Job Description

To lead the design and implementation of algorithms for automated trading and leverages quantitative models to execute trades automatically based on predefined criteria. Use subject matter experience in computer programmes and mathematical models to execute trade with optimal efficiency, structured risk models and speed. Apply sophisticated and validated quantitative modelling techniques to predict market behaviour and write complex and nimble code used to grow the business and increase the efficiency of the global financial markets.

• Execute high frequency algorithmic strategies to capitalise on trading opportunities.
• Design and deploy trading strategies.
• Explore trading ideas by analyse financial data and market microstructure for patterns.
• Handle algorithm generation from start to finish including logic creation, risk mitigation rules, historical analysis, trade execution and establish automation with IT resources.
• Develop and implement quantitative trading models, algorithms, and strategies.
• Provide service to institutional customers to expand marketability and liquidity of their offerings. Improve the view of the desk into customer positions and activity.
• Evaluate and monitor pricing models performance to ensure it generates stable and precise predictions.
• Establish e-trading programmes infrastructure to provide a robust solution for scaling and allowing more sophisticated algorithms.
• Conduct in-depth research and analysis of financial markets, instruments, and data.
• Backtest and optimise trading strategies using historical data and advanced statistical techniques.
• Collaborate with the development team to build and maintain trading systems.
• Monitor market conditions and adjust trading strategies accordingly.
• Perform risk analysis and implement risk management procedures.
• Contribute to the development of new trading ideas and research initiatives.

Job Details

Application Closing Date

18/09/24

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.