Remote Senior Quantitative Analyst (Quant)

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Highly competitive salary

Fully remote work

Professional development budget

Flexible working hours

Job summary

Placements24 is seeking a Remote Senior Quantitative Analyst to lead the design and implementation of advanced pricing, hedging, and algorithmic trading models.

You will apply stochastic calculus, time series analysis, and machine learning to optimize financial platforms. Collaboration with traders and quants is essential in a distributed, remote-first setting.

Qualifications

• Advanced degree in a quantitative field.
• 5+ years of experience as a Quant in finance or fintech.
• Strong programming skills in Python, R, C++, or Java.
• Proficient in statistical modeling and machine learning techniques.
• Familiarity with derivatives pricing, risk management, and financial markets.

Responsibilities

• Design, develop, and implement quantitative models for pricing, hedging, risk management, and algo trading strategies.
• Conduct rigorous statistical analysis and back-testing with historical and real-time data.
• Develop high-performance code in Python, R, C++, or Java.
• Collaborate with traders and quants to identify opportunities and solve complex problems.
• Research new mathematical and statistical techniques for financial markets.

Skills

Quant experience

Python

R programming

C++

Java

Statistical modeling

ML techniques

Education

Master's/PhD in Quant

Tools

NumPy

SciPy

Pandas

C++

Java

R

Job description

About the Role

Our client, a globally recognized financial technology firm, is seeking to hire a highly skilled and motivated Remote Senior Quantitative Analyst (Quant) . This is a fully remote position, offering unparalleled flexibility to candidates across South Africa and beyond. You will be at the forefront of developing sophisticated mathematical models and algorithms to drive trading strategies, risk management, and product development within our cutting-edge financial platforms. This role demands a deep understanding of statistical methods, programming, and financial markets. You will collaborate with a distributed team of experts, contributing to innovative solutions that shape the future of finance. If you are a top-tier quant professional looking for a challenging, remote-first opportunity with significant impact, this is the perfect fit.

Key Responsibilities

• Design, develop, and implement quantitative models for pricing, hedging, risk management, and algorithmic trading strategies.
• Conduct rigorous statistical analysis and back-testing of models using historical and real-time market data.
• Develop and maintain high-performance code in languages such as Python, R, C++, or Java.
• Collaborate closely with traders, portfolio managers, and other quants to identify opportunities and address complex financial problems.
• Research and explore new mathematical and statistical techniques applicable to financial markets.
• Ensure the robustness, accuracy, and efficiency of deployed quantitative models.
• Contribute to the development of trading infrastructure and risk systems.
• Document models, methodologies, and research findings thoroughly.
• Stay abreast of the latest advancements in quantitative finance, machine learning, and data science.

Requirements

• A Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or a related discipline.
• A minimum of 5 years of experience as a Quantitative Analyst in an investment bank, hedge fund, asset management firm, or fintech company.
• Expert-level programming skills in at least one of the following: Python (with libraries like NumPy, SciPy, Pandas), R, C++, or Java.
• Proven experience in developing and implementing complex financial models.
• Strong understanding of stochastic calculus, time series analysis, statistical modeling, and machine learning techniques.
• Familiarity with financial markets, derivatives pricing, and risk management principles.
• Excellent problem-solving skills and a logical, analytical approach.
• Ability to work independently and effectively in a remote, collaborative team environment.
• Strong written and verbal communication skills, with the ability to explain complex concepts clearly.

Benefits

• Highly competitive salary and performance-based bonuses, reflecting top-tier quantitative talent.
• Fully remote work arrangement, offering maximum flexibility and work-life balance.
• Opportunity to work with a world-class team of quantitative professionals on challenging problems.
• Exposure to state-of-the‑art technology and advanced financial modeling techniques.
• Significant potential for professional growth and career advancement.
• Contribution to innovative projects that have a real‑world impact on financial markets.
• Generous professional development budget for conferences, courses, and certifications.
• Flexible working hours to accommodate global collaboration.