Senior Quantitative Analyst (Fully Remote)

Placements24; Soweto; Hybrid; ZAR 1,000,000 - 2,200,000; Full time

Benefits offered by this job

Fully remote work

Annual performance-based bonuses

Stock options

Health insurance

Home office stipend

Professional development resources

Job summary

Placements24 is seeking a Senior Quantitative Analyst for our fully remote team in the Banking & Finance sector. You will develop and implement advanced mathematical models for pricing, risk, and trading, collaborating with traders and risk officers.

The ideal candidate holds a Master’s or PhD in a quantitative field, 6+ years of experience, and is proficient in Python, R, C++, or Java, with Pandas/NumPy/SciPy. This remote role offers global collaboration and client engagement.

Qualifications

• Master's or Ph.D. in Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or a related quantitative field.
• Minimum of 6 years of experience in quantitative analysis, financial modeling, or a related role within the financial services industry.
• Expertise in statistical modeling, time series analysis, machine learning, and econometrics.
• Advanced proficiency in programming languages such as Python, R, C++, or Java.
• Strong experience with data manipulation and analysis libraries (e.g., Pandas, NumPy, SciPy).
• .
• Solid understanding of financial markets, instruments, and derivatives.
• Excellent analytical, problem-solving, and critical thinking skills.
• Superb communication skills, with the ability to explain complex quantitative concepts to non-technical audiences.

Responsibilities

• Develop, test, and implement complex quantitative models for pricing, risk management, and algorithmic trading.
• Analyze large datasets to identify patterns, correlations, and insights that can inform business decisions.
• Build and maintain robust data pipelines and analytical tools.
• Collaborate with traders, portfolio managers, and risk officers to understand their needs and develop tailored solutions.
• Optimize existing models and algorithms for performance and efficiency.
• Conduct research into new quantitative methodologies and technologies.
• Document models, methodologies, and findings clearly and comprehensively.
• Ensure the accuracy and reliability of model outputs and their implementation.
• Contribute to the firm's quantitative research and development initiatives.
• Stay updated on the latest advancements in quantitative finance and data science.

Skills

Statistical modeling

Time series analysis

Machine learning

Econometrics

Python

R

C++

Java

Communication

Remote work

Education

Master's degree

PhD

Tools

Pandas

NumPy

SciPy

Job description

About the Role

Our client, a cutting-edge financial technology firm, is seeking a highly skilled Senior Quantitative Analyst to join their expanding, fully remote team. This role is critical in developing and implementing sophisticated mathematical models and statistical techniques to drive trading strategies, risk management, and product development within the Banking & Finance sector. The ideal candidate will possess a strong academic background in a quantitative discipline, advanced programming skills, and extensive experience in financial modeling and data analysis. This is a fully remote position, offering maximum flexibility and the opportunity to contribute to a global team while serving clients in regions including Soweto, Gauteng .

Key Responsibilities

• Develop, test, and implement complex quantitative models for pricing, risk management, and algorithmic trading.
• Analyze large datasets to identify patterns, correlations, and insights that can inform business decisions.
• Build and maintain robust data pipelines and analytical tools.
• Collaborate with traders, portfolio managers, and risk officers to understand their needs and develop tailored solutions.
• Optimize existing models and algorithms for performance and efficiency.
• Conduct research into new quantitative methodologies and technologies.
• Document models, methodologies, and findings clearly and comprehensively.
• Ensure the accuracy and reliability of model outputs and their implementation.
• Contribute to the firm's quantitative research and development initiatives.
• Stay updated on the latest advancements in quantitative finance and data science.

Requirements

• Master's or Ph.D. in Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or a related quantitative field.
• Minimum of 6 years of experience in quantitative analysis, financial modeling, or a related role within the financial services industry.
• Expertise in statistical modeling, time series analysis, machine learning, and econometrics.
• Advanced proficiency in programming languages such as Python, R, C++, or Java.
• Strong experience with data manipulation and analysis libraries (e.g., Pandas, NumPy, SciPy).
• Solid understanding of financial markets, instruments, and derivatives.
• Excellent analytical, problem-solving, and critical thinking skills.
• Superb communication skills, with the ability to explain complex quantitative concepts to non-technical audiences.
• Proven ability to work independently and manage complex projects in a remote environment.
• Familiarity with financial practices relevant to the Soweto, Gauteng area is a plus.

Benefits

• Highly competitive salary package commensurate with expertise.
• Comprehensive health, dental, and vision insurance.
• Generous retirement savings plan with employer contributions.
• Significant opportunities for professional growth, research, and development.
• Fully remote work arrangement offering maximum flexibility and work-life balance.
• Annual performance-based bonuses and potential stock options.
• Access to state-of-the-art quantitative tools and computing resources.
• Collaborative and intellectually stimulating global team environment.
• Company-provided home office setup stipend.
• Employee assistance program for well-being support.