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The Hong Kong Monetary Authority (HKMA) and the banking industry jointly launched the Banking Talent Programme (the Programme) to nurture young talents for the industry, and provide participants with an opportunity to better prepare for future careers in the banking sector. The Programme targets fresh graduates from local universities who will be offered six-month work opportunities and industry-specific training. The Programme is supported by the Hong Kong Association of Banks (HKAB) and all local universities. Further details of the Programme are set out below:Job opportunities: Around 300 openings will be offered by banks, Stored Value Facilities operators, together with the HKMA. Work opportunities will be provided in areas ranging from front-line operations to back-office functions in retail and commercial banking;Professional training: A series of induction seminars as well as professional training courses will be organised by the HKMA, in collaboration with the Hong Kong Academy of Finance, the Hong Kong Institute of Bankers (HKIB) and reputable industry practitioners;Programme period: The Programme will start from early September 2020 and last for a period of six months;Financial support: The HKMA will reimburse participating firms up to 50% of the monthly salary of Programme participants, which is HK$12,000 per month, and subsidise the course fees for the relevant professional training courses attended by the graduates;Eligibility: Students graduating with a bachelor’s degree in 2020 from local universities may apply for the Programme, and the disciplines preferred will depend on the work nature of specific jobs and the need of participating firms; andApplication: Application is open now. Interviews will be held by participating firms and results will be announced by August. Please refer to individual firms’ website for the latest updates. Please refer to each of the individual firms’ website for the latest updates. Participating Universities: Chinese University of Hong Kong, City University of Hong Kong, Education University of Hong Kong, Hang Seng University of Hong Kong, Hong Kong Baptist University, Hong Kong Polytechnic University, Hong Kong Shue Yan University, Hong Kong University of Science and Technology, Lingnan University, Open University of Hong Kong, University of Hong Kong. Please visit the official website for details.