Launch of FinTech Talent Programme by Singapore FinTech Association and the National Trades Union Congress
~ Future-proof Singapore PMEs for the digital economy ~
Singapore, 13 September 2017 – The Singapore FinTech Association (SFA) and The National Trades Union Congress’s (NTUC) U Associate in collaboration with Singapore Polytechnic (SP) launched the inaugural FinTech Talent Programme (FT Programme) event this evening with a course preview. The three-month career development programme, to be held from October to December, is unique in Singapore. It will create a strong talent pool of Professionals, Managers and Executives (PMEs) trained in financial technology, and support Singapore’s ambition to becoming a Smart Financial Centre.
The FT Programme aims to equip aspiring PMEs with the necessary skills needed to become FinTech industry leaders. The syllabus includes an introduction to FinTech, along with sessions on Design Thinking, Big Data, Digital Currencies, Blockchain, RegTech, Cybersecurity, Cloud Computing and the Application Programme Interface (API) economy. Participants can look forward to take part in over 80 hours of classroom, lab and online learning sessions, with guidance from 50 mentors. Over 25 top industry practitioners and lecturers will also be providing training sessions.
The course will be held at the NTUC Centre, One Marina Boulevard with fees set at $3,200. Eligible participants can enjoy course fee support from e2i (Employment & Employability Institute) while NTUC members may also enjoy Union Training Assistance Programme (UTAP) financial assistance. Registration can be made via the SFA website (https://singaporefintech.org/fintech-talent/) and SP website (www.pace.sp.edu.sg).
Mr Chia Hock Lai, President of the SFA said “By joining the U Associate ecosystem, SFA will partner with the Labour Movement to help working PMEs with skills upgrading and career progression in the FinTech sector, enabling them to become future-ready.”
“With a growing vibrant FinTech ecosystem and increasing awareness on FinTech, it is timely for NTUC and our U Associate partner, Singapore Fintech Association, to launch this FinTech Talent Programme,” stated Mr Vivek Kumar, Director, U Associate and U Future Leaders of NTUC. “We believe this practitioner-led programme will equip our working professionals, both financial and non-financial, with the knowledge and skills to chart their own career direction. It is essential to adopt an agile mind-set to stay relevant in a highly digital and disruptive working environment,” he added
“This programme is very timely given that the recent nudge from the Prime Minister for Singapore to adopt technology for payments” said Suresh Punjabi, Director of Professional and Adult Continuing Education (PACE) Academy of Singapore Polytechnic. “The fundamental skills and essential knowledge shared by the practitioners sets this programme apart.”
The SFA has also signed memorandums of understanding with institutions of higher learning in Singapore to support job creation at home, along with the Copenhagen FinTech Association and the Swiss Finance + Technology Association to boost overseas engagement.
About the Singapore FinTech Association
The Singapore FinTech Association (SFA) is a cross-industry, non-profit organization designed to facilitate collaboration between all market participants and stakeholders in the FinTech ecosystem. It has over 125 members, who represent the full range of stakeholders in the FinTech industry, from early stage innovative companies to large financial players and service providers. The SFA also partners with institutions and other associations, from Singapore and globally, to cooperate on initiatives relating to the FinTech industry. Find out more at http://SingaporeFinTech.org
About NTUC U Associate
NTUC U Associate is a key initiative by the Labour Movement to reach out to Professionals, Managers and Executives (PMEs) through professional guilds and communities. The U Associate ecosystem provides valuable networking opportunities across different sectors, creating avenues for cross-pollination of ideas and cross-application of skillsets. The initiative, which was launched in March 2011, empowers PMEs across four areas: Protection, Progression, Placement and Privileges. At the sectoral level, NTUC collaborates with U Associates to develop careers and skills progression plans for the PMEs. Through this, PMEs will be equipped with future-ready skills for the jobs of tomorrow.
About Singapore Polytechnic (www.sp.edu.sg)
Established in 1954, Singapore Polytechnic (SP) is Singapore’s first polytechnic. It has 10 schools that offer 46 full-time courses for close to 16,000 students. SP adopts a proven creative teaching and learning framework and offers students a holistic, authentic and industry-relevant curriculum, innovative and vibrant learning spaces, and enriching overseas programmes.
The Polytechnic is committed to producing competent and versatile graduates who are also imbued with sound values, so that they can be work ready, life ready and world-ready. SP has more than 195,000 graduates and among them are successful entrepreneurs, top executives in multi-national and public-listed corporations, and well-known professionals across various industries and leaders in government.
SP clinched the inaugural ASEAN People’s Award in 2015 for its contributions toward the region’s community-building efforts. SP is also the first polytechnic to be awarded the President’s Award for the Environment in 2010 and the President’s Social Service Award in 2011.
Follow SP on Facebook at http://www.facebook.com/singaporepolytechnic and Twitter and Instagram at @singaporepoly.
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