South African Reserve Bank: Internship Programme 2021


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Brief Description:

The South African Reserve Bank (SARB) invites innovative and talented applicants to apply for its Data Science Graduate Development Programme for 2021.

The SARB serves the economic well-being of South Africans through maintaining price and financial stability. It is responsible for regulating the South African financial sector, designing and distributing banknotes and coin, management of interest rates, setting the cash reserve requirement for banks, and ensuring stability of both the banking sector and the wider financial system.

Detailed Description

Data science is an inter-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from many structural and unstructured data. The core outcome of this programme is to develop deep capabilities in advanced analytics in central banking.

Format of the programme

Graduates will be placed in the Business Systems and Technology Department at the SARB Head Office from January to December 2021.

During the programme, graduates will attend various learning interventions at the SARB Academy as well as technical training.

The programme offers opportunities for a Data Science track, and graduates will work in a Data Lab environment from time to time, on various use cases.

Job Requirements

have postgraduate qualification or be in the process of completing a postgraduate qualification in one of the following fields:


·        Data Science

·        Machine Learning/Artificial Intelligence

·        Predictive Analytics Modelling

·        Statistics

·        Applied Mathematics

·        Econometrics

·        Information Technology

·        Engineering

·        Business Mathematics and Informatics

·       be a South African citizen;

·       be a curious, innovative and self-motivated individual with strong analytical skills;

·       have a proven track record of academic excellence; and

·       have excellent communication and interpersonal skills

The closing date for applications is 25 November 2020. Late applications will not be considered.


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