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Apprenticeships available


Banking & Finance Apprenticeships

14th August 2010, 11:00


Banking Apprenticeships & Finance Apprenticeships

It is claimed money makes the world go round and by starting an apprenticeship in banking and finance you too could find yourself, 'in the money' by working towards a qualification that should see you earn a higher salary in the future. And instead of running into debt – as you'd be likely to if you stayed in full time education – you'll be earning while you learn!

* What's it about?
* Who's it for?
* What do I get out of it?

What's it about?

Throughout this apprenticeship you could be providing financial services- this apprenticeship is about working in retail banking – otherwise known as 'high street' banking – and helping customers make transactions with their money. Retail banks keep customers' money safe, while bank staff advise them what to do with it. As an apprentice, you could be working as an insurance clerk, investment administrator, cashier or customer service representative.

There is also an advanced apprenticeship in banking and finance available-advising on financial products. This apprenticeship is about helping people decide how to manage their money by providing financial advice.

There are two types of financial advisers – independent financial advisers offer general advice, and will search banks, building societies and other financial institutions to get the best deal for their client. 'Tied' financial advisers are employed by a specific bank or building society, and will advise on the products and services offered by their own company.
Who's it for?

It is vitally important you have knowledge and stay up-to-date with current financial industry news- especially in a time like this, where bankers aren't the most trusted of people, so you can't afford to offer your clients bad advise.

Every day you'll encounter customers and numbers, so you'll need good customer-facing skills and a head for maths. You'll also need good IT skills, possess good commercial sense and need to understand financial terms fully. And as you'll be dealing with confidential and sensitive information, you need to be seen as someone who is trustworthy and reliable, as well as being polite and presentable.
What do I get out of it?

An apprentice in the 'providing financial services' field will learn how to work in a financial services environment and follow important regulations. Jobs after completion of this apprenticeship could land a job as a bank cashier, insurance technician or a customer service representative- with a starting salary of £11k-£15k.

Those who decide to take the advanced apprenticeship in 'advising on financial products' will learn to advice on mortgages, insurance, or other financial matters like pensions and savings. You'll be meeting clients, staying up-to-date with the financial markets, negotiating prices with providers of financial products and putting together financial plans. From here, you could go onto job roles as a financial, mortgage or insurance adviser with a starting salary of £18k.

An apprenticeship in finance and banking is made up of a technical certificate, NVQ/SVQ, Key, Core or Essential skills and a module in Employment Rights and Responsibilities.

So apply for an apprenticeship in banking and finance today but remember to be prudent, as financial advisers are paid to be right on the money…To view our current banking opportunities click here

 

Share This

Shain Ali
2012-10-17 15:47

Hello,
I am interested in banking and finance, I would love to take this opportunity for my career. This will enhance my knowlegde on the role i would be taking on if i get this fantanstic opportunity.

I am currently at college studying BTEC Level 3 Business Extended Diploma at Sir George Monoux College and its my last year, after that i am trying to look for banking anf finance apprenticeship anywere in london which will be ideal for me. I hope i can take this opportunity and use my brilliant skills for this role.

Thank you

Adam Manir
2012-08-29 12:00

I have previously completed an IT apprentieship which was very usefull and enjoying also have developed my skill with IT on completion i have decided to pursue a career in banking and to progress within the banking sector.
So please would you forward me more detail R.E the above as i am avaliable to start ASAP if successful location Norfolk

sarah kelly
2012-08-21 00:41

hi my names sarah i'm interested in banking and finance and would like to take the oppertunity to learn. I would like to find out more about this apprenticeship and what hours it entails.

Thank you

sarah

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