SARB: 2024 Graduate / Internship Programme

Closing Date: 07 April 2024
Location: Pretoria

The South African Reserve Bank (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 as well as the 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.
Job Requirements
Applications are open to candidates who have a postgraduate qualification in one of the following fields: Economics, Econometrics, Research, Policy Analysis, Public Finance, Accounting, Auditing, Statistics, Financial Management, Information Technology, Law, Portfolio Or Investment Management, Mathematics, Quantitative Analysis, Risk Management, Treasury, Or International Relations.
As a SARB graduate, the candidate will work at the SARB Head Office in Pretoria from January to December 2024. During the year, they will attend courses in central bank studies – such as policy, regulation and financial markets – as well as personal and professional studies.
Graduates will receive a competitive salary for the duration of the programme.
How To Apply
Apply Online for the SARB: Graduate / Internship Programme 2024
All assessment questions in application process are compulsory. Incomplete assessments will therefore not considered.
Please include a copy of your academic transcripts and identity document with your application.
Shortlisted applicants will be subjected to psychometric assessment and security clearance as part of the selection process.
The closing date for applications is 07 April 2024. Late applications will not be considered.
In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

SARB: 2024 Graduate / Internship Programme

Closing Date: 07 April 2024
The South African Reserve Bank (SARB) is looking for productive and talented postgraduates to join its one-year programme in January 2024.
Graduates will work and learn at the SARB Head Office in Pretoria from January to December 2024. During the year, they will be assigned to a department and exposed to various roles and projects.
The programme courses
During the programme, graduates will attend courses at the SARB Academy for approximately 30 days. Courses include monetary policy, macroprudential policy and financial stability, bank supervision and regulation, financial markets and reserves management, currency issuance and management as well as personal and professional skills such as making presentations, impactful reporting, data analysis, teamwork, personal mastery and diplomacy. Graduates can also choose from the following electives:

Basic financial risk management
Economic concepts and indicators
Public finance
Financial markets and instruments
Anti-money laundering
The national payment system

After the first year
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 make a contribution 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;
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 policy making;
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
Public finance
Accounting
Statistics
Financial management
Information technology
Law
Portfolio or investment management
Mathematics
Quantitative analysis
Risk management
Treasury
International relations

How To Apply

Apply Online for the SARB Graduate / Internship Programme 2024