93 Risk Analysis jobs in South Africa

Murex Specialist – Financial Markets Systems Expert

Industry:
Banking

Location:
Johannesburg

Are you passionate about capital markets, complex financial products, and cutting-edge trading systems? We're looking for an experienced
Murex Specialist
to drive innovation and efficiency across trading, risk, and treasury functions.

In this role, you'll work across multiple business units — from Markets to Treasury — ensuring that front-to-back trade processes, risk reporting, and settlements run seamlessly. You'll play a key part in enhancing existing Murex functionality, building new capabilities, and partnering with traders and technical teams to deliver robust, scalable solutions.

What You'll Be Doing

• Analyse current processes and identify opportunities for improvement and automation.
• Collaborate with traders and stakeholders to document business requirements and pain points.
• Conduct impact analyses and propose strategic, value-driven solutions.
• Configure and develop solutions within the Murex platform to meet evolving business needs.
• Support analytical queries (Risk, P&L, Pricing) and technical issues (Workflows, Integrations, Reporting).
• Participate in testing cycles to ensure solution quality and compliance with requirements.
• Liaise with the Murex vendor to resolve incidents and implement new functionality.
• Deliver user training and develop supporting documentation.

What You'll Bring

• Bachelor's degree in
  Computer Science, Mathematics, Engineering
  , or a related field.
• Minimum
  3 years' experience
  in implementing or supporting
  financial markets systems
  and integrations.
• Strong working knowledge of:
• Capital Markets products
  (Derivatives, Interest Rate, Money Market, Fixed Income).
• Trade lifecycle management
  from pricing to settlement.
• Murex modules
  , including Front Office configuration, sensitivities, risk, P&L analysis, and pricing templates.
• Agile / Scrum methodologies
  .
• A proactive problem solver who thrives on collaboration and continuous improvement.
• Excellent stakeholder management, communication, and analytical skills.
• ACI Dealing Certificate
  would be advantageous.

Why This Role?

This opportunity is perfect for someone who enjoys combining technical problem-solving with strategic, business-facing work. You'll engage directly with traders, risk managers, and IT teams to influence the evolution of a world-class trading platform and ensure seamless front-to-back operations.

Apply now

Stefan Pretorius

Recruiter

MARKET RISK ANALYST - Global Trading

Are you passionate about markets, trading, and risk - with a strong academic background to match? This is your chance to break into the world of commodities and gain hands-on experience working alongside global traders and risk managers.

Responsibilities

• Work directly with risk managers and traders to identify potential risks and opportunities
• Running and calculating daily risk reporting (including PnL)
• Play a key role in automation, reporting enhancements, and innovative problem-solving
• Analysing potential risk associated with the commodities

We're looking for someone who:

• Holds a strong academic background in
  Economics, Financial Mathematics, Actuarial Sciences, Accounting, Risk Management, or Financial Engineering
• Has
  years of experience
  in banking, audit, or financial services
• Is
  analytical, data-driven, and detail-oriented
• Has an interest in (or exposure to)
  derivatives, hedging, and how businesses use these tools to mitigate risks
• Is ambitious, innovative, and excited about making an impact in a commercial environment
• Exposure to a fast-paced global trading environment

This role is perfect for a recent graduate or early-career professional who is curious, driven, and ready to learn how global markets operate.

Are you ready to take your market risk expertise to the next level?

This is your chance to join a forward-thinking team where your knowledge of equity risk, treasury risk, hedging, and derivatives won't just be used – it will be celebrated. If you've ever wanted to work on sophisticated risk models and influence key financial decisions, this role is for you.

We are seeking a
Market Risk Analyst
to monitor, model, and manage risk exposures, supporting clients in trading, treasury, and financial markets.

Key Responsibilities:

• Monitor and analyze market risk exposures across equity and treasury portfolios.
• Develop and maintain models for derivatives and hedging strategies.
• Perform stress testing, scenario analysis, and reporting for senior management and clients.
• Collaborate with traders, finance, and other stakeholders to ensure risk compliance and best practices.
• Support regulatory and internal risk management initiatives.

Job Experience and Skills Required:

• Minimum bachelor's degree in Finance, Economics, Actuarial Science, or related field.
• 2–3 years' experience in market risk, ideally in trading, commodities, or financial services.
• FRM qualification (completed or in progress) is essential.
• Strong understanding of equity risk, treasury risk, hedging strategies, and derivatives.
• Excellent analytical, quantitative, and communication skills; proficiency in Excel, VBA, or Python.
• Experience with risk modeling, scenario analysis, and regulatory reporting.

Apply Today
to advance your market risk career

For more exciting Finance vacancies, please visit:

I also specialize in recruiting in the following:

• Actuarial
• Data Analytics
• Product Development
• Pricing
• Valuations
• Market Risk

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions
.

For more information, contact:

Kholo Mongalo

Recruitment Researcher in Actuarial & Analytics

Connect with me on LinkedIn

Quantitative Analyst

Location: Johannesburg, hybrid

Salary: R R CTC per annum

We're looking for a driven Quantitative Analyst
to join a forward-thinking Bank that values innovative ideas and smart collaboration. If you're passionate about building intelligent pricing and risk solutions, love solving complex problems, and want to be part of a high-performing team, we'd love to hear from you.

