Market Risk Specialist

Recruiter:

Communicate Recruitment

Job Ref:

CFA020905/KR

Date posted:

Monday, January 12, 2026

Location:

Johannesburg, South Africa

SUMMARY:
We are seeking a Market Risk Specialist to support financial institutions in strengthening their market risk frameworks, validating quantitative models, and ensuring compliance with regulatory requirements. This role focuses on risk management diagnostics, internal model approval processes, and advanced pricing and valuation services across asset classes.

POSITION INFO:

Risk Management Framework & Diagnostics
Review and benchmark trading and market risk functions.
Conduct gap analysis against supervisory frameworks and recommend improvements.
Advise on strengthening controls for risk identification, measurement, and monitoring.
Internal Model Approval & Regulatory Compliance
Support institutions in gaining regulatory approval for internal Value-at-Risk (VaR) models.
Perform gap analysis between operating environments and regulatory requirements.
Independently validate VaR models and provide quality assurance during approval processes.
Quantitative Model Solutions
Validate VaR and derivative pricing models to ensure accuracy and robustness.
Test modelling assumptions and incorporate findings into risk and pricing policies.
Pricing & Valuation Services
Advise on mark-to-market and fair value appraisals across asset classes.
Independently value trades and portfolios using advanced pricing techniques.
Assist in designing IAS-compliant hedge programs and prepare portfolios for hedge effectiveness testing.

Skills & Experience:
Strong understanding of market risk frameworks and regulatory requirements.
Expertise in quantitative modelling, including VaR and derivative pricing models.
Proficiency in advanced pricing techniques and valuation methodologies.
Experience with IAS-compliant hedge programs and accounting advisory processes.

Qualifications:
Degree in Finance, Economics, Mathematics, or related field.
Familiarity with regulatory frameworks and internal model approval processes.

For more information contact:
Recruitment Consultant
Kayla Reddy:

Connect with us on and register your CV to create a profile and view all our financial recruitment vacancies.

Similar jobs you might be interested in:

Market Risk Specialist
Location: Centurion
Salary: Annually
Are you a quantitative finance professional with a passion for market risk, valuation, and regulatory-driven transformation? This opportunity allows you to work on complex risk challenges within the banking and financial services sector, applying advanced quantitative skills in a high-impact advisory environment. You’ll join a specialist quantitative valuation and market risk team worki...
1 day ago

Market Risk Specialist
Location: Johannesburg
Salary:
We are seeking a market risk specialist to support financial institutions in strengthening their market risk frameworks, validating quantitative models, and ensuring compliance with regulatory requirements. This role focuses on risk management diagnostics, internal model approval processes, and advanced pricing and valuation services across asset classes.
11 days ago

Market Risk Analyst
Location: Johannesburg
Salary: Market Related
Are you a detail-driven leader with a flair for numbers, systems, and strategic thinking? Join a global commodities powerhouse and lead a high-performing team in the dynamic world of product risk. This is your opportunity to shape reporting excellence and drive innovation in a fast-paced, international trading environment.
18 days ago

Actuarial Analyst (Non-Life)
Location: Johannesburg
Salary:
Actuarial Analyst (Non-Life)Are you an actuarial professional with a passion for non-life insurance and capital management?This is your opportunity to join a leading risk solutions provider and work on complex actuarial projects that drive real impact.Our client is a market leader in innovative insurance and risk solutions, specialising in customâdesigned cover and alternative risk transfer stru...
1 day ago

Data Scientist
Location: Johannesburg
Salary:
Data Scientistre you the kind of person who can take messy insurance data, clean it up, and uncover its hidden story?We’re looking for a Data Scientist with an investigative mindset—someone who thrives on solving puzzles, supporting actuarial teams, and transforming complex datasets into insights that genuinely move the business forward.Join a forward-thinking insurer where data and an...
1 day ago

Senior Actuarial Analyst
Location: Johannesburg
Salary:
Senior Actuarial AnalystJoin a leading global organisation that values innovation, forwardâthinking problemâsolvers, and Actuaries who don’t just crunch numbers—they elevate strategy.If you’re looking for a role where your ideas matter and your growth is supported, this is it.This opportunity sits within a globally recognised, industryâleading organisation known for develop...
1 day ago

Financial Director
Location: Johannesburg
Salary: Market Related
A pioneering, globally connected organisation is seeking a visionary Finance Director to steer its financial strategy, strengthen governance, and play a pivotal role in driving long-term value creation.
3 days ago

Actuarial Analyst
Location: Johannesburg
Salary:
Join a leading global organisation that values innovation, forwardâthinking problemâsolvers, and Actuaries who don’t just crunch numbers—they elevate strategy. If you’re looking for a role where your ideas matter and your growth is supported, this is it.
3 days ago

Senior Quantitative Analyst
Location: Johannesburg
Salary: Annually
A leading South African banking group, known for its strong risk culture, data-led decision-making, and commitment to responsible lending, is looking to appoint a Senior Quantitative Analyst within its Personal Banking Division.
5 days ago

Senior Actuarial Analyst
Location: Johannesburg
Salary: Annually
Own the analytics engine behind South Africa’s debt review (DR) performance. This role is ideal for an analytics leader who thrives on turning complex lifecycle data into predictive insight, sharper workflows, and measurable collections uplift. You’ll build a single source of truth across active DR, pre-termination, and terminated debt review (TDR), translating data into real operation...
4 days ago