Deloitte is inviting graduates to apply for the Regulatory and Financial Risk (RFR) Graduate Programme 2026 based in Midrand, South Africa.
This programme offers an opportunity for highly skilled graduates to work with experts in financial modelling, regulatory advisory, and risk management while supporting major financial institutions across Africa.
Programme Overview
- Company: Deloitte
- Location: Midrand, South Africa
- Programme: Regulatory and Financial Risk Graduate Programme
- Industry: Financial Services Advisory
- Programme Type: Graduate Programme
The graduate role focuses on supporting Deloitte’s Financial Instrument Valuations team, helping deliver complex financial modelling and risk advisory services.
About the Regulatory and Financial Risk Team
The Regulatory and Financial Risk (RFR) team is a specialised advisory group within Deloitte that supports:
- Financial institutions
- Corporate treasury operations
- Banks and financial services organisations
The team combines expertise in:
- Financial modelling
- Risk analytics
- Regulatory compliance
- Quantitative programming
Their goal is to deliver strategic solutions that help organisations manage financial risk effectively.
Key Areas of Work
Graduates will gain exposure to specialised financial risk work including:
- Derivative Instrument Valuations
- Hedge Accounting Advisory
- IFRS 2 Share Option and BEE Valuations
- Model Development and Validation
- Counterparty Credit Risk (xVA) Valuations
This provides valuable experience in quantitative finance and financial risk analysis.
Key Responsibilities
Participants in the programme will:
- Assist in developing and automating financial and risk models
- Conduct statistical analysis, including clustering and segmentation
- Perform numerical valuation techniques such as derivatives pricing
- Build yield curves and support financial modelling tasks
- Assist in developing innovative solutions for financial clients
- Support project teams and contribute to thought leadership
Graduates will work closely with project managers and team leaders on various consulting projects.
Minimum Qualification Requirements
Applicants must hold a Master’s degree or Honours degree in a relevant field such as:
- MSc Financial Engineering
- MSc Quantitative Risk Management
- BSc/BCom Honours in:
- Quantitative Risk Management
- Actuarial and Financial Mathematics
- Financial Engineering
- Advanced Mathematics of Finance
- Econometrics / Applied Economics
- Mathematical Sciences
- Statistics
- Applied / Financial Mathematics
- Physics
Relevant mathematical or statistical degrees will also be considered.
Technical Skills Advantage
Experience in the following programming tools will be beneficial:
- Python
- R
- Matlab
- SAS
- C#
- VBA
These tools are often used in financial modelling and risk analytics.
Required Competencies
Successful candidates should demonstrate:
- Strong written and verbal communication skills
- Technical curiosity and willingness to learn
- Ability to work in a fast-paced consulting environment
- Team collaboration skills
- Innovative problem-solving ability
- Adaptability to changing project requirements
Required Application Documents
Applicants must submit the following documents:
- Updated CV
- Copy of South African ID
- Matric certificate
- University academic transcripts
If uploading multiple files is difficult, applicants may combine documents into one PDF file.
How to Apply
Apply online through the official Deloitte recruitment portal: