Data Scientist Specialist

7 days ago


Johannesburg, Gauteng, South Africa Penny The Recruiter Full time
Job Description
Penny The Recruiter is seeking a skilled Data Scientist to join our team. As a Market Making Model Developer, you will play a crucial role in the development and optimization of market-making models, focusing on equities and equity derivatives.

Responsibilities:
  • Assist in the development and optimization of market-making models.
  • Conduct back testing and research to improve current models and develop new ones.
  • Analyse high-frequency trading data to identify patterns and trends.
  • Implement machine learning techniques, particularly LSTMs and convolutional networks, to predict short-term price movements.
  • Collaborate with teams to integrate new indicators and models into production environments.
  • Work with AWS infrastructure, including S3 buckets and Sage Maker, for data processing and model training.
  • Generate and analyse data samples, including time-based and volume-based sampling.
  • Ensure the robustness of models by balancing in-sample and out-sample results.

Requirements:
  • Completed BSc/IT degree or other related fields.
  • 5-7 years of experience in data analytics, machine learning, quantitative analysis.
  • Proven experience working in complex financial systems and applications (e.g., trading platforms, payment systems, risk management systems).
  • Strong understanding of financial products, capital markets, derivatives, and treasury operations.
  • Strong understanding of Equities and trading.
  • Hands-on experience with coding in Python, and the use of visualisation tools.
  • Must have experience with Machine Learning.
  • Must have knowledge of Market Microstructure.

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