Citi South Africa is offering the newly graduated opportunities to become part of the ICRM 2027 learning programme during which participants will be able to acquire the necessary professional experience.
The programme is open to the graduates who want to transition from the university environment to the banking environment while also learning the fundamentals of the compliance, risk management, AML and similar spheres.
The ICRM 2027 Learning Program will see the participants spending one year with the organisation as they gain insight into the field of compliance risk management.
The company notes that the programme is perfect for the graduates who want to develop the skills and competencies needed to become effective members of the team while also preparing themselves for the long-term career in the compliance field.
The most interesting aspect of the programme is the fact that the graduates will have the option to apply for the permanent position during the time spent in the program.
What will the participants do?
The participants will be introduced to the compliance risk management function including the Anti-Money Laundering (AML) risk management.
Depending on the needs of the business, the participants will be exposed to the key aspects of the compliance function such as:
- Learning about the key aspects of compliance risk management including the identification and management of the risks
- Learning about the regulatory requirements
- Policy implementation
- Risk assessment
- Data analysis
- Gaining insight into the compliance requirements pertaining to various aspects of the business
- Contributing to the creation of an effective control environment
The programme is most suitable for the individuals interested in the compliance, banking or financial sectors as well as the fields of risk management and financial regulations.
What are the requirements?
The company is looking for the individuals who meet the following requirements:
- An undergraduate qualification with a minimum GPA of 65% or a postgraduate degree in any discipline
- The maximum of 1 year of working experience (not required)
- Demonstrated leadership, teamwork and communication skills
- Eagerness to learn and develop
- Planning and organisational skills
- Analytical and quantitative skills
- Interest in financial industry and regulations
- Commitment to integrity and ethical decision-making
The knowledge of the domestic or global business environment including financial regulations and compliance is considered a plus but not a necessity.
The following documents need to be submitted as a part of the application:
- CV
- Cover letter
- Full academic transcripts
- ID
The company emphasises that only the full applications including all of the documents specified will be considered.
Career development and training
The compliance function in the banking space typically requires a certain level of understanding of the business in which the bank operates as well as the relevant regulations and rules.
The ICRM learning programme is designed to provide the participants with the exposure to compliance and risk management in the banking environment as well as equip them with the transferable skills needed to succeed in this space.
The company also mentions that they offer the focus on the internal mobility as a part of their approach to supporting the employees’ long-term career aspirations.
Participation in the ICRM learning programme will provide the graduates with the valuable experience and knowledge needed to prepare them for the compliance position in the organisation while also giving them the possibility to apply for a permanent position.
Who is the programme suitable for?
The programme is ideal for the graduates who aspire to work in the fields of:
- Banking
- Compliance
- Risk management
- Financial regulations
- Anti-money laundering
- Data analysis
- Corporate governance
- Financial services
The specific compliance qualification is not required for the application as the organisation invites the graduates with the university education (undergraduate degree in any discipline) to apply as long as they meet the specified academic requirements.
ICRM 2027 Learning Programme at a glance
Detail Information
Company Citi South Africa
Programme ICRM 2027 Learning Programme
Team Independent Compliance Risk Management
Duration One year
Opportunity type Graduate learning programme
Academic requirement Undergraduate GPA of 65%+ or master’s degree
Work experience Maximum 1 year acceptable; not required
Key area Compliance and risk management
Documents CV, cover letter, full academic transcripts and ID
Permanent opportunities Graduates may apply for permanent positions during the year
Stipend: Not specified in the supplied programme information
Closing date: Not specified in the supplied programme information
How to apply?
The application needs to be submitted at company portal online.
The applicants are invited to make sure that they have submitted their application with CV, cover letter, full academic transcripts and ID as these will not be considered otherwise.
The supplied programme information does not mention the closing date so the applicants are encouraged to double-check the deadline on the application portal before submitting their applications.
Editorial and fact-checking information
Fact-checking: The requirements and application information were based on the Citi ICRM 2027 Learning Programme information supplied for this article.
Important: Applicants should ensure that they meet the programme’s academic and document requirements.
Closing date: Not provided in the supplied programme information.
Corrections: Should any programme detail change, the article should be updated in accordance with the latest official recruitment information.
