Senior Manager â Market Risk

Recruiter:

Network Recruitment

Job Ref:

NFP016683/KM

Date posted:

Thursday, March 19, 2026

Location:

Johannesburg, South Africa

SUMMARY:

A leading professional services firm is seeking a Senior Manager – Market Risk to join its Financial Risk Management practice. This role is suited to an experienced market risk specialist with a strong quantitative background, proven leadership capability, and a passion for advising financial institutions on complex risk and regulatory challenges.

POSITION INFO:

The successful candidate will play a key role in delivering highâimpact market risk engagements, partnering with senior stakeholders, and contributing to the strategic growth of the risk advisory practice.

Key Responsibilities:

Lead and deliver market risk advisory engagements across banking and trading environments
Provide expert guidance on market risk measurement and management, including VaR, expected shortfall, sensitivities, and stress testing
Support clients with regulatory requirements and capital frameworks (Basel III / IV, FRTB, and local regulatory expectations)
Review, design, and enhance market risk frameworks, policies, and models
Manage, mentor, and develop highâperforming teams, ensuring quality delivery and technical excellence
Build strong relationships with senior client stakeholders, including Heads of Risk, Treasury, and Trading
Contribute to business development, proposals, and thought leadership within the market risk domain

Qualifications and Experience:

Honours or Master’s degree in Actuarial Science, Quantitative Finance, Mathematics, Statistics, Engineering, or a related field
8–12+ years’ experience in market risk within consulting, banking, or broader financial services
Strong technical expertise in:
- Market risk models and methodologies
- Regulatory capital and FRTB requirements
- Stress testing and risk appetite frameworks
Demonstrated experience leading client engagements and managing teams at a senior level
Strong communication skills with the ability to explain complex quantitative concepts clearly to senior stakeholders

Advantageous:

Professional designation such as FASSA, CFA, or FRM
Experience engaging with regulators or supporting regulatory submissions
Exposure to analytical or programming tools (e.g. Python, R, SAS, and SQL)

What’s on Offer?:

Exposure to highâprofile financial institutions and complex market risk challenges
Opportunity to influence strategy and shape a growing risk advisory practice
Collaborative, highâperformance culture with a strong emphasis on professional development
Clear pathway for continued leadership progression

Interested? If you are a senior market risk professional looking to step into a leadership role within a dynamic, consultingâdriven environment, we encourage you to apply.

Apply now!
For more exciting Actuarial & Analytics vacancies, please visit:
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I also specialize in recruiting:

Actuarial (Life, ShortâTerm, Pensions, Health, Quant)
Data Science & Advanced Analytics
Pricing & Product Modelling
Market, Credit & Quantitative Risk
Machine Learning & AI Specialists

If you have not received a response within two weeks, please consider your application unsuccessful. Your profile will remain on our database for future opportunities.

For more information, contact:
Kholo Mongalo
Recruitment Researcher – Actuarial & Analytics
Connect with me on LinkedIn:

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