Senior Quantitative Developer

Placements24; Vereeniging; Hybrid; ZAR 1,976,000 - 2,964,000; Full time

Benefits offered by this job

High base salary and bonuses

Health, dental, and vision insurance

Generous paid time off

Retirement savings plan

Job summary

Placements24 is recruiting a Senior Quantitative Developer for a remote-first hedge fund. You will design, build, and maintain high-performance trading systems and analytics platforms in close collaboration with researchers and traders.

The role requires a PhD or Master's in a quantitative field, at least 6 years of experience, and expert C++/Python skills to optimize performance in a fast-paced financial environment.

Qualifications

• Master's or PhD in Computer Science, Engineering, Mathematics, or related quantitative field.
• Minimum of 6 years of experience in quantitative development.
• Expert proficiency in C++ and/or Python, with a strong emphasis on performance optimization.
• Experience with financial markets, trading systems, and order execution.
• Excellent analytical and problem-solving skills; strong communication in a distributed remote team.

Responsibilities

• Design, develop, and optimize high-frequency trading algorithms and execution systems.
• Implement quantitative models and statistical research into production-ready code.
• Develop and maintain low-latency data processing and analytics infrastructure.
• Collaborate with quants and traders to understand requirements and deliver effective solutions.
• Mentor junior developers and promote best practices in software engineering.
• Contribute to architectural design decisions and technology roadmap development.

Skills

C++

Python

High-performance computing

Data structures & algorithms

Education

Master's or PhD in CS/Engineering/Math

Tools

Linux/Unix

Trading systems

Job description

About the Role

Our client, a cutting-edge quantitative hedge fund, is seeking an experienced Senior Quantitative Developer to join their elite, fully remote team. This role is critical for designing, building, and maintaining the firm's proprietary trading systems and analytical platforms. You will work closely with quantitative researchers and traders to translate complex trading strategies into robust, high-performance code. This is a remote-first position, demanding exceptional programming skills, a deep understanding of financial markets, and the ability to thrive in a challenging, intellectually stimulating environment. Your contributions will directly impact the firm's trading strategies and technological infrastructure. We are looking for an innovative problem-solver who is passionate about technology and its application in finance.

Key Responsibilities

• Design, develop, and optimize high-frequency trading algorithms and execution systems.
• Implement quantitative models and statistical research into production-ready code.
• Develop and maintain low-latency data processing and analytics infrastructure.
• Collaborate with quants and traders to understand requirements and deliver effective solutions.
• Optimize code for performance, scalability, and reliability.
• Troubleshoot and resolve issues in production trading systems.
• Contribute to architectural design decisions and technology roadmap development.
• Mentor junior developers and promote best practices in software engineering.

Requirements

• Master's or PhD in Computer Science, Engineering, Mathematics, or a related quantitative field.
• Minimum of 6 years of experience in quantitative development, preferably within a trading firm or hedge fund.
• Expert proficiency in C++ and/or Python, with a strong emphasis on performance optimization.
• Deep understanding of data structures, algorithms, and object-oriented design.
• Experience with financial markets, trading systems, and order execution.
• Familiarity with Linux/Unix environments and high-performance computing.
• Excellent analytical and problem-solving skills.
• Strong communication skills and the ability to work effectively in a distributed, remote team.

Benefits

• Exceptional compensation package including a high base salary and significant performance bonuses.
• Comprehensive health, dental, and vision insurance.
• Generous paid time off and flexible remote work policies.
• Retirement savings plan with attractive company contributions.
• Opportunities for professional growth, skill development, and challenging projects.
• Access to state-of-the-art technology and a collaborative, research-driven culture.