Senior Algorithmic Trader

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

Benefits offered by this job

Competitive bonus structure

Comprehensive health plans

Flexible hours and unlimited vacation

Job summary

Placements24 is seeking a Senior Algorithmic Trader to join a fully remote, globally distributed team. Lead development and deployment of sophisticated trading strategies across multiple asset classes, leveraging market microstructure insights and advanced statistics.

You will design, back-test, and optimize strategies, monitor live systems, and collaborate with researchers and developers to enhance infrastructure while ensuring risk controls and performance targets are met.

Qualifications

• Master's or Ph.D. in Computer Science, Mathematics, Statistics, Financial Engineering, or a related quantitative discipline.
• 5+ years of proven algorithmic trading and strategy development experience.
• Strong programming proficiency in C++, Python, or Java.

Responsibilities

• Design, develop, back-test, and deploy high-frequency algorithmic trading strategies.
• Analyze market data to identify opportunities and optimize parameters in real time.
• Monitor live trading systems for performance, stability and risk controls.
• Collaborate with researchers and developers to improve trading infrastructure and algorithms.
• Conduct post-trade analysis to refine strategies and improve execution.

Skills

C++

Python

Java

Market microstructure

Time series analysis

Machine learning

Distributed computing

Education

Master's or Ph.D. in a quantitative field

Tools

Linux

Git

Job description

About the Role

Our client is a leading quantitative trading firm seeking a highly accomplished Senior Algorithmic Trader to join their elite, fully remote team. This role is critical for developing, implementing, and managing sophisticated trading strategies across various asset classes. You will leverage your deep understanding of market microstructure, statistical modeling, and programming expertise to drive profitability and alpha generation. This is a remote-first position, offering unparalleled flexibility and the opportunity to collaborate with a global team of top-tier professionals, contributing significantly to our client's success from your chosen location. If you are passionate about quantitative finance and algorithmic trading, and thrive in a fast-paced, results-oriented environment, this is the role for you.

Key Responsibilities

• Design, develop, back-test, and deploy high-frequency and low-latency algorithmic trading strategies.
• Analyze market data, identify trading opportunities, and optimize strategy parameters in real-time.
• Monitor and manage live trading systems, ensuring performance, stability, and risk control.
• Collaborate with quantitative researchers and developers to continuously improve trading infrastructure and algorithms.
• Conduct post-trade analysis to identify areas for enhancement and refinement of trading strategies.
• Stay abreast of market developments, new technologies, and regulatory changes impacting algorithmic trading.
• Manage trading risk effectively, implementing appropriate risk controls and monitoring frameworks.
• Contribute to the firm's research efforts in areas such as market impact, order execution, and predictive modeling.
• Work autonomously within a fully remote setting, demonstrating strong initiative and self-management.

Requirements

• Master's or Ph.D. in Computer Science, Mathematics, Statistics, Financial Engineering, or a related quantitative discipline.
• Proven track record (5+ years) of successful algorithmic trading and strategy development.
• Advanced proficiency in programming languages such as C++, Python, or Java.
• Deep understanding of market microstructure, order book dynamics, and execution algorithms.
• Strong quantitative and statistical modeling skills, including time series analysis and machine learning.
• Experience with low-latency systems and high-frequency trading environments.
• Excellent analytical, problem-solving, and critical thinking abilities.
• Strong communication skills, capable of articulating complex technical concepts clearly.
• Ability to thrive in a demanding, fast-paced, and remote work environment.
• Experience with distributed computing and cloud platforms is a plus.

Benefits

• Highly competitive salary and significant performance-based bonuses.
• Comprehensive health, dental, and vision insurance plans.
• Generous retirement savings plan with employer matching.
• Flexible working hours and unlimited vacation policy.
• Opportunities for professional growth and continuous learning in a cutting-edge field.
• Access to state-of-the-art trading technology and infrastructure.
• A truly remote work culture that fosters collaboration and innovation globally.
• Chance to shape the future of trading strategies for a leading firm, based anywhere.