Hong Kong regulator launch job programme for local financial industry

It will offer 300 roles for students graduating in 2020 with a bachelor’s degree.

Around 300 job openings will be offered by Hong Kong financial institutions for students graduating in 2020 under a new programme jointly launched by the Hong Kong Monetary Authority (HKMA) and the banking industry, an announcement revealed.

Running from September 2020 for a period of six months, the programme involves a series of induction seminars and professional training courses to be organised by the HKMA in collaboration with the Hong Kong Academy of Finance, Hong Kong Institute of Bankers (HKIB), and other industry practitioners. Work opportunities include front-line operations to back-office functions in retail and commercial banking.

The programme is supported by the Hong Kong Association of Banks (HKAB) and all local universities.

Participants will receive a monthly salary of around HK$12,000 per month, of which HKMA will reimburse up to 50% for participating firms.

HKMA will also subsidise the course fees for the relevant professional training courses attended by the graduates.

Students graduating with a bachelor's degree from local universities in 2020 may apply for the programme. Application will open on 15 June, and the results will be announced by participating firms around the end of July after selection interviews.