Senior Quantitative Analyst (Quant)

Placements24; Pretoria; Hybrid; ZAR 1,500,000 - 2,500,000; Full time

Benefits offered by this job

Performance bonuses

Remote work

Research tools

Professional development

Collaborative environment

Job summary

Placements24 is seeking a highly skilled Senior Quantitative Analyst to join a remote trading desk. You will develop and implement sophisticated models for trading, risk, and portfolio optimization, working with large datasets and cutting-edge technology in a fully virtual environment.

You will collaborate with traders and developers to generate alpha, translate complex ideas into real-time solutions, and apply finance, statistics, and programming expertise.

Qualifications

• PhD or MSc in quantitative field (Financial Math, Physics, CS, or Statistics).
• 5+ years in quantitative finance or related research.
• Proficiency in Python, C++, or R and data management.
• Strong knowledge of derivatives and trading strategies.

Responsibilities

• Design, develop, test, and deploy trading models.
• Perform statistical analysis and econometric modeling.
• Collaborate with traders to build analytical tools.
• Monitor performance and adjust strategies.

Skills

Statistical modeling

Time series analysis

Machine learning

Remote autonomy

Education

PhD or MSc in quantitative field

Tools

Python

C++

R

Database management

Job description

About the Role

Our client is looking for a highly skilled Senior Quantitative Analyst (Quant) to join their innovative trading desk, operating entirely remotely. This role is essential for developing and implementing sophisticated mathematical models and algorithms for trading strategies, risk management, and portfolio optimization. You will work with vast datasets, cutting-edge technology, and collaborate with traders and developers to drive alpha generation and enhance trading performance. The position demands a deep theoretical understanding of finance, statistics, and programming, coupled with the ability to translate complex ideas into practical, real-time solutions in a fully virtual environment.

Key Responsibilities

• Design, develop, test, and deploy quantitative trading strategies and models.
• Perform statistical analysis and econometric modeling on financial market data.
• Collaborate with traders to understand their needs and develop bespoke analytical tools.
• Implement algorithms and pricing models using programming languages such as "Python, C++, or R".
• Monitor and evaluate the performance of trading strategies, making necessary adjustments.
• Contribute to the firm's research efforts and explore new quantitative methodologies.

Requirements

• PhD or Master's degree in a highly quantitative field such as Financial Mathematics, Physics, Computer Science, or Statistics.
• 5+ years of experience in quantitative finance or a related quantitative research role.
• Expertise in statistical modeling, time series analysis, and machine learning techniques.
• Proficiency in programming languages (Python, C++, R) and database management.
• Strong understanding of financial markets, derivatives, and trading strategies.
• Excellent problem-solving skills and the ability to work autonomously in a remote setup.

Benefits

• Exceptional compensation package including a competitive base salary and significant performance bonuses.
• Full remote work flexibility, allowing you to work from anywhere.
• Access to state-of-the-art technology and research tools.
• Generous allocation for professional development and conferences.
• Collaborative virtual environment with highly talented peers.