Are you a top-performing graduate curious about a career in financial services? RMB’s Graduate Programme is your gateway to a fulfilling career where exceptional people thrive.
What does the programme offer?
In their first year, graduates go through a comprehensive development programme aimed at equipping them with the skills they need to succeed. This development programme includes: The future fit programme, designed to build the graduates business understanding, critical thinking, complex problem solving, general awareness as well as resilience. The graduates typically work on a business project and will present their solution to a panel consisting of some RMB Exco members.
What you can look forward to:
- Accessing tailored learning and development.
- Attending monthly group coaching sessions and access to designated graduate coaches.
- Monthly group catch-up with the Young Talent team.
- Building a community through various engagements (virtual and in-person) with grad alumni.
- Access to Wellness Centre and Gym fitness programmes.
Characteristics of an RMB Grad
- Strong academic achievement throughout university
- Entrepreneurial spirit
- Comfortable with change and agile
- Highly motivated and driven
- Involvement in extra-curricular activities (societies, forums, community work, tutoring, sports and culture)
- Able to network and build strong relationships
Qualifying criteria
- Postgraduate degree (Honours degree or higher) in Finance, Mathematics, Engineering, Statistics, Computer Science, Information Technology, Economics
- Average of 65%
- Less than 12 months working experience
- South African citizen
- Programme must be attended in person in Sandton, Johannesburg (not remotely).
Frequently asked questions
When and why was the RMB Graduate Programme developed?
The RMB Graduate Programme was established in 2007 to develop and nurture young talent and create a pipeline of leaders in the bank. The programme has since enabled many graduates to kick-start their working careers and grow them into senior roles within the organisation.
What does an ideal candidate for the RMB Graduate Programme look like?
If you have:
A postgraduate degree (Honours degree or higher) in Finance, Mathematics, Engineering, Statistics, Computer Science, Information Technology, Economics, Actuarial Science, Data Science / Analytics.
Strong academic achievements throughout university (average 65% min).
An entrepreneurial spirit.
Been involved in extra-curricular activities (societies, forums, community work, tutoring, sports and culture). You could just be the ideal candidate that we’re looking for.
What type of training and development can graduates expect at RMB?
The RMB Graduate Programme offers a combination of formal and on-the-job training and learning opportunities. As a graduate you can attend group training sessions and/or enroll for additional individual courses to further your studies and grow your skills. RMB also has a very generous study leave policy.
How important are academic qualifications?
While academics are important, you do not have to be a summa cum laude to succeed. We welcome people from diverse backgrounds who can use their diverse perspectives and mindsets to develop innovative solutions for our clients.
Do extramural achievements count at all?
Absolutely. We’re looking for well-rounded individuals and lateral thinkers who push boundaries, question the norm and have excelled in academics, culture and/or sport.
Does the RMB Graduate Programme offer rotations?
The RMB Graduate Programme is predominantly a rotational programme. Rotations are however dependent on the business area graduates are employed in and may differ from one to the next.
Does the RMB Graduate Programme offer exposure to international opportunities?
As our graduates are mostly hired into direct roles in South Africa, international mobility is not currently offered on the programme.
What does “flat structure” really mean?
RMB is known for being non-hierarchical. That means our employees have access to all levels of management in the organisation. You are therefore free to meet and consult with any employee at any level of seniority at RMB to learn and grow. Remember: learning is a two-way street, so you may find that senior employees also learn from graduates.
Is the RMB Winter School a separate programme to the RMB Graduate Programme?
The Winter School forms part of the recruitment and selection process into the Graduate Programme. Qualifying candidates will make one application to the RMB Graduate Programme, then, if selected, will receive an invite to the RMB Winter School.
Does RMB offer coaching and mentoring to graduates?
Yes, our graduates have access to formal monthly group or individual coaching. We believe coaching and mentoring is a powerful tool for employees to learn, grow and evolve their careers.
Can graduates get involved in Diversity, Equity and Inclusion (DE&I) projects?
RMB is a place where all people, regardless of race, age, social standing, disability, language, sexual orientation or gender, are encouraged to show up authentically and fearlessly reach their potential. We appreciate the uniqueness that each person brings to create diverse thinking to come up with innovative solutions for our clients. RMB aims to reflect the societies in which we operate at all levels of the organisation, ensuring that our decision-making forums are diverse and inclusive.
How invested is RMB in the mental wellness of graduates?
Employee wellness is one of our top priorities. We encourage all employees to make use of all the wellness services on offer at all our campuses, including:
- ICAS (Independent Counselling and Advisory Services)
- State of the art gym facilities
- Medical centres
Does RMB offer students bursaries?
RMB does not currently offer a formal bursary programme, but employees and students can enquire about bursary opportunities offered by the FirstRand Foundation (https://studytrust.org.za/frft-bursary/)
What is the duration of the RMB Graduate Programme?
The Programme is offered over 12 months, however each candidate will be offered a permanent position across various business units at RMB after completing the programme.
Is the RMB Graduate Programme open to foreign nationals?
The RMB Graduate Programme is open to South African citizens only.
Is the RMB Graduate Programme hybrid or in-person?
RMB is a very high touch organisation where employees thrive on interpersonal relationships. At the start of their careers, graduates will need to form a community of like-minded individuals who regularly interact in-person. It is for this reason that the RMB Graduate Programme is based Sandton, Johannesburg.
Does RMB support CSI initiatives?
RMB has a big network of organisations that we support through the RMB Hug Fund. Graduates will have the opportunity to raise funds for a charity of their choice. The Hug Fund will then match whatever amount they raise to support that particular charity.
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I believe that we have a role to continuously nurture our young talent. Just giving them a job is simply not enough. We need to make sure that they are valued, heard and can meaningfully contribute from day one. Our Graduate Programme is geared to empower our young talent who are kick-starting their careers for an amazing career at RMB.”
Rob Leon, Co-Head: Investment Banking Division