South African Reserve Bank (SARB)
The South African ReserveBank (SARB) invites all passionate, innovative and talented applicants to apply for its 2025 Information Technology Internship (Grow-IT) based in Pretoria
Job Detail
- Location: Pretoria, Gauteng
- Job Type: Internship
- Job Industry: Financial Services; Information Technology
- Contract: Fixed-Term
- Duration: 12 months
- Closing date: 30 May 2024
About the Internship
Grow-IT aims to address the current and future skills needs of the SARB’s Business Solutions and Technology Department (BSTD) in response to the departmental strategy and workforce planning. This includes capacity and capability building, succession planning and growing future talent in the department.
During the programme, interns will acquire technical and behavioural competencies based on their areas of specialisation. Successful applicants will be placed within the information technology (IT) environment.
The duration of the programme is one-year (the Bank reserves the right to extend the contract, based on performance).
Qualification
To be considered for this internship, candidates must:
- have a National Diploma (NQF 6) in IT, Computer Systems Engineering or
- have a degree (NQF 7) in Informatics (BCom or BSc), Computer Science, Data Science, Information Systems, Mathematics, Software Engineering or Statistics;
- be a South African citizen;
- be between the ages of 18 and 35 years; and
- be curious, self-motivated and innovative.
Candidates are requested to indicate their field(s) of specialisation or preference(s) in any of the following fields:
- Data Engineering
- Java Development
- Microsoft Cloud/DaaS
- Open Text/AppWorks
- Data Centre Operations
- Cybersecurity Operations
- National Cash Management
- Governance, Risk and Compliance
- ServiceNow System Administration
- Data Governance and Data Management
Application Process
Click here to get to the online form and then follow the instructions given.
If the post has expired or the link no longer works, you can search for other jobs at www.jobsandmore.co.za.
About SARB
Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:
The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.
The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.
Monetary Policy
The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.
Financial Stability
The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.
Prudential Regulation
The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.
Financial Markets
Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.
Financial Surveillance
The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.
Payments and Settlements
The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.
Statistics
The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.
Research
Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.
Banknotes and Coin
The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.
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