DBS protects jobs and increases hiring despite the economic downturn caused by Covid-19.
The bank announced yesterday (May 14) that it will employ more than 2,000 people in Singapore this year.
It also assured its 12,000 existing employees that there will be no layoffs. Employees who cannot perform their tasks due to circuit breaker restrictions also remain fully paid.
Of the 2,000 jobs to be filled this year, half are part of the usual hiring, while the other half are new functions.
Around 200 new jobs will be offered to new graduates and people with less than two years of professional experience.
As part of the SGUnited Traineeships Program, DBS will also hire 500 graduates from universities, technical colleges and the Institute for Technical Education (ITE) for six to twelve months of training, with the option of a full-time switch.
The remaining new roles are aimed at experienced professionals, particularly in areas of growth technology.
DBS plans to hire 300 people in areas such as UX / UI, data science, fraud detection compliance, and consumer and institutional banking technology.
In addition, 60 employees are hired and trained in the areas of artificial intelligence, cloud computing, full-stack development and data analysis.
The training programs are designed to help experienced professionals start a technology career in financial services, but also to go one step further to re-educate some “without prior technological background”.
In addition, DBS will continue its annual internship programs and offer over 400 internship opportunities by 2020.
Piyush Gupta, CEO of DBS, said: "Job seekers, including new graduates this year, are understandably concerned about the lack of opportunities that companies have to tighten their belts."
“While DBS, as an important employer in Singapore, is also prudent in our prospects, it seemed right to us not only to continue to work as usual, but also to actively create new jobs where we can to help In these difficult times, more and more are coming People, ”he added.
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