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.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

Similar jobs you might be interested in:

Junior Geometric Engineer
Location: Pretoria
Salary: Market related
To provide discipline specific, specialist engineering and project management services to iX enginee
2 days ago

Junior Geometric Engineer
Location: Pretoria
Salary: Market related
To provide discipline specific, specialist engineering and project management services to iX enginee
2 days ago

Junior Geometric Engineer
Location: Pretoria
Salary: Market related
To provide discipline specific, specialist engineering and project management services to iX enginee
2 days ago

Commodity Specialist
Location: Johannesburg
Salary:
We are seeking an experienced Commodity specialist to manage strategic sourcing activities, supplier performance, and cost optimization initiatives across key raw material categories. The successful candidate will drive procurement excellence and build strong supplier partnerships to support operational performance.
6 days ago

Data Scientist
Location: Johannesburg
Salary: Annually
Do you thrive in environments where data meets realâworld decisionâmaking? Our client, a wellâestablished brand in the Retail lifestyle space, is seeking a passionate Data Scientist to join their innovative analytics team. This is a great opportunity for someone who loves building solutions, exploring advanced techniques, and partnering with business teams to drive outcomes.
6 days ago

Business Development Manager
Location: Midrand
Salary:
6 days ago

Corporate Actuarial Analyst
Location: Johannesburg
Salary: Annually
Step into a high-impact opportunity as an Actuarial Analyst within a top-tier Corporate Actuarial team in a leading Short-Term Insurance environment. This role offers far more than traditional reporting — it’s a chance to gain deep exposure to IFRS 17, technical provisions, and enterprise-level actuarial frameworks, while actively shaping the future of actuarial capability within the b...
7 days ago

Head: Home Loans Collections
Location: Johannesburg
Salary: Annually
This is a leading Africa-focused financial services group, offering innovative solutions and career-enhancing opportunities. Work alongside highly skilled professionals and make a tangible impact on clients, communities, and the business.
7 days ago

Reporting Actuary (Life)
Location: Johannesburg
Salary:
Are you a technically strong Life Actuary with deep reporting experience across IFRS 9 and IFRS 17? This role is ideal for an actuarial professional who thrives in assumption setting, model development, reserving calculations, and delivering highâquality financial reporting within a global environment.
7 days ago

Short-Term Pricing Actuary
Location: Johannesburg
Salary:
Are you a highly skilled Actuarial Data Science specialist looking to drive advanced modelling and pricing innovation in a leading shortâterm insurance environment? This role is ideal for a technical expert who blends actuarial depth with modern machine learning to deliver measurable commercial impact across underwriting, claims, and customer analytics.
7 days ago