Banking and Financial Services

Singapore has established a fourishing fnancial hub that serves both its domestc economy as well as the wider Asia Pacifc region.

But with more and more fnancial insttutons now under increased scrutny by governments in the wake of the global credit crisis, the role of compliance and risk has taken on a more signifcant role in this sector.

Insurers and banks alike are now on the lookout for talent with experience in operatonal and business risk.

You’ll need…

• Analytcal skills • Commercial awareness • To be client-focused • To be a team player • Problem-solving skills

Types of employers

• Retail banks • Corporate and commercial banks • Investment banks and stockbrokers • Insurance companies • Building societes and credit unions

Types of jobs

• Actuaries • Risk and compliance • Corporate banking • Retail banking • Trading, equity analysis • Client relatonship management • Broking • Business functons (e.g. IT, marketng, HR)

Job-hunting tips

• Graduate recruitment programmes within fnancial services generally use mult-stage recruitment processes that include online applicatons, psychometric testng, assessment centres and interviews • Conversely, companies without a structured graduate programme generally rely on interviews for their selecton

Work experience

Summer internships and work experience placements are available at larger fnancial insttutons.

Deadlines

Deadlines for formal graduate programmes tend to be from August to September. However, employers recruit for fund accountng and general fnancial services roles throughout the year.

Did you know?

Singapore is one of the world’s top foreign exchange trading platorms. The Litle Red Dot shares 79 per cent of all trades with four other countries, according to a triennial central bank survey in 2019 by the Bank for Internatonal Setlements.

Most popular employers

1. DBS Bank 2. OCBC Bank 3. Mastercard 4. Monetary Authority of

Singapore (MAS) 5. Ministry of Finance (MOF) 6. Cit Singapore 7. Maybank 8. Standard Chartered Bank 9. Visa 10.United Overseas Bank (UOB)

Source: Singapore Graduate Barometer 2021 editon