Senior Quantitative Analyst (Quant)

Placements24; Durban; Sur place; ZAR 1 200 000 - 1 800 000; Plein temps

Avantages offerts par ce poste

Competitive salary

Health insurance

Retirement fund

Relocation assistance

Training and development

Résumé du poste

Placements24 in Durban seeks a Senior Quantitative Analyst to build pricing, risk and trading models across asset classes. You will design and back-test models, implement production code, and collaborate with traders and risk teams.

Ideal candidates have a Master's or PhD in a quantitative field, 5+ years in finance, and strong programming in Python/C++/R/Java, with HPC experience a plus; relocation support may be available.

Qualifications

• Master's degree or PhD in Mathematics, Physics, Statistics, Computer Science or Financial Engineering.
• 5+ years in a quantitative analyst role within financial services.
• Proven track record in pricing and risk models for complex products.
• Strong programming in Python, C++, R, Java.

Responsabilités

• Design, develop, and implement quantitative models for pricing, hedging, and risk management.
• Back-test and validate models for robustness.
• Collaborate with traders and risk managers to tailor quantitative solutions.
• Develop production-ready code in Python, C++, or R.
• Analyze large datasets to identify patterns and opportunities.
• Contribute to quantitative infrastructure and libraries.
• Stay current with academic research in quantitative finance.
• Provide quantitative support for regulatory reporting.
• Communicate complex results to technical and non-technical audiences in Durban.

Connaissances

Quantitative analysis

Analytical thinking

Independent working

Team collaboration

Formation

Master's or PhD in quantitative field

Outils

Python

C++

R

Java

Description du poste

About the Role

Our client, a globally recognized investment bank with a significant presence in Durban, KwaZulu-Natal , is seeking a highly accomplished Senior Quantitative Analyst (Quant) to join their cutting-edge quantitative strategies team. This role is crucial for developing and implementing sophisticated mathematical models for pricing, risk management, and trading strategies across various asset classes. The ideal candidate will possess exceptional analytical prowess, advanced programming skills, and a deep understanding of financial markets. You will work alongside leading industry professionals, contributing to the firm's competitive edge through rigorous quantitative research and innovation. This position offers the unique opportunity to tackle complex financial challenges in a vibrant city like Durban , influencing trading desks and risk management frameworks. The role demands a creative thinker who can translate complex mathematical concepts into practical financial applications.

Key Responsibilities

• Design, develop, and implement quantitative models for financial instruments, including derivatives pricing, hedging, and risk management.
• Conduct research into new quantitative methodologies and trading strategies.
• Collaborate with traders, portfolio managers, and risk managers to understand their needs and provide quantitative solutions.
• Develop and maintain high-quality, production-ready code in languages such as Python, C++, or R.
• Perform rigorous back-testing and validation of models to ensure accuracy and robustness.
• Analyze large datasets to identify patterns, correlations, and trading opportunities.
• Contribute to the development of the firm's quantitative infrastructure and libraries.
• Stay current with academic research and industry trends in quantitative finance.
• Provide quantitative support for regulatory requirements and reporting.
• Effectively communicate complex quantitative concepts and model results to both technical and non-technical audiences in Durban .

Requirements

• A Master's degree or PhD in a quantitative field such as Mathematics, Physics, Statistics, Computer Science, or Financial Engineering.
• A minimum of 5 years of experience in a quantitative analyst role within the financial services industry.
• Proven track record in developing and implementing pricing and risk models for complex financial products.
• Expert proficiency in programming languages commonly used in quantitative finance (e.g., Python, C++, R, Java).
• Strong understanding of stochastic calculus, numerical methods, and statistical modeling.
• Familiarity with various asset classes (equities, fixed income, FX, commodities) and their derivatives.
• Excellent problem-solving skills and the ability to approach complex challenges logically.
• Strong communication and presentation skills, able to convey technical details effectively.
• Ability to work independently and as part of a collaborative team in KwaZulu-Natal .
• Experience with large-scale data analysis and high-performance computing is a plus.

Benefits

• Highly competitive salary and performance-based bonus.
• Comprehensive health and wellness benefits package.
• Retirement fund with generous employer contributions.
• Opportunities for advanced training and professional development in quantitative finance.
• Relocation assistance may be available for exceptional candidates moving to Durban .
• Access to state-of-the-art technology and research facilities.
• A stimulating work environment with intellectually challenging projects.
• Collaborative team culture with exposure to global markets.
• Generous paid annual leave.
• Potential for career progression into senior research or management roles.