ABSA GenA Global Market 2025
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In the dynamic landscape of
global finance, ABSA, one of Africa's leading financial institutions,
introduces the ABSA GenA Global Market 2025 program. This initiative not only
marks a significant milestone in ABSA's commitment to fostering financial innovation
but also presents an unparalleled opportunity for aspiring talents to delve
into the world of global markets and make a substantial impact.
About ABSA
ABSA, formerly known as the
Amalgamated Banks of South Africa, is one of South Africa's largest financial
services groups, offering a range of banking and wealth management services to
individuals, businesses, and institutions. Founded in 1991 through the merger
of several South African banks, ABSA has a rich history that dates back over a
century. The bank's origins can be traced to the early 20th century when
various regional banks were established across South Africa. Over the years,
ABSA has expanded its footprint both domestically and internationally,
solidifying its position as a leading financial institution on the African
continent. Today, ABSA is known for its innovative banking solutions,
commitment to customer service, and contributions to the economic development
of South Africa and beyond.
About the GenA Market 2025: Shaping the Future of Finance
The Global
Markets graduate program provides a unique 18-month experience, where
participants are fully immersed in diverse Markets Trading and Sales desks.
Through this journey, you will navigate through a spectrum of desks including
Fixed Income, Equities, Foreign Exchange, Counterparty Risk Trading,
Structuring, Credit, and Prime. Engage in transactions and trades across the
African continent, guiding your path towards professional development and
achievement.
Participants of the GenA Market 2025 program will have the opportunity to
- Cultivate your expertise in
trading, risk management, and sales within one of Africa's largest investment
banks.
- Embark on a 12-month leadership
development odyssey designed to shape you into a future leader of Africa. This
journey focuses on personal leadership, personal branding, design thinking,
digital agility, innovation, disruption, team effectiveness, strategic
thinking, and analytical problem-solving.
- Immerse yourself in the fast-paced realm of
Global Markets.
- Receive guidance from desk
heads, mentorship from senior leadership, and peer support from program alumni
to unlock your potential and launch your career.
- Forge connections with seasoned
professionals in the field.
- Contribute meaningfully to society through
Absa's Force for Good (CSI) initiatives."
Who Are They Looking for: Identifying Ideal Candidates
The organization seeks
individuals who demonstrate intelligence, energy, and a proactive approach to
problem-solving, particularly in the realm of financial markets. We are
interested in candidates who are seeking a new challenge and are eager to
embark on their journey in the Global Markets sector.
Eligibility Requirements
To qualify for the GenA Market
2025 program, candidates must adhere to the following guidelines:
- Hold South African citizenship
Qualification Discipline
Requirements:
- Possess a qualification in one
of the specified disciplines, including but not limited to:
- Accounting and Auditing
- Actuarial Science
- Aeronautical Engineering
- Business and Management Studies
- Chemical Engineering
- Chemistry
- Civil Engineering
- Computer Science
- Economics
- Electrical and Electronic Engineering
- Finance
- General Management
- Geography and Environmental Sciences
- Industrial Engineering
- Information Systems
- Information Technology
- Manufacturing Engineering
- Mathematics
- Mechanical Engineering
- Mining Engineering
- Physics
- Statistics
- Quantity Surveying
- Completion of qualification
must be achieved by or before March 31, 2025
- Hold a Master’s Degree or
equivalent qualification, or be in the process of completing it by March 31,
2025
OR
- Qualify in one of the listed
disciplines and complete the qualification by March 31, 2025
- Maintain an aggregate score of
at least 65%
- Hold an Honours degree or
equivalent qualification
- Possess less than two years’
full-time work experience
Skills Required
Behavioural Competencies
- Analytical Thinking: Ability to
evaluate situations and make informed decisions based on data and logic.
- Continuous Learning:
Willingness to acquire new knowledge and skills to adapt to evolving
challenges.
- Decision Making: Capacity to
make sound judgments and choices, considering various factors and potential
outcomes.
- Initiative: Proactive approach
to identifying and addressing opportunities or challenges.
- Motivating Others: Inspiring
and encouraging team members to achieve their best performance.
- Proactivity &
Self-Motivation: Taking initiative and driving oneself towards goals without
constant supervision.
- Problem Solving: Aptitude for
identifying, analysing, and resolving complex problems effectively.
- Resilience / Tenacity: Ability
to persevere and bounce back from setbacks or obstacles.
- Teamwork: Collaboration and
cooperation with others to achieve shared objectives.
- Time Management/Priority
Setting: Efficiently organizing tasks and allocating resources to meet
deadlines and prioritize goals.
- Valuing Cultural Diversity:
Appreciation and respect for different backgrounds, perspectives, and
experiences.
- Work Ethic: Dedication to
completing tasks diligently and to the best of one's ability.
Technical Competencies
- Cognitive Flexibility:
Adaptability and openness to new ideas, concepts, and approaches.
- Financial Analysis: Examination
of financial data to assess performance, risks, and opportunities.
- Investment Analysis: Evaluation
of investment opportunities to determine their potential returns and risks.
- Client Service/Communications:
Effective communication and relationship-building skills to meet client needs
and expectations.
- Strong Communication Skills:
Clear and articulate communication, both written and verbal.
- Market Research & Analysis:
Gathering and interpreting market data to inform business decisions and
strategies.
- Commercially Savvy: Understanding
of market dynamics, trends, and competitive landscapes.
- Business Plan Preparation and
Evaluation: Developing, assessing, and refining business plans to achieve
organizational objectives.
- Data Analysis: Interpretation
and manipulation of data to extract insights and inform decision-making.
- Ability to Work Within a
High-Pressure Environment: Capacity to perform effectively and maintain
composure in demanding and fast-paced situations.
Perks of the ABSA GenA Market 2025 Programme
Participants of the GenA Market
2025 programme can look forward to a range of exclusive perks and benefits,
including:
- Wellness initiatives
- Access to religious facilities
- 18-month fixed-term contract
- Provided laptop
- Flexible work arrangements
How to Apply
To apply for the GenA Market 2025
program, candidates must complete the online application form available on the
ABSA careers website. Click here to apply.
Application Deadline
Candidates should note that the deadline
for submissions to the ABSA GenA Global Market 2025 Programme 2025 is June 30,
2024. It is advisable for applicants to frequently monitor the ABSA careers
portal and official communication channels for any changes or updates regarding
application timelines and deadlines.
The ABSA GenA Global Market 2025
programme represents a unique opportunity for talented individuals to embark on
an exciting journey in finance and innovation. By leveraging the resources,
expertise, and global reach of ABSA, participants can unlock their full
potential and make a meaningful impact on the future of finance.
