Personal & Private Banking (PPB) Behavioural Economics Graduate Programme

Standard Bank Group; Johannesburg; On-site; ZAR 30 000 - 60 000; Full time

Job summary

An innovative player in the financial services sector seeks a Behavioural Economics graduate for a 12-month rotational programme. This opportunity offers exposure to various functions, including Analytics and Marketing, where you'll leverage behavioural insights to design impactful interventions. You'll engage in hypothesis-driven problem solving, manage projects, and collaborate with multidisciplinary teams to enhance customer experiences and financial wellbeing. This role promises a dynamic learning environment, allowing you to contribute meaningfully while developing a passion for behavioural economics. Join a forward-thinking organization that values growth and innovation in Africa.

Qualifications

• Engage in hypothesis-driven business problem solving.
• Manage projects and express ideas confidently.
• Develop a passion for behavioural economics.

Responsibilities

• Leverage behavioural insights to design nudges influencing customer behaviour.
• Conduct field experiments and manage project execution.
• Collaborate across functions to implement and scale projects.

Skills

Hypothesis-driven problem solving

Project management

Stakeholder engagement

Behavioural insights application

Education

Honours or Masters in Economics

Honours or Masters in Psychology

Honours or Masters in Cognitive Science

Honours or Masters in Neuroscience

Honours or Masters in Organisational Behaviour

Honours or Masters in Decision Making

Honours or Masters in Sociology

Honours or Masters in Business Science

Honours or Masters in Marketing

Honours or Masters in Econometrics

Job description

Company Description

Standard Bank Group is a leading Africa-focused financial services group and an innovative player on the global stage. We offer a variety of career-enhancing opportunities and the chance to work alongside some of the most talented, motivated professionals in the sector. Our clients range from individuals to businesses of all sizes, high net worth families, and large multinational corporates and institutions. We are passionate about creating growth in Africa, bringing meaningful value to our clients and communities, and creating a sense of purpose for our employees.

Job Description

The Behavioural Economics graduate will operate across functions such as Analytics, Digital, Product, Marketing, and Channels. The role involves leveraging behavioural insights to design nudges that influence customer behaviour, generating commercial value for the Bank.

The Behavioural Economics team researches, collates, and recommends global best-practice behavioural case studies from industry and academia. These insights guide the design and development of new initiatives, implemented through multidisciplinary teams and regular experimentation. Initiatives span personal and business banking services, focusing on financial wellbeing, customer outcomes like savings and credit performance, and internal productivity.

This role offers exposure to the entire value chain within financial services, from frontline execution to developing, testing, and scaling interventions. Success depends on cross-functional teamwork involving digital channels, branch networks, segments, products, and marketing, with active learning and practical applications.

Through this rotational programme, you'll learn how to construct behavioural interventions from design to execution, and how to manage and measure experiments. The programme involves identifying opportunities, researching methods, sourcing behavioural insights, designing and monitoring experiments, and collaborating across functions to implement and scale projects. You'll also present insights and results to stakeholders.

During the 12-month programme, you can expect to:

1. Engage in hypothesis-driven business problem solving
2. Test hypotheses in live environments (field experimentation)
3. Manage projects
4. Express your ideas confidently
5. Add value to the bank
6. Engage with stakeholders at all levels
7. Act in accordance with the bank’s professional standards
8. Develop a passion for behavioural economics

Application closing date: 30 June 2025

Qualifications

Honours or Masters in:

• Economics
• Psychology
• Cognitive Science
• Neuroscience
• Organisational Behaviour
• Decision Making
• Sociology
• Business Science
• Marketing
• Econometrics

Honours qualification to be completed by 31 December 2025.

Additional Information

Minimum requirements:

• South African Citizen
• Work experience should not exceed 24 months, if applicable
• Full academic transcripts must be submitted with the application for both undergraduate and postgraduate studies