Citi South Africa is seeking new university graduates for the Citi ICRM 2027 Learnership Programme, which offers a one-year opportunity for participants to gain relevant workplace experience within the sphere of financial compliance and risk management.
The programme is intended for graduates who seek to transition to a professional environment after university while developing skills within the sphere of Anti-Money Laundering (AML), regulatory compliance, risk assessment and data and analytics.
Citi ICRM 2027 Learnership Programme
The participants of the one-year programme will be based within Citi’s Independent Compliance Risk Management team.
The experience on offer will provide insight into the field of compliance risk management and the workings of compliance controls.
Graduates will be given the knowledge and training that will equip them to make a meaningful contribution to the team while still finding time to develop long-term career goals.
Crucially, the learners will be able to apply for permanent positions within the year.
What will graduates do?
The participants will be introduced to the ICRM’s key functions, including the management of Anti-Money Laundering (AML) risk.
The learners will gain exposure to aspects such as:
- Identifying and assessing compliance risks
- Understanding and applying regulatory frameworks
- Supporting compliance policy implementation
- Participating in risk assessments
- Analysing data to meet compliance needs
- Understanding compliance standards in different business areas
- Supporting strong control environments
The scope of this learnership makes it ideal for those with an interest in the convergence of banking, compliance and regulation, risk management and financial crime.
Who can apply?
Citi’s requirements for the programme specify that the applicants must:
- Hold an undergraduate qualification with a GPA of 65% or greater or a master’s degree in any discipline
- Have a maximum of one year’s work experience, although this is not required
- Display strong leadership, teamwork and communication skills
- Have a strong desire to learn and develop professionally
- Have good planning and organisational capabilities
- Display analytical and quantitative skills
- Show an interest in the financial industry and its regulatory frameworks
- Display an ethical approach to decision-making
An understanding of the global and domestic business environment, financial regulations and compliance is said to be preferred, but not essential.
What documents are required?
As with all applications, the learnership requires the graduates to have a full application, which will consist of:
- CV
- Cover letter
- Full academic transcripts
- ID
The participants are reminded that only a full application, which contains all the necessary documents, will be considered.
Career development and training
The ICRM learnership is ideal because it focuses on the development of the participants, as well as providing the relevant workplace exposure.
Graduates will learn about the field of compliance and risk management within the financial sector while also gaining transferrable skills that will further their long-term career goals.
Citi also has a focus on internal mobility and development, which means that the learners will have the opportunity to gain exposure to different functions within the business, as well as having the chance to apply for permanent positions.
Who is the programme suited to?
The vacancy may be ideal for graduates who are looking to build a career in the fields of:
- Banking
- Compliance
- Risk management
- Financial regulation
- Anti-money laundering
- Data analysis
- Corporate governance
- Financial services
The need for a specific compliance qualification is not specified because Citi states that an applicant will be eligible if they have any undergraduate degree, as long as it meets the academic criteria.
Citi ICRM 2027 Learnership at a glance
Detail Information
Company Citi South Africa
Programme ICRM Learnership Programme
Team Independent Compliance Risk Management
Duration One year
Opportunity type Graduate learnership
Academic requirement Undergraduate GPA of 65%+ or master’s degree
Work experience Maximum 1 year acceptable; not required
Key area Compliance and risk management
Documents CV, cover letter, full academic transcripts and ID
Permanent opportunities Graduates may apply for permanent positions during the year
Stipend Not specified in the supplied programme information
Closing date Not specified in the supplied programme information
How to apply
Applications for the Citi ICRM 2027 Learnership Programme must be submitted online, where the graduates will be asked to provide a full application.
The learners are advised to make sure that they have submitted a full application, which includes the CV, cover letter, full academic transcripts and ID, as the incomplete applications will not be considered.
The closing date is not provided within the supplied programme information; therefore, learners should refer to the vacancy listing to make sure that they submit their application before the deadline.
Editorial and fact-checking information
Fact-checking: Programme requirements and application information were based on the Citi ICRM 2027 Learnership information supplied for this article.
Important: Applicants should ensure that they meet the stated academic and document requirements before applying.
Closing date: Not provided in the supplied programme information.
Corrections: If any programme detail changes, the article should be updated against the latest official recruitment information.