What You'll Be Doing

• Develop, test, and maintain pricing and risk management solutions.
• Design and enhance financial models (e.g. pricing, curve stripping, scenario analysis).
• Analyse and improve risk and pricing systems and processes.
• Troubleshoot and resolve production issues, collaborating with multiple stakeholders.
• Translate business requirements into clear technical specifications.
• Participate in cross-functional sessions to support system integration and process optimization.
• Monitor the value delivery of implemented solutions against defined business cases.

What You Bring

• 3–5 years of relevant experience in quantitative, risk, or business analysis roles.
• Bachelor's degree in
  Mathematical Finance
  or similar quantitative discipline (Postgraduate preferred).
• Hands-on experience designing and testing quantitative systems.
• Strong SQL and data analysis skills.
• Familiarity with multi-asset classes and trade lifecycle is a plus.
• Solid understanding of data models and system integration flows.

What Sets You Apart

• You're naturally curious and always seeking smarter ways to solve problems.
• You strive for excellence and invest in mastering your craft.
• You place the client at the center of your work, always thinking about impact.
• You thrive in collaborative environments and value shared success.

What You'll Gain

• Work on challenging and meaningful projects.
• Opportunities to innovate and explore new technologies.
• A collaborative team culture that values thought leadership.
• Career development in a high-performance environment.

Apply now

Stefan Pretorius

Recruiter

Job highlights

Full time

Johannesburg, Gauteng, South Africa

Market Risk

Job ID

R

Closing date

11/09/2025

Last Updated

04/09/2025

MARKET RISK INTERNSHIP (3 Months Fixed Term Contract)

INTERNSHIP OVERVIEW:

This internship provides an introduction to how energy products such as oil, gas, and fuel are traded and distributed worldwide. You will learn how global markets and transport routes shape the movement of these resources, and examine the impact energy flows have on economies, industries, and international relations.

As a Market Risk Intern, you'll work directly with risk professionals who manage exposure, evaluate volatility, and keep the business ahead of fast-moving markets.

The risk department is an independent function aiming to monitor front-line trading and ensure that the risk-reward of the trading books is properly understood by Glencore senior management and that the physical exposure of the business – e.g., oil cargoes, electricity generation, gas deliveries – is correctly

valued and risk managed.

WHO SHOULD APPLY?

We're looking for ambitious students or recent graduates who are:

Studying Quantitative Risk, Finance, Economics, Engineering, Mathematics, or Data Science

Curious about markets and with an interest in risk

Strong in Excel, Python/SQL

Analytical, detail-oriented, and eager to learn

KEY LEARNINGS:

How trading desks measure and manage market risk

Value-at-Risk (VaR), Greeks, and stress testing

How to monitor daily exposure and P&L

Tools like Excel, Python, SQL, Bloomberg

Real-world risk governance and escalation protocols

KEY RELATIONSHIPS:

London Risk Managers

Senior Risk Management team

Traders

PROGRAM HIGHLIGHTS:

Work on a live project (e.g., backtesting models, stress analysis)

Join risk meetings with senior analysts and managers

Mentorship from experienced risk professionals

Deliver a final presentation to the team

Receive career coaching and performance feedback

BENEFITS:

Practical exposure to risk systems and decision-making

A powerful edge in future job applications

A chance to convert to a full-time analyst or graduate hire

Who we are

Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at

Note*: All applications will be subject to potential background checks. You will be informed if this will be the case. Further information about the processing of your personal data will be made available during the application process. We'll seek your explicit consent prior to processing the data.

Introduction to KPMG
Recognized as a great place to work and build a successful career, KPMG provides Audit, Tax, and Advisory services to organizations across today's leading industries. Our growth is driven by delivering impactful results for clients, supported by a culture that nurtures individual development, promotes inclusivity, rewards innovation, and contributes to communities.

If you're passionate about your future, join our team. Our diverse teams of subject matter experts help clients make informed decisions that confidently drive value and deliver exceptional results. With deep sector expertise and global experience, we provide comprehensive solutions in deal-making, tax, regulatory, and advisory services.

Our Values are the foundation of everything we do and every action that we take. We are a people business. Our people define what we can achieve, and our refreshed Values offer a strong foundation that is fit for the future. These Values define the expectations we have of each other, and most importantly, ourselves. Ultimately, they are core to who we are as a firm, what it means to work at KPMG, and help us achieve our Purpose.

Together we continue our journey to be the most trusted and trustworthy professional services firm, staying committed to our purpose and values as we navigate the future in a rapidly evolving world.

We are currently looking for a Senior Consultant Market Risk - KPMG (JHB)

As part of the Treasury and Market Risk Transformation group of a big 4 consulting and audit firm, you will be part of a team that brings together
financial and technical skills
that our clients can leverage throughout the lifespan of their change journey in order to ensure that people (organisation), process and technology elements of change are managed in harmony.

