(1562) ERD Winter School - ERD

About

Description

The winter school is a week-long in-person experience designed for postgraduate students in economics, statistics, mathematics, finance, and actuarial science. It provides exposure to leading international and local research insights. Students engage in action-based learning projects related to central banking and experience the SARB's culture. The SARB Winter school may lead to consideration for the SARB Graduate Development Programme.

Responsibilities

• Monetary Policy
• The Constitution gives the SARB the mandate to protect the value of the rand
• We use interest rates to keep inflation low and steady
• Financial Stability
• The SARB has a mandate to protect and enhance financial stability
• We identify and mitigate systemic risks that might disrupt the financial system
• Prudential Regulation
• The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability
• Financial Markets
• Open market operations are the main tool we use to implement monetary policy
• We manage South Africa’s gold and foreign exchange reserves
• Financial Surveillance
• The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions
• Payments and Settlements/ The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system
• Statistics
• The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa
• Research
• Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance
• Our research supports policy decision-making
• Banknotes and Coin
• The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa

Qualifications

• The SARB will consider postgraduates or students studying towards a postgraduate qualification with capability in at least one of the following areas:
• Economics | Statistics | Mathematics | Finance | Actuarial Science
• Students need to meet certain requirements to apply
• You meet the requirements if you:
• Have completed or are about to complete a postgraduate degree (see degree focus areas below);
• Have attained or expect to attain an average of over 70% in your final year;
• Have a strong desire to work in financial services and/or policymaking;
• Have a proven track record of academic excellence;
• Have excellent communication and interpersonal skills;
• Are a curious and keen learner; and are unemployed

Application instructions:

• Apply now