Trustee in Training position at Firstrand.| South Africa

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Firstrand Trustee in Training

Experience: Highly Experienced

Pattern: part-time

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Johannesburg....South Africa

Job Description To train in various aspects of the Group with a view to exposure to the business The Purpose of FirstRand Empowerment Foundation Trustee – in – Training Fellow Development Programme: The FirstRand Empowerment Foundation (FREF) was established in 2005 as part of FirstRand Limited’s broad-based black economic empowerment transaction. FREF was established as a vehicle through which the founder (FirstRand Limited), in partnership with its empowerment partners (Kagiso Charitable Trust, The WDB Trust, WDB Investment Holdings (Pty) Ltd, the Mineworkers Investment Trust and MIC Financial Holdings (Pty) Ltd) could aim to address inequality in society. FREF’s objective is to reduce poverty and inequality by undertaking and/or supporting public benefit activities that result in B-BBEE. The majority of trustees are black persons as defined in the Financial Sector Charter. The Fellowship The trustee-in-training (“fellowship”) appointment to the FirstRand Empowerment Foundation is intended to introduce the fellow to the process of board governance, through the work of the Foundation. The appointment will provide the fellow with an experience that will enhance their career and help them develop leadership skills giving them exposure at board level of a development trust and thereby providing a growth opportunity that will enable the fellow to develop their skills in: Governance and running of boards Decision-making Communication and stakeholder engagement Financial oversight (reports and budgets aligned to strategic goals and priorities) Leadership Strategic, independent, and rational thinking and engagement Assertiveness, amongst others The programme creates an opportunity for eligible candidates, who have high potential, to engage in a capacity development opportunity that not only will develop the individual capacities but will also build a pipeline of future leaders who understand the role of business in society. Successful candidate/s will also have the opportunity to be part of the FirstRand Empowerment Foundation board of trustees’ deliberations and participate in board committees. This provides the candidate with a platform to express a strong voice and an opportunity to reflect the views and concerns of the next generation. Acceptance to the programme is subject to a formal selection process and confirmation of acceptance by the board. Participant Selection Criteria The ideal candidate must be sufficiently mature and able to present youth perspectives adequately, raising his/her voice among more senior and experienced board members. The opportunity is open to candidates from the FirstRand Foundation international alumni scholarship programme, as well as FREF’s BBBEE investment partners (Kagiso Trusts, The WDB Trust, WDB Investment Holdings, the Mineworkers Investment Trust and MIC Financial Holdings) meeting the criteria and who have the potential to be or will be appointed to senior executives within a two- or three-year period. The candidate should hold at least a 3-year degree or equivalent. Any additional qualifications would be an added advantage. Must be below age 35 years at the time of appointment. The candidate should demonstrate an interest in social development, youth development, and systemic change in reducing poverty and inequality. The candidate must have an interest in any of the focus areas reflected in the strategic frameworks of the foundation (Agri-Systems; Climate Change Response; Healthcare Value Chain; Quality Education; Gender-Based Violence and Femicide; as well as, Research, Policy and Advocacy). These interests should be evident in activities and accomplishments that the fellow has participated in and achieved in years previous to the application (such as volunteering and/or previous experience in working for nonprofit organisations or community activism). The candidates must have adequate work experience, and having had worked at or in the Public Sector would be an added advantage. Desirable Personal Characteristics Ability to listen, analyse, think clearly and creatively, work well with people individually and in a group; Willing to prepare for and attend board and committee meetings, engage, take responsibility and follow through on a given assignment; Possess honesty, sensitivity to and tolerance of differing views, a friendly, responsive, and patient approach, community-building skills, personal integrity, a developed sense of values, and concern for our organisational development. The total expected time commitment is 2 to 6 hours per week. It is expected that as part of the commitment of support on the part of the fellow’s program, the program director will work closely with the fellow to ensure time will be made available for attendance at the meetings and orientation described in this document. Requirements for the successful participants Each candidate will be expected to: Fully participate in all FREF board of trustees and board committee meetings to which they are assigned, as well as social investment programme activities (dates to be provided in order for diaries to be scheduled accordingly). The attendance is compulsory and none of the elements are optional Time commitment required - It is estimated that each candidate will spend a maximum of 16 days per annum focused on and participating in the activities of the board and must be join at least one of the board committees. Duration of the programme - To maximise the opportunity of knowledge transfer and for the fellow to apply the knowledge gained, the programme shall run for a minimum of 12 months to a maximum of 24 months. End of programme – at the end of the programme, the fellow shall present their learnings and experience to the board, focussing on future improvements of the programme, and provide a view of how he/she would apply lessons learned to future careers and life. Assessment and review - The Trustee Affairs and Governance Committee shall review and assess whether the aim of the programme was met, with a focus on new insights for strategy and implementation, personal skills and competency development; technical skills and development; exposure; networking opportunities; possibilities for a future coaching role; etc. Learning and development – The Trustee Affairs and Governance Committee shall determine learning and development opportunities to enhance the fellowship experience. The cost of such shall form part of the Foundation budget. The Recruitment & Selection Process Given the sensitivity in the nature of discussions that take place at the FREF board, a formal recruitment process shall be followed initiated through the FirstRand Social Investing Office (SIO). A formal recruitment process to ensure the objective selection of the correct person(s) to participate in the programme. Face-to-face standardized interview with an interviewing panel consisting of SIO, FirstRand HR, Talent Management, and where applicable, board representative(s); Members of a selection committee will review all applications and select the top shortlisted candidates. A formal appointment shall be concluded with the successful candidate, which shall include the signing of Non-Disclosure Agreements. Application Documents The candidate name(s), must submit the following documentation: Completed Application Form; Candidate’s Curriculum Vitae (CV); Certified Copy of South African Identity Document (ID); Candidates’ motivation for their application (no more than 1000 words); A short recent and relevant reference (recommendation) letter for the candidate to be selected for the trustee-in-training (“fellowship”) programme (no more than 1000 words) Job Details Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 23/02/26 All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Trustee in Training job opportunity at Firstrand.

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