Market Risk Manager

Network Recruitment; Pretoria; On-site; ZAR 1,200,000 - 1,500,000; Full time

Job summary

A prestigious financial regulatory authority in Pretoria is seeking a Manager – Market Risk to lead a high-performing team. You will oversee market risk supervision, develop regulatory frameworks, and collaborate with stakeholders to ensure financial stability in South Africa. Candidates should have a postgraduate degree and extensive experience in financial regulation, particularly in market risk management.

Qualifications

• 8–10 years of experience in financial services or regulation focusing on market risk.
• At least 2 years of experience managing technical teams.
• In-depth knowledge of insurance and FMI regulation and supervisory frameworks.

Responsibilities

• Lead market risk supervision across key financial sectors.
• Develop regulatory frameworks and supervisory tools.
• Mentor and grow a team of market risk specialists.

Skills

Market risk management

Investment risk analysis

Analytical skills

Leadership

Education

Postgraduate degree in Finance, Economics, or related field

Tools

Quantitative supervision tools

Job description

Manager – Market Risk (Insurance, FMIs & Cross-Sectoral)

Are you a strategic market risk professional ready to lead a high-performing team and shape the regulatory landscape of South Africa’s financial system?

A prestigious financial regulatory authority is seeking a Manager – Market Risk to lead a team of specialists focused on insurance, financial market infrastructures (FMIs), and cross-sectoral financial institutions. This is a rare opportunity to play a leadership role at the intersection of policy, supervision, and innovation — and help future-proof South Africa’s financial stability.

What You’ll Be Driving

• Leadership and operational oversight of market and counterparty credit risk supervision across key financial sectors
• Development and refinement of regulatory frameworks, supervisory tools, and fit-for-purpose risk models
• Deep technical collaboration with supervisory teams, policy units, and external stakeholders
• Strategic involvement in cross-sectoral market initiatives, including margin requirements, financial derivatives, and investment risk analysis
• Mentoring and growing a high-performance team of market risk specialists

What You Bring

• A postgraduate degree in Finance, Economics, Financial Engineering, Mathematics, Insurance, or related field (NQF Level 8+)
• 8–10 years of experience in financial services or financial regulation, with a strong focus on market risk, investment risk, or counterparty credit risk
• At least 2 years of experience managing or leading technical teams
• In-depth knowledge of insurance and FMI regulation, derivative instruments, financial risk modelling, and supervisory frameworks (e.g., SAM, IOSCO, IAIS, FMA)
• Robust analytical, communication, and leadership capabilities

Bonus Points If You Have:

• FRM, CFA, CQF or MBA
• Experience with model validation, market risk analytics, and quantitative supervision tools
• Proven track record in regulatory innovation and managing complex stakeholder environments

This is more than just a role, it’s a platform to influence the future of South Africa’s financial ecosystem. If you’re ready to lead with purpose, let’s connect.

Disclaimer:

If you do not hear back from us within two weeks, please consider your application for this vacancy unsuccessful. Your profile will be kept on our database for any other suitable roles in the future. We also invite you to reach out to us to discuss your next finance career opportunity.

For more finance jobs, visit: Network Recruitment International