Careers at Standard Bank
The financial services on offer at Standard Bank include banking solutions for consumers, high net worth clients, corporate and investment services, and banking for business and commercial customers. Alongside these strands, there are several support departments that work across the global offices, including:
- Brand and Marketing
- Compliance
- Engineering
- Finance and Value Management
- Group Risk and Corporate Affairs
- Innovation
- Internal Audit
- Legal
- People and Culture
Standard Bank offers roles for experienced professionals as well as a number of opportunities for early careers, including learnerships, internships and graduate schemes.
Working at Standard Bank comes with many benefits apart from a competitive salary, and there is great focus on personal and professional development in all roles thanks to a personalized and structured training and development plan that is put in place for all employees.
Other benefits (depending on location) include:
- Wellness programs
- Health insurance, life, personal accident and funeral cover
- Retirement funding
- Discounted banking products like loans and investments
- Multiple types of leave benefits, including paid holiday, parental, compassionate and sabbatical
Employees are offered a People Promise from Standard Bank when they get a job - a two-way commitment that encourages the best from staff while ensuring that a strong working culture is developed. This promise is structured around the following values:
- We are driven to win
- We are human at heart
- We are Africa to our core
The application process at Standard Bank is quite simple and straightforward, with different phases depending on the role you have applied for.
All roles at Standard Bank are advertised on the careers site, so this should be the first place you look before you apply.
In each job description, you will be given all the information you need about the role, what the daily activities are, what qualifications are required, and the skills that the recruiters are looking for.
When you click ‘apply now’, you will be invited to create an online SmartRecruiters profile, which will contain all of your contact details, an up-to-date CV, and any certifications that you might have from recognized professional bodies. Your SmartRecruiters profile is the hub of all your job-seeking activities, and where you can monitor the status of your application throughout the process.
For each role, the prerequisites will differ - so you need to be aware of what the Talent Acquisition Team is looking for. When you fill out the application form, make sure that you are answering all the questions as fully as possible, and provide evidence where you can - such as any degrees or certificates, for example.
A cover letter is not mandatory for any of the roles that are available at Standard Bank, but the advice given is to provide one - especially if you are well-qualified or need some more space to demonstrate why you are the best candidate for the role.
The application form and the cover letter are likely to be the first time that the recruiters will have ‘met’ you, so make sure that you check your spelling and grammar before submitting to make the best impression.
Standard Bank Interview
The initial interview is a screening interview that usually takes place either by telephone or through a video chat. This is more about getting to know you and going through the information that you have provided in your SmartRecruiters profile than anything else, so you can expect some probing about what you have included in your application.
At this stage, clarification and a more in-depth discussion about your previous experience, your education, and what you are expecting from the position. Your interviewer is trying to get more information about you as a person to fill out what they can already see in your application details.
This is also an excellent chance for you to ask some questions about the role and about Standard Bank as a company, so be sure to have completed a good amount of research before the interview so you can ask some relevant questions.
Standard Bank Assessment Centre
Assessment centre days are often used during the application process for early careers, and candidates are expected to come to one of the main offices or another location to spend a day with the Talent Acquisition Team and other applicants for some in-depth pre-employment testing.
The assessment centre is a chance for the recruiters to see how you act in the workplace and to assess your soft skills like leadership, communication, teamwork and negotiation. They want to see that you are able to put into practice the skills that you have mentioned in your application form and through the interview, and that you can cope well under pressure and in unfamiliar situations.
There are several types of tasks that you might take in an assessment centre.
Standard Bank Aptitude Tests
Aptitude tests are used to check aptitude and skills. The content of these tests is not based on things that you will have learned in university or even through previous experience, but on the inherent skills and abilities you have. Some tests that you might take include:
- Numerical Reasoning - questions in the form of graphs and tables, with multiple choice answers that require you to read, understand and analyze numerical information and complete some basic calculations
Verbal reasoning tests
- Verbal Reasoning - candidates need to read, understand and analyze passages of text in order to be able to answer questions about the content.
Logical reasoning tests
Logical Reasoning are the most common type of assessment - the candidate is presented with a series of shapes or images that are in a sequence, with one item missing. They need to find the rule that governs the sequence and apply it to the multiple-choice options to find the right answer.
- Situational Strengths - this is an assessment of work behaviors and personality traits, with a series of sentences that describe different behaviors and traits. The candidate needs to decide how well each sentence describes them at work.
Case-study exercise
During a case study exercise, a group of candidates are given some information relating to a fictional customer, and need to work together to come up with a plan to solve the problem that the client has.
This is usually finished with a presentation to the recruitment team and the other groups, outlining the plan and the reasoning.
Sometimes, the case study might be an individual project, with the end product as a presentation or as a long-form written piece.
Standard Bank technical test
If you have applied for a role that needs a specific technical skill, such as programming or coding, you may be invited to complete a technical or skills test.
In this type of test, the Talent Acquisition Team is checking to be sure that you have the right level of skill to be successful in the role, and they do this using questions that are related to the type of tasks that you are likely to undertake - for example, if you are coding, you might be asked to debug a portion of code used in a banking app.
Standard Bank final Interview
The final interview is your chance to really shine - and show that you match not only the values of the business but also that you have all the skills and attributes that they are looking for specifically for the role.
The final interview might be a competency-based interview, where you will be invited to provide examples from your previous experience that demonstrate you have certain competencies. For instance, you might be asked to provide an example of where you have provided leadership for a project, and had to deal with things like competing deadlines and working with other people.
It is a good idea to prepare for this type of interview by looking at the specific attributes that the role requires, and think of some examples before you head into the interview so that you ensure you give all the information with no waffle.
Make sure that you know the role really well, including what is needed for successful applicants so that you are ready to show the panel you have what it takes. Be ready to demonstrate your commercial awareness - so stay up to date with financial news on a local and global scale, and find out all you can about the day-to-day business operations of Standard Bank. This will help you seem more knowledgeable and passionate, but it will also give you some ideas of what questions to ask at the end.