Step into Careers in Banking Friday 3 February 2012 08.30Registration and refreshments 09.20Welcome...
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Transcript of Step into Careers in Banking Friday 3 February 2012 08.30Registration and refreshments 09.20Welcome...
Step into Careers in BankingFriday 3 February 2012
08.30 Registration and refreshments09.20 Welcome
Jenny Barber, Head of Education and Careers, Financial Skills Partnership
09.25 Trends in banking Brian Capon, Assistant Director of Media Relations, British Bankers Association
09.40 The difference between retail, corporate and wholesale banking Rod McKee, Head of Financial Capability, Institute of Financial Services David Fear, Relationship Director, Institute of Financial Services
10.00 Question time: the real story Representatives from Barclays, HSBC, Nationwide, Santander , BritishBankers Association and the Institute of Financial Services
10.45 Conclusion and close Jenny Barber, Head of Education and Careers, Financial Skills
Partnership
Rod McKeeVice Principal Financial Capability
Ifs School of Finance
David FearRelationship Director
Institute of Financial Services
ifs School of Finance
Step into Banking
The difference between, Retail, Corporate and Wholesale banking
•Started in 1897 as The Chartered Institute of Bankers
•An Educational Charity
•Regulatory Qualifications
•Degrees
•Taught Degree Awarding Powers
•14-19 Qualifications since 2001
ifs School of Finance
Background of the ifs
ifs School of Finance
Industry Segments within the Banking Industry
http://www.ifslearning.ac.uk/Careers/GettingStartedInFinancialServices/IndustrySectors.aspx
RETAIL BANKINGBUSINESS & CORPORATE
BANKING
INVESTMENT BANKING
ifs School of Finance
ifs School of Finance
ifs School of Finance
RETAIL BANKINGhttp://www.ifslearning.ac.uk/Careers/GettingStartedInFinancialServices/IndustrySectors/RetailBanking.aspx
• Payments — debit cards, cheques, etc….
• Short-term unsecured loans — such as credit cards…
• Management facilities — for example, your current account….
• Savings — deposit accounts and, increasingly, other forms of savings and investments;
• Loans — such as car loans
• Mortgages.
ifs School of Finance
BUSINESS & CORPORATEBANKING
BUSINESSES NEED TO:•Borrow money to set up or expand their businesses. •Be able to take payments from their customers in the form of cash, cheques, cards and electronic payments. •Pay their staff. •Pay suppliers. •Insurance policies. •Manage their cash balances and make a return on them. •If they export, they need foreign exchange. •Larger exporters will often want to protect themselves against currency shifts, so they buy currency futures. •Perhaps most important of all for some companies, they need to manage cash flow and create a whole range of sub-businesses
•http://www.ifslearning.ac.uk/Careers/GettingStartedInFinancialServices/IndustrySectors/BusinessandCorporateBanking.aspx
ifs School of Finance
INVESTMENT BANKINGhttp://www.ifslearning.ac.uk/Careers/GettingStartedInFinancialServices/IndustrySectors/InvestmentBanking.aspx
Investment bankingInvestment banks have two primary roles:•They help governments and companies to raise money through the sale of shares and bonds (a form of long-term lending). •They maintain a market in those stocks and shares (collectively known as securities) by acting as brokers, enabling them to be bought and sold.
Wholesale bankingsThis is the part of banking that deals in the huge amounts of money generated by all those deposit and current accounts around the world. Some of this money is lent to governments or large companies to help fund their activities. In addition, wholesale banks also provide companies with foreign exchange trading services.
ifs School of Finance
JOB OPPORTUNITIES WITHIN EACH SECTOR
Retail Banking Graduate Entry ProgrammesWealth ManagementOperations and AdministrationMortgage AdviserFinancial AdviserCustomer Service and Sales Representative — Call CentreCustomer Service and Sales Representative — BranchBusiness BankerCredit Risk Officer
RETAIL
ifs School of Finance
JOB OPPORTUNITIES WITHIN EACH SECTOR
Business BankerCorporate Finance
Operations and AdministrationCredit Risk Officer
Compliance Officer
BUSINESS & CORPORATE
ifs School of Finance
JOB OPPORTUNITIES WITHIN EACH SECTOR
Corporate Finance.Trader City Operations and Trade Support Credit Officer Investment ManagementACT.Equity/Financial Analyst
INVESTMENT BANKING
ifs School of Finance
Thank you for listening