South African Reserve Bank: Data Science Graduate Internships 2024
South African Reserve Bank invites unemployed graduates to apply for the Data Science Graduate Internship Programme 2023 / 2024.
Internship Application Closing Date: 12 October 2023
Internship Location: Pretoria, Gauteng South Africa
The South African Reserve Bank (SARB) is offering a Graduate Development Programme for postgraduates in 2024, with a focus on data science and analytics. Here are the key details and requirements for the program:
About SARB: The South African Reserve Bank serves the economic well-being of South Africans by maintaining price and financial stability. It regulates the South African financial sector, manages interest rates, designs and distributes banknotes and coins, sets cash reserve requirements for banks, and ensures the stability of the banking sector and the broader financial system.
Programme Description:
- Duration: One year, from February to December 2024.
- Focus: The core outcome of the program is to develop capabilities in advanced analytics in central banking, particularly in the area of data science.
- Placement: Graduates will be placed in the Business Solutions and Technology Department (BSTD) at the SARB.
- Learning Interventions: Graduates will participate in various learning interventions, including technical training, and work on unique and complex business problems.
Requirements: To be considered for the SARB Graduate Development Programme, candidates must have a postgraduate qualification or be in the process of completing one in the following fields:
- Data Science
- Machine Learning/Artificial Intelligence
- Predictive Analytics Modeling
- Statistics
- Applied Mathematics
- Economics with Econometrics (advantageous)
- Information Technology
- Engineering
- Business Mathematics and Informatics
- Coding with R and Python
Additional Requirements:
- Must be South African citizens.
- Should be curious, innovative, and self-motivated individuals with strong analytical skills.
- Must have a proven track record of academic excellence, with an overall average mark of 65% and above.
- Excellent communication and interpersonal skills are required.
- Evidence of participation in data science competitions (e.g., Kaggle) and/or contributions to projects on GitHub/Gitlab is advantageous.
Remuneration and Benefits:
- Graduates will receive a market-related salary and additional benefits during the program.
How to Apply:
- Selection Process:
- Shortlisted applicants will be invited to participate in interviews.
- They will undergo a psychometric assessment, reference checks, and a security clearance as part of the selection process.
- Application Procedure:
- Interested candidates are invited to apply online via the SARB website at www.resbank.co.za.
- All available vacancies will be visible on the website.
- Follow the links: WORK @ SARB > Latest vacancies (register and apply online).
- You can either register if it’s your first visit or log in if you’re already registered.
- Select ‘Date posted’ > ‘Last 3 weeks’ to view the relevant advertisement.
- Include a CV, copy of your academic transcript, and your identity document with your application.
The closing date for applications is 12 October 2023, and late applications will not be considered. For program-related questions, you can contact datasciencegdp@resbank.co.za.
Please note that preference will be given to suitable candidates from designated groups, as part of the SARB’s commitment to diversify its workforce.
