Capitec, Nedbank, and other banks are hunting for South Africans with these skills
Over the past decade, South Africa’s banking landscape has undergone a significant transformation, primarily due to the emergence of digital banking.
As a result, traditional banks are actively seeking South Africans with expertise in technology, data analytics, and customer experience management.
BusinessTech asked several banks about the roles they are hiring for and the skills they are currently seeking.
Many stressed the need for Science, Technology, Engineering, and Mathematics (STEM) and Information Technology (IT) skills in their operations.
Nedbank and Capitec both emphasised the need for people and skills that allow them to adapt in the digital landscape, with AI leading the way for the future.
“Nedbank continues to monitor the macro trends shaping the future of banking in South Africa and globally,” the bank said.
“This includes accelerating digital transformation, the adoption of artificial intelligence, rising regulatory expectations, and the growing importance of sustainability and climate-related capability.”
In 2024, Nedbank was particularly focused on specialists in cyber risk and climate risk, recognising the increasing importance of sustainability and security in the banking sector.
| Bank | Jobs available | Skills needed |
|---|---|---|
| Nedbank | Risk analyst Financial crime Regulatory roles Software engineer HR Investment banker Data analyst Cloud specialist Software engineer | Risk analyst Financial crime Regulatory roles Software engineer HR Investment banker Data analyst Cloud specialist Software engineer |
| Capitec | Software and cloud developers Data analysts client and user experience roles Data engineers Cybersecurity Fraud prevention roles Sales. | Coding Data and AI literacy Design thinking Communication Java, cloud, and API engineering skills |
Capitec told BusinessTech that its vision for 2026 is to develop a workforce that evolves alongside the business and adapts to rapidly changing technology.
The company emphasised the importance of creating opportunities for both local and international candidates while also investing in current employees.
“That’s why 60% of our roles are filled internally through growth, learning, and reskilling. We intentionally create pathways for frontline employees who want to move into data and technology careers, ” said Capitec.
In 2026, Capitec is focusing on providing opportunities to recruits through bursaries, learnerships, and early career programs, while Nedbank is concentrating on improving retention, enhancing productivity, and attracting skilled recruits.
“From a recruitment perspective, what we are seeing in the South African banking talent market is that demand remains strongest where deep expertise must be paired with sound judgement and strong governance,” said Nedbank.
Both banking groups stressed the importance of technical skills, critical thinking, and practical skills; however, Capitec places additional emphasis on practical skills.
“Qualifications are still valuable; however, they are no longer the only way to show value and potential,” Capitec told BusinessTech.
“What truly stands out is how people apply what they know, how they solve problems, collaborate within teams, think creatively, and adapt to new challenges.”
While the available jobs and in-demand skills have evolved, the need for IT, commerce, and technical skills among prominent South African banks remains a key focus.
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