Internships

Stanbic Bank is Recruiting Youths – Graduate Programme [2024]

Business Banking

Stanbic Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Stanbic Bank Africa’s largest bank by assets and one of the world’s leading banks, the Industrial and Commercial Bank of China (ICBC) have renewed their strategic cooperation partnership for another five years. The partner institutions continue to lead the Africa-China trade and investment markets, jointly providing unequalled expertise and capabilities to individuals and businesses trading between Africa and China.

Stanbic Bank Wealth and Investment was the recipient of two awards in this year’s Professional Wealth Management (PWM) Global Private Bank Awards.

Join a committed group of 50 000+ people who stand behind one common purpose: Africa is our home, we drive her growth.  Standard Bank firmly believes that our people are their greatest competitive advantage. “It’s only through our people’s expertise and dedication that we are able to bring our purpose and strategy to life in service of our clients and society at large”. 

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The bank’s origins can be traced to 1862, when a group of businessmen led by the prominent South African Politician John Paterson who formed a bank in London initially under the name Standard Bank of British South Africa.

Stanbic Bank clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

In 1992 the bank acquired the operations of ANZ Grindlays Bank in eight African countries. Most of the newly acquired banks were renamed Stanbic Bank, to avoid confusion with the former parent (and now competitor), Standard Chartered, which continued to operate in Africa.

Several more banks in Africa were acquired during the 1990s, and adopted the Stanbic name. Standard Bank now trades under the name Stanbic Bank in Botswana, DRC, Ghana, Kenya, Malawi, Nigeria, South Sudan, Tanzania, Uganda, Zambia and Zimbabwe.

In 1969 the Standard Bank Investment Corporation (now Standard Bank Group) was established as the holding company of the South African bank. During the 1970s and 1980s Standard Chartered gradually reduced its shareholding, and sold its remaining 39% stake in Standard Bank Group in 1987, transferring complete ownership of the holding company to South African investors and in particular Liberty Life.

Job Description

Our Business Banking Coverage segment provides broad-based client solutions to a wide spectrum of small, medium and large enterprises. Our support extends across the 14 sectors in which we operate; providing our clients with deep sector knowledge and solutioning expertise. We have partnered with businesses for over 160 years, and it is our approach to client relationships that truly distinguishes us, encapsulated by the phrase ‘partnering for growth’.

Our Business Banking Coverage SA Graduate Programme seeks to foster the minds and passions of young South Africans in driving the growth of our businesses thereby making a significant contribution to our country’s economy.  Through this programme, you will be exposed to our various sectors and industries, client relationship principles and using analytical capabilities to better partner with our clients for their growth. 

  • To grow and retain a portfolio of high-value Premium & Growth Segment relationships through partnering for growth using an ecosystem mindset to proactively provide a high-end differentiated service with premium solutions that add value.
  • To support the Relationship Manager with the day-to-day administrative functions, portfolio management, entrenchment, and operational functions for an allocated portfolio. To ensure that all compliance requirements within the portfolio are met and act as a central contact point for the client, providing sales and service fulfilment aligned to segment targets.
  • Is accountable for assisting Relationship Manager in the day-to-day execution of their credit portfolio.

Application closing date: 30 June 2024

Qualifications

FAIS accredited Undergraduate or Honours qualification in: 

  • BCom Accounting / Finance / Statistics / Economics 
  • BSc Statistics / Financial Risk Management  
  • BSc / BCom Agriculture  

Undergraduate qualification to be completed by 31 December 2024

Click Here to Apply

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