Future of Finance Jobs
Read the keynote address by Mrs Josephine Teo, Minister for Manpower, at the IBF careers Connect Visit on 23 April 2019.
As the financial sector continues to transform with evolving business models and wider integration of technology, the nature of jobs will evolve. It is important for professionals to be equipped with new skills and competencies required in evolved job roles to enhance employability.
MAS and the Institute of Banking and Finance (IBF) have programmes and schemes targeted at individuals for your skills and career development.
MAS works closely with tripartite partners on skills and talent development to improve the competencies of financial sector professionals and strengthen the local talent pipeline of finance professionals and leaders.
Together with our key partner, the Institute of Banking and Finance (IBF), we have put in place programmes and schemes that support your FI’s efforts in hiring, building talent pipeline and workforce transformation.
Written Reply to Parliamentary Question on building a strong local talent pool in the financial sector
Mr Ong Ye Kung, Minister for Education and MAS’ Board Member, launched the Skills Framework for Financial Services. He encouraged adoption of the Skills Framework as part of the action plan to prepare the workforce for jobs of the future.
The response to two forum letters reiterated that the correct response to the growing role of technology is not to avoid it but to equip our workers so that they can take on the higher value job roles that technology will enable.
Singapore and UK concluded three agreements that will further deepen connectivity between the financial centres in Singapore and the UK. The agreements were made at the UK-Singapore Business Summit held on 13 June 2019 in commemoration of Singapore’s Bicentennial.
IBF-MAS study identifies skills for more competitive financial sector workforce.