Senior Quantitative Analyst - Investment Banking

Placements24; Johannesburg; Hybrid; ZAR 900,000 - 1,800,000; Full time

Benefits offered by this job

Competitive remuneration

Performance-based bonuses

Medical aid

Retirement fund contributions

Professional development

Hybrid work model

Job summary

Placements24 in Johannesburg represents a leading financial institution seeking a Senior Quantitative Analyst. This hybrid role blends in-office collaboration with remote flexibility to support advanced modeling and risk management.

You will develop and validate complex models for pricing and hedging, analyze large datasets, and work with traders, risk officers, and portfolio managers to drive informed investment decisions and regulatory compliance.

Qualifications

• Master's or PhD in a quantitative field such as Finance, Mathematics, Physics, Statistics, or Computer Science.
• Minimum of 5 years of experience in a quantitative finance role.
• Strong programming skills in Python, C++, or R with SQL experience.

Responsibilities

• Develop, validate, and implement quantitative models for pricing, hedging, and risk management of derivatives.
• Perform rigorous statistical analysis on large datasets to identify market trends and risks.
• Collaborate with traders, portfolio managers, and risk officers to provide quantitative insights.
• Contribute to risk measurement systems and reporting tools.
• Stay updated on quantitative finance developments, market microstructure, and regulations.
• Automate and optimize model implementation and data analysis processes.

Skills

Analytical thinking

Statistical analysis

Communication skills

Independent work

Team collaboration

Education

Master's or PhD in Finance/Math/Physics/Statistics/CS

Tools

Python

C++

R

SQL

Job description

About the Role

Our client, a leading financial institution, is seeking a highly analytical and detail-oriented Senior Quantitative Analyst to join their dynamic team in Johannesburg, Gauteng. This is a pivotal role requiring a deep understanding of financial markets, complex modeling techniques, and robust data analysis. The successful candidate will play a crucial part in developing and implementing sophisticated financial models that drive strategic decision-making and risk management. This hybrid role offers the perfect balance between in-office collaboration and remote flexibility, allowing you to contribute effectively while maintaining a healthy work-life balance. You will be instrumental in shaping the future of our client's investment strategies and ensuring compliance with evolving regulatory landscapes.

Key Responsibilities

• Develop, validate, and implement complex quantitative models for pricing, hedging, and risk management of financial derivatives.
• Perform rigorous statistical analysis on large datasets to identify market trends, opportunities, and potential risks.
• Collaborate with traders, portfolio managers, and risk officers to provide quantitative insights and solutions.
• Contribute to the design and enhancement of risk measurement systems and reporting tools.
• Stay abreast of the latest developments in quantitative finance, market microstructure, and regulatory requirements.
• Automate and optimize model implementation and data analysis processes using programming languages.
• Prepare clear and concise documentation for models and methodologies.

Requirements

• Master's or Ph.D. in a quantitative field such as Finance, Mathematics, Physics, Statistics, or Computer Science.
• Minimum of 5 years of experience in a quantitative finance role within investment banking or a related financial services firm.
• Strong proficiency in programming languages commonly used in quantitative finance, such as Python, C++, or R.
• Proven experience with financial modeling, derivative pricing, and risk management techniques.
• Excellent understanding of financial markets and instruments.
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and as part of a team in a fast-paced environment.
• Experience with large-scale data manipulation and database technologies (SQL).

Benefits

Our client offers a competitive remuneration package, including an attractive base salary and performance-based bonuses. Employees benefit from comprehensive medical aid and retirement fund contributions. Opportunities for professional development and continuous learning are strongly supported, including access to industry conferences and advanced training programs. This role is based in the vibrant economic hub of Johannesburg, Gauteng, providing excellent connectivity and access to a thriving professional network. Employees also enjoy a generous leave policy and access to wellness programs designed to promote employee well-being. The hybrid work model enhances flexibility and work-life integration.