Graduate Financial Engineer

Riskworx is a boutique Financial and Quantitative Modelling consultancy specializing in Banking and Capital Markets. With over 25 years of experience, we bring a unique fusion of knowledge, skills, and impact to the banking sector.

Our expertise spans a wide range of risk types and balance sheet management concerns, including market, credit, liquidity, and operational risk. We are dedicated to delivering effective solutions that address the complex needs of our clients, helping them navigate evolving regulations and leverage technological advancements to their advantage.

Our commitment to problem solving, value delivery, and building strong client relationships sets us apart in the industry.

Join us at the Riskworx Academy for an exhilarating 3 month Bootcamp, where we hand pick graduates from quantitative fields through our rigorous recruitment process to join our exclusive Mavericks Programme.

Throughout this Bootcamp, you'll have the chance to leverage your skills in computer science, statistics, economics, and applied mathematics to tackle contemporary challenges in financial risk management.

Upon successfully completing the program, you'll be fully prepared to embark on your career in financial engineering.

Currently completing (or recently completed) Honours/Masters degree, specialising in any of the following disciplines:

• Financial Engineering
• Financial Risk Management
• Quantitative Risk Management
• Actuarial Science - for those committed to pursuing a career in Financial Engineering
• Mathematical Statistics
• Applied/Financial Mathematics
• Mathematical Sciences
• Business Finance/ Finance (BCom Hns)

Intention to pursue one of the below professional qualifications is advantageous:

• CFA
• FRM
• PRM
• CQF

• Excellent written & presentation skills
• Strong mathematical and analytical skills including stochastic calculus and time series analysis
• Strong data analysis skills
• Strong financial modelling skills are advantageous
• Software Engineering skills are advantageous

• Knowledge of Derivative Pricing and Risk Management are advantageous
• Implement and enhance the Riskworx quantitative pricing library
• Engage in research, and new developing areas of interest, elevate the firm's profile while simultaneously raising your own, through channels such as webinars, research papers and blogs
• Work with the team to provide consulting and advisory services for clients, especially in the following areas: full lifecycle management of models both regulatory and economic, including but not limited to Valuations, Credit Risk (direct and counterparty), Market Risk, Balance Sheet Management and ESG
• Implementation, validation, specification and benchmarking of valuation and risk models across a broad range of asset classes
• Solicit, capture, understand, and solve key client pain points, including requirements captured via business requirement documents (BRDs) and product specifications
• This role is based in Johannesburg and is set to commence in early January 2027
• Only applications from South African citizens and South African permanent residents will be considered
• A completed postgraduate degree is a requirement for this position
• Offers for this role are made at Riskworx's discretion