The FirstRand: Quant and Analytics Graduate Programme 2025
About FirstRand
FirstRand's story traces back to its origins in South Africa, where it established itself as a pioneering force in the banking industry , fundamentally
transforming how financial services were both delivered and consumed. As it
evolved, the group extended its reach beyond South Africa, venturing into
various African markets including Namibia, Botswana, Zambia, Mozambique, and
Tanzania, among others. This expansion underscores FirstRand's commitment to serving
diverse communities across the continent. With a comprehensive suite of
banking, insurance, and investment products, FirstRand has consistently
demonstrated innovation by embracing technology and leveraging data-driven
insights to address the ever-changing needs of its clientele. This dedication
to innovation has enabled the group to maintain its position as a leader in the
industry.
Beyond financial performance, FirstRand is deeply committed
to fostering sustainable growth and making a positive impact on society. This
commitment is evident in its ethical business practices, robust corporate
governance standards, and extensive social responsibility initiatives. By
prioritizing sustainability and societal welfare, FirstRand has earned a
reputation not only for its financial prowess but also for its contributions to
the broader community.
About The FirstRand Quant and Analytics Graduate Programme
FirstRand is a leading financial services group in Africa
with a rich history spanning over four decades. Established in 1977, FirstRand
has grown to become one of the continent's foremost banking institutions,
renowned for its innovative approach, customer-centric approach , and commitment to
excellence. As part of its ongoing commitment to nurturing talent and fostering
innovation, FirstRand is proud to announce the launch of its Quant and
Analytics Graduate Programme for the year 2025. This programme presents a
unique opportunity for aspiring quantitative analysts and analytics professionals
to embark on a rewarding career journey within one of Africa's most dynamic and
forward-thinking financial institutions. In this article, we will look into
the details of the FirstRand Quant and Analytics Graduate Programme 2025,
including its job description, requirements, and application process.
The FirstRand Quant and Analytics Graduate Programme 2025 is
designed to groom talented individuals for careers in quantitative analysis and
data analytics within the financial services sector. As part of this programme,
graduates will have the opportunity to work alongside seasoned professionals
and gain hands-on experience in leveraging data and advanced analytical
techniques to drive business insights and decision-making. Key responsibilities
of participants may include:
- Conducting quantitative research and analysis to support
risk management, trading strategies, and financial modelling.
- Developing and implementing statistical models and machine
learning algorithms to optimize business processes and improve performance.
- Collaborating with cross-functional teams to identify
opportunities for innovation and efficiency enhancement through data-driven
approaches.
- Communicating findings and recommendations to stakeholders
through reports, presentations, and visualizations.
Requirements
The requirements for this opportunity
specify that individuals who are currently enrolled in their Honours year in
disciplines such as Mathematics, Statistics, Data Science, Actuarial Science,
or Engineering are encouraged to apply. This criterion is designed to target
individuals who have already completed their undergraduate studies and are now
pursuing further specialization in these specific fields.
Individuals pursuing studies in these disciplines typically
possess strong analytical and problem-solving skills, as well as a solid
foundation in mathematics and quantitative methods. They are often sought after
in industries such as finance, technology, consulting, and research, where
there is a growing demand for professionals with expertise in data analysis, modelling,
and decision-making. Therefore, this opportunity provides an ideal platform for
individuals in their Honours year to further develop their skills and knowledge
and embark on a rewarding career path in their chosen field.
All appointments will adhere to the FirstRand Group's
Employment Equity plan. The Bank is committed to promoting the recruitment and
progression of individuals with disabilities. Candidates are encouraged to
voluntarily disclose any disability information to assist us in fulfilling this
objective. Any disclosed information will be treated confidentially by the
Bank, unless legal requirements dictate otherwise.
Documents Required
Applicants must submit the following required documents in a
single PDF format:
- Motivational letter and CV
- South African ID
- Grade 12 Certificate
- Undergraduate transcript
Additionally, applicants should
currently be enrolled in or intending to pursue a postgraduate degree (NQF 8 or
above) in fields such as Actuarial Science, Data Analytics, Mathematics,
Statistics, Risk Management, or Engineering. This academic background is
crucial for the programme's requirements and objectives.
How to Apply
Prospective applicants are invited to submit their
applications for the FirstRand Quant and Analytics Graduate Programme 2025 via
the company's official website. The application procedure requires the
submission of a CV, academic records, and a cover letter detailing your
enthusiasm for quantitative analysis and analytics, along with pertinent skills
and experiences. Candidates who are shortlisted will need to complete
psychometric assessments and participate in an interview. Once the recruitment
process is concluded, all applicants will receive feedback regarding the status
of their applications. Use the following link to apply; https://firstrand.wd3.myworkdayjobs.com/en-US/FRB/login?redirect=%2Fen-US%2FFRB%2Fjob%2FXMLNAME-2025-FirstRand-Quant-and-Analytics-Graduate-Program_R5264%2Fapply%2FautofillWithResume
If your application is accepted, you will have the chance to
join one of the diverse entities under the FirstRand Group umbrella. These
encompass:
- FNB
- RMB
- WesBank
- Ashburton Investments
- Aldermore (UK)
It's important to note that the FirstRand Quant and
Analytics Graduate Programme spans two years and involves rotations across
various divisions. This structure provides you with the opportunity to engage
in significant projects, collaborate with senior professionals, and refine your
skills.
Closing Date
The closing date for applications for the FirstRand Quant
and Analytics Graduate Programme 2025 is [04 May 2024]. Applicants are
encouraged to submit their applications well before the deadline to ensure
consideration.
Shortlisted candidates will need to participate in
psychometric assessments and attend an interview. All applicants will be
notified of the outcome of their applications upon completion of the
recruitment process. Please be aware that we will only review applications
submitted through the online platform Workday. Incomplete applications will not
be considered. The FirstRand Quant and Analytics Graduate Programme 2025 offer
an exciting opportunity for aspiring quantitative analysts and analytics
professionals to kick-start their careers in the financial services industry.
With its rich history, commitment to excellence, and dedication to nurturing
talent, FirstRand continues to be a preferred destination for ambitious
individuals looking to make a difference in Africa's banking landscape.