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July 10, 2025

Singapore finance employers pledge 300 places for trainees and interns from polytechnics

Ten financial institutions are partnering with the Institute of Banking and Finance (IBF) to offer around 300 internship and traineeship positions over the next two years, targeting polytechnic students. Announced on 9 July at the Financial Industry Fiesta held at NP, the initiative aims to boost job readiness and workforce development in Singapore’s financial sector. It provides students with hands-on industry experience while allowing employers to identify talent early. The move also signals a shift toward more inclusive hiring, as the sector explores alternatives beyond traditional graduate-only recruitment. The dialogue included SP Diploma in Banking and Finance alumna, Ms Maggie Tan, who is a product portfolio operations manager for the Asia-Pacific at JP Morgan who was recently promoted to the job grade of vice-president. She initially sought to apply for full-time university studies after completing the one-year JP Morgan programme, but decided to take up its full-time job offer, and has now clocked up 10 years at the firm.

[The Straits Times]

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