Citi staff go for digital training

CITI joins a slew of banks in Singapore to send their staff for digital training.

Citi staff go for digital training

Mr Gupte says the roll-out of the PCP can help spark staff interest in new job areas that can potentially lead them to embark on new and rewarding career pathways.

CITI joins a slew of banks in Singapore to send their staff for digital training.

About 400 Citi staff from the consumer banking and operations and technology divisions will begin training  in the next 12 months under the professional conversion programme (PCP) to promote professional growth in a financial landscape being transformed by technology.

The PCP is a Singapore government-supported programme targeted at professionals, managers, executives and technicians  to undergo skills conversion and move into new occupations or sectors that provide career progression.

The staff, from front-office roles to operations, will undergo training to develop skills in customer journey mapping, design thinking, automation and cybersecurity which are increasingly important in the digital economy, Citi said in a press release on Thursday.

Such reskilling  will be conducted through workshops, classroom learning and on-the-job training and the complete training period is expected to be between three and 12 months, it said.

Participating staff will be assessed for aptitude in various skills before they embark on new roles. Upon obtaining the necessary knowledge and competency, staff will be ready to take on new or enhanced roles within Citi. For instance, a universal service banker, who currently carries out banking transactions for customers, will be able to answer customers' queries through virtual channels. An operations specialist will take on additional responsibilities such as digital transformation and process automation.

Citi said PCP builds upon the bank's ongoing efforts to raise the overall expertise of its staff. It is one of several training initiatives to reskill 2,000 staff over the next three years. 

Said Amol Gupte, Asean head and Citi country officer, Singapore: "With digital transformation reshaping every aspect of the banking sector, it is imperative that we take steps to prepare our staff to face changes with confidence.

We see the roll out of PCP as a timely step in the right direction as it can spark our employees' interest in new job areas which could potentially lead them to embark on new, rewarding career pathways."

Last year, DBS, United Overseas Bank, Standard Chartered and Credit Suisse also launched PCPs with thousands of bank workers going for digital learning.

DBS was the first bank in Singapore to launch the PCP in October.

Today, over 500 DBS employees have undergone training and another 1,000 will do so in the next 12 months, a spokeswoman told The Business Times. 

DBS had mapped out eight roles to help employees in these positions obtain the necessary knowledge and competencies to take on new or enhanced roles within the bank after being skilled. These roles are identified from departments across the lender, including back-end operations in consumer banking and institutional banking, as well as client-facing ones in branches.

Last November, UOB said 900 customer-facing employees from its network of branches islandwide will be enrolled in the PCP over the next 18 months.

 

Click here  for banking related jobs.

Read: Privacy Policy , Terms & Conditions

Back to Career Resources »

Related Articles

    Lifelong learning for seniors

Lifelong learning for seniors

Ms Florence Chek, 68, nows makes clothes for herself after learning to sew at a National Silver Academy course

    Teachers to get more training, support and mentorship: Heng Swee Keat

Teachers to get more training, support and mentorship: Heng Swee Keat

They will get more training, support and mentorship: Heng Swee Keat

    Recognise mastery of skills

Recognise mastery of skills

Published on Sep 20, 2014 1:02 AM

    Woodfibre to export LNG from Canada to Asia

Woodfibre to export LNG from Canada to Asia

Firm is the latest batch of four international groups to obtain export permits by Canada's National Energy Board

    CapitaLand staff make over homes of the needy

CapitaLand staff make over homes of the needy

Volunteers aid the needy with home makeovers

    Recipe for a new generation of hawkers

Recipe for a new generation of hawkers

Pilot programme by WDA, NEA aims to preserve local street food culture