Standard Bank

The Programme

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

The Behavioral Economics team is responsible for researching, collating and recommending global best-practice behavioral 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 behavioral 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 behavioral 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.
• Building a passion for behavioral economics. 

Required Skills and Abilities

Honours or Masters in:

• Economics;
• Psychology;
• Cognitive Science;
• Neuroscience;
• Organizational Behavior;
• Decision Making;
• Sociology;
• Business Science;
• Marketing;
• Econometrics. 

Honours qualification to be completed by 31 December 2025.

Minimum requirements:

• Must be a South African citizen.
• Should you have work experience, it should not exceed 24 months.
• Full academic transcripts to be submitted with application for undergraduate and postgraduate studies. 

About Us:

As a brand with a legacy of over 160 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents.  

Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa.  

With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry.  

Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner.

As a trusted partner, we consistently set higher standards and aspire to become better with each endeavor. We are more than just a banking institution; we are a driving force behind Africa's growth.

Join us on this transformative journey.

Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.