Stanbic IBTC Graduate Trainee Salary

STANBIC IBTC Holdings is a member of Standard Bank Group which takes the position Africa’s largest banking group ranked by assets and earnings and has been in business for over 150 years.

Stanbic IBTC is a leading commercial bank in Nigeria that offers financial services and has subsidiaries in banking, stock brokerage, investment advisory, pension and trustee business.

It is a global bank with African origin and has extensive operations in 19 African countries including South Africa and 12 countries outside the shores of Africa.

Read Also: Stanbic IBTC Bank Recruitment 2018 (3 Positions)

Stanbic IBTC Graduate Trainee Salary
Stanbic IBTC – Photo Source:

These include key financial centres like Europe, United States and Asia, making the bank one of the biggest banking networks in Africa.

This bank operates in Nigeria as Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings and has branches across Nigeria.

Graduate trainees in Stanbic IBTC earn between 60,000 Naira to 75,000 Naira monthly within the period of the graduate training program.

Other Stanbic IBTC salaries include:

a. New entry workers :– 160,000 Naira – 180,000 Naira per month after tax (excluding allowances).

b. Interns :- 10,000 Naira – 20,000 Naira.

c. IT Students: 7000 Naira – 10,000 Naira.

The salaries paid to graduate trainees are less than the amount paid to entry level workers.

NOTE: Most multinational companies such as Stanbic IBTC pay according to global standards and are among the highest paying companies in Nigeria.

Read Also: List of 28 Banks in Nigeria and their Websites

Stanbic Ibtc Recruitment Of Graduate Trainee

There has been an advertisement for graduate trainee program on the Stanbic IBTC job portal.

Job Title: Graduate Trainee Program 2018

Job ID: 26028

Location: Lagos Island

Job Sector: Banking

Job Details:

The joint CEOs are responsible for leading the development and execution of the bank’s strategy, overseeing planning and management, upholding high standards of governance and corporate citizenship, accounting to all the bank’s stakeholders, and ensuring that Stanbic IBTC delivers value to stakeholders, customers and staff.

Job Purpose:

The Graduate Trainee Program of Stanbic IBTC Group was designed to build capacity and create a sustainable pipeline in the Stanbic Bank Group by developing young, talented, trained professionals for the bank’s future.

It is an intensive program with a unique opportunity for young and resourceful people who are passionate about building a fast tracked career as well as to help drive the bank’s success into the future.

Read Also: The Impacts of Banking Industry on Nigeria’s Economy

About the Graduate Trainee Program

The Stanbic IBTC Graduate Trainee Program is a 6-7 week classroom and 12 months on-the-job training program designed to develop the next line of business leaders for Stanbic IBTC group.

During this period, graduate trainees will be required to successfully complete all modules of classroom training and obtain a minimum score of  60% on each course and an overall score of 70% (subject to upward review) in order for them to be certified successful and suitable to move into the next phase of the program.

The training school assessment will be based purely on merit and will include both technical and behavioural skills. After a successful completion of the 6-7 weeks classroom training program, graduating trainees will complete self-development experiential learning.

Benefits of Working with Stanbic IBTC as a Graduate Trainee

a. An opportunity to learn and benefit from the bank’s local and industrial insight, experience and pioneering.

b. The bank promotes a high performance culture and a conducive work environment where passionate, engaged and accountable employees thrive in careers with endless possibilities.

c. Each trainee will be assigned a mentor for 6 months to guide and coach him/her throughout the program.

d. Successful trainees can be posted to work in any business unit or any location in any part of the country.

Read Also: Top 6 Challenges Facing Banks in Nigeria

Key Responsibilities/Accountabilities

a. Graduate trainees will be required to work in varied work roles/locations and context with increasing levels of complexity.

b. Applicants must be passionate about building a career in Stanbic IBTC.

c. Trainees would be based in Lagos but graduates (successful trainees) may be deployed to any department and locations across Nigeria.

Preferred Qualification and Experience

a. Minimum of a 2.1 degree in any course from an accredited University.

b. Minimum of 5 credits (Mathematics and English inclusive) in GCE, NECO, WASSCE or its equivalent in one sitting.

c. Applicants should not be more than 26 years as at the August 1, 2017.

d. Applicants must have concluded NYSC, and must have discharge certificate in hand.

Knowledge/Technical Skills/Expertise:

a. Conceptual, Innovative and Analytical.

b. Customer service oriented.

c. Computer literacy is a must.

d.  Intermediate to expert competence in the use of MS Office Suite.

Read Also: 10 Functions Of Central Bank Of Nigeria (CBN)

How to Apply

Interested and qualified candidates should visit  here:

I believe the information here should be handy for any would-be graduate trainee of Stanbic IBTC for the coming year 2019. Be on the lookout for information in the dailies and social media or visit the provided website.

Click here to see the latest Jobs opportunities in Nigeria.
Click here to Join Recharge and Get Paid
Click here to Read Latest School News in Nigeria

Copyright Warning!

We work really hard and put a lot of effort and resources into our content, providing our readers with plagiarism-free articles, original and high-quality texts. Contents on this website may not be copied, republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. Proper acknowledgement include, but not limited to (a) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes, (b)"FAIR USE" in the case of re-publication on online media. About possible consequences you can read here: What are the consequences of copyright infringement? In an effort to protect our intellectual properties, we may report your website to Google without prior notice and your website be removed from search engines and you may receive a strike. All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).

Awolesi Victor

Awolesi Victor, is a Content Developer at InfoGuide Nigeria is a team of Resource Persons and Consultants led by Ifiokobong Ibanga. Page maintained by Ifiokobong Ibanga. If you need a personal assistance on this topic, kindly contact us.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button