree, 6+ years experience in quantitative finance, and collaboration with traders and risk officers to deliver scalable solutions.

Qualifications

• Advanced degree (Master's or PhD) in a quantitative discipline such as Physics, Mathematics, Statistics, or Financial Engineering.
• Minimum of 6 years of experience in a quantitative role within investment banking or hedge funds.
• Expert proficiency in C++ , Python, or similar high-performance programming languages.
• Deep knowledge of financial derivatives, stochastic calculus, and numerical methods.
• Experience with large-scale data analysis and financial databases (e.g., Bloomberg, Reuters).
• Strong analytical and problem-solving abilities, with meticulous attention to detail.

Responsibilities

• Develop, test, and implement quantitative models for pricing exotic options, structured products, and other financial instruments.
• Design and refine algorithms for high-frequency trading and portfolio optimization.
• Conduct rigorous back-testing and validation of trading strategies and risk models.
• Collaborate with IT and trading desks to deploy models into production environments.
• Perform ad-hoc quantitative analysis to support trading decisions and risk assessments.
• Stay abreast of market developments and emerging quantitative methodologies.

Skills

C++

Python

Quantitative analysis

Stochastic calculus

Education

Master's or PhD in quantitative discipline

Tools

Bloomberg

Reuters

Job description

Placements24 seeks a Senior Quantitative Analyst for a fully remote position within South Africa. You will develop models for pricing derivatives, manage risk, and support algorithmic trading in a fast-paced market. Strong programming skills and deep derivatives knowledge are essential.

The role demands an advanced degree, 6+ years experience in quantitative finance, and collaboration with traders and risk officers to deliver scalable solutions.