The Standard Bank Graduate Programmes

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About Standard Bank

Standard Bank is a renowned financial institution with a rich history dating back over 150 years. Established in 1862 in South Africa, it has since grown to become one of Africa's largest banking groups, with a presence in 20 countries across the continent. Throughout its history, Standard Bank has played a pivotal role in driving economic growth and development in Africa, serving as a trusted partner to individuals, businesses, and governments. Over the years, the bank has continually evolved and adapted to meet the changing needs of its customers, leveraging innovation and technology to deliver cutting-edge financial solutions. Today, Standard Bank remains committed to its founding principles of integrity, excellence, and service, while continuing to expand its footprint and make a positive impact in the communities it serves.

About The Standard Bank Graduate Programme

Standard Bank, a leading financial institution with a rich history spanning over a century, offers a variety of graduate programmes aimed at nurturing young talent and providing them with the tools and experiences needed to excel in the dynamic world of finance. Among these programmes are the CIB Technology Graduate Programme, CIB Quant Graduate Trainee Programme, and the Accountant CA Training Programme. Each programme is designed to attract bright minds, offering structured learning, mentorship, and hands-on experience to kickstart successful careers in the banking industry.

 1. CIB Technology Graduate Programme:

The CIB (Corporate and Investment Banking) Technology Graduate Programme at Standard Bank is tailored for individuals with a passion for technology and innovation. Graduates on this programme will work within the technology division, collaborating with teams to develop and implement cutting-edge solutions to support the bank's business operations and enhance customer experiences.

The graduate programme is designed to attract individuals who not only possess strong technical expertise but also demonstrate potential to become influential thought leaders and reliable collaborators. The programme combines theoretical learning of both technical and interpersonal skills with hands-on experience. Participants will undergo various rotations, gaining exposure to the entire life cycle of the CIB Technology business. This encompasses understanding application and technology architecture processes, including analysis, design, development, testing, and deployment, as well as familiarization with operational, maintenance, and support procedures in live production environments. 

Moreover, the programme emphasizes working with a wide range of technologies to provide the business with a competitive edge. Common technologies across CIB include JAVA, Angular, GO, C, C#, C++, AWS, AZURE, Salesforce, AKS, Docker, Terraform, Kubernetes clustering, SQL (Oracle, Sybase, MS SQL Server, Mongo), Matlab, Source Code repositories (GIT, SVN), Bitbucket Server, GIT Lab, Source Tree, Agile framework (JIRA), Confluence Wiki, Scripting (Murex, Java, Shell, Unix), VBA.Upon successful completion of the programme, graduates will possess the necessary knowledge, skills, and practical experience to embark on their careers with confidence and contribute effectively to the success of CIB Technology within the Standard Bank Group.

Requirements/Qualifications:

Candidates must possess or be in the process of completing a Post Graduate qualification in 2024 in one of the following fields:

·         Computer Science

·         Artificial Intelligence and Machine Learning

·         Electronic Engineering

·         Mathematics, Applied Mathematics, Financial Mathematics

·         Statistics

·         Informatics, Information Systems

·         Software Development

·         Software Engineering

·         Data Engineering

·         Data Science

·         Quantitative Risk Management

How to Apply:

Interested candidates can apply through the Standard Bank careers website. The application involves submitting a CV/resume, academic transcripts, and a cover letter outlining one's motivations and suitability for the programme. Use the following link to apply; Standard Bank CIB Technology Graduate Programme Application

Closing Date:

The closing date for applications varies each year, so candidates are encouraged to check the Standard Bank website for the most up-to-date information on application deadlines. Use the following link to check closing dates; Standard Bank Careers Website

2. CIB Quant Graduate Trainee Programme:

The CIB Quant Graduate Trainee Programme is designed for individuals with a strong background in quantitative finance and a keen interest in applying mathematical models to solve real-world financial problems. Graduates on this programme will work closely with quantitative analysts and traders, gaining exposure to various aspects of quantitative finance, risk management, and trading strategies.

Requirements/Qualifications:

To be considered, candidates must meet the following criteria:

1. Hold at least a postgraduate degree in one of the following fields:

·         Finance-related disciplines such as Actuarial Science, Mathematics of Finance, or Business Mathematics and Informatics (e.g., BCom Hons/BSc Hons or above).

·         General Science disciplines with some exposure to Finance, such as Physics, Pure/Applied Mathematics, Statistics, Computer Science, or Engineering (e.g., MSc/MEng).

·         Be a South African Citizen.

·         Possess no more than two years of work experience.

·         Attain a minimum average of 60% across all academic years.

·         Collaborating effectively with peers

·         Demonstrating resilience

·         Utilizing creative problem-solving and thoughtful decision-making skills

·         Exhibiting curiosity and a readiness to acquire new knowledge

·         Maintaining a positive outlook and displaying self-assurance

How to Apply:

Prospective candidates can apply online through the Standard Bank careers portal . The application process involves submitting a CV, academic transcripts, and a cover letter detailing one's interest in quantitative finance and relevant experience. Use the following link to apply; Standard Bank CIB Quant Graduate Trainee Programme Appliation

Closing Date:

As with other graduate programmes, the closing date for applications may vary. Applicants are advised to check the Standard Bank website for the most current information on application deadlines. Use the following link to check closing dates; Standard Bank Careers Website

3. Accountant CA Training Programme:

The Accountant CA (Chartered Accountant) Training Programme is designed for aspiring accountants who are pursuing or have recently completed their Chartered Accountancy qualifications. Participants in this programme will gain hands-on experience in various areas of accounting, auditing, and financial reporting, working alongside experienced professionals to develop their skills and knowledge.

Requirements/Qualifications:

• Successful completion or nearing completion of a SAICA accredited Certificate in the Theory of Accounting (CTA).

• Possession of a Postgraduate Diploma in Accounting (PGDA) or a comparable qualification.

• Attainment of an Honours (HNS) degree in Accounting.

• Holding a Graduate Diploma in Accounting (GDA) or its equivalent.

• Following the completion of GDA, CTA, or PGDA, eligibility to take the ITC Board assessment is mandatory.

Note: Candidates in the process of completing CTA level 1 or BCTA (Bridging course into CTA) are ineligible to apply for the program.

How to Apply:

Interested individuals can apply for the Accountant CA Training Programme through the Standard Bank careers website. The application requires submission of a CV, academic transcripts, and a cover letter highlighting one's interest in accounting and career goals. Use the following link to apply; Standard Bank Accountant CA Training Programme Application

Closing Date:

Applications will be accepted from February 7th to June 30th, 2024.

Standard Bank's graduate programmes offer invaluable opportunities for young professionals to kickstart their careers in the finance industry. Whether aspiring technologists, quantitative analysts, or accountants, graduates can benefit from structured learning, mentorship, and exposure to diverse experiences within one of Africa's leading financial institutions. By fostering talent and providing a platform for growth and development, Standard Bank continues to shape the future of banking while empowering the next generation of finance professionals. Applicants are encouraged to explore the various graduate programmes offered by Standard Bank and take the first step towards a rewarding career in finance.

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