Senior Quantitative Analyst

Placements24; Polokwane; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Performance-based bonuses

Health benefits

Professional development budget

Fully remote work setup

Job summary

Placements24 in Polokwane is seeking a Senior Quantitative Analyst to develop and implement sophisticated models for pricing, risk management, and trading strategies within a dynamic financial markets team.

You will analyze large market datasets, back-test models, and collaborate with traders and technology teams to convert quantitative insights into actionable solutions. This role offers a fully remote work setup with strong bonuses and a focus on professional growth.

Qualifications

• Master's or Ph.D. in a quantitative field such as Financial Engineering, Mathematics, Physics, Statistics, or Computer Science.
• Minimum of 5 years in a quantitative analysis role within financial services.
• Strong programming in C++, Python or R and experience with numerical libraries.
• Deep understanding of stochastic calculus, time series analysis and derivatives pricing.
• Proven ability to work with large datasets and complex mathematical concepts.

Responsibilities

• Develop, test, and implement quantitative models for pricing, risk management, and trading strategies.
• Analyze large datasets to identify market patterns, correlations, and predictive signals.
• Collaborate with traders, portfolio managers, and technology teams to translate insights into solutions.
• Back-test and validate models to ensure robustness and accuracy.
• Stay current with advancements in quantitative finance, machine learning, and computational methods.
• Prepare technical documentation and present findings to quantitative and business audiences.

Skills

Stochastic calculus

Time series analysis

Mathematical modeling

Collaborative mindset

Education

Master's or Ph.D. in Financial Engineering/Math/Physics/Statistics/CS

Tools

C++

Python

R

Numerical libraries

Job description

About the Role

Our client is seeking a highly skilled and innovative Senior Quantitative Analyst to join their sophisticated financial markets team in Polokwane . This role is crucial for developing and implementing complex mathematical models and analytical tools to support trading strategies, risk management, and product development within the investment banking domain. You will leverage advanced statistical techniques and programming skills to analyze market data, price financial instruments, and optimize portfolios. This position offers a challenging and rewarding environment for individuals passionate about quantitative finance and its application in dynamic markets.

Key Responsibilities

• Develop, test, and implement quantitative models for pricing, risk management, and trading strategies.
• Analyze large datasets to identify market patterns, correlations, and predictive signals.
• Collaborate with traders, portfolio managers, and technology teams to translate quantitative insights into actionable solutions.
• Conduct rigorous back-testing and validation of models to ensure their robustness and accuracy.
• Research and stay current with advancements in quantitative finance, machine learning, and computational methods.
• Prepare technical documentation and present findings to both quantitative and business audiences.

Requirements

• Master's or Ph.D. in a quantitative discipline such as Financial Engineering, Mathematics, Physics, Statistics, or Computer Science.
• Minimum of 5 years of experience in a quantitative analysis role within the financial services industry.
• Strong programming skills in languages such as C++, Python, or R, and experience with numerical libraries.
• Deep understanding of stochastic calculus, time series analysis, and financial derivatives pricing.
• Proven ability to work with large datasets and complex mathematical concepts.

Benefits

• Highly competitive salary, including substantial performance-based bonuses.
• Comprehensive health, dental, and vision benefits package.
• Significant budget for professional development, conferences, and certifications.
• Fully remote work setup, offering excellent flexibility and autonomy.
• Opportunity to work on cutting-edge financial modeling problems in Polokwane.