Investec
Investec is a distinctive bank and wealth manager in South Africa, committed to developing outstanding talent through its Graduate and Internship Programmes. These programmes provide real work experience, structured and unstructured learning, and exposure to various financial disciplines such as investment banking, asset management, private equity, risk, IT, and client services. Investec fosters an entrepreneurial culture and values diversity, integrity, and innovative thinking, aiming to nurture self-starters and future leaders.
Key programmes include:
Graduate Programmes offering rotational exposure and career development.
Internship Programmes providing practical experience and mentorship in financial services.
Navigate Exposure Programme for final-year students to experience Investec’s culture and work environment.
Popular Internship and Career Roles at Investec
1. Banking and Finance
- Banking Intern : Gains hands-on experience in customer service, account management, and financial product sales.
- Relationship Manager Trainee : Learns to assist clients with their banking needs, including loans, savings accounts, and investments.
- Wealth Management Trainee : Assists in managing client portfolios, providing investment advice, and financial planning.
2. Risk Management and Compliance
- Risk Analyst Trainee : Learns to assess and mitigate risks related to lending, investments, and regulatory compliance.
- Compliance Intern : Supports initiatives related to regulatory compliance, anti-money laundering, and fraud prevention.
3. Information Technology (IT)
- IT Support Intern : Provides technical assistance and resolves hardware/software issues.
- Software Developer Trainee : Learns to design, develop, and maintain banking applications and systems.
- Data Analyst Trainee : Works on analyzing data related to customer behavior, risk management, and operational efficiency.
4. Marketing and Sales
- Marketing Intern : Supports brand campaigns, market research, and promotional activities.
- Sales Associate Trainee : Learns to promote and sell financial products such as credit cards, loans, and insurance.
5. Finance and Accounting
- Finance Intern : Assists in financial reporting, budgeting, and accounts payable/receivable processes.
- Treasury Trainee : Gains experience in managing liquidity, foreign exchange, and investment portfolios.
Salaries and Stipends for Investec Internships and Careers
1. Internship Stipends
Interns at Investec typically receive a monthly stipend to cover basic expenses. Below are general ranges:
Internship Stipends : ZAR 5,000 – ZAR 12,000 per month
Exact amounts depend on the department, location, and level of education (e.g., undergraduate vs. postgraduate).
2. Entry-Level Salaries
For full-time positions after completing an internship or degree:
- Banking Officer : ZAR 20,000 – ZAR 35,000 per month
- Risk Analyst : ZAR 22,000 – ZAR 35,000 per month
- IT Specialist : ZAR 25,000 – ZAR 40,000 per month
- Finance Assistant : ZAR 18,000 – ZAR 30,000 per month
- HR Assistant : ZAR 18,000 – ZAR 28,000 per month
- Sales Representative : ZAR 15,000 – ZAR 25,000 per month (plus performance-based incentives)
3. Benefits for Full-Time Employees
In addition to salaries, full-time employees may receive benefits such as:
- Medical aid
- Pension contributions
- Employee discounts on financial products
- Professional development opportunities
- Performance bonuses
Requirements for Investec Internships and Careers
Educational Qualifications
Internships :
Enrolled in or recently completed a relevant degree or diploma program (e.g., finance, IT, business, economics). Strong academic performance is preferred.
Full-Time Roles :
A bachelor’s degree or higher in a relevant field is typically required. Advanced degrees or certifications (e.g., CFA, ACCA, IT certification) may be advantageous for specialized roles.
How to Apply for Investec Internships and Careers
There are several ways to apply for internships and full-time roles at Investec:
Official Website
- Visit the official website of Investec : www.investec.com .
- Navigate to the “Careers” or “Job Opportunities” section to view current internship and job openings.
- Create an account, upload your CV/resume, and apply directly to the positions that match your qualifications.