Management Consultant - Financial Risk Management

Placements24; Soweto; On-site; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary and bonus structure

On-site employment with client-engaged

Comprehensive health, dental, and view

Job summary

Placements24 is seeking a seasoned Management Consultant specializing in Financial Risk Management for an on-site role in Soweto, Gauteng. You will help financial institutions identify, assess, and mitigate market, credit, operational, and liquidity risks while advising on regulatory compliance and risk frameworks.

The role demands a strong quantitative background, deep knowledge of financial markets and regulations, and excellent analytical and problem-solving skills.

Qualifications

• Master's degree in Finance, Economics, Mathematics, Statistics, or related quantitative field.
• 6+ years of experience in financial risk management.
• Experience in market, credit, operational, or liquidity risk.
• Strong understanding of financial markets and regulations.
• Excellent quantitative, analytical, and problem-solving skills.
• Proficiency in risk modeling software and data analysis tools.
• Exceptional communication, presentation, and interpersonal skills.

Responsibilities

• Assess and analyze financial risks across market, credit, operational, and liquidity domains.
• Develop and implement comprehensive risk management frameworks and policies.
• Advise clients on compliance with relevant financial regulations (e.g., Basel Accords, SARB).
• Design and conduct stress testing and scenario analysis to evaluate risk exposures.
• Develop models for risk measurement, monitoring, and reporting.
• Provide guidance on capital adequacy and liquidity management.
• Facilitate workshops and training sessions for risk management teams.
• Collaborate with business units to embed risk management best practices into daily operations.
• Stay abreast of evolving risk management methodologies and regulatory requirements.
• Prepare detailed reports and presentations for senior management and regulatory bodies.

Skills

Quantitative analysis

Communication

Interpersonal skills

Problem-solving

Education

Master's degree in Finance/Economics/Math/Statistics

Tools

Risk modeling software

Data analysis tools

Job description

About the Role

Our client, a premier management consultancy, is seeking a skilled Management Consultant specializing in Financial Risk Management. This is a full-time, on-site role based in Soweto, Gauteng, ZA , requiring significant client interaction at their premises. You will be instrumental in helping financial institutions identify, assess, and mitigate a wide range of financial risks, including market risk, credit risk, operational risk, and liquidity risk. The consultant will advise clients on regulatory compliance, develop risk management frameworks, and implement robust risk assessment methodologies. The ideal candidate possesses a strong quantitative background, deep understanding of financial markets and regulations, and excellent analytical and problem-solving skills. You will work closely with senior risk and finance professionals to strengthen their risk management capabilities and ensure financial stability. This is a critical role demanding expertise and dedication to protecting our clients from potential financial vulnerabilities.

Key Responsibilities

• Assess and analyze financial risks across market, credit, operational, and liquidity domains.
• Develop and implement comprehensive risk management frameworks and policies.
• Advise clients on compliance with relevant financial regulations (e.g., Basel Accords, SARB regulations).
• Design and conduct stress testing and scenario analysis to evaluate risk exposures.
• Develop models for risk measurement, monitoring, and reporting.
• Provide guidance on capital adequacy and liquidity management.
• Facilitate workshops and training sessions for risk management teams.
• Collaborate with business units to embed risk management best practices into daily operations.
• Stay abreast of evolving risk management methodologies and regulatory requirements.
• Prepare detailed reports and presentations for senior management and regulatory bodies.

Requirements

• Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• A minimum of 6 years of experience in financial risk management, either within a financial institution or a consulting firm.
• Proven experience in assessing and managing market risk, credit risk, operational risk, or liquidity risk.
• Strong understanding of financial markets, instruments, and regulatory frameworks.
• Excellent quantitative, analytical, and problem-solving skills.
• Proficiency in risk modeling software and data analysis tools.
• Exceptional communication, presentation, and interpersonal skills.
• Ability to work on-site and travel to client locations as required.
• Demonstrated ability to manage complex projects and influence stakeholders.
• Professional certifications such as FRM, PRM, or CFA are highly desirable.

Benefits

• Competitive salary and bonus structure.
• Full-time, on-site employment with significant client engagement.
• Comprehensive health, dental, and vision insurance.
• Opportunities for professional development, including advanced training and certifications.
• Exposure to diverse financial services clients and complex risk challenges.
• Structured career progression within a leading consultancy.
• Generous annual leave and company holidays.
• Retirement savings plan with employer contributions.
• Reimbursement for necessary business travel expenses.
• A culture that values expertise and continuous learning.