Senior Financial Data Scientist — Remote, Flexible Hours

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

Benefits offered by this job

Competitive salary

Fully remote with home office support

Cutting-edge projects

Health insurance

Retirement plan

Learning & development

Compute resources access

Flexible hours

Global team culture

Generous leave

Job summary

Placements24 is seeking a Senior Data Scientist with a focus on Financial Modeling to join a fully remote team serving the Banking & Finance sector. You will design, implement, and refine advanced models for risk, fraud, and forecasting, collaborating with traders and analysts across geographies.

The role requires 6+ years in data science with financial application experience, strong Python/R skills, and production deployment capabilities.

Qualifications

• Master's or PhD in a quantitative field (CS/Stats/Math/Physics/Economics).
• 6+ years of Data Science experience with financial modeling.
• Proficient in Python or R and ML libraries.
• Strong SQL and big data tech.
• Production model deployment experience.
• Strong communication and collaboration in cross-functional teams.
• Experience in Banking & Finance preferred.
• Remote work ability.

Responsibilities

• Design, develop, and implement advanced statistical and machine learning models for financial forecasting, risk management, and fraud detection.
• Analyze large, complex datasets to extract actionable insights and identify key drivers of financial performance.
• Build and maintain robust data pipelines and analytical infrastructure.
• Collaborate with quantitative analysts, traders, and product managers to translate business needs into data science solutions.
• Validate model performance, back-test, ensure interpretability and robustness.
• Stay updated on research and advancements in data science, ML, and financial modeling.
• Communicate complex findings and model methodologies clearly to technical and non-technical audiences.
• Mentor junior data scientists and contribute to team knowledge sharing and best practices.
• Develop strategies for data collection, cleaning, and feature engineering for financial applications.
• Optimize model performance and scalability for production environments.

Skills

Python

R

Machine Learning

Time Series

Statistical Modeling

Data Visualization

Education

Master's or PhD in a quantitative field

Tools

TensorFlow

PyTorch

scikit-learn

Pandas

NumPy

Spark

Hadoop

SQL

AWS

Azure

GCP

Job description

Placements24 is seeking a Senior Data Scientist with a focus on Financial Modeling to join a fully remote team serving the Banking & Finance sector. You will design, implement, and refine advanced models for risk, fraud, and forecasting, collaborating with traders and analysts across geographies.

The role requires 6+ years in data science with financial application experience, strong Python/R skills, and production deployment capabilities.