Nedbank is extending an invitation to South African unemployed graduates who are enthusiastic about behavioral economics to apply for the Behavioral Economics Internship Programme for the years 2023 and 2024.
Closing Date for Internship Applications: August 24, 2023
Internship Location: Johannesburg, Gauteng
Nedbank is seeking aspiring individuals who are eager to embark on a career journey in behavioral economics. We invite you to apply for our comprehensive Behavioral Economics Graduate Program, a transformative opportunity for graduates to make a significant impact. As part of this program, we are searching for forward-thinking graduates who are motivated to harness their skills to drive positive change and contribute meaningfully to our clients’ improved money management.
This internship offers a unique chance to immerse yourself in our strategic business goals. You will have the opportunity to conduct thorough research and provide valuable insights that shape our products and services. By participating in this program, you will become a trusted advisor, delivering high-quality data and analysis that align with our organizational vision, enhancing client insights, and fortifying our competitive edge.
The focus of this program involves qualitative and quantitative research, allowing you to delve into complex analyses and synthesize findings into actionable recommendations that drive data-informed strategic business decisions. This pivotal role will require active collaboration with diverse stakeholders, enabling you to offer valuable insights and analyses that contribute to delivering an exceptional customer experience.
Join our team and leverage your distinct capabilities to create a tangible impact in the realm of behavioral economics. Your contributions will promote financial well-being for our clients while contributing to the ongoing success of our organization. We eagerly anticipate your application and look forward to fostering your expertise and growth in this field.
Job Responsibilities
- Assist the Behavioural Economics unit within Nedbank Retail and Business Banking in applying behavioral science to design and implement enhanced money management solutions for clients across the bank.
- Conduct research, design behavioral interventions, and conduct business experiments to evaluate the impact of proposed solutions on client behaviors.
- Conduct literature reviews on existing behavioral science evidence related to financial decision-making and relevant behavioral interventions.
- Effectively package and communicate findings of primary and secondary research to various business units.
- Provide training to business units on relevant behavioral insights.
- Support efficient knowledge management and curation of primary and secondary research through an online library and internal newsletter.
- Meet the needs of internal and external clients by delivering original, quality research.
- Cultivate relationships with clients through continuous engagement.
- Contribute to a culture aligned with transformation goals by participating in initiatives that build Nedbank’s culture.
- Ensure compliance and regulatory requirements are met by managing research databases and consultations with the Compliance Division.
- Position the BE Unit as a valued business partner through proactive engagement and networking with internal and external stakeholders.
- Cultivate and manage vendor relationships through engagement focused on business needs.
- Monitor performance by aligning contributions with departmental plans and expected outcomes.
- Utilize resources by prioritizing available resources against stakeholder and regulatory requirements while considering cost.
- Share knowledge and industry trends with the team and stakeholders during formal and informal interactions.
- Support the achievement of business strategy, objectives, and values by reviewing Nedbank and Business Unit Plans to ensure delivered systems, processes, services, and solutions align.
Essential Qualifications – NQF Level
- Advanced Diplomas/National 1st Degrees
Qualification
- Honours Degree in Economics, Psychology, Anthropology, or Social Sciences
- (Note: Psychology students seeking HPCSA registration must tailor their own program)
Preferred Qualification
- Master’s Degree in Economics, Psychology, Anthropology, or Social Sciences
- (Note: Psychology students seeking HPCSA registration must tailor their own program)
Essential Certifications
- Minimum Age: 18
- Passion for behavioral economics & science.
- Background in research.
- Clear criminal and credit record.
Technical / Professional Knowledge
- Affirmative action guidelines
- Applicant tracking software
- Brand marketing
- Budgeting
- Business Acumen
- Business administration and management
- Capacity planning
- Change management
- Client service management
- Industry trends
- Interviewing techniques
- Principles of project management
- Recruitment and selection
- Resource allocation principles
- Business writing skills
Behavioral Competencies
- Building Partnerships
- Initiating Action
- Stress Tolerance
- Work Standards
- Continuous Improvement
- Planning and Organizing
How to Apply Click here to apply online for Nedbank: Behavioral Economics Graduate Internships 2024.