Job vacancy Quantitative Analyst

Announced

22 February, 2024

Job Type

Employee

Job Status

Full Time

Job Title

Quantitative Analyst

Job Location

Lusaka

Job Presentation

Our Client is inviting applications from suitably qualified and experience candidates to fill the vacant position of Quantitative Analyst. Responsible for designing, developing, and implementing mathematical or statistical models to solve investment problems and advise the Department on how specific data sets will affect investment outcomes.

Experience	3 Years
Education Level	Masters Degree
Qualifications	Bachelor’s Degree – Actuarial Science, Data Science, Statistics, Economics and Finance. MSc in a quantitative subject (e.g., Engineering, Physics, Mathematics, Statistics or Business-related postgraduate degree)
Software	Strong background in computer programming, with good programming ability, particularly in R, SQL, Python
Knowledge Of	Quantitative portfolio management or research experience. Passion for financial markets and interest in quantitative/ systematic investment strategies
Skills To	Excellent quantitative and numerical skills. Hands-on with keen attention to detail
Ability To	Open to challenge and debate and able to work well in a small cohesive team, but also take initiative and work autonomously when required. Resourceful, flexible and able to adapt and respond in a rapidly changing environment.
Other Requirements	Professional Qualifications such as CFA, FRM, CAIA are added advantage.

Requirements

Modelling:
Design statistical tools and software. Creating and putting into action intricate quantitative models
Develop statistical models to value stocks, bonds, and other investments and to analyse the performance of different investments and to identify areas for improvement.
Implement models to make modelling decisions - research, examine market trends and data, and conclude based on this information
Carrying out periodic statistical analysis, such as analytics, and other similar tasks
Consider the model's parameters and use various techniques to gather data.
Testing of models and analytical software
Testing of models and analytical software Identify profitable investing models and develop valuation strategies.
Portfolio Management:
Help asset managers to identify and manage investment risks
Assist portfolio managers to optimize their portfolios by identifying the best combination of investments that will maximize returns.
Identify opportunities for profitable investments in stocks, bonds, and other investments.
Identify areas for improving performance of different investments
Develop trading strategies
Programming:
Contribute to the development of proprietary portfolio and risk management software and platforms
Perform Coding- including predictive modelling or machine learning
Testing of models, and analytical software
Reporting:
Prepare regular reports containing results of quantitative model results
Perform Coding- including predictive modelling or machine learning
Testing of models, and analytical software
Collaboration:
Consult with experts to examine market dynamics, trading system efficiency, and other relevant topics.
Collaborate with IT team to ensure tools, systems and data sets are consistent with best practices
Collaboration with financial analysts in the research department in formulating investment research.
Collaboration with financial analysts in the research department in formulating investment research