Financial Training Scheme (FTS)
Provides funding for financial institutions’ employees in in-house and external training programmes that are recognized by IBF.
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Develop skills in:
- Functional domains (financial-sector relevant courses)
- Sustainable Finance
- Technology (mainly on Data Analytics, Technology Application and Cybersecurity)
Funding:
- Course Fee Support (ranging from 30% to 90% funding support, depending on course start date)
Eligible applicants:
- Financial institutions
- Fintech firms certified by the Singapore FinTech Association
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IBF-Standards Training Scheme (IBF-STS)
Provides funding for in-house and external training programmes that are accredited by IBF.
Individuals who successfully complete an eligible IBF-STS accredited assessment programme and meet the relevant criteria can apply for IBF Certification - an industry endorsed mark of quality for finance professionals in Singapore. Find out more on how you can apply .
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Develop skills in:
- Functional domains (Areas under Skills Framework for Financial Services – including Sales/relationship management, Trading and Execution, Product Solutioning and Management, Operations, Risk, Compliance)
- Sustainable Finance
- Technology (mainly on Data Analytics, Technology Application and Cybersecurity)
Funding:
- Course Fee Support (ranging from 50% to 90% funding support, depending on course start date)
Eligible applicants:
- Individuals
- Financial institutions
- Fintech firms certified by the Singapore FinTech Association
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Technology in Finance Immersion Programme (TFIP) [4]
Supports mid-career professionals, with no prior work experience in identified technology fields, to acquire skills in those fields through training and attachment with financial institutions. |
Develop skills in:
Funding:
- Training Allowance ($4,500 per month for ‘Agile IT Project Management’ and ‘Business Analysis’ track, $5,500 per month for the rest of the tracks)
- Course Fee Support
Eligible applicants:
- Individuals
- Financial institutions
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Wealth Management Accelerator Programme (WMAP) [4]
Supports mid-career professionals, with no prior experience in Personal Banking, Financial Planning, Bancassurance, Wealth Management, and Relationship Management, to take up wealth management roles in the financial sector through training programmes and on-the-job training. |
Develop skills in:
- Functional domains in retail banking relationship management
Funding:
- Salary Support ($3,500 per month, capped at 3 months)
- Course Fee Support (up to 90%)
Eligible applicants:
- Individuals
- Financial institutions
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International Postings Programme (iPOST)
Supports financial institutions in grooming Singaporeans through international exposure to prepare them for future global and regional roles. |
Develop skills in:
Funding:
- Salary support (Only for Asian postings. 50% of qualifying cost, subject to overall cap of $80,000 for total posting expenses)
- Non-salary posting expenses (50% of qualifying cost, subject to overall cap of $80,000 for Asia postings, or $50,000 for non-Asia postings)
Eligible applicants:
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Career Conversion Programme (CCP) – Redeployment [4]
Provides salary and course fee support for financial institutions to reskill employees to acquire knowledge and competencies to take on new roles in growth areas. |
Develop skills in:
- Functional domains (e.g. Project Management, Compliance)
- Technology
Funding:
- Salary Support (70% capped at $4,000 per month. For mature, 90% capped at $6,000 per month)
- Course Fee Support (up to 90%)
Eligible applicants:
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IBF Careers Connect
Provides career advisory services to individuals interested in a finance career, including finance professionals taking on new roles and other professionals making a career switch to the financial sector. |
What individuals can gain:
- Insights on careers in the financial sector, career advisory and career coaching.
Eligible applicants:
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