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ABSA Group offers internship programs, graduate opportunities and full-time career roles for individuals passionate about contributing to the financial services industry, IT, marketing, human resources, risk management, compliance, and more. These opportunities are ideal for students, graduates, and professionals seeking experience in dynamic and client-focused environments.
Internships and careers at ABSA provide exposure to cutting-edge financial technologies, large-scale banking operations, and sustainable practices. The organization emphasizes mentorship, professional development, and fostering a culture of innovation, inclusivity, and excellence.
Popular Internship and Career Roles at ABSA
1. Banking and Finance
Interns in this category gain practical exposure to frontline banking services. Banking Interns interact with customers, manage accounts, and assist in selling financial products. Relationship Manager Trainees learn to support clients with their financial goals, offering solutions such as loans and investment products. Credit Analyst Trainees focus on evaluating credit applications, assessing borrower risk, and contributing to responsible lending practices.
2. Risk Management and Compliance
These roles prepare interns to protect ABSA from financial and legal risks. Risk Analyst Trainees help identify, assess, and manage risks associated with lending and investments. Compliance Interns assist in ensuring the bank adheres to regulations and policies, with a particular focus on anti-money laundering efforts and fraud prevention, reinforcing the integrity of financial operations.
3. Information Technology (IT)
IT interns support ABSA’s digital infrastructure and innovation goals. IT Support Interns provide day-to-day technical assistance to staff and troubleshoot system issues. Software Developer Trainees work on building and maintaining banking applications that drive digital banking services. Data Analyst Trainees help interpret large datasets to inform business strategies related to customer behavior, risk mitigation, and process optimization.
4. Marketing and Sales
This area introduces interns to brand-building and revenue generation. Marketing Interns contribute to the planning and execution of promotional campaigns and customer engagement strategies. Sales Associate Trainees develop skills in customer service and product knowledge, learning to sell financial solutions tailored to individual customer needs, thereby supporting ABSA’s retail growth.
5. Finance and Accounting
Interns in finance and accounting roles support the financial health of the bank. Finance Interns help prepare budgets, financial reports, and manage internal transactions. Treasury Trainees gain insights into liquidity management, foreign exchange operations, and investment strategy, playing a role in maintaining the bank’s financial stability and capital efficiency.
Salaries and Stipends for ABSA Internships and Careers
1. Internship Stipends
Interns at ABSA typically receive a monthly stipend to cover basic expenses. Below are general ranges:
Internship Stipends : ZAR 5,000 – ZAR 12,000 per month
Exact amounts depend on the department, location, and level of education (e.g., undergraduate vs. postgraduate).
2. Entry-Level Salaries
For full-time positions after completing an internship or degree:
- Banking Officer : ZAR 18,000 – ZAR 30,000 per month
- Risk Analyst : ZAR 22,000 – ZAR 35,000 per month
- IT Specialist : ZAR 25,000 – ZAR 40,000 per month
- Finance Assistant : ZAR 18,000 – ZAR 30,000 per month
- HR Assistant : ZAR 18,000 – ZAR 28,000 per month
- Sales Representative : ZAR 15,000 – ZAR 25,000 per month (plus performance-based incentives)
3. Benefits for Full-Time Employees
In addition to salaries, full-time employees may receive benefits such as:
- Medical aid
- Pension contributions
- Employee discounts on financial products
- Professional development opportunities
- Performance bonuses
Requirements for ABSA Internships and Careers
Educational Qualifications
Internships :
Enrolled in or recently completed a relevant degree or diploma program (e.g., finance, IT, business, economics). Strong academic performance is preferred.
Full-Time Roles :
A bachelor’s degree or higher in a relevant field is typically required. Advanced degrees or certifications (e.g., CFA, ACCA, IT certification) may be advantageous for specialized roles.
How to Apply for ABSA Internships and Careers
There are several ways to apply for internships and full-time roles at ABSA:
Official Website
- Visit the official website of ABSA Group : www.absa.africa
- Navigate to the “Careers” or “Job Opportunities” section to view current internship and job openings.
- Create an account, upload your CV/resume, and apply directly to the positions that match your qualifications.