Singapore-based multinational bank DBS has launched a three-year apprenticeship programme to prepare polytechnic students for technology roles in the bank.
The new programme also contributes to Singapore’s plans to build a robust pipeline of local fintech talent as outlined in its Financial Services Industry Transformation Map.
Developed in collaboration with Temasek Polytechnic and Nanyang Polytechnic, the DBS FinTech Apprenticeship Programme will initially take in 20 students. There are also plans to scale the programme up across five polytechnics in Singapore.
DBS says it is committed to developing a robust pipeline of local talent for the banking sector, particularly in growth areas where finance and technology intersect.
Jimmy Ng, group chief information officer and head of technology & operations at DBS, said: “Our collaboration with Temasek Polytechnic and Nanyang Polytechnic diversifies the pathways polytechnic students can take to enter the exciting world of banking and finance.
“We also hope the DBS FinTech Apprenticeship Programme provides a useful blueprint for industry and education institutions to forge more partnerships, which we believe will become increasingly important for nurturing the next generation of future-ready talent.”
Peter Lam, principal & CEO of Temasek Polytechnic, adds: “Being immersed into the work culture in banking and fintech is an excellent way for our students to deepen their understanding of tech job roles within the finance industry. We thank DBS for this engaging collaboration that will further open the possibility of exciting career choices and opportunities within DBS and the fintech sector.”
After graduating from the apprenticeship programme, students undergo a final technology hackathon to be considered for direct placement in a permanent role with DBS.