careers advice

Banking and Finance

Overview

Types of jobs in this sector: Accountancy, banking and finance, business administration, economics, sociology, statistics, computer science, law including other specialist careers for example energy, agriculture, etc

Banking and financial institutions

a) Monetary authority

  1. South African Reserve Bank- For a comparison of some central banks see South Africa: Financial Institutional Structure.
  2. Corporation for Public Deposits (see SA Reserve Bank)

b) Locally controlled banks

(registered in terms of the Banks Act)

African Bank Ltd
BoE Private Clients (a division of Nedbank)
Bidvest Bank Limited
Capitec Bank Ltd
Fairbairn Private Bank (a division of Nedbank)
FirstRand Bank Ltd
First National Bank (a division of FirstRand Bank)
Imperial Bank Ltd (a subsidiary of the Nedbank Group)
Investec Bank Ltd
Marriott Corporate Property Bank Ltd. (a subsidiary of Marriott Holdings Ltd.)
MEEG Bank Ltd
Nedbank Group Ltd
Nedbank (a division of the Nedbank Group)
Old Mutual Bank (a division of Nedbank)
Peoples Bank (included in Nedbank)
Go Banking (a division of Nedbank in association with Pick ′n Pay)
Rand Merchant Bank (a division of FirstRand Bank)
Regal Treasury Private Bank Ltd (in liquidation)
Rennies Bank Ltd (now a division of Bidvest Bank)
RMB Private Bank (a division of FirstRand Bank)
Sasfin Bank Ltd
Standard Bank of SA Ltd, The
TEBA Bank Ltd
Wesbank (a division of FirstRand Bank)

c) Foreign controlled banks

(registered in terms of the Banks Act)

Absa Bank Ltd (a member of Barclays Bank Group)
Albaraka Bank Limited
Habib Overseas Bank Limited
HBZ Bank Limited (a subsidiary of Habib Bank)
Islamic Bank Limited (in liquidation)
Mercantile Bank Limited
South African Bank of Athens Limited, The

d) Branches of foreign banks

(registered in terms of the Banks Act) also see Reserve Bank

ABN AMRO Bank N.V.
Bank of Baroda
Bank of China, Johannesburg Branch
Bank of Taiwan, SA Branch
Barclays Bank plc (now incorporated into Absa Bank)
Credit Agricole Corporate and Investment Bank SA
China Construction Bank, Johannesburg Branch
Citibank N.A.
Commerzbank Aktiengesellschaft
Deutsche Bank AG
HSBC Bank plc, Johannesburg Branch
JPMorgan Chase Bank, N.A., Johannesburg Branch
Société Générale, Johannesburg Branch
Standard Chartered Bank, Johannesburg Branch
State Bank of India

e) Representative offices of foreign banks

(registered in terms of the Banks Act)

To be provided - see Reserve Bank
Mutual banks

(registered in terms of the Mutual Banks Act)

GBS Mutual Bank
VBS Mutual Bank

f) Other banks

Development Bank of Southern Africa
Land and Agricultural Development Bank of South Africa
Postbank
Savings and credit co-operatives (SACCOs) See The Savings and Credit Cooperative League of SA (SACCOL)

g) Bank related organisations

Banking Association South Africa
Institute of Bankers in South Africa
Bankserv (joint bank utility company)
South African Reserve Bank (central bank)
South African Banking Risk Information Centre
Bank for International Settlements (BIS)
International Monetary Fund (IMF)
World Bank

Reference: SA Financial Sector Forum

Writing Cvs: Same as standard generic CVs but with specific experience and qualifications to banking and finance.

International company CVs: International and national banking and financial institutions have their own recruitment process including graduate programmes and provide a specific format for their CV and application process.

Reference: Barclays Bank Careers

Application forms: Same advise as generic information but relevant to banking and finance.

Preparing for Interviews: Same as advise as generic information and include: International banking and finance companies have their individual recruitment process which will be stated on websites or through the recruitment process so it is best to check with them.

Reference: generic references or specific relevant individual company information.

Vacancies and internships:

Best Jobs South Africa
Careers24
Careerjet
Indeed
Ioljobs
JobVine
Jobisjob
SimplyHired
JobSpace
Junction.co.za
Financial jobs.co.za
JobMail

Institutions/Societies:

South African Institute of Financial Markets
The Institute of Bankers in South Africa
Southern African Finance Association
CFA Institute
The Banking Association of South Africa
Financial Planning Institute of Southern Africa