Senior Quantitative Analyst - Algorithmic Trading

Placements24; Stellenbosch; Hybrid; ZAR 2,493,000 - 3,823,000; Full time

Benefits offered by this job

Competitive salary

Performance bonuses

Health insurance

Retirement plans

Professional development budget

Remote work

Job summary

Placements24 is helping a prestigious quantitative investment firm hire a Senior Quantitative Analyst for a fully remote, remote‑first role. You will design and implement algorithmic trading strategies, build mathematical models, and backtest using Python, C++, and R.

The firm offers a competitive salary with significant bonuses, comprehensive health insurance and retirement plans, plus a generous professional development budget.

Qualifications

• Advanced degree in a quantitative field (MSc/PhD).
• 5+ years in quantitative analysis or algorithmic trading.
• Proficiency in time series modeling and ML.
• Experience with large datasets and backtesting.
• Strong programming skills in Python, C++, and one of R/Java.

Responsibilities

• Research, design, and implement quantitative trading strategies.
• Develop and optimize mathematical and statistical models for predictive analytics.
• Build, test, and deploy trading algorithms.
• Conduct rigorous backtesting and performance analysis.
• Collaborate with portfolio managers to refine strategy parameters and execution logic.
• Stay updated on research in quantitative finance and ML.
• Ensure robustness and efficiency of trading systems.
• Contribute to ongoing R&D processes.

Skills

Statistical modeling

Time series analysis

Machine learning techniques

Python

C++

R

Java

Remote work independence

Communication skills

Education

Master's or PhD in a quantitative field

Tools

Python

C++

R

Java

Job description

About the Role

Our client, a prestigious quantitative investment firm, is seeking a highly skilled Senior Quantitative Analyst to join their cutting-edge, fully remote team. This role is pivotal in designing, developing, and implementing sophisticated algorithmic trading strategies. You will be at the forefront of financial innovation, utilizing advanced mathematical models, statistical analysis, and programming skills to drive trading performance. As a remote-first organization, we provide the flexibility and resources for you to excel from anywhere. This position offers a unique opportunity to work on challenging problems in a collaborative environment with world-class talent within the Banking & Finance industry. Based remotely, you will contribute to the firm's success by creating and refining high-frequency trading algorithms, making a substantial impact on their investment strategies from your chosen location. This role is for individuals who thrive on complex challenges and possess a deep passion for quantitative finance.

Key Responsibilities

• Research, design, and implement quantitative trading strategies across various asset classes.
• Develop and optimize sophisticated mathematical and statistical models for predictive analytics.
• Utilize programming languages (e.g., Python, C++) to build, test, and deploy trading algorithms.
• Conduct rigorous backtesting and performance analysis of trading strategies.
• Collaborate with portfolio managers and traders to refine strategy parameters and execution logic.
• Analyze market data to identify trading opportunities and risks.
• Stay abreast of the latest academic research and technological advancements in quantitative finance and machine learning.
• Ensure the robustness and efficiency of trading systems.
• Contribute to the continuous improvement of the quantitative research and development process.

Requirements

• Advanced degree (Master's or Ph.D.) in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Significant experience (5+ years) as a Quantitative Analyst, ideally in algorithmic trading or a related field.
• Expertise in statistical modeling, time series analysis, and machine learning techniques.
• Proficiency in programming languages like Python, C++, R, or Java.
• Strong understanding of financial markets, derivatives, and trading strategies.
• Experience with large datasets and data manipulation techniques.
• Excellent problem-solving skills and the ability to work with complex systems.
• Strong communication skills to articulate complex concepts to diverse audiences.
• Proven ability to work independently and manage projects effectively in a remote setting.

Benefits

• This fully remote position offers a highly competitive salary, significant performance bonuses, and long-term incentives.
• Our client provides comprehensive health insurance, retirement plans, and generous professional development budgets.
• You will enjoy unparalleled flexibility and the opportunity to work with a global team of experts.