The Hong Kong Monetary Authority (HKMA) announced today (8 September) the launch of Banking GPS, a one-stop online resource platform, and the second round of the Future Banking Bridging Programme.
The HKMA introduced the new talent development strategy in September last year. One of the key priorities is to better connect young people to the banking industry, so that the young can gain a fuller understanding of the latest developments and career prospects in banking. This will help attract more new blood with different skills to come on board and meet the local industry demand for talent. Over the past year, the HKMA, in collaboration with the Hong Kong Institute of Bankers (HKIB), has held a series of career talks and launched the inaugural Future Banking Bridging Programme with a view to preparing university students in advance for a banking career.
Now, the HKMA has developed a brand new, user-friendly online resource platform – Banking GPS – as a one-stop industry directory to further deepen the young’s understanding of banking prospects and opportunities. This is a resource-rich platform that introduces the structure, job responsibilities and career paths of major functions in a bank across the front, middle and back offices. Not only that, but the platform also provides job-hunting tips and experience sharing from industry practitioners, which are particularly useful for young people who are eyeing a role in the industry, now or in the future. In addition, the Banking GPS puts together job openings in different banks, making it a handy additional channel for interested individuals to find out about career opportunities.
The other initiative, the Future Banking Bridging Programme, is a joint effort between the HKMA and the HKIB. It builds on the popularity of the inaugural programme last year to return for a second round in October this year, and is designed to provide professional training to university students who aspire to build a career in banking. This three-day crash course is free and application starts today. As before, it will be taught by banking professionals, allowing university students to gain practical knowledge at an early stage in the hottest areas of banking, particularly in fintech and green finance. The participants will also have the chance to interact directly with bankers to get first-hand tips on landing a banking job, and experience the daily life of a banker outside the classroom through job shadowing. Details of the Future Banking Bridging Programme can be found on the Programme’s webpage.
Mr Arthur Yuen, Deputy Chief Executive of the HKMA, said, “The HKMA has always attached great importance to nurturing banking talent in order to maintain the competitiveness of Hong Kong’s financial services. In particular, the younger generation is an important pillar supporting the long-term development of the banking industry. I believe the newly launched Banking GPS and the second round of the Future Banking Bridging Programme will not only give university students a good idea of banking career prospects, but also better equip them to become tomorrow’s talent for the industry to chart the future of the new banking era together.”
Hong Kong Monetary Authority
8 September 2022