ABOUT THE COMPANY PROVIDING THE INTERNSHIP:

The South African Reserve Bank (SARB) was established in 1921 and is the central bank of South Africa. SARB ensures that financial stability and price for South Africans are maintained through a service of good economic well-being. SARB’s other responsibilities are designing/distributing banknotes/coins, regulating the South African financial sector, ensuring the cash reserve requirements are set for the bank, management of interest rates, and ensuring continuous stability of this.

DETAILS ABOUT THE INTERNSHIP PROGRAMME:

Location: Pretoria, Gauteng
Contract duration: 1 year

The SARB Academy is offering a 1-year graduate/ internship position to postgraduate candidates. The programme is aimed at talented and productive graduates and will start in January 2022

During the programme, the candidate will be exposed to many departments of the SARB. The candidates will be located at the SARB Head Office in Pretoria and will engage in various projects and roles in their assigned departments.

During the programme, for about 40 days, the candidate will partake in learning interventions at the SARB Academy. The purpose of these interventions is to expose the candidate to aspects of central banking and create professional bankers. The candidate will also acquire skill such as reporting, presentation, teamwork, etiquette, business disciplines, and personal excellence (just to name a few.)

MINIMUM REQUIREMENTS NEEDED TO APPLY:

Before applying, please ensure that you meet ALL of the following minimum entry criteria – failure to satisfy all the requirements will result in your application being disqualified:

• Must be a South African Citizen
• Must have completed a graduate degree in any of the following fields:
  Accounting, Auditing, Econometrics, Economics, Economics and international relations, Financial Management, Information Technology, Law, Mathematics, Modelling, Policy analysis, Public finance, Portfolio or investment management, Quantitative analysis, Research, Risk Management, or Treasury
• Must have an minimum overall average of 65%
• Must have a history of excellent academics
• Must be passionate about policy-making and financial services
• Must have excellent communication skills
• Must have excellent interpersonal

HOW TO APPLY FOR THE INTERNSHIP POSITION:

Applications must be submitted online for the following position:
SARB Academy Graduate Programme/ Internships
(Reference number: IRC30571)

Attach the following documents to your application:

• A copy of your Identity Document
• Copies of your relevant/ latest academic transcripts

Please note:
– Only shortlisted candidates will be contacted
– Shortlisted candidates will be required to undergo a mandatory psychometric assessment, reference check and security clearance check
– Preference will be given to candidates from previously disadvantaged groups
– Individuals living with disabilities are encouraged to apply
– Remuneration and benefits will be based on the candidate’s experience and competence

CONTACT THE INTERNSHIP PROVIDER FOR QUERIES:

For any queries related to this internship programme, please contact SARB’s Head Office directly:
Telephone number: 012 313 3911/ 086 112 7272