Senior Quantitative Analyst - Remote

Placements24; KwaZulu-Natal; Remote; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary package

Health and wellness benefits

Professional development

Generous annual leave

Access to advanced technology

Collaborative remote work environment

Performance-based bonuses

Retirement savings plan contribution

Job summary

Placements24 is seeking a Senior Quantitative Analyst for a fully remote role across South Africa. You will develop, validate, and implement advanced financial models used for risk management, pricing, and trading strategies.

You will collaborate with traders, risk managers, and technology teams to deliver data-driven insights while ensuring regulatory compliance and robust production deployment of models.

Qualifications

• Master's or PhD in a quantitative field.
• 5+ years in a quantitative role in financial services.
• Proficiency in Python, R, C++, or Java.
• Strong knowledge of derivatives, stochastic calculus, and time series.
• Experience with data analysis and statistical modeling.
• Excellent problem solving and independent work.
• Strong communication to explain concepts to non-technical audiences.
• Ability to manage multiple projects and meet deadlines.
• Experience with cloud platforms (AWS, Azure, GCP) is a plus.

Responsibilities

• Develop and maintain complex quantitative models for pricing derivatives and risk.
• Back-test and validate models for accuracy and reliability.
• Implement models into production using Python, C++, or Java.
• Analyze large datasets to identify trends and optimization opportunities.
• Collaborate with traders, risk managers, and tech teams.
• Prepare reports on model performance for senior management.
• Stay updated on quantitative finance, ML, and regulatory changes.
• Ensure models comply with regulatory standards.

Skills

Python

R

C++

Java

Stochastic calculus

Time series analysis

Data analysis

Problem solving

Communication

Education

Master's or PhD in a quantitative field

Tools

AWS

Azure

GCP

Job description

About the Role

Our client, a leading financial services firm, is seeking a highly analytical and motivated Senior Quantitative Analyst to join their dynamic team. This is a fully remote position, offering the flexibility to work from anywhere within South Africa. The successful candidate will play a crucial role in developing, validating, and implementing sophisticated financial models used for risk management, pricing, and trading strategies. This role demands a deep understanding of financial markets, advanced mathematical techniques, and strong programming skills. You will collaborate with cross‑functional teams, including traders, risk managers, and technology professionals, to deliver data‑driven insights and solutions that enhance business performance and mitigate risk in a global financial landscape. We are committed to fostering a remote‑first culture, providing the necessary tools and support for our team members to thrive independently and collaboratively, ensuring seamless integration into our company's objectives and success.

Key Responsibilities

• Develop and maintain complex quantitative models for pricing derivatives, assessing credit risk, and forecasting market movements.
• Conduct rigorous back‑testing and validation of models to ensure accuracy and reliability.
• Implement models into production environments using programming languages such as Python or C++.
• Analyze large datasets to identify trends, anomalies, and opportunities for optimization.
• Collaborate with front‑office and risk management teams to understand their needs and translate them into quantitative solutions.
• Prepare detailed reports and presentations on model performance and findings for senior management.
• Stay abreast of the latest developments in quantitative finance, machine learning, and regulatory requirements.
• Contribute to the continuous improvement of the firm's quantitative frameworks and methodologies.
• Ensure all developed models comply with regulatory standards and internal policies.

Requirements

• Master's or PhD in a quantitative field such as Mathematics, Statistics, Physics, Engineering, or Finance.
• Minimum of 5 years of experience in a quantitative role within the financial services industry.
• Proficiency in programming languages such as Python, R, C++, or Java.
• Strong understanding of financial derivatives, stochastic calculus, and time series analysis.
• Experience with data analysis and statistical modeling techniques.
• Excellent problem‑solving skills and the ability to work independently.
• Strong communication and interpersonal skills, with the ability to explain complex concepts to non‑technical audiences.
• Proven ability to manage multiple projects and meet tight deadlines.
• Experience with cloud computing platforms (AWS, Azure, GCP) is a plus.

Benefits

• Competitive salary package.
• Comprehensive health and wellness benefits.
• Opportunities for professional development and continuous learning.
• Generous annual leave allowance.
• Access to cutting‑edge technology and resources.
• A collaborative and supportive remote work environment.
• Performance‑based bonuses.
• Retirement savings plan contribution.