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Johannesburg: Market Risk Manager

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Job Description

About the Role

Join our specialist financial risk management function and contribute to the development of advanced statistical models, including IFRS9 models, credit scorecards, and regulatory capital models. As a Market Risk Manager, you will be part of a diverse team of modellers and analysts with backgrounds in mathematics, statistics, engineering, actuarial science, and quantitative finance. This role offers a fast-paced, intellectually challenging environment where you can sharpen your modelling expertise, grow your leadership capability, and make high-impact credit risk projects at industry-leading standards.

Key Responsibilities

  • Develop and review credit risk models for both provisioning and regulatory capital purposes.
  • Support the management of projects across planning, budgeting, execution, and close-out phases.
  • Assist with the coding, automation, and enhancement of financial risk management models.
  • Foster a coaching culture that empowers team members, drives technical growth, and encourages constructive challenge.

Requirements

  • Education: Honours or Masters degree in a quantitative discipline (Quantitative Finance, Mathematics, Statistics, Actuarial Science, Engineering, or equivalent).
  • FRM advantageous.
  • Experience: Minimum 6 years experience in a quantitative credit risk role.
  • Strong exposure to credit risk modelling (IFRS9, scorecards, and regulatory models).
  • Proven ability to manage and deliver smaller workstreams.
  • Experience leading, mentoring, or coaching junior team members.

Qualifications

  • Formal education/certifications: Honours or Masters degree in a quantitative discipline (Quantitative Finance, Mathematics, Statistics, Actuarial Science, Engineering).

Salary & Benefits

  • Salary range: Not specified.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Accounting / Finance Jobs in Gauteng

In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.

When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.

Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.

Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.

For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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