Nedbank South Africa Graduate Program 2012

Category: Banking Jobs in South Africa, Graduate Jobs in South Africa
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Posted: Sep 16, 2011


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Nedbank has 11 divisions that perform different functions and offer a variety of career opportunities. Graduate opportunities are currently available in the following divisions:

Nedbank Retail

Nedbank Retail offers leading banking and financial services to individuals and small businesses. The many products and services available from Nedbank Retail are grouped into transactional, card, lending, investment and insurance solutions. The diverse clients served by this division can be broadly grouped into high-net-worth, affluent, youth, family, senior and small-business segments. The needs of these clients are met via a range of banking channels, including traditional branches, ATMs and digital access such as internet, telephone and cellphone banking.

The business operating model is organised around its product and client segment areas, overlaid by the servicing and delivery channels and further underpinned by three support services divisions.

The client segments include private banking, consumer banking (which includes the youth, family and senior segments) and small-business services.
The product segments include cards (both card-issuing and merchant-acquiring services), home loans, personal loans, bancassurance, vehicle and asset-based finance, transactional banking and specialised products such as wills, stockbroking and portfolio advice.
The three support services divisions are:
Shared Services, which provides support, including human resources, finance, projects, strategic planning and business intelligence services.

Retail Risk, which is responsible for the monitoring of compliance and all risks, including credit and operational risk, and for providing legal services to the division.

Retail Marketing, which provides marketing support to the various business divisions and assists in coordinating marketing activities across the broader Nedbank Group.

Over the past few years Nedbank Retail has achieved significant success thanks to its competitive product and price offerings backed by superior client service.

Qualifications and skills



At Nedbank Retail we employ graduates with skills and qualifications ranging from commerce (business management, marketing, human resources, economics, accounting, etc), computer science, IT, mathematics, statistics, engineering, communications and auditing to risk and many more. All fields of study are considered.

Nedbank Corporate

The Nedbank Corporate Division is made up of the client-focused businesses of Corporate Banking, Property Finance and Nedbank Africa, as well as the specialist businesses of Transactional Banking, Shared Services and Investor Services. These provide mainly lending, deposit-taking and transactional banking solutions and services to Nedbank’s corporate client base.

Corporate Banking provides banking and financial services to companies with an annual turnover of over R400 million and generates an income for Nedbank Group through a variety of lending, transactional banking, business structuring and advisory services, as well as wholesale funding, treasury execution and global trade activities.

Property Finance specialises in the provision of commercial and industrial property finance to medium- to large-sized developers and organisations in the corporate market. The division also invests in property equities and in large property developments in partnership with select clients.

Nedbank Africa has banking operations in Lesotho, Malawi, Namibia, Swaziland and Zimbabwe and operates in the retail and wholesale banking markets in each of these countries. Thanks to a strategic business alliance with Ecobank, the largest Pan-African banking group, and the resultant network of more than 1 000 branches in 30 countries, this business area in particular offers a number of excellent career opportunities.

Transactional Banking provides product development and support, as well as specialist transactional banking solutions and services to Corporate Banking and Business Banking clients.

Shared Services provides transaction execution services for local and foreign payment and trade activities, client service centres and client migration project teams.

Investor Services offers custodial services to entities trading on JSE Limited and facilitates share-lending activities.

Qualifications and skills

The skills and qualifications required for a graduate in Nedbank Corporate range from commerce (business and financial management, economics and accounting), information systems and technology and BSc (quantity surveying or equivalent) to an NDip in Property, Construction and Valuations, and many more.

The very nature of the businesses requires people who strive for excellence and are enthusiastic self-starters with great networking and communication skills. You should also be ambitious, creative, and have strong analytical abilities.

Nedbank Business Banking

Nedbank Business Banking provides a variety of financial and banking services to companies with an annual turnover of between R7,5 million and R400 million.

Business Banking’s approach is one of partnership and it strives to develop long-term relationships with its clients to help them grow their businesses. With over 67 offices across South Africa, Business Banking is in a position to gain an indepth understanding of the local environment within which each of its clients operates, while also making its varied services easily accessible to those clients.

To achieve this Nedbank Business Banking is organised into 13 separate regions, which roll up into four geographically defined business units. Each of these regions operates as a decentralised, empowered business that has the ability to make its own business decisions. Ultimate responsibility for each region rests with the regional business heads.

By structuring the business like this, Nedbank Business Banking clients enjoy a single point of contact via the division’s many professional business managers and the larger client service teams within which they operate. These include sales, credit and service staff.

Qualifications and skills

Nedbank Business Banking requires diverse qualifications ranging from sales, credit, information systems and technology and financial and business accounting to administration and many more. The division is looking for innovative team players with strong analytical and communication skills who are passionate about delivering business results.

Nedbank Capital

Nedbank Capital is one of South Africa’s preeminent investment banks and comprises a number of talented finance structuring, lending, underwriting and trading teams. The division’s operations span the full spectrum of investment banking, and it provides seamless, specialist advice, debt and equity raisings and execution, as well as trading capabilities in all the major South African business sectors.

Principal clients of Nedbank Capital include many of the country’s top 200 domestic corporates, parastatals, leading financial institutions, non-South African multinational corporates, major infrastructure and mining projects in Africa, as well as emerging BEE consortiums. The business boasts significant expertise in the energy, resources, infrastructure, BEE and industrials sector and partners with clients in these sectors across the African continent.

Due, primarily, to the dynamic business environment in which it operates, Nedbank Capital prides itself on its high-performance culture, and particularly values innovation, fresh thinking, teamwork and accountability in its employees.

Qualifications and skills

The skills and qualifications required of a graduate in Nedbank Capital range from commerce, business science and mathematics to engineering and many more. All fields of study are considered.

Nedbank capital requires graduates with strong academic qualifications who have the ability to work in teams. We’re looking for individuals who bring innovation and intellect to the team, but also demonstrate drive and creativity, who together with us can Make Things Happen.

Nedbank Group Technology

Group Technology is Nedbank’s centralised technology unit, which has responsibility for all components of the group’s technology processing, development and systems support.

The group’s IT systems, databases, technology infrastructure, software development and IT projects and programme management are centrally managed to provide economies of scale and facilitate cohesive groupwide service-oriented architecture technology that supports and enables the bank’s business strategies.

The Group Technology Division focuses on building Nedbank’s future IT landscape, which in turn guides the three-year technology and business-aligned roadmaps. Group Technology is committed to providing flexible and cost-effective information technology solutions that are able to evolve quickly and easily to suit the ever-changing requirements of Nedbank Group’s business divisions.

Qualifications and skills
We require a diverse range of skills and qualifications from programming, infrastructure support and maintenance, information systems and technology to computer science and many more.

Our business requires people that are creative, analytical, innovative, have good problemsolving skills and are able to work in teams.

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