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ZA Bank, Hong Kong’s first virtual bank, announced yesterday that it will take part in the Banking Talent Programme jointly launched by the Hong Kong Monetary Authority (HKMA) and the banking industry to nurture young talent and foster the development of Hong Kong’s fintech and virtual banking sector.

Supported by the Hong Kong Association of Banks and all local universities, the banking talent programme will offer six-month work opportunities and industry-specific training for fresh graduates in Hong Kong. Under the programme, around 300 openings will be offered by 42 financial institutions together with the HKMA.

Work opportunities will be provided in areas ranging from front-line operations to back-office functions in retail and commercial banking. The fresh graduates joining ZA Bank will have the opportunity to gain firsthand experience of project planning and execution at a virtual bank, as well as conduct analysis on the bank’s business.

The programme will start from early September 2020 and last for a period of six months. A series of induction seminars as well as professional training courses will be organised by the HKMA, in collaboration with the Hong Kong Academy of Finance, the Hong Kong Institute of Bankers and reputable industry practitioners.

“As the first virtual bank in Hong Kong, it is our responsibility to nurture new blood into the financial services industry – a crucial economic pillar of Hong Kong. We are honored to take part in the programme, which at a time of economic downturn will provide important learning opportunities for local graduates who aspire to develop their careers in the virtual banking sector,"  said Rockson Hsu, CEO of ZA Bank. 

"Through this programme, we would like this new cohort of talent to be a key part of the fintech sector’s transformation, and ultimately, be part of ZA Bank’s ‘Community-Driven’ ecosystem, which helps us accelerate product and service innovation to respond to market demands and bring more benefits to customers,” Hsu added.