Market Risk Manager

SUMMARY:
Seeking a Manager – Market Risk (Insurance, FMIs & Cross-Sectoral).

POSITION INFO:
Are you a strategic market risk professional ready to lead a high-performing team and shape the regulatory landscape of South Africa’s financial system?

A prestigious financial regulatory authority is seeking a Manager – Market Risk to lead a team of specialists focused on insurance, financial market infrastructures (FMIs), and cross-sectoral financial institutions. This is a rare opportunity to play a leadership role at the intersection of policy, supervision, and innovation—and help future-proof South Africa’s financial stability.

What You’ll Be Driving:

• Leadership and operational oversight of market and counter-party credit risk supervision across key financial sectors
• Development and refinement of regulatory frameworks, supervisory tools, and fit-for-purpose risk models
• Deep technical collaboration with supervisory teams, policy units, and external stakeholders
• Strategic involvement in cross-sectoral market initiatives, including margin requirements, financial derivatives, and investment risk analysis
• Mentoring and growing a high-performance team of Market Risk Specialists

• A Post-graduate Degree in Finance, Economics, Financial Engineering, Mathematics, Insurance, or a related field (NQF Level 8+)
• 8–10 years of experience in financial services or financial regulation, with a strong focus on market risk, investment risk, or counter-party credit risk
• At least 2 years of experience managing or leading technical teams
• In-depth knowledge of insurance and FMI regulation, derivative instruments, financial risk modelling, and supervisory frameworks (e.g., SAM, IOSCO, IAIS, and FMA)
• Robust analytical, communication, and leadership capabilities

• A FRM, CFA, CQF or MBA
• Experience with model validation, market risk analytics, and quantitative supervision tools
• A proven track record in regulatory innovation and managing complex stakeholder environments