Senior Quantitative Analyst - Remote

Placements24; Johannesburg; Hybrid; ZAR 1,200,000 - 2,400,000; Full time

Benefits offered by this job

Competitive salary

Remote-friendly culture

Health insurance

Retirement benefits

Professional development

Exposure to cutting-edge tech

Bonuses and incentives

Job summary

Placements24 is seeking a Senior Quantitative Analyst to join a globally recognized financial institution. This fully remote, permanent role offers the chance to design and validate pricing, risk, and trading models while collaborating with traders, risk managers, and business development teams across South Africa.

The ideal candidate has a strong background in quantitative finance, excellent problem-solving skills, and experience deploying models in production.

Qualifications

• Master's or PhD in a quantitative field such as Financial Engineering, Mathematics, Statistics, Physics, or Computer Science.
• Minimum of 5 years of relevant experience in a quantitative finance role.
• Proficiency in programming languages like Python, R, C++, or Java.
• Strong knowledge of financial markets, derivatives, and risk management principles.
• Experience with data manipulation and visualization tools.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to explain complex concepts to non-technical audiences.
• Proven ability to work independently and as part of a remote team.
• Demonstrated experience in building and deploying financial models in a production environment.

Responsibilities

• Develop, implement, and maintain complex quantitative models for pricing, risk management, and trading strategies.
• Conduct in-depth statistical analysis of large datasets to identify trends, patterns, and insights.
• Collaborate with front-office teams to understand their needs and translate them into analytical solutions.
• Perform back-testing and validation of models to ensure accuracy and reliability.
• Contribute to the development of new financial products and strategies.
• Prepare detailed reports and presentations for senior management.
• Stay abreast of the latest developments in quantitative finance and technology.
• Ensure compliance with regulatory requirements and internal policies.

Skills

Quantitative analysis

Statistical modeling

Remote work

Communication

Education

Master's/PhD in quantitative field

Tools

Python

R

C++

Java

Data visualization

Job description

About the Role

Our client, a leading financial institution, is seeking a highly skilled and motivated Senior Quantitative Analyst to join their dynamic and innovative team. This is a fully remote, permanent position, offering the flexibility to work from anywhere within South Africa. You will play a crucial role in developing sophisticated financial models, performing complex data analysis, and contributing to strategic decision-making processes. The ideal candidate will possess a strong analytical mindset, exceptional problem-solving abilities, and a deep understanding of financial markets and instruments. You will collaborate closely with cross-functional teams, including traders, risk managers, and business development, to drive business growth and optimize financial performance. This role is perfect for an ambitious individual looking to advance their career in a challenging and rewarding environment, with ample opportunities for professional development and growth within a globally recognized organization.

Key Responsibilities

• Develop, implement, and maintain complex quantitative models for pricing, risk management, and trading strategies.
• Conduct in-depth statistical analysis of large datasets to identify trends, patterns, and insights.
• Collaborate with front-office teams to understand their needs and translate them into analytical solutions.
• Perform back-testing and validation of models to ensure accuracy and reliability.
• Contribute to the development of new financial products and strategies.
• Prepare detailed reports and presentations for senior management.
• Stay abreast of the latest developments in quantitative finance and technology.
• Ensure compliance with regulatory requirements and internal policies.

Requirements

• Master's or PhD in a quantitative field such as Financial Engineering, Mathematics, Statistics, Physics, or Computer Science.
• Minimum of 5 years of relevant experience in a quantitative finance role.
• Proficiency in programming languages like Python, R, C++, or Java.
• Strong knowledge of financial markets, derivatives, and risk management principles.
• Experience with data manipulation and visualization tools.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to explain complex concepts to non-technical audiences.
• Proven ability to work independently and as part of a remote team.
• Demonstrated experience in building and deploying financial models in a production environment.

Benefits

• Competitive salary package commensurate with experience.
• Comprehensive health insurance and retirement benefits.
• Generous paid time off and holidays.
• Opportunities for professional development, training, and certifications.
• Access to cutting-edge technology and analytical tools.
• Flexible working hours and a supportive remote work culture.
• Performance-based bonuses and incentives.
• The chance to work on challenging and impactful projects.