Senior Quantitative Analyst (Quant)

Placements24; Randburg; Hybrid; ZAR 1,200,000 - 2,100,000; Full time

Benefits offered by this job

Competitive salary

Health benefits

Professional development

Remote-first culture

Flexible remote work

Impactful modeling

Job summary

Placements24 is assisting a leading global financial services firm in Randburg to hire a Senior Quantitative Analyst. This remote-first role focuses on developing pricing, trading, and risk models and requires deep mathematical and computational expertise across Python, C++, and R.

You will backtest strategies, analyze large datasets, and collaborate with traders and technologists to deploy robust models while staying current with advances in ML and computational finance.

Qualifications

• Advanced degree in a quantitative field such as Mathematics, Physics, Statistics, CS, Financial Engineering, or related discipline.
• Minimum of 5–7 years as a Quant in financial services, with focus on derivatives pricing or risk management.
• Proficiency in Python, C++, R or similar.
• Strong background in statistical modeling, time series analysis, and stochastic calculus.
• Deep understanding of financial markets, instruments, and trading strategies.
• Excellent analytical and problem-solving skills; able to work independently in a remote setting.

Responsibilities

• Design, develop, and implement sophisticated mathematical and statistical models for pricing, trading, and risk management.
• Develop algorithms and computational tools to support trading strategies and derivative pricing.
• Analyze large datasets to identify market patterns, correlations, and opportunities.
• Collaborate with traders, PMs, and technologists to implement and validate models.
• Backtest and performance analyze trading strategies and risk models.
• Keep abreast of advancements in quantitative finance, ML, and computational techniques.
• Contribute to intellectual capital through research papers and knowledge sharing.
• Ensure robustness, accuracy, and efficiency of quantitative models and systems.
• Communicate complex concepts to technical and non-technical audiences.

Skills

Python

C++

R

Mathematical modeling

Time series

Stochastic calculus

Machine learning

Remote work

Education

Master's degree in quantitative field

PhD in related field

Job description

About the Role

Our client, a leading global financial services firm with a significant presence in Randburg, Gauteng , is seeking a highly skilled Senior Quantitative Analyst (Quant) to join their innovative team. This fully remote position requires an individual with exceptional analytical and mathematical capabilities to develop and implement complex financial models, pricing tools, and risk management systems. The role involves working on cutting-edge projects that drive the firm’s trading strategies and product development. We are looking for a candidate who thrives in a challenging, intellectually stimulating, and remote-first environment. This is a fantastic opportunity to leverage your quantitative expertise on a global scale while enjoying the flexibility of a remote role. The ideal candidate will possess a strong background in financial engineering and computational finance.

Key Responsibilities

• Design, develop, and implement sophisticated mathematical and statistical models for pricing, trading, and risk management.
• Develop algorithms and computational tools to support trading strategies and derivative pricing.
• Analyze large datasets to identify market patterns, correlations, and investment opportunities.
• Collaborate closely with traders, portfolio managers, and technologists to implement and validate quantitative models.
• Conduct backtesting and performance analysis of trading strategies and risk models.
• Research and stay abreast of advancements in quantitative finance, machine learning, and computational techniques.
• Contribute to the firm's intellectual capital through research papers and internal knowledge sharing.
• Ensure the robustness, accuracy, and efficiency of quantitative models and systems.
• Communicate complex quantitative concepts to both technical and non-technical audiences.

Requirements

• Advanced degree (Master's or PhD) in a quantitative field such as Mathematics, Physics, Statistics, Computer Science, Financial Engineering, or a related discipline.
• Minimum of 5-7 years of experience as a Quantitative Analyst in the financial services industry, with a strong focus on derivatives pricing or risk management.
• Expertise in programming languages such as Python, C++, R, or similar.
• Proven experience with statistical modeling, time series analysis, and stochastic calculus.
• Deep understanding of financial markets, instruments, and trading strategies.
• Excellent problem-solving, analytical, and logical reasoning skills.
• Ability to work independently and manage projects effectively in a remote setting.
• Strong communication skills, with the ability to clearly explain complex quantitative concepts.
• Experience with machine learning techniques is a plus.
• Must be comfortable working in a fully remote, distributed team environment.

Benefits

• This position offers a highly competitive salary and bonus potential, reflecting the critical nature of the role and the candidate's expertise.
• Comprehensive health and wellness benefits are provided.
• Opportunities for professional development, including access to online courses, conferences, and advanced training, are encouraged.
• The firm fosters a culture of innovation and intellectual curiosity, supporting cutting-edge research.
• Enjoy the unparalleled flexibility and autonomy of a fully remote role.
• Contribute to impactful financial modeling and strategy from anywhere.