Senior Cape Town Quantitative Risk Analyst

Placements24; Cape Town; On-site; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Medical aid

Retirement fund contributions

Life insurance

Conference eligibility

Professional growth opportunities

Job summary

Placements24 is seeking a highly skilled Quantitative Analyst in Cape Town to join its Risk Management division. You will develop and implement advanced models for market, credit, and operational risk, collaborating with trading desks and risk officers.

The role requires a Master's or PhD in a quantitative field and at least 5 years of experience, with strong programming in Python/C++/R/Java and a deep understanding of financial markets and derivatives.

Qualifications

• Master's degree or PhD in a quantitative field.
• Minimum 5 years of Quant experience in financial services.
• Proficiency in Python, C++, R, or Java.
• Strong knowledge of stochastic calculus, time series analysis, and statistical modeling.
• Knowledge of financial markets, derivatives, and risk management.
• Experience with data manipulation and analysis tools.
• Excellent problem-solving and attention to detail.
• Strong written and verbal communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Must be based in or relocate to Cape Town, Western Cape.

Responsibilities

• Develop, validate, and implement quantitative models for risk measurement, pricing, and hedging of financial instruments.
• Perform complex data analysis and statistical modeling to identify, quantify, and forecast financial risks.
• Design and backtest trading strategies and risk management frameworks.
• Collaborate with trading desks, portfolio managers, and risk officers to provide quantitative insights.
• Ensure models comply with Basel III/IV and internal risk policies.
• Automate risk reporting processes and develop analytical tools.
• Stay updated on advancements in quantitative finance, econometrics, and ML.

Skills

Python

C++

R

Java

Quantitative Modeling

Stochastic Calculus

Time Series Analysis

Data Manipulation

Education

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

Tools

Pandas

Job description

Placements24 is seeking a highly skilled Quantitative Analyst in Cape Town to join its Risk Management division. You will develop and implement advanced models for market, credit, and operational risk, collaborating with trading desks and risk officers.

The role requires a Master's or PhD in a quantitative field and at least 5 years of experience, with strong programming in Python/C++/R/Java and a deep understanding of financial markets and derivatives.