Standard Bank Learnership

Standard Bank Internal Auditing Learnership

24-month comprehensive program to become an expert in providing independent reviews of systems, processes, and compliance with laws and regulations in the banking industry.

Apply for Standard Bank Internal Auditing Learnership

Applications: Applications open periodically

Program Overview

Program Details

Provider: Standard Bank Group
Duration: 24 months
Level: NQF Level 5
Stipend: NMWA compliant stipend
Location: Johannesburg

Key Benefits

  • NMWA compliant monthly stipend
  • NQF Level 5 internal audit qualification
  • Professional audit experience
  • Pathway to professional certifications
  • High-demand career skills

Audit Areas You'll Master

Credit Risk

Loan portfolios, credit approvals, and risk management

Operational Risk

Process controls, fraud prevention, and operational efficiency

IT Audit

System controls, cybersecurity, and technology governance

Regulatory Compliance

Banking regulations, FICA, POPI, and industry standards

Financial Reporting

Financial controls, accounting processes, and reporting accuracy

Market Risk

Trading activities, investment portfolios, and market exposure

Entry Requirements

  • 3-year post-matric qualification (Degree/Diploma)
  • Age between 18-30 years
  • South African citizen or permanent resident
  • Strong analytical and problem-solving skills
  • Attention to detail and accuracy
  • Computer literacy (MS Office, especially Excel)
  • Understanding of financial principles
  • Clean criminal record and credit record

Training Modules

1

Internal Audit Fundamentals

6 months

Audit principles, standards, methodologies, risk assessment, and control evaluation

2

Regulatory Compliance

5 months

Banking regulations, compliance frameworks, SARB requirements, and regulatory reporting

3

Risk Management

4 months

Risk identification, assessment, mitigation strategies, and enterprise risk management

4

Financial Systems Review

4 months

Financial controls, system audits, data analytics, and process improvement

5

Audit Reporting & Communication

3 months

Report writing, stakeholder communication, presentation skills, and follow-up procedures

6

Practical Audit Experience

2 months

Hands-on audit projects, real-world application, and mentorship

Career Opportunities

Junior Internal Auditor

R25,000 - R35,000

Conduct audit procedures and assist with audit engagements

Risk Assessment Specialist

R28,000 - R40,000

Evaluate risks and design control testing procedures

Compliance Officer

R30,000 - R45,000

Monitor regulatory compliance and ensure adherence to policies

Senior Internal Auditor

R35,000 - R55,000

Lead audit engagements and manage audit projects (with experience)

Professional Development Pathway

CIA

Certified Internal Auditor

Globally recognized professional certification

CA

Chartered Accountant

Professional accounting qualification pathway

CISA

Certified Information Systems Auditor

IT audit and governance specialization

Contact Information