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"Banking Talent Programme" extended to upcoming fresh graduates this year

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. In view of the ongoing impact of the COVID-19 pandemic on Hong Kong’s economy and labour market, the Programme will be extended to upcoming fresh graduates this year through offering six-month work opportunities and professional training starting September 2021 (2021 Programme). The existing Programme for recruited graduates (2020 Programme) will also be extended for a period of up to six months (i.e. till 31 August 2021) depending on the operational needs of the participating institutions. 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 450 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: Industry-specific training courses and a series of induction seminars organised by the HKMA in collaboration with the Hong Kong Academy of Finance and the Hong Kong Institute of Bankers (HKIB), will be provided to relevant graduates;Programme period: 2021 Programme will start from early September 2021 and last for a period of six months;Financial support: Same as 2020 Programme, the HKMA will reimburse participating institutions up to 50% of the monthly salary (HK$12,000) of Programme participants, and subsidise the fees for the relevant professional training courses attended by the graduates (up to HK$5,000 per person);Eligibility: 2021 Programme is open for applications from students graduating with a bachelor’s degree in 2021 from universities in or outside Hong Kong.1  An eligible applicant must be a Hong Kong resident. The disciplines preferred will depend on the work nature of specific jobs and the need of participating institutions; andApplication: Application opens on 1 May 2021 and the results will be announced by participating institutions around July to August after selection interviews. Participating Universities: The Chinese University of Hong Kong, City University of Hong Kong, The Education University of Hong Kong, The Hang Seng University of Hong Kong, Hong Kong Baptist University, The Hong Kong Polytechnic University, Hong Kong Shue Yan University, The Hong Kong University of Science and Technology, Lingnan University, The Open University of Hong Kong, The University of Hong Kong, and universities outside Hong Kong. Please visit the official website of the Programme for details.