Senior Lecturer/Associate Professor

SENIOR LECTURER/ASSOCIATE PROFESSOR

African Institute of Financial Markets & Risk Management (AIFMRM)

Faculty of Commerce

The African Institute of Financial Markets & Risk Management (AIFMRM) in the Faculty of Commerce at the University of Cape Town invites applications for a permanent academic appointment at Senior Lecturer or Associate Professor level.

AIFMRM is a leading centre for research and teaching in quantitative finance, financial markets, and risk management. The Institute offers specialised postgraduate programmes and sustains strong links with the financial services sector. AIFMRM brings together academic researchers and industry practitioners to advance the study of financial markets and risk management in Africa and globally. The Institute is supported by private sector partners from the South African financial services sector.

We seek to appoint scholars who demonstrate research excellence, strong quantitative expertise, and a commitment to high-quality teaching and postgraduate supervision. The successful candidate will contribute to the Institute’s postgraduate teaching programmes and research activities and will participate in the development of the Institute’s academic and industry engagement initiatives.

What we offer

• A collegial and supportive academic environment.
• A vibrant international research culture within the Institute.
• Opportunities for collaboration with financial sector partners and industry stakeholders.
• Access to internal research funding and institutional research support.
• Support and resources for innovative teaching and curriculum development.

We welcome applications from candidates working in quantitative finance, financial markets, and risk management, including (but not limited to) areas such as derivatives and asset pricing, financial market risk, climate finance, and computational finance. Applications from candidates based outside South Africa are encouraged.

Requirements for the position:

Senior Lecturer

• A PhD in quantitative finance, financial mathematics, financial risk management, or a closely related quantitative discipline.
• At least 3 years of teaching experience.
• Evidence of experience in supervising research.
• Strong quantitative and analytical skills relevant to the study of financial markets and risk management.
• Evidence of active research, including publications in peer-reviewed journals.
• A record of presenting research findings at conferences.

Associate Professor

In addition to the above, candidates appointed at Associate Professor level would be required to have:

• An established research record with publications in leading peer-reviewed journals.
• Indication of international research standing and visibility.
• Evidence of current Master’s and PhD supervision.
• Teaching experience at postgraduate level.
• Experience in academic leadership, administration and management.

The successful candidate should be able to demonstrate some or all the following

• The ability to contribute to curriculum development and delivery in postgraduate programmes.
• The ability to develop and sustain a research programme in areas aligned with the Institute’s focus.
• Experience in collaborative research, in particular with financial sector partners.
• Knowledge of emerging developments in financial markets, quantitative finance, and risk management.
• A commitment to innovative and effective teaching practices.
• Strong interpersonal, communication, and organisational skills.

Remuneration

Salaries are based on the University of Cape Town’s standard Cost of Employment (COE) structure for academic staff. Academic staff in AIFMRM receive a 20% Scarcity Allowance above the standard COE.

Candidates may contact Lizzy Starck ([email protected]) for details regarding remuneration, additional benefits, cost of living in South Africa, and any other pertinent queries.

The cost of relocation for appointees from outside Cape Town and South Africa will be borne by UCT.

Please click the "apply" on the UCT Jobs site (View) button to create a candidate profile and submit your application.

Please complete/attach the following to your profile before submitting your application:

• A letter of motivation
• Curriculum Vitae (CV)
• Copies of your academic transcripts and identification
• The names of three referees, including their title, position, relationship to you, email address, and telephone number

An application which does not comply with the above requirements will be regarded as incomplete. Shortlisted candidates will be required to provide teaching and research statements, undergo assessments, and references will be requested.

Any enquiries around the application process to be addressed to Ms Abigail Dixon at [email protected]  or 021 650 1673

Website:          http://www.aifmrm.uct.ac.za/

Closing date:   26 June 2026

UCT is a designated employer and is committed to the pursuit of excellence, diversity and redress in achieving its equity targets in accordance with the Employment Equity Plan of the University and its Employment Equity goals and targets. Preference will be given to candidates from the under-represented designated groups. Our Employment Equity Policy is available at https://uct.ac.za/media/9482.

UCT reserves the right not to appoint.