The South African Reserve Bank (SARB) is currently looking for motivated and productive postgraduates to join its one-year Graduate Development Programme 2024. During the Programme, graduates will attend various learning interventions at the SARB Academy.
The SARB serves the economic well-being of South Africans through maintaining price and financial stability. It is responsible for the regulation of the South African financial sector, design and distribution of banknotes and coin, management of interest rates, setting the cash reserve requirement for banks, and ensuring stability of both the banking sector and the wider financial system.
Company/Organisation(s): The South African Reserve Bank (SARB)
Program Type: Graduate Development Program
Program Location: South Africa
Program Duration: 1 year
Available Slot: Several
Basic Qualifications: Graduates
Nationality: South Africans
South African Reserve Bank Graduate Development Programme | What to Expect
Graduates will be placed in the Business Solutions and Technology Department (BSTD) at the SARB from January to December 2024. During the programme, graduates will attend various learning interventions, including technical training, at the SARB Academy. The programme offers opportunities for a Data Science track, and graduates will work in a Data Lab environment from time to time, on various use cases.
Eligibility Criteria
To be eligible for South African Reserve Bank Graduate Development Programme, you are expected to meet the following conditions:
- Applicants must have completed a postgraduate degree;
- Applicants must have attained an average of over 65% in their final year;
- Have a strong desire to work in financial services and/or policymaking;
- Have a proven track record of academic excellence;
- Applicants must have excellent communication and interpersonal skills;
- Be a South African citizen
- Be a curious and keen learner.
Eligible Courses
- Economics, Econometrics, Research, Policy analysis, Modelling, Public finance, Accounting, Auditing, Statistics, Financial management, Information technology, Law, Portfolio or investment management, Mathematics, Quantitative analysis, Business analysis, Project management, Risk management (operational and financial risk), Treasury, Economics and international relations.
Application Procedures
How-to-Apply: All interested candidates for the Graduate Development Programme are invited note the following:
- Internal applicants MUST apply through the Enterprise Resource Planning (ERP) system.
- External applicants MUST apply online, via www.resbank.co.za.
Please include a copy of your academic transcripts and your identity document with your application.
All applicants will be informed of the outcome of their application. Shortlisted applicants will be invited to participate in assessments, interviews, and a security clearance as part of the selection process.
Application Deadline: 14 April 2023