Personal & Private Banking (PPB) Behavioural Economics Graduate Programme - Johannesburg, South Africa - Standard Bank Group

    Default job background
    Full time
    Description

    Job Description

    The Behavioural Economics graduate will operate across functions (Analytics, Digital, Product, Marketing, Channel) leveraging behavioural insights to design nudges that shape customer behaviour in a way that generates commercial value to the Bank.

    The Behavioural Economics team is responsible for researching, collating and recommending global best-practice behavioural case studies from industry and academia, which in turn guide the design and development of new initiatives, implemented through multi-disciplinary teams and regular experimentation. The focus is on full spectrum of personal and business banking services and initiatives span across financial wellbeing, customer outcomes such as improving savings rates and credit performance, and internal productivity.

    This exposure to the value chain within financial services, from execution at the front line to developing, testing and scaling positive interventions. Success is dependent on cross-functional teamwork, which include digital channels, branch network, segment, product and marketing and the programme involves active learning and opportunities for various practical applications.

    Through this rotational programme, you'll get the opportunity to learn how to construct a behavioural intervention, from design to execution and further manage and measure key experimentations. This exciting programme involves identifying new opportunities, researching the latest methods and sourcing behavioural insights from customers, designing, monitoring and measuring experiments and working across functions to implement and scale feasible projects. In addition to keeping up to date on best practice, you also get the opportunity to present your insights and results to a broad range of stakeholders.

    During this 12-month programme you can look forward to:

  • Hypothesis-driven business problem solving
  • Testing hypotheses in live environments (i.e. field experimentation)
  • Project management
  • Speaking your mind
  • Adding value to the bank
  • Engaging with senior and junior stakeholders
  • Behaving in accordance with the bank's professional standards, and
  • Building a passion for behavioural economics.
  • Application closing date: 30 June 2024

    Qualifications

    Masters or Honours in:

  • Economics
  • Psychology
  • Cognitive Science
  • Neuroscience
  • Organisational Behaviour
  • Decision Making
  • Sociology
  • Business Science
  • Marketing
  • Econometrics
  • Honours qualification to be completed by 31 December 2024.

    Additional Information

    Minimum requirements:

  • South African Citizen
  • Should you have work experience, it should not exceed 12 months
  • Full academic transcripts to be submitted with application for undergraduate and postgraduate studies.
  • Rise and grow with a career at Standard Bank Group

    Join a committed group of people who stand behind one common purpose: Africa is our home, we drive her growth. We firmly believe that our people are our greatest competitive advantage. It's only through our people's expertise and dedication that we are able to bring our purpose and strategy to life in service of our clients and society at large. That's why we strive to create a work environment where our people can thrive, where they are able to bring their whole selves to their work and are empowered to pursue their dreams and aspirations.

    Join us as we Transform our Business