The key purpose of the position involves helping our clients in the
design and implementation of treasury, trading and risk systems, operating models, organisational structure, risk measurement and performance techniques.
Critical Technical Skills or competencies

• Detail-oriented with strong analytical skills
• Understanding of Financial Markets, Data Analysis and Derivatives Valuation
• Solid knowledge of Market Risk, Counterparty Credit Risk
• Good Programming Exposure (VBA, C#, SQL, etc…)
• Exposure or Experience of trading and risk system (Front Arena, Calypso, Adaptiv, Quantum, etc…)
• Candidate must have a good understanding of quantitative methods and their application in the Financial Services industry

Critical Interpersonal or Interactive skills

• Initiative and enthusiasm
• Responsibility and maturity
• People skills
• Professionalism
• Ability to deliver and follow-through on project responsibilities
• Confidence to be client-facing
• Above average linguistic aptitude and excellent writing skills
• Good communication/ presentation skills
• Previous project management experience would be a plus
• Ability to work under pressure
• Flexibility to accept change in terms of the consulting/ advisory environment
• Qualifications and Experience Required
• Relevant (BSc/ MSc) degree or Honours degree in Mathematical Finance, Actuarial Science, IT, Finance or other Quantitative or Technical area
• 1 to 4 years' experience from a Bank, Insurance, Consulting or Technology firm

Job Overview

Business Segment: Corporate & Investment Banking

Location: ZA, GP, Johannesburg, 30 Baker Street

Job Type: Full-time

Job Ref ID: A-0002

Date Posted: 9/1/2025

Job Description

The main purpose of this role is to monitor Market risk for countries of responsibility to ensure managed within risk appetite. Also to ensure complete accurate and relevant risk reporting. In order to do this optimum use must be made of front office and reporting technologies, which also entails project work to drive the business forward.

Qualifications

Type of Qualification: Postgraduate Degree

Field of Study: Quantitative Finance / Actuarial Sciences / Finance Engineering / Financial Mathematics

Experience Required

1-3 years experience and knowledge of fixed income and forex Global Markets Products.

1-3 years experience Market Risk Management experience (Forex, Money Markets and Fixed Income).

Additional Information

Behavioural Competencies:

Checking Things

Conveying Self-Confidence

Developing Expertise

Examining Information

Following Procedures

Technical Competencies:

Data Analysis

Data Integrity

Documenting

Knowledge Classification

Statistical and Mathematical Analysis

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on or

We are recruiting a
Head of Credit Risk
who is interested in opportunities within
credit risk management, collections strategy, and recoveries in the retail/financial services sector
. This is a strategic leadership role, overseeing the design and execution of credit risk frameworks, collections optimisation, and IFRS 9 provisioning, while driving governance and analytics across the full credit life cycle.

Key Responsibilities

• Oversee and enhance credit risk assessment processes, scoring models, underwriting criteria, and workflows.
• Develop and implement credit risk policies, collections, and recovery strategies to optimise debtor costs, improve cash yields, and enhance portfolio performance.
• Lead and mentor a team of analysts, ensuring accurate forecasting of receivables provisions and recoveries.
• Manage debtor costs in the income statement, working closely with Finance on budgeting, reporting, and forecasts.
• Collaborate with Credit Operations to execute and refine strategies, making improvements where needed.
• Represent Credit Risk in collections forums and align initiatives with broader business objectives.
• Design and maintain reporting and forecasting tools (e.g., PowerBi, SAS, SQL), delivering insights through advanced analytics.
• Engage with regulators, auditors, investors, and stakeholders to ensure compliance and address emerging risks.
• Keep abreast of regulatory developments, industry trends, and new risk management approaches.
• Drive capability building, talent development, and continuous improvement within the Credit Risk team.

Qualifications & Experience

• Bachelor's degree in a numerate field (Statistics, Mathematics, or related); Honours preferred.
• 8+ years' experience in credit risk, collections strategy, or recoveries within retail credit, banking, fintech, insurance, or financial services.
• Proven leadership experience, including managing analysts or risk managers.
• Strong background in forecasting, provisioning, and credit risk strategy.
• Proficiency in Excel; working knowledge of SAS and SQL preferred.
• Familiarity with IFRS 9 provisioning principles and oversight of technical modelling.
• Knowledge of fraud risk controls and early warning mechanisms in credit portfolios.
• Strong stakeholder engagement and presentation skills at senior and executive level.

Personal Attributes

• A results-driven, resilient leader with a "can-do" attitude.
• Innovative thinker, able to solve complex credit and collections challenges.
• Strategic yet detail-oriented, balancing governance with commercial outcomes.
• Collaborative, people-focused leader who holds teams accountable while fostering growth.
• Agile, adaptable, and committed to continuous improvement.

What to Expect:

Once you submit your application, our team will review it carefully. If your profile aligns with the role, you will receive a message from LinkedIn notifying you of the next steps.

Based at our Head Office in Cape Town, this position requires that you to find innovative ways to leverage the vast amount of data and information at your disposal to create customer strategies that drive up profit within constraints. Work within the Risk and Analytics department to enhance Truworths' company performance by providing information, analyses, reports and technical support for the development and implementation of solutions.