A person working as a Quantitative Analyst Finance in South Africa will on average earn $13281 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $13,281.00 |
| Weekly salary | $255.40 |
| Daily salary | $36.39 |
| Hourly salary | $4.55 |
This means quantitative analyst finance salary is above average!
Job Industry: finance
Description: A quantitative analyst in finance is a highly skilled professional who applies mathematical and statistical techniques to analyze and solve complex financial problems. They use their expertise to develop and implement models, algorithms, and trading strategies to optimize investment decisions, risk management, and portfolio management. Quantitative analysts work closely with traders, portfolio managers, and other stakeholders to provide insights and recommendations based on rigorous analysis of financial data. They utilize programming languages such as Python, R, and MATLAB to manipulate and analyze large datasets and develop sophisticated financial models. Strong analytical and problem-solving skills are crucial for this role, as well as a thorough understanding of financial markets and instruments. The occupation of a quantitative analyst in finance requires continuous learning and staying updated with the latest developments in quantitative finance, as well as excellent communication skills to effectively communicate complex ideas to non-technical stakeholders.
Tagged with: Quantitative Analyst, Finance, Mathematical Modeling, Risk Management, Portfolio Management, Financial Markets