The FirstRand: Quant and Analytics Graduate Programme 2025

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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.

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