Remote Senior Quantitative Analyst: Derivatives & Risk

Placements24; Randburg; Hybrid; ZAR 1,200,000 - 2,100,000; Full time

Benefits offered by this job

Competitive salary

Health benefits

Professional development

Remote-first culture

Flexible remote work

Impactful modeling

Job summary

Placements24 is assisting a leading global financial services firm in Randburg to hire a Senior Quantitative Analyst. This remote-first role focuses on developing pricing, trading, and risk models and requires deep mathematical and computational expertise across Python, C++, and R.

You will backtest strategies, analyze large datasets, and collaborate with traders and technologists to deploy robust models while staying current with advances in ML and computational finance.

Qualifications

• Advanced degree in a quantitative field such as Mathematics, Physics, Statistics, CS, Financial Engineering, or related discipline.
• Minimum of 5–7 years as a Quant in financial services, with focus on derivatives pricing or risk management.
• Proficiency in Python, C++, R or similar.
• Strong background in statistical modeling, time series analysis, and stochastic calculus.
• Deep understanding of financial markets, instruments, and trading strategies.
• Excellent analytical and problem-solving skills; able to work independently in a remote setting.

Responsibilities

• Design, develop, and implement sophisticated mathematical and statistical models for pricing, trading, and risk management.
• Develop algorithms and computational tools to support trading strategies and derivative pricing.
• Analyze large datasets to identify market patterns, correlations, and opportunities.
• Collaborate with traders, PMs, and technologists to implement and validate models.
• Backtest and performance analyze trading strategies and risk models.
• Keep abreast of advancements in quantitative finance, ML, and computational techniques.
• Contribute to intellectual capital through research papers and knowledge sharing.
• Ensure robustness, accuracy, and efficiency of quantitative models and systems.
• Communicate complex concepts to technical and non-technical audiences.

Skills

Python

C++

R

Mathematical modeling

Time series

Stochastic calculus

Machine learning

Remote work

Education

Master's degree in quantitative field

PhD in related field

Job description

Placements24 is assisting a leading global financial services firm in Randburg to hire a Senior Quantitative Analyst. This remote-first role focuses on developing pricing, trading, and risk models and requires deep mathematical and computational expertise across Python, C++, and R.

You will backtest strategies, analyze large datasets, and collaborate with traders and technologists to deploy robust models while staying current with advances in ML and computational finance.