Senior Quant Analyst — Hybrid Role with Growth & Innovation

Placements24; Johannesburg; Hybrid; ZAR 1,800,000 - 3,400,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Leave allowance

Training and conferences

Hybrid work arrangement

Exposure to diverse financial markets

Job summary

Placements24 is assisting a leading financial institution in Johannesburg to recruit a Senior Quantitative Analyst. The role focuses on developing and back-testing pricing, risk management, and hedging models for derivatives, with production deployment using Python, C++, or R.

You will work closely with traders, portfolio managers, and risk officers in a hybrid work setting. The ideal candidate has a PhD/masters in a quantitative field and at least 5 years in quantitative finance, with strong

Qualifications

• Master's or PhD in Mathematics, Statistics, Physics, CS, Financial Engineering, or Economics.
• Minimum 5 years of relevant Quant experience in financial services.
• Strong knowledge of derivatives, risk management, and financial markets.
• Proficiency in Python, C++, R or Java.

Responsibilities

• Develop, back-test quantitative models for pricing, risk management and hedging of derivatives.
• Design and build algorithms for trading strategies and portfolio optimization.
• Conduct in-depth statistical analysis of market data to identify trends and opportunities.
• Collaborate with traders, PMs and risk officers to meet analytical needs and provide solutions.
• Implement quantitative models in production using high-level programming languages.
• Perform rigorous validation and stress testing of models for accuracy and robustness.
• Research and explore new quantitative methodologies and technologies.
• Contribute to regulatory reporting and model risk compliance.
• Present complex findings to technical and non-technical audiences.
• Mentor junior quantitative analysts and contribute to team knowledge.

Skills

Analytical thinking

Problem solving

Communication skills

Presentation skills

Teamwork

Education

Master's or PhD in quantitative field

Tools

Python

C++

R

Java

Databases

Job description

Placements24 is assisting a leading financial institution in Johannesburg to recruit a Senior Quantitative Analyst. The role focuses on developing and back-testing pricing, risk management, and hedging models for derivatives, with production deployment using Python, C++, or R.

You will work closely with traders, portfolio managers, and risk officers in a hybrid work setting. The ideal candidate has a PhD/masters in a quantitative field and at least 5 years in quantitative finance, with strong