The Reserve Bank of Australia has increased its IT graduate intake as it seeks to fill roles across cyber security, software and data engineering domains.
The central bank’s IT graduate program is currently open as it seeks to increase resourcing in its technology departments and on its core banking and payments platforms.
For 2024, the RBA hopes to bring in eight IT graduates, compared to four-to-five per year in prior years.
The central bank decided to invest in its IT graduate program last year after noting the success of retaining staff brought through the scheme. The graduate retention rate is 85 percent since 2017.
Under the current program, graduates can expect to partake in a two-year program consisting of four six-month placements.
The 2024 intake will see graduates complete four rotations in areas like cloud, DevOps and platform engineering, enterprise architecture, network services and data technologies.
More specific roles on offer include infrastructure engineer, security analyst, architecture, developer, system analyst, data engineer and cloud engineer.
The RBA also holds IT internship programs at both the University of Technology Sydney and UNSW in efforts to attract talent from high school as well.
Only last year the bank’s CIO Stephen Smith told the iTnews Podcast the RBA was brushing up its training and development framework to attract and retain tech talent.
Under its IT graduate program, the RBA has developed a training and development plan to show the development path all the way from intern to first-year graduate, and then second-year graduate.
This is aimed to show IT graduates all options available to them and expose them to all facets of training to help them reach their potential.
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