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South African Reserve Bank Graduate Development Programme 2022/23

The South African Reserve Bank (SARB) is currently looking for motivated and productive postgraduates to join its one-year Graduate Development Programme.  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


Apply: African Development Bank 2022 Virtual Internship Program

South African Reserve Bank Graduate Development Programme | What to Expect

At the end of the year, some graduates will be permanently appointed into a department of the SARB. Those most likely to be appointed are graduates who:

  • Are interested in continuing their career at the SARB;
  • Have a desire to contribute to monetary policy, financial stability, currency management, supervising financial institutions, financial markets, or one of the SARB’s enabling functions;
  • Have demonstrated behaviours aligned to the SARB’s values of accountability, excellence, integrity, respect and trust, and open communication;
  • Can function independently and contribute actively and effectively in a team; and
  • Have performed exceptionally well in their assigned departments and academically.

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.

See Also: Job Alert: United Bank for Africa (UBA) Recruitment – March 2022 

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: March 31, 2022

Visit the Official Website for Further Details

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