South African Reserve Bank Graduate Internship Programme 2023

South African Reserve Bank Graduate Internship: SARB invites productive and talented postgraduates to apply for its Graduate Development Programme in 2023.

Closing date

• 14 April 2023

Detailed description

• Banknotes and coins,
• The management of interest rates,
• Setting the cash reserve requirement for banks, and
• Assuring financial stability both within and outside the banking sector.

What the programme is about

• Exposure to SARB departments
• Students will work at SARB’s Head Office from January to December 2023. Various tasks and projects will be assigned to them as they are assigned to a department.
• At the SARB Academy, graduates will participate in various learning interventions. The interventions are primarily directed at central banks and are designed to produce well-rounded central bankers.
• Furthermore, graduates will learn how to create impactful PowerPoint presentations, teamwork, as well as assertive communication, public speaking, and etiquette as part of the holistic programme.

After the first year

At the end of the year, some graduates will be permanently appointed to SARB departments. There is a high probability of appointment for graduates who:

• The SARB offers a career path for those who are interested.
• Have a desire to contribute to the SARB’s enabling functions, including monetary policy, financial stability, currency management, supervision of financial institutions, and financial markets.
• Behaved in accordance with SARB values such as accountability, excellence, integrity, respect, and trust.
• Ability to function independently and contribute to a team actively and effectively.
• Their academic performance and performance in their assigned departments is outstanding.

Job Requirements

Candidates with postgraduate degrees in the following fields are invited to apply:

Economics, econometrics, research, policy analysis, 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, or international relations.

You meet the requirements if you

• Having completed a postgraduate degree.
• You must have attained an average of at least 65% in your final year of study.
• Working in financial services or policymaking is something you are passionate about.
• A proven academic track record.
• Interpersonal skills and excellent communication skills.
• Currently reside in South Africa.
• Learn quickly and with curiosity.

How To Apply

• The application process is open to all interested parties. Applications must be submitted through the ERP system for internal applicants.
• To apply online (or to use the button links at the bottom of this article), external applicants must visit www.resbank.co.za.
• If you are applying online, please include a copy of both your academic transcripts and your identity document.
• Applicants will be informed of their application’s outcome. A security clearance will be conducted as part of the selection process for shortlisted applicants.
• Applicants must submit their applications by 14 April 2023. We will not consider late applications.
• SARB’s commitment to diversifying its workforce will determine which candidates stand a chance of being selected. There is no discrimination against people with disabilities.