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South African Reserve Bank

Chartered Accountant (CA) Trainee Programme 

The South African Reserve Bank invites innovative and talented applicants to apply for its 2021 Chartered Accountant training programme.

The role of the South African Reserve Bank (SARB)
The SARB serves the economic well-being of South Africans through maintaining price and financial stability. It is responsible for regulating the South African financial sector; designing and distributing banknotes and coin; managing of interest rates; setting the cash reserve requirement for banks; and ensuring stability of both the banking sector and the wider financial system.
Description of the programme
The aim of the programme is to address the shortage of chartered accountants (CAs) in the SARB and in the country.
Trainees are given an opportunity to acquire the prescribed competencies of the South African Institute of Chartered Accountants (SAICA), reinforce prior academic education, and develop business acumen, life skills as well as professional and ethical values.
Format of the programme
Trainees are placed on rotation in the various departments and subsidiaries of the SARB, thus obtaining practical experience and a good overview of the business of central banking.
SAICA Elective Competencies include:
  • Management decision-making and control, and
  • Internal Audit, Risk Management and Governance.
Duration of the programme
Three years.
To be considered, candidates must:
  • have completed or be completing SAICA accredited:
    • Certificate in the Theory of Accounting(CTA);
    • Postgraduate Diploma in Accounting (PGDA) or an equivalent qualification;
  • have an academic performance record average of at least   60%;
  • be a South African citizen;
  • have strong analytical skills and good communication skills; and   
  • be a curious and innovative individual.
Remuneration and benefits
Trainees will receive a market-related salary for the duration of the programme.
How to apply
All interested parties are invited to apply online via
  • All available vacancies will be visible.
  • Follow these links: Careers@Sarb > Current vacancies (register and apply online).
  • To log in (right-hand side of the screen):
    • Is this your first visit to our Job Site? > Register today (ensure that you include all your qualifications and skills during the registration process); or
    • Already registered on our Job Site? > Already registered? > Login here.
  • Date posted > Last 3 weeks (in the dropdown menu)
  • • Select the appropriate IRC 30100 to view the full advertisement.
Please include a copy of your academic transcript, curriculum vitae and identity document with your application.
The closing date for applications is 30 September 2020. Late applications will not be considered.
Selection process
Shortlisted applicants will be invited to participate in interviews, assessments and a security clearance as part of the selection process. Suitable candidates will be selected based on the SARB’s commitment to diversifying its workforce. Correspondence will be limited to shortlisted candidates only.
All assessment questions in the application process are compulsory. Incomplete assessments will therefore not be considered.
If you have not heard from us, please consider your application unsuccessful.
If you have questions, please send them to the following email address:
Programme related queries:
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