The South African Reserve Bank (SARB), in collaboration with the South African Bank Note Company (RF) Proprietary Limited (SABN), actively contributes to addressing the country’s skills shortage in the technical and engineering fields through its Work Integrated Learning Programme (WILP).
WILP is an internship and apprenticeship programme aimed at giving successful applicants maximum training exposure within the technical and engineering fields available within the SARB and its banknote-producing subsidiary, the SABN, preparing them for their trade test and national diploma.
Programme structure
Participants will be placed at the SARB’s Head Office in Pretoria, the SABN in Pretoria North, and the SARB’s cash centres located in Cape Town, Durban and Johannesburg. Participants will receive a work-based learning stipend for the duration of the programme.
Requirements
Participants will consist of the following groups:
- Artisan: learners from Further Education and Training Colleges with at least an N4 certificate requiring 36 months of practical work experience to obtain an occupational trade qualification or a trade test. The disciplines that will be considered are Electrical, Electronics, Mechanical, Plumbing, HVAC and Carpentry.
- Technician: learners from Universities of Technology with at least an S4 who require 12 months of practical work experience as a requirement to complete their national diplomas. The disciplines that will be considered are Electrical and Mechanical Engineering.
If you are a South African citizen and meet the above-mentioned requirements, you are welcome to apply.
Qualifications
How to apply
Applicants MUST apply online, via www.resbank.co.za.
All available vacancies will be visible.
Follow these links:
- Click on WORK @ SARB (Career opportunities).
- Under Latest vacancies, scroll to ‘For more vacancies click here’ and click on here.
- Click on All jobs.
- Select the job you want to apply for.
- Click on Apply now.
- Login/register
- Is this your first visit to our Job Site? > Register today (Ensure that you include all your skills and qualifications during the registration process.); or
- Already registered on our Job Site? > Already registered? > Login here.
Please attach a certified copy of your latest academic records, but do not include your curriculum vitae (CV) with your application.
Shortlisted applicants will be subjected to a psychometric assessment 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.
The closing date for applications is 08 May 2025. Late applications will not be considered.
Correspondence will be limited to shortlisted candidates only.
Human Resources Department
Talent Acquisition
About Us
About SARB
Primary mandate of the SARB
Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:
The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.
The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.
WHAT WE DO
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.
About the Team
Corporate Services Department (CSD)
