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Company profile

At Absa we’re committed to finding local solutions to uniquely local challenges and everything we do is focused on adding value. To this end we offer all our clients across the continent a range of retail, business, corporate and investment, and wealth management solutions as well as ensure a positive impact in all the countries where we operate.

We’re a truly African brand, inspired by the people we serve and determined to always be brave, passionate and ready so that we can make Africa proud.

Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 42 000 employees.  Our group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique,the Seychelles , South Africa (Absa Bank), Tanzania (Barclays Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

Our purpose is bringing possibilities to life. Possibilities are abundant. Possibilities are generous. Possibilities connect those with the passion to create a shared future.

Our story is one of people coming together to reflect on what matters most and giving voice to their hopes and aspirations. Collectively our journey is one of becoming customer obsessed, acknowledging the strength of our people and delivering results sustainably, with an African heartbeat.

With purpose comes responsibility. Possibilities exist in every moment. Moments become meaningful experiences for ourselves and others when we align our values to our actions. This is how we bring possibilities to life.

 


What are we looking for?

SAICA Trainee Accountant Program:

The purpose of the South African Institute of Chartered Accountants (SAICA) program is to provide our handpicked SAICA trainees with the relevant experience and competencies needed to qualify as efficient and competent accountants at the end of their 3-year training contract. This is attained by rotating trainees, for 6 to 8 months at a time, into business areas across the Bank that are able to provide the appropriate training.

We place your professional and personal development at the forefront of your journey as an Absa SAICA trainee, with technical and soft skill training underpinning your day-to-day job. As a trainee, your growth will be further cemented by coaching, mentoring, conference attendance and participation with the wider Absa Graduate Program (Gen A) on an array of learning programs.

Our Executive Committee (Exco) is fully supportive of our trainees and take pride in your growth and achievement. For this reason, each quarter, an Exco member will host a Trainee engagement session where you will have the opportunity to network with the Leadership of the Bank. With your involvement with your peers on the Gen A program, you will be able to seize each networking opportunity, at all levels, across the Bank. Absa will provide financial assistance for exam fees, tuition for the SAICA board exams to better equip you with the knowledge and skills that are fundamental to pass. This is further complemented by generous study leave benefits that are specific to the program.

Once you have successfully completed the 3 years of practical experience and the SAICA exams, you will qualify as well rounded Chartered Accountants (South Africa) (CA (SA)) with an exciting career trajectory.

Entry criteria:

We encourage you to apply for the program if you are currently enrolled for an Honors degree in the Certificate in the Theory of Accounting (CTA).

The CIMA Trainee Accountant Program:

The purpose of the Absa Chartered Institute of Management Accountants (CIMA) program is to provide our handpicked CIMA trainees with the relevant experience and competencies needed to qualify as efficient and competent accountants at the end of their 3-year training contract. This is attained by rotating trainees, for 6 to 8 months at a time, into business areas across the Bank that are able to provide the appropriate training.

We place your professional and personal development at the forefront of your journey as an Absa CIMA trainee, with technical and soft skill training underpinning your day-to-day job. As a trainee, your growth will be further cemented by coaching, mentoring, conference attendance and participation with the wider Absa Graduate Program (Gen A) on an array of learning programs.

Our Executive Committee (Exco) is fully supportive of our trainees and take pride in your growth and achievement. For this reason, each quarter, an Exco member will host a Trainee engagement session where you will have the opportunity to network with the Leadership of the Bank. With your involvement with your peers on the Gen A program, you will be able to seize each networking opportunity, at all levels, across the Bank. Absa will provide financial assistance for exam fees, tuition for the CIMA objective tests and case study exams to better equip you with the knowledge and skills that are fundamental to pass. This is further complemented by generous study leave benefits that are specific to the program.

Once you have successfully completed the 3 years of practical experience and the CIMA exams, you will qualify as a well rounded Chartered Global Management Accountants (CGMA) with an exciting career trajectory.

Entry criteria:

We encourage you to apply for the program if you are currently enrolled for an Honors degree (or higher) in Financial Management that will provide you with exemptions for the CIMA Managerial level (objective tests P2, F2 & E2).

 


How to apply

Please use the link provided.

Apply online

Closing date : 2020-07-31

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Bursary details

Each year we select a handful of the most promising students who we believe have what it takes to move our business forward.
 
Our Bursary Programme provides financial support to full-time students, enabling them to complete their education and potentially pursue a career with us upon qualifying. 
 
  • Applicants must be South African citizens, currently at an accredited university or planning to enter tertiary education in 2019.
  • Undergraduate students must have achieved a minimum average of 70% in  the 2019 academic year.

Applicants should be studying to complete a Bachelor’s degree in one of the following disciplines:

  • Computer Science
  • Informatics, Information Technology
  • Data Science
  • Statistics
  • Analytics
  • Actuarial Sciences
  • Financial Mathematics
  • Engineering (industrial, financial, or process)
  • Other relevant Mathematical Sciences
 

Bursary closing date : 2020-08-31

* Tip: Click on the hyperlinked closing date to view all employers bursaries matching the date.

Work experience details

Graduate Programme:

The Rising Eagles Graduate Programme has evolved into the Gen A Grad Programme, reflecting Absa’s role in shaping Africa’s future. The Gen A Grad Programme will be bringing together a new generation of our continent’s talent with the vision of creating tomorrow’s leaders. That’s Africanacity. That’s Absa. 

