Standard Bank Relationship Banking Learnership


Advertiser: Standard Bank
Location: Johannesburg

Communication Summary:
The learnership is an 18 month programme which will allocate successful candidates to the Relationship Banking area in the bank where they will be spending time applying their learning, when they are not formally or informally engaged in training activities.

The Message:
Successful candidates will be required to sign a 18-month fixed term employment contract as well as a learnership contract. They will not be paid a salary but will receive a learner allowance of R5,000.00 per month for the duration of the learnership. Upon successful completion candidates will obtain a recognised National Certificate in Banking NQF 5.

Qualifying Criteria: The candidate must:
- Be between the ages of 18-30
- Be able to speak, read and write English
- Have completed Matric
- Have completed a 3-year Financial related or Banking Qualification
- Be computer literate
- Not be permanently employed
- Not be studying at any other institution
- Not be registered on any other learnership

Recruitment Process:
- Closing date for applications 28 February 2014
- Candidates will be required to complete relevant assessments
- The following checks will be conducted:
-- Register for Employees Dismissed (RED) checks;
-- Credit and criminal record checks;
-- Reference checks with previous employers;
-- Verification of educational qualifications; and
-- Proof of South African citizenship / South African residency / work permit.

Closing date: 28 February 2014

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.