Senior Quantitative Analyst - Investment Banking

Placements24; Pietermaritzburg; Hybrid; ZAR 1,000,000 - 2,000,000; Full time

Benefits offered by this job

Fully remote role

Health & retirement benefits

Career development opportunities

Job summary

Placements24 is seeking a Senior Quantitative Analyst to join a fully remote team. You will develop, backtest, and deploy sophisticated quantitative models for pricing, risk management, and portfolio optimization from a home-based setup.

The role requires 5+ years in quantitative analysis within finance, with strong programming in Python and/or R; C++ is a plus. You will analyze market data, present findings, and stay current with industry research while ensuring regulatory compliance.

Qualifications

• Master's or PhD in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• 5+ years of experience in quantitative analysis within banking/finance.
• Strong programming skills in Python and/or R; C++ is a plus.

Responsibilities

• Develop, backtest, and deploy quantitative models for pricing, risk management, and portfolio optimization.
• Statistical analysis of market data to identify trends, opportunities, and risks.
• Collaborate with trading desks and portfolio managers to provide tailored quantitative solutions.
• Implement robust code for models using Python, R, or C++.

Skills

Quantitative analysis

Analytical thinking

Problem solving

Communication

Education

Master's or PhD in quantitative field

PhD in Financial Engineering/Mathematics/Statistics

Tools

Python

R

C++

Job description

About the Role Our client, a prominent financial institution, is seeking a highly skilled and motivated Senior Quantitative Analyst to join their dynamic team. This is a fully remote, first-role offering a unique opportunity to contribute to complex financial modeling and analysis from the comfort of your home. You will be instrumental in developing, implementing, and maintaining sophisticated quantitative models that drive strategic decision-making across various banking and finance operations. This position demands a profound understanding of financial markets, statistical methodologies, and programming expertise. The ideal candidate will possess a strong analytical mindset, exceptional problem-solving abilities, and a passion for innovation within the fintech landscape. You will collaborate with cross-functional teams, providing critical insights and solutions to complex financial challenges. The role is designed for an individual who thrives in an independent work environment and is committed to delivering high-quality results.

Key Responsibilities

• Develop, backtest, and deploy sophisticated quantitative models for pricing, risk management, and portfolio optimization.
• Conduct in-depth statistical analysis of market data to identify trends, opportunities, and potential risks.
• Collaborate with trading desks and portfolio managers to understand their needs and provide tailored quantitative solutions.
• Implement and maintain robust code for quantitative models using Python, R, or C++.
• Design and execute A/B tests and other experiments to validate model performance and assumptions.
• Prepare comprehensive reports and presentations summarizing model findings and recommendations for senior management.
• Stay abreast of the latest academic research and industry best practices in quantitative finance.
• Ensure compliance with regulatory requirements and internal risk policies.
• Mentor junior analysts and contribute to the team's knowledge sharing and development.

Requirements

• Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Minimum of 5 years of experience in quantitative analysis within the banking and finance sector.
• Proven expertise in developing and implementing complex financial models.
• Strong programming skills in Python and/or R; experience with C++ is a plus.
• Proficiency in statistical software and databases.
• Excellent understanding of financial markets, derivatives, and risk management principles.
• Exceptional analytical, problem-solving, and critical thinking skills.
• Strong communication and interpersonal skills, with the ability to explain complex concepts to non-technical audiences.
• Ability to work independently and manage multiple projects simultaneously in a remote setting.

Benefits

As a fully remote employee, you will enjoy a flexible work environment. Our client offers a highly competitive salary package, comprehensive health and wellness benefits, a generous retirement savings plan, and opportunities for continuous professional development and career advancement. You will be part of a forward-thinking organization that values innovation and employee growth. This role provides significant autonomy and the chance to make a tangible impact on the firm's success. Join a collaborative and supportive team dedicated to excellence in quantitative finance.