Closing Date: 31 October 2025
Programme Dates: 12–15 January 2026
Location: Deloitte Waterfall Offices, Midrand, Gauteng
Deloitte, one of the world’s leading professional services firms, is offering an exciting Vacation Programme in Regulatory and Financial Risk (RFR) for 2026. This programme provides students with a unique opportunity to gain practical exposure, develop key professional skills, and explore career pathways in financial risk management and regulatory advisory.
About Deloitte and the RFR Division
Deloitte’s global network spans over 457,000 professionals in more than 150 countries, providing advisory, audit, tax, and consulting services. The Regulatory and Financial Risk (RFR) team is a trusted advisor to financial institutions and corporate treasury operations, combining expertise in financial modelling, programming, and risk management.
Key RFR services include:
- Credit risk frameworks, scorecards, and analytics
- Basel Credit Models and IAS 39/IFRS 9 Impairment Models
- Capital, liquidity, and balance sheet management
- Stress testing and risk strategy implementation
- Valuations, derivative instruments, and hedge accounting
- Counterparty credit risk (xVA) valuations
Programme Overview
The RFR Vacation Programme is designed to:
- Provide hands-on project experience in financial risk advisory
- Facilitate professional skill development
- Enable career exploration and networking
- Offer insight into industry best practices
Participants will work under the guidance of Deloitte professionals, gaining real-world exposure to regulatory, financial, and risk management processes.
Eligibility Criteria
Students who are expected to complete their Honours or Masters Degree in 2026 in one of the following fields may apply:
- Actuarial Science
- Data Science
- Mathematical Sciences / Statistics
- (Applied/Financial) Mathematics
- Quantitative Risk Management
- (Applied) Statistics
Required Application Documents
Applications must include:
- Updated CV
- Certified copy of ID
- Most recent academic transcript
- Matric certificate
- Honours/Masters approval letter for 2026 (if available)
Only applications with all required documents uploaded will be considered.
Important Programme Details
- Dates: 12–15 January 2026
- Location: Deloitte Waterfall Offices, Midrand
- Travel & Accommodation: Not provided; students are responsible for their own arrangements
- Work Format: In-person attendance is mandatory
Deloitte promotes diversity and inclusion, ensuring that all participants feel supported and able to thrive in the workplace. Reasonable accommodations are provided for persons with disabilities.
Application and Fraud Advisory
Apply online via the Deloitte SmartRecruiters portal.
Be cautious of recruitment scams. Deloitte will never request upfront payments or sensitive personal information outside official channels. Avoid unprofessional communication, fraudulent links, or requests for photographs.
Directly contact Deloitte through official channels if in doubt.
Conclusion
The Deloitte RFR Vacation Programme 2026 offers a rare opportunity for students to gain valuable experience in regulatory and financial risk within one of South Africa’s top professional services firms. This programme equips participants with practical skills, industry exposure, and mentorship to accelerate their career in financial services.
Apply before 31 October 2025 to be part of this impactful and career-defining programme.

