Quantitative Investment Specialist

4 days ago


Cape Town, Western Cape, South Africa Absa Group Full time

**Company Overview**

Absa Group, a leading financial institution in Africa, is seeking a highly skilled Quantitative Investment Specialist to join its investment team.

This role will be responsible for conducting local and global research on market and economic conditions, gathering data, performing statistical analysis, and building market and economic forecasts using time-series modelling techniques.

The successful candidate will have a strong background in actuarial science, statistics, mathematics, finance, or investments, with proficiency in MS Office (Excel, PowerPoint, PowerBI) and coding skills in Python/R/MATLAB or other quantitative/statistical software.

Job Description

  1. Strategic Asset Allocation: Conduct research on market and economic conditions, gather data, perform statistical analysis, and build market and economic forecasts using time-series modelling techniques.
  2. Portfolio Management: Manage quantitative investment portfolios, rebalance specialized portfolios such as living annuities and life-stage portfolios, and trade and rebalance offshore and local portfolios.
  3. Equity Research: Conduct fundamental research on companies, assessing their strategy, operations, financials, and valuations to make high-conviction investment recommendations.

Required Skills and Qualifications

  • Actuarial Science qualification preferred
  • Statistics, Mathematics, Finance, Investments related qualifications
  • Any other quantitative qualification
  • CFA is an added advantage
  • Proficiency in MS Office (Excel, PowerPoint, PowerBI)
  • Coding skills in Python/R/MATLAB or other quantitative/statistical software

Benefits

  • Opportunity to work with a leading financial institution in Africa
  • Chance to contribute to the growth and development of the investment team
  • Competitive salary and benefits package


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