Market Risk Manager (Insurance, FMIs and Cross-Sectoral)

SUMMARY:
Are you an experienced market risk strategist with the vision to guide a specialist team and help shape the regulatory future of South Africa’s financial system?

POSITION INFO:
A leading financial regulatory body is searching for a rket Risk Manager to head a team of experts overseeing insurance, financial market infrastructures (FMIs), and cross-sectoral financial institutions. This is a unique chance to influence policy, drive supervisory excellence, and safeguard financial stability in a rapidly evolving market environment.

Key Focus Areas:

• Provide leadership and strategic oversight for market and counterparty credit risk supervision across multiple financial sectors.
• Design, enhance, and implement regulatory frameworks, supervision methodologies, and risk models tailored to sector needs.
• Collaborate closely with internal supervision teams, policy units, and external stakeholders to address complex market challenges.
• Contribute to cross-sectoral projects such as margin requirements, derivatives oversight, and investment risk evaluation.
• Mentor, inspire, and develop a team of high-performing Market Risk Specialists.

• Postgraduate qualification (NQF Level 8 or higher) in Finance, Economics, Financial Engineering, Mathematics, Insurance, or a related field.
• 8–10 years’ experience within financial services or regulation, specialising in market risk, investment risk, or counterparty credit risk.
• Minimum 2 years’ proven leadership or technical team management experience.
• Strong technical knowledge of insurance and FMI regulations, derivatives, risk modelling, and supervisory frameworks (SAM, IOSCO, IAIS, FMA).
• Exceptional analytical, communication, and leadership skills.

• Professional designations such as FRM, CFA, CQF, or MBA.
• Hands-on experience with model validation, market risk analytics, and quantitative supervisory tools.
• A track record of regulatory innovation and stakeholder relationship management in complex environments.