Senior Quantitative Analyst (Remote)

Placements24; Bloemfontein; Hybrid; ZAR 2,501,000 - 3,835,000; Full time

Benefits offered by this job

Performance-based bonuses

Remote setup support

Home office stipend

Health insurance

Retirement plan

Learning & development

Flexible working hours

High-performance computing resources

Job summary

Placements24 is seeking a Senior Quantitative Analyst for a remote role. You will design and implement advanced quantitative models for trading, risk, and pricing, collaborating with a distributed team of traders, engineers, and data scientists.

The ideal candidate holds a Master’s or PhD in a quantitative field, 5+ years of experience, and expert Python/C++/R skills, plus ML framework experience. This remote position offers flexible hours, strong compensation, and opportunities for professional

Qualifications

• Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Computer Science, or Financial Engineering.
• 5+ years of hands-on experience in quantitative analysis, financial modeling, or data science within the finance industry.
• Expert proficiency in programming languages like Python, C++, or R, with a focus on scientific computing libraries.
• Strong knowledge of financial markets, derivatives, and stochastic calculus.
• Experience with machine learning frameworks (e.g., TensorFlow, PyTorch) and big data technologies is a plus.
• Excellent problem-solving, analytical, and critical thinking skills.
• Proven ability to work effectively and communicate clearly in a remote, collaborative environment.

Responsibilities

• Design, build, and deploy advanced quantitative models for trading, risk management, and pricing.
• Conduct rigorous statistical analysis, back-testing, and validation of model performance.
• Collaborate closely with traders, portfolio managers, and engineers in a virtual setting.
• Develop and implement machine learning algorithms for financial applications.
• Optimize trading strategies and risk control mechanisms using quantitative techniques.
• Research and stay current with the latest advancements in quantitative finance and data science.
• Document models and methodologies thoroughly for peer review and internal use.
• Contribute to the development of the firm's quantitative infrastructure and tooling.

Skills

Python

C++

R

Machine learning

Statistical analysis

Data analysis

Remote collaboration

Education

Master's or PhD in Mathematics/Statistics/CS/Financial Engineering

Tools

TensorFlow

PyTorch

Job description

About the Role

Our client, a leading fintech innovator, is actively seeking a highly skilled Senior Quantitative Analyst to join their distributed team. This role is entirely remote, offering unparalleled flexibility and the opportunity to contribute to cutting-edge financial modeling from anywhere. You will be instrumental in designing, developing, and implementing sophisticated quantitative models that underpin critical business functions such as algorithmic trading, risk assessment, and product pricing. The ideal candidate possesses a deep understanding of advanced statistical methods, machine learning, and programming, coupled with a passion for solving complex financial problems. This remote-first position requires exceptional self-management, strong communication skills, and the ability to collaborate effectively with a geographically dispersed team. You will play a key role in driving innovation and enhancing the analytical capabilities of our client, contributing directly to their competitive edge in the global financial markets. The focus will be on robust model development and validation in a fully virtual environment.

Key Responsibilities

• Design, build, and deploy advanced quantitative models for trading, risk management, and pricing.
• Conduct rigorous statistical analysis, back-testing, and validation of model performance.
• Collaborate closely with traders, portfolio managers, and engineers in a virtual setting.
• Develop and implement machine learning algorithms for financial applications.
• Optimize trading strategies and risk control mechanisms using quantitative techniques.
• Research and stay current with the latest advancements in quantitative finance and data science.
• Document models and methodologies thoroughly for peer review and internal use.
• Contribute to the development of the firm's quantitative infrastructure and tooling.

Requirements

• Master's or Ph.D. in a quantitative discipline such as Mathematics, Statistics, Computer Science, or Financial Engineering.
• 5+ years of hands-on experience in quantitative analysis, financial modeling, or data science within the finance industry.
• Expert proficiency in programming languages like Python, C++, or R, with a focus on scientific computing libraries.
• Strong knowledge of financial markets, derivatives, and stochastic calculus.
• Experience with machine learning frameworks (e.g., TensorFlow, PyTorch) and big data technologies is a plus.
• Excellent problem-solving, analytical, and critical thinking skills.
• Proven ability to work effectively and communicate clearly in a remote, collaborative environment.
• Strong self-motivation and the ability to manage deadlines independently.

Benefits

• Highly competitive salary and performance-based bonuses.
• Comprehensive remote work setup support and home office stipend.
• Generous health, dental, and vision insurance plans.
• Contributory retirement savings plan.
• Opportunities for continuous learning, professional development, and virtual conferences.
• Flexible working hours within a supportive remote culture.
• Company-provided high-performance computing resources.