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Nedbank CA Training Programme
Challenging Talent for Success |
Frequently Asked Questions answered
Prospective Chartered Accountants who want to pursue a career in Finance need to look no further than CA @ Nedbank, which is a proven SAICA-accredited route to qualify. Give yourself a head start - grab this opportunity to read more about of the exciting world of CA @ Nedbank! Should you have any other questions, feel free to send us an e-mail.
| Q | How will I add value to Nedbank as an organisation whilst developing my own career? |
| A | CA @ Nedbank trainees are involved in functional work positions from day 1, with a responsibility to add value to the business. You will not be an article clerk in the traditional sense of the word. |
| Q | Can I apply if I have a bursary with another firm? |
| A | Yes! If your application is successful, Nedbank can offer you a loan. It can also happen that, if you are exactly what we need on the programme, we will endeavour to buy out your bursary. |
| Q | Will there be a six month penalty if I decide to pursue the CA @ Nedbank route but have already signed a contract with another firm? |
| A | No! If you have not started your training contract, there will be no six month penalty for deciding to go this route. Penalties only apply if you change from one training contract to another. |
| Q | Will I have a work back commitment once I have concluded my 3 year training contract with Nedbank? |
| A | No! When you have concluded your contract you will have no obligation to stay on with Nedbank. Nedbank has a very high retention rate of trainees in attractive positions within the Group due to being an employer of choice. You will probably want to stay on, in any event. |
| Q | Can I apply for a training contract if I am an international student? |
| A | Yes! Provided you intend to obtain permanent residency in SA. If you receive an offer, you will have to be in possession of a work permit or be able to provide proof of permanent residency. |
| Q | How does remuneration compare to audit firm salaries? |
| A | CA @ Nedbank offers substantially higher basic salaries, at the onset of your training as well as when the package is considered over the full period of your training contract. |
| Q | Do you have to work back study leave when returning from a SAICA qualifying exam? |
| A | No! CA @ Nedbank provides full board support to all its trainees, which includes payment of all classes and course material and 15 days study leave. As a Nedbank employee you also receive 25 days annual leave of which you can convert 5 days for QE studies. This is to ensure that you have the best chance to pass first time! You may also use some of your annual leave to study for CFA, should you decide to do this in parallel. |
| Q | Do I get placed to where management would want me to work? |
| A | Within the CA @ Nedbank programme you would have a degree of choice in which of the 22 areas of the bank you would like to gain exposure. We ensure that each trainee’s rotation plan is tailored to meet their specific training needs and aligns with the SAICA competencies. |
| Q | Will there be personal attention given to me or am I just another trainee? |
| A | The programme consists of just 23 – 30 trainees and 3 managers in the Programme Office. This ratio enables Nedbank to give the due care to your career aspirations. During rotations you will in most instances be one trainee per one CA (SA) mentor / supervisor involved in your training. |
| Q | Are there any International Opportunities? |
| A | Yes! Nedbank offers a London secondment of 6 months to its trainees. Trainees that are interested will be interview by the COO of Nedbank London who has the final discretion to select the most suitable candidate for the secondment. |
| This page was updated on 15 October, 2009 |  Return to top |
