Senior Quantitative Analyst - Investment Banking

Placements24; Randfontein; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Fully remote work environment

Flexible hours

Premium health insurance

Access to cutting-edge R&D

Job summary

Placements24 seeks a Senior Quantitative Analyst for a fully remote position within South Africa. You will develop models for pricing derivatives, manage risk, and support algorithmic trading in a fast-paced market. Strong programming skills and deep derivatives knowledge are essential.

The role demands an advanced degree, 6+ years experience in quantitative finance, and collaboration with traders and risk officers to deliver scalable solutions.

Qualifications

• Advanced degree (Master's or PhD) in a quantitative discipline such as Physics, Mathematics, Statistics, or Financial Engineering.
• Minimum of 6 years of experience in a quantitative role within investment banking or hedge funds.
• Expert proficiency in C++ , Python, or similar high-performance programming languages.
• Deep knowledge of financial derivatives, stochastic calculus, and numerical methods.
• Experience with large-scale data analysis and financial databases (e.g., Bloomberg, Reuters).
• Strong analytical and problem-solving abilities, with meticulous attention to detail.

Responsibilities

• Develop, test, and implement quantitative models for pricing exotic options, structured products, and other financial instruments.
• Design and refine algorithms for high-frequency trading and portfolio optimization.
• Conduct rigorous back-testing and validation of trading strategies and risk models.
• Collaborate with IT and trading desks to deploy models into production environments.
• Perform ad-hoc quantitative analysis to support trading decisions and risk assessments.
• Stay abreast of market developments and emerging quantitative methodologies.

Skills

C++

Python

Quantitative analysis

Stochastic calculus

Education

Master's or PhD in quantitative discipline

Tools

Bloomberg

Reuters

Job description

About the Role

Our client is seeking a highly skilled Senior Quantitative Analyst to join their prestigious investment banking division. This is a fully remote opportunity, allowing you to contribute your expertise from anywhere in the country. You will be instrumental in developing and implementing complex mathematical models used for pricing financial derivatives, risk management, and algorithmic trading strategies. This role requires a deep understanding of financial markets, advanced quantitative techniques, and exceptional programming skills. You will work closely with traders, portfolio managers, and risk officers to deliver innovative solutions that drive profitability and manage risk effectively within a demanding, fast-paced global market environment.

Key Responsibilities

• Develop, test, and implement quantitative models for pricing exotic options, structured products, and other financial instruments.
• Design and refine algorithms for high-frequency trading and portfolio optimization.
• Conduct rigorous back-testing and validation of trading strategies and risk models.
• Collaborate with IT and trading desks to deploy models into production environments.
• Perform ad-hoc quantitative analysis to support trading decisions and risk assessments.
• Stay abreast of market developments and emerging quantitative methodologies.

Requirements

• Advanced degree (Master's or PhD) in a quantitative discipline such as Physics, Mathematics, Statistics, or Financial Engineering.
• Minimum of 6 years of experience in a quantitative role within investment banking or hedge funds.
• Expert proficiency in C++ , Python, or similar high-performance programming languages.
• Deep knowledge of financial derivatives, stochastic calculus, and numerical methods.
• Experience with large-scale data analysis and financial databases (e.g., Bloomberg, Reuters).
• Strong analytical and problem-solving abilities, with meticulous attention to detail.

Benefits

• Highly competitive salary and significant bonus potential.
• Fully remote work environment with flexible hours.
• Premium health, dental, and vision insurance coverage.
• Access to cutting-edge research and development resources.
• Opportunities for rapid career progression in a performance-driven culture.