South African Reserve Bank (SARB) Graduate Development Programme 2023/2024

 




South African Reserve Bank (SARB) Graduate Development Programme 2023/2024


Company: South African Reserve Bank (SARB)
Location: Pretoria
Closing date: 14 April 2023

The SARB is looking for productive and talented postgraduates to join its one-year Programme in January 2024.

What the SARB does
The SARB serves the economic well-being of South Africans by maintaining price and financial stability. It is responsible for the regulation of the South African financial sector, design and distribution of banknotes and coins, management of interest rates, setting the cash reserve requirement for banks, and ensuring the stability of both the banking sector and the wider financial system.


What the Programme is about
Exposure to departments in the SARB Graduates will work and learn at the SARB Head Office from January to December 2023. During the year, they will be assigned to a department and exposed to various tasks and projects.


The Programme courses

During the Programme, graduates will attend various learning interventions at the SARB Academy. Interventions are mainly central banking specific and are aimed at producing well-rounded central bankers.  In addition, personal and professional skills such as assertive communication, public speaking and presentations, creating powerful PowerPoint presentations, impactful reporting, teamwork, personal excellence, and etiquette also form part of the holistic program. 


After the first year
At the end of the year, some graduates will be permanently appointed to a department of the SARB. Those most likely to be appointed are graduates who:
• are interested in continuing their career at the SARB;
• have the 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 behaviors aligned to the SARB’s values of accountability, excellence, integrity, respect and trust, and open communication;
• are able to function independently and contribute actively and effectively in a team; and
• have performed exceptionally well in their assigned departments and academically. Who should apply?
Requirements
You meet the requirements if you:
• have completed a postgraduate degree;
• have attained an average of over 65% in your final year;
• have a strong desire to work in financial services and/or  policymaking;
• have a proven track record of academic excellence;
• have excellent communication and interpersonal skills;
• are a South African citizen; and
• are a curious and keen learner 

Degree focus areas
The SARB will consider postgraduate students with capability in at least one of the following areas:
• 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

How to apply
All interested parties are invited to apply online via www.resbank.co.za

 Please include a copy of your transcript and your identity document with your application. 

Late applications will not be considered.

Remuneration and benefits

Graduates will receive a competitive salary for the duration of the Programme.

After you apply
All applicants will be advised 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. Suitable candidates will be selected based on the SARB’s commitment to diversifying its workforce. People with disabilities are welcome to apply.

If you have any Programme-related queries, please email them to: Muriel.Marais@resbank.co.za

Click here to apply 

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