Standard Bank Group Compliance Graduate Programme 2013/14

Advertiser: Standard Bank
Location: Johannesburg

During the course of this intensive 18-month programme, you'll learn about the different disciplines involved in compliance management through both academic learning and practical experience. This will include a number of rotations in our compliance, internal audit, personal and business banking, and corporate and investment banking areas, where you'll be exposed to the different portfolios and aspects of compliance risk in our businesses.

You'll tackle ad hoc assignments in different business areas as well as taking a variety of in-house courses designed to develop your compliance risk management skills, you may also be expected to attend the Certificate in Compliance Risk Management course at the University of Johannesburg.

By the end of the programme, you'll have extensive knowledge and skills in compliance risk management, gained in a number of business areas, and will be a competent Compliance Officer. And the skills you've developed will prepare you for a successful and enjoyable career in compliance

With the perfect mix of academic learning and practical experience, you'll experience many different areas of our business.

Our Compliance function is an independent function, part of governance and assurance division. We provide consultation and support in the following areas: Regulatory expectations, Reputational risk issues, Our position on sanctioned jurisdictions, New business initiatives and acquisitions and Regulatory relationships

Our function is key, because we ensure that the bank complies with all statutory, supervisory and regulatory requirements, so that we don't suffer regulatory sanctions and put the bank's reputation at risk. This is particularly important in the current economic climate, when corporate governance and compliance failures in the global financial services industry have gained a lot of media attention, which has led to a loss of confidence in the free market system.

Required Skills and Qualifications
You'll need a three-year qualification from a recognised South African university, such as a B.Com, LLB, B.Proc or similar, ideally with risk management as a major or third year subject. Either way, you will need to be a South African citizen who's a confident communicator with a drive to enter into a compliance career. An analytical approach is essential, together with the ability to adapt to different challenges and the confidence to recommend solutions in a pressurised environment. With an eye for detail, you'll also need the ability to tackle a number of tasks at the same time, either working in a team or on your own initiative.

We are an equal opportunities employer and are totally opposed to discrimination in any form. It is our policy to provide equal employment opportunities for all employees regardless of race, sex, colour, nationality, national or ethnic origin, sexual orientation, marital / partnership status, religion, age or disability.

Closing date: 16 August 2013

Click here to apply
Definitions:

Internship:

There are basically two types of internships:

  • The Undergraduate Internship: Usually with bigger organisations that pick undergraduates to attend the internship. It often takes places during the holidays and the average durations is a few weeks. In most cases the intern will receive some sort of stipend or salary and this type of internship may lead to a job offer to the intern once he / she is finished with their studies.
  • The Graduate Internship: This type of internship could be paid or unpaid and it is to gain practical work experience after the qualification has been completed and in a job related to the qualification. It could be from a few weeks or even one or two years long. This type of internship could also lead to permanent employment.

Learnerships:

A learnership is an occupational qualification and it consists of theory and work-based experience and practical skills, with formal assessment and a qualification. At the end of the learnership the candidate may be offered permanent employment.

In-service training:

In-service training is to gain practical work experience during studies. It usually takes place after a few years of theory has been successfully completed. It is essential work experience that is part of the qualification and the in-service training is necessary to achieve the qualification. It could be paid or unpaid.