DBS Bank has introduced a certificate programme for employees interested in treasury and markets.

The programme, developed with the Financial Training Institute at the Singapore Management University, marries e-learning and facilitatedtraining with practical applications.

It will focus on treasury products and risk management as well as treasury sales.

Participants will also have to take the Financial Markets Regulatory and Practices exam to ensure they know what safeguards financial markets.

Successful candidates in the DBS-SMU Professional Certificate in Treasury and Markets programme will be certified under the Financial Industry Competence Standards (FICS). This is an independent quality assurance mark that measures the competency of financial sector workers.

DBS said yesterday that Singapore is the third-largest foreign exchange centre in the world and a major commodity trading hub, developments that have increased demand for people with skills in trading, corporate treasury advisory and risk management.

The new programme aims to certify 50 trading and corporate advisory professionals by the end of next year.

DBS intends to progressively train a total of 200 staff across treasury and markets, institutional banking and wealth management in Singapore and the region.

The bank said 200 is a starting number, adding that "as new people join, they will also have the opportunity to be trained through this programme".

Mr Andrew Ng, DBS head of treasury and markets, said: "We recognise that our treasury and markets professionals, especially the new hires, often have to grapple with the speed and complexity of the business in the dynamic and fast-paced financial markets."

This led the bank to see the need for such an in-house programme accredited under FICS.