South African Reserve Bank Graduate Development Programme for South Africans

South African Reserve Bank Graduate Development Programme for South Africans


Job Title: Graduate Intern - Data Science

Location: Pretoria,ZA

Organization Name: ZARB Academy - Programme Delivery

Department Description
SARB Academy

Brief Description

The South African Reserve Bank (SARB) is looking for talented postgraduates to join its one-year Graduate Development Programme in January 2023.

What the SARB Does

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 the stability of both the banking sector and the wider financial system.

Description

Data science is an inter-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data.

The core outcome of this programme is to develop deep capabilities in advanced analytics in central banking.

Detailed Description

Graduates will be placed in the Business Solutions and Technology Department (BSTD) at the SARB from January to December 2023.

During the programme, graduates will attend various learning interventions, including technical training, at the SARB Academy.

The programme offers opportunities for a Data Science track, and graduates will work in a Data Lab environment from time to time, on various use cases.

Duration of the Programme

One year.

Job Requirements

To be considered as a SARB Graduate, candidates must have a postgraduate qualification or be in the process of completing a postgraduate qualification (ideally completed the course work) in one of the following fields:

  • Data Science

  • Machine Learning/Artificial Intelligence

  • Predictive Analytics Modelling

  • Statistics

  • Applied Mathematics

  • Economics with Econometrics

  • Engineering

  • Business Mathematics and Informatics

    Additional Requirements

    Prospective candidates must:

  • Be South African citizens;

  • Be curious, innovative and self-motivated individuals with strong analytical skills;

  • Have a proven track record of academic excellence, with an overall average mark of 70% and above;

  • Have excellent communication and interpersonal skills;

  • Coding with R and Python (will be an added advantage).

    Remuneration and Benefits

    Graduates will receive a market-related salary and additional benefits for the duration of the programme.

    How To Apply

    Apply online.

    All the available vacancies will be visible.

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

    Closing Date

    The closing date for applications is 30th October 2022. Late applications will not be considered.

    Selection Process

    Shortlisted applicants will be invited to participate in interviews and will be subjected to a psychometric assessment, an appropriate reference check and a security clearance as part of the selection process.

    In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups.

    Correspondence will be limited to shortlisted candidates only.

    Kindly send any programme-related questions to the following email address.
    datasciencegdp@resbank.co.za

    For more information and job application details, see: South African Reserve Bank Graduate Development Programme for South Africans

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