Senior Quantitative Analyst (Quant) - Remote

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

Benefits offered by this job

Tech stipend

Private health insurance

Retirement planning

Research opportunities

Global remote team

Job summary

Placements24 is seeking a Senior Quantitative Analyst to design and implement advanced quantitative models for pricing, risk management, and algorithmic trading. The role is fully remote within South Africa, offering a tech stipend and strong research opportunities.

The ideal candidate holds a PhD or Master’s in a quantitative field with at least 6 years of experience in finance, and is proficient in Python, R, and/or C++.

Qualifications

• PhD or Master's in mathematics, statistics, physics, computer science or financial engineering.
• Minimum 6 years of experience as a Quantitative Analyst in finance with modeling/algorithm development.
• Expertise in statistical modeling, time series, machine learning, and stochastic calculus.
• Proficiency in Python, C++, or R.
• Experience with large datasets and high-performance computing environments.

Responsibilities

• Design, develop, and implement quantitative models for pricing derivatives, risk management, and algorithmic trading.
• Perform statistical analysis and back-testing of trading algorithms and investment strategies.
• Collaborate with portfolio managers and traders to translate ideas into quantitative frameworks.
• Write clean, efficient, and well-documented code in Python, R, or C++.
• Contribute to research and development and stay at the forefront of quant finance.

Skills

Quantitative modeling

Time series analysis

Machine learning

Stochastic calculus

Python

R

C++

Big data

High-performance computing

Education

PhD or Master's in quantitative field

Tools

Python

R

C++

Job description

About the Role

Our client, a cutting-edge fintech firm operating entirely remotely, is looking for an exceptional Senior Quantitative Analyst (Quant). This role is perfect for an individual passionate about leveraging advanced mathematical and statistical techniques to develop sophisticated financial models for trading, risk management, and portfolio optimization. You will work independently from anywhere within South Africa, collaborating with a global, remote team of experts. This position offers unparalleled intellectual challenge and the opportunity to significantly impact the firm's quantitative strategies.

Key Responsibilities

• Design, develop, and implement complex quantitative models for pricing derivatives, risk management, and algorithmic trading strategies.
• Perform statistical analysis and back-testing of trading algorithms and investment strategies.
• Collaborate with portfolio managers and traders to translate investment ideas into quantitative frameworks.
• Write clean, efficient, and well-documented code in languages such as Python, R, or C++.
• Contribute to the firm's research and development efforts, staying at the forefront of quantitative finance.

Requirements

• Ph.D. or Master's degree in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
• Minimum of 6 years of experience as a Quantitative Analyst in the financial industry, with a focus on modeling and algorithm development.
• Expertise in statistical modeling, time series analysis, machine learning, and stochastic calculus.
• Proficiency in programming languages commonly used in quantitative finance (Python, C++, R).
• Experience with large datasets and high-performance computing environments.

Benefits

• Highly competitive salary and generous performance-based bonuses.
• Remote work setup with a technology stipend.
• Comprehensive private health insurance and retirement planning support.
• Significant opportunities for research and publication.
• A flexible, results-oriented work culture with a global team.