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Absa Bank: Stockbrocking and Portfolio Management Learnership 2024

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JOB OVERVIEW

Absa Bank invites qualifying professionals to apply for the Stockbrocking and Portfolio Management Learnership 2024.

Closing date: 24 December 2023

Training and Development: Benefit from a structured learning program that includes on-the-job training, mentorship from experienced professionals, and opportunities to pursue relevant certifications.

Duration: The learnership program is designed to last 12 months and will provide a holistic understanding of stockbroking and portfolio management.

Absa is committed to finding local solutions to uniquely local challenges and everything we do is focused on adding value and shaping Africa’s future.

Step into your future and be part of an organisation that understands the power of collaborative minds in the Fourth Industrial Revolution.

ABOUT ABSA

Absa Group Limited, commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa Group Limited until 2018, is a multinational banking and financial services conglomerate based in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange. 

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Bring your possibility to life! Define your career with us!

JOB PURPOSE

Join our dynamic team and kickstart your career in stockbroking and portfolio management through our comprehensive learnership program.

This opportunity is designed to provide hands-on experience and professional development in the exciting world of financial markets.

KEY RESPONSIBILITIES

Market Analysis: Learn to analyze financial markets trends, and stay updated on economic indicators.

Trading Support: Assist in Back office Trade Support, monitor asset class trade lifecycle events & understand the financial transactions involved , collaborate with senior professionals to optimize internal processes.

Portfolio Management: Learn to provide client administrative support to Portfolio Managers enabling SPM to deliver excellent customer service to high net-worth clients

Client Relations : Gain exposure to client Relations & Client Interactions, I,E Understand the functions of the onboarding team involved in the 1st and 2nd tier checking, validation, control and reporting of all requirements in the Regulatory Know Your Customer (KYC) and Anti-Money Laundering and Sanctions process and procedures for all client relationships in accordance with regulatory requirements, policy guidelines, business rules and legal framework. Learning effective communication and relationship-building skills.

Risk Management: Understand and implement risk management strategies to safeguard investments and mitigate potential losses.

Regulatory Compliance: Stay informed about industry regulations and ensure all activities comply with relevant financial

MINIMUM REQUIREMENTS

  • Bachelor’s degree or Diploma in Finance, Economics, or related field.
  • South African Institute of Financial Markets (SAIFM) Certificate or equivalent to NQF level 5 (Preferred)

  • Strong analytical skills and attention to detail.
  • Excellent communication and interpersonal skills.
  • Passion for financial markets and eagerness to learn.

HOW TO APPLY

Interested candidates should submit their resume with a cover letter detailing their motivation for joining the learnership program

Join us on this exciting journey to develop your skills and make a meaningful impact in the world of stockbroking and portfolio management.

You apply online for this exciting opportunity. Please click on the link below to view further detail and/ or apply.

Absa Bank Limited is an equal opportunity, affirmative action employer.


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