Singapore's financial sector sees healthy take-up of jobs, traineeships

Banks, insurers seeing experienced hires and fresh grads, many from non-finance areas

Above: Data scientist Daniel Tan joined the AI Lab at OCBC Bank in June after a two-month job search. He had worked at a travel technology company for about three years, and had found another job before the OCBC one, but was laid off on his second da
Recent graduate Vanessa Lim joined Great Eastern Financial Advisers in April.PHOTO: GREAT EASTERN
Above: Data scientist Daniel Tan joined the AI Lab at OCBC Bank in June after a two-month job search. He had worked at a travel technology company for about three years, and had found another job before the OCBC one, but was laid off on his second da
Data scientist Daniel Tan joined the AI Lab at OCBC Bank in June after a two-month job search.PHOTO: OCBC

Financial institutions are seeing a healthy take-up of jobs and traineeships as the finance and insurance sector is projected to expand this year, despite a climate of retrenchments and economic gloom.

OCBC Bank has filled 90 per cent of its 3,000 positions on offer this year, which include 2,100 full-time roles and 900 traineeship and internship spots.

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A version of this article appeared in the print edition of The Straits Times on September 16, 2020, with the headline 'Financial sector sees healthy take-up of jobs, traineeships'. Print Edition | Subscribe