The GenA Grad Programme is designed for grads who are on their A-game, and believe in not just building a career, but also building our continent.  This 10-month structured development journey will equip new graduates with the fundamental skills required to transition effectively into Absa as young professionals

Gen A Corporate and Investment Banking

Corporate and Investment Banking: Investment Banking, Corporate Banking, Client Engagement and Commercial Property Finance.

Feel the pace of international finance by delivering financial advisory, capital raising, financing and risk management services to clients worldwide. Corporate and Investment banking offers opportunity within the following areas:
- Banking (Investment)
- Corporate Banking
- Client Engagement
- Commercial Property Finance

Banking

Learn and develop advisory expertise, local financing and legal and jurisdictional frameworks, to enables you and your team to service the needs of the rapidly-expanding African economy. Develop a deep understanding of clients’ needs to create bespoke solutions within the market. Particular areas of specialism include:
- Corporate Finance, and Mergers and Acquisitions
- Equity Capital Markets

Corporate Banking

Learn to build relationships with industry specialists and product expert teams, to provide integrated solutions to businesses, financial institutions, and large local and global corporates, to help them enhance their trading status achieve their domestic and international trade objectives.
Areas we specialize in include:
- Debt finance
- Cash Management
- Trade and Working Capital
- Open Account Finance
- Corporate Product Management
- Authenticated Collections
- Global Finance and Transactional Banking

Client Engagement

By developing a deep understanding of clients’ business objectives, challenges and opportunities, Client Engagement is all about delivering the best service to our global clients.

Commercial Property Finance

Commercial Property Finance (CPF) offers competitive, market leading property finance solutions across our African footprint, as well as cross-border funding solutions in other jurisdictions. Our property segments include Retail, Office, Industrial, Residential (with a specific focus on Affordable Housing) and Specialised Properties.

Work with and develop your skills alongside a dedicated team of property finance experts with extensive experience in structuring tailor-made, innovative financing solutions. Our property financing products include Investments Loans, Development Loans, Mortgage Backed Business Loans, Lease Discounting and Vacant Land.

Gen A Actuarial Analyst

WIMI (Wealth Investment Management and Insurance) offers actuarial professionals the most diverse career opportunities across the Absa group, spanning life insurance, general insurance, pensions and health care consulting, investments, HR analytics, banking (corporate, retail, private, business and investment), big data and analytics, enterprise risk management, exposure to Rest of African entities etc. We have several actuaries at Executive level across the bank’s divisions. Our actuarial offering in terms of study policy, work ethic, remuneration and career planning is second to none and is constantly monitored to ensure dynamic competitiveness. As part of the BAGL group, we receive generous benefits such as discounted finance for vehicles and homes, free bank accounts, ABSA rewards, etc. With just about 100 actuarial employees, inclusive of 20 qualified actuaries, there is no shortage of career guidance, sharing, exam support and networking opportunities to help you optimise your career. We are an actuarial community bounded by several internal events such as our annual internal actuarial convention, actuarial sports day and exam celebratory luncheons. We are always on the look-out for talented professionals to join this diverse and broad organisation.

Gen A Risk Analyst:

Risk professionals evaluate, monitor and track the risks we face as an organisation. As our business and the world evolve and develop so do these risks. As a bank it is imperative to respond to these risks in order to support and protect our business, customers and clients.

Graduates will be part of an 18 month programme entering into a risk function. Graduates will have a chance to work across various teams, not fulfilling a specific role within the risk function, being part of a separate unit known as the Risk Rotation Lab. The overall objective of the role is to provide graduates with a broader understanding of a risk appetite; develop technical job related skills across principal and key risks; get to know different team members and place graduates in the team best suited for their skill set.

Gen A Global Markets Analyst:

et a broad set of skills by rotating across different Markets Trading and Sales desks throughout the 18-month programme. Based on your preference and business needs you could rotate across a selection of these areas within Global Markets: Fixed Income, Equities, Foreign Exchange, Structuring, Credit, QA, and Prime. You have the opportunity to get exposure to the growing African market in which we operate. You will be allocated a buddy to assist and guide you throughout the programme.

You are wanting to work in a dynamic environment that will give you exposure to a network of professionals who will help guide and enable your career progression. You want to be part of a structured development programme that will connect you to graduates from across the continent giving you the skills to be self-empowered and cross-culturally competent. You will master the art of a design mindset whilst applying novel and adaptive thinking that will prepare you for the future world of work.

Internship: Industrial and Organisational Psychology:

The Industrial and Organisational Psychology internship is a one year programme, accredited with the Health Professions Council of South Africa (HPCSA). The aim of the programme is to upskill M.Com Industrial Psychology students towards registering as an Industrial Psychologist (Independent Practice).

The programme includes six domains, which consists of:

Organisational psychology;
Human resource (personnel) psychology;
Career psychology and employee wellness/wellbeing;
Testing and assessment;
Elective (project) and;
Professional ethics.
Interns are required to complete 260 days of the programme, completing all the domains, within the 12 months (1 year) period. Interns will be assigned to two supervisors, an internal senior Industrial Psychologist within the organisation and an external Industrial Psychologist from a recognized academic institution.

During the internship, interns will be evaluated on a logbook and quarterly reports; adding value to the organisation as well as the industry of Industrial Psychology.


Work experience closing date : 2020-08-31

* Tip: Click on the hyperlinked closing date to view all employers work experience matching the date.