South African Reserve Bank (SARB) graduate development programme for youths

Deadline: October 12th 2023 | South African Reserve Bank (SARB) Graduate Development Programme For Youths

Title: South African Reserve Bank (SARB) Graduate Development Programme For Youths
Organisation: South African Reserve Bank (SARB)
Fund/Grant: Paid Salary
Deadline: October 12th 2023
Eligible countries: South Africa

The SARB promotes South Africans’ economic prosperity by preserving price and financial stability. The control of interest rates, the creation and distribution of banknotes and coins, the setting of the cash reserve requirement for banks, the regulation of the South African financial sector, and the stability of the banking industry and the broader financial system are all under its purview.

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Description

  • In the multidisciplinary subject of data science, knowledge and insights are derived from both structured and unstructured data using scientific methods, procedures, algorithms, and systems. The main goal of this plan is to build strong capabilities in central banking for advanced analytics.

The program’s structure

  • From February through December 2024, graduates will be employed by the SARB’s Business Solutions and Technology Department (BSTD). While retaining the section about participating in learning interventions at the SARB Academy, graduates will participate in a variety of learning interventions throughout the programme, including technical training as they will be assigned to a business department where they will work on distinctive and complex business problems.
  • There are options for a Data Science track in the programme.

Requirements for South African Reserve Bank (SARB) Graduate Development Programme For Youths

  • Candidates must hold a postgraduate degree in one of the following subjects, or be working towards one (preferably having finished the course work), in order to be eligible to be designated a SARB Graduate.
  • The study of data.
  • Artificial intelligence and machine learning.
  • Modelling for predictive analytics.
  •  Information. The use of mathematics.
  • Econometrics applied to economics. (Would Be Beneficial)  Computer technology
  • Technology.
  • Informatics and Business Mathematics.
  •  R and Python coding.

Additional conditions Potential candidates should:

  • Be citizens of South Africa;
  • Possess good analytical abilities and be inquisitive, creative, and motivated persons;
  • Have a track record of academic excellence, with a 65% or higher total average;
  • Have outstanding interpersonal and communication skills;  have proof of participation in data science competitions (such as Kaggle); and/or 
  • Have contributions to GitHub/Gitlab projects (would be an added plus).

Compensation and advantages

  • For the length of the programme, graduates will receive a market-related salary and other benefits. How to use Anyone interested is encouraged to submit an online application at www.resbank.co.za.
  • Every position that is open will be shown. • Thanks for visiting these links: Latest job openings at SARB (register and apply online). • Login (top right corner of the screen):
  • Are you visiting our Job Site for the first time? Register right away (be sure to list all of your credentials and abilities throughout the registration procedure); or
  • Have an account on our job site already? Already signed up? Register here.
  • In order to read the entire advertisement, choose the proper IRC number under “Date posted” > “Last 3 weeks” (in the drop-down menu).
  • Please submit your application along with your resume, a copy of your academic transcript, and a copy of your identity document.
  • the deadline
  • The application deadline is October 12, 2023.
  • Late applications won’t be taken into consideration.

selecting a candidate

  • An proper reference check, a security clearance, and a psychometric evaluation will all be conducted on shortlisted candidates before inviting them to participate in interviews. The SARB will give qualified applicants from designated groups preference in keeping with its commitment to a diverse workforce. Only the candidates who have been shortlisted will be contacted. Please email datasciencegdp@resbank.co.za with any inquiries about the programme.

For more information, visit the South African Reserve Bank (SARB) Graduate Development Programme 2024/2025 Official Website.

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