Nedbank Group  
Nedbank CA Training Programme
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Applications for the 2013 intake will be open from 3 January 2012 to 16 March 2012.



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 does the Nedbank CA Programme work in comparison to traditional Audit firm training contracts
A As a Nedbank CA trainee you will focus predominately on Financial Management and Management Decision Making & Control as your elective skills (comprehensive understanding), with Audit and Tax-related topics falling under residual skills (general understanding).  All programmes, regardless of firm, incorporate Financial Reporting at a comprehensive level.
Q How does Nedbank differ from traditional training programmes
A Nedbank CA trainees are involved in functional work positions with individual responsibility. You will not be just another trainee and will be expected to perform and add value from day one.
Q Are there any International Opportunities?
A Yes, Nedbank offers UK secondments of 3 and 6 months at Old Mutual plc and Nedbank Investment Bank in London respectively. Interested trainees will be interviewed to select the most suitable candidates for these secondments.
Q Can I apply if I have a bursary with another firm?
A Yes, if you are exactly what we need on the programme, we will endeavour to assist in buying out your bursary.
Q Will there be a 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.
Q Will I have a work-back commitment when I have concluded my 3 year training contract with Nedbank?
A No. Nedbank does, however, have a very high retention ratio with trainees who normally receive offers for highly attractive positions within the Group, due to Nedbank being an employer of choice.
Q How does remuneration compare to traditional training environments?
A CA @ Nedbank offers market and industry-related salaries that are generally above traditional training programmes' remuneration.
Q Do you have to work back study leave when returning from a SAICA qualifying exam?
A No, Nedbank provides full examination support to all its trainees, which includes payment of all classes and course material and 15 days study leave plus exam days. As a Nedbank employee you also receive 25 days annual leave of which you can use for additional study time. All of this ensures that you have the best chance to pass first time! You may also use some of your annual leave for additional studies such as CFA, FRM. should you wish to do this in parallel.
Q Do I get placed to where management would want me to work?
A Within the Nedbank programme you will have a degree of choice in which areas of the bank you would like to gain exposure. We ensure that trainees rotation plans are tailored to meet their specific training needs and align with the necessary competencies as set out by SAICA.
Q Will there be personal attention given to me or am I just another trainee?
A The programme consists of between 25 and 30 trainees with 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 work hand-in-hand with one CA (SA) mentor /supervisor responsible for your training.


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