Behavioural Economics Graduate Program at Nedbank
Deadline: 03 January 2025
Location: Johannesburg, South Africa
Behavioural Economics Graduate Program at Nedbank
Nedbank is accepting applications for Behavioural Economics Graduate Program.
Responsibilities
- Support the Behavioural Economics unit within Nedbank Retail and Business Banking to apply behavioural science to the design and execution of better money management solutions for clients across the bank.
- Undertaking research, designing behavioural interventions, and undertaking business experiments to measure the impact of proposed solutions on client behaviours.
- Conduct literature reviews on existing behavioural science evidence on financial decision making and related behavioural interventions.
- Effectively package and communicate the findings of primary and secondary research to business units.
- Support training to business units on behavioural insights relevant to their business units.
- Support the effective knowledge management and curation of primary and secondary research through an online library and internal newsletter.
- Meet internal and external client needs by delivering quality and original research.
- Establish relationships with clients through constant engagement.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
- Mitigate risk by managing research databases and meeting compliance and regulatory requirements through consultation with Compliance Division.
- Assist in positioning the BE Unit as valued business partner through proactive engagement and networking with internal and external stakeholders.
- Build and manage vendor relationships through engagement regarding business needs.
- Monitor performance by aligning own contribution to delivery of departmental plan against expected outcomes.
- Utilise resources by prioritising available resources versus stakeholder and regulatory requirements while being cognisant of cost.
- Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
- Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned. Identify training courses and career progression for self through input and feedback from management.
- Ensure all personal development plan activities are completed within specified timeframe.
- Resolve work obstacles by managing on a case-by-case basis and early escalation where required.
Essential Qualifications
- Hons Degree in economics, psychology, anthropology or the social sciences
MORE OPPORTUNITIES:
- NSFAS Internships (12 months fixed term contract)
- Temporary Client Services Consultant vacancy at Nedbank
- Globeleq Education Trust Bursary 2025
Preferred Qualification
Successfully completed:
- Master’s Degree in economics, psychology, anthropology, or social sciences
- For psychology students if you want to register with the HPCSA you will have to do your own tailored programme
Minimum Requirement
You must:
- 18 and above
- be passionate about behavioural economics & behavioural science.
- Have a background in research; and
- have a clear criminal and credit record.
Type Of Exposure
- Building and maintaining effective relationships with internal and external stakeholders
- Analysing and interpreting quantitative and qualitative data
- Interacting with various levels of management
- Managing multiple projects
- Communicating complex information orally and in writing
- Identifying trends and evaluating opportunities
- Facilitating learning sessions on Behavioural Economics to business stakeholders
Application
To apply, visit Nedbank recruitment portal.
Note: Late applications will not ne considered.
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