So read on to find out how apprenticeships in banking work, what schemes are available, how much you can get paid and why more and more of your peers are choosing the apprenticeship path. The contract of apprenticeship has its origin in Scotland in the middle ages where its purpose was to monopolise the art or business practised in certain trades. School leaver jobs in banking and finance take many forms. The competence and knowledge-based qualifications that advanced apprentices work towards can be in any area of banking - investments, financial administration, mortgages, customer service… (there are more). There are Higher Apprenticeships in group finance and relationship management, and even Degree Apprenticeships … There are a range of apprenticeship levels aimed at applicants, with varying qualifications and experience. A career in banking will offer you countless opportunities to live and work abroad. For more information about banking apprenticeships, and new opportunities delivered straight to your inbox, sign up to RateMyApprenticeship. Speak to a range of learning providers to find the best deal and agree on a flexible approach to meet the needs of your business. Skip university and start a career 16 or 18. 4 Banking and Finance Apprenticeships Opportunities - Job search on Notgoingtouni. If you’re interested in a career in banking (but in a bit of a hurry), jump straight to our apprenticeship jobs page! Your employee will study for an SCQF level 8 Diploma in Accounting, or an SCQF level 8 Diploma in Accounting and Business. Displayed here are job ads that match your query. 98% of reviewers recommend this company. University is no longer the only route into the banking sector. An apprentice is employed to do real work, and acquire skills, qualifications and a wage for the duration of their scheme. After completing this level, employees will have exemption from the foundation stages of Chartered Accountancy qualifications through ICAS, ICAEW, ACCA, CIMA and CIPFA.Â They can also gain direct entry to stage two of the Robert Gordon University BA in Accounting with CIMA Advanced Diploma programme. Discover banking & finance jobs in the UK! Here they explain what investing in youth means to them. Meet our apprentices . They focus on three main elements: work preparation training, a work placement, and Maths and English tutelage. Advanced Apprenticeships, - Watch this short video. There are a crazy number of opportunities for young folk who are interested in a career in the banking sector. Develop skills for work and gain a qualification. Apprentices work Monday / Wednesday / Friday and have a dedicated mentor at the hiring company. Sort by: relevance - date. Those candidates who are offered an apprenticeship role will join a ReCharge week including team building activities featuring sports leadership and corporate insights before joining the Royal Bank of Scotland / NatWest in October. Check to see if they are employing apprentices. Find numerous opportunities for entry level, part and full time jobs in the banking and finance sector here. Please let us know all the ways you would like to hear from us: Email. Perhaps you also didn’t know, some of the UK’s foremost banks offer apprenticeships. For online advice that spans everything from CV building and interview tips to how to manage your online reputation, check out LifeSkills created with Barclays. Imagine what you could do with that sort of loot... Be sure to read some of the reviews of banking apprenticeships, they’re a real treat. Your guide to the apprenticeship levy in Scotland. There are 15 different apprenticeships in total, and have been divided by tier. An apprentice is employed to do real work, and … Below is an extract from the apprenticeship standard for a Level 3 Financial Services Administrator: Employers set individual criteria for their apprenticeship schemes, so the entry requirements can vary. For more advice on applying for a level 4/5 apprenticeship, read our, For more exciting commentary on debt-free degrees, read our. The scheme offers direct entry level roles in the branch network, contact centres, IT, commercial banking, operations and in M&S and First Direct banks. Foundation Apprenticeships . The Scottish Apprenticeship Advisory Board (SAAB) gives employers and industry a leading role in developing apprenticeships in Scotland. Apprenticeships, - Ethical Standards - Have a full understanding of the ethical standards that the organisation and the industry requires. Get instant job matches for companies hiring now for apprenticeships jobs in Scotland like Education, Support, Analysis and more. The qualifications apprentices work towards vary between each scheme, and depend on the role/occupation that the apprenticeship is designed for. Ann-Fernee Haye, Data Analyst Apprentice. Scotland (3) Listed below are current Banking Apprenticeships. In this case, the candidate might be asked to complete a basic literacy and numeracy test. Lloyds Banking Group is a major financial services group with 320 years of history. Manage new and existing claims and complete any claims analysis, 5 GCSEs (including passes in English and Maths), Or a completed intermediate apprenticeship, Knowledge-based qualification - this could include a finance-based Higher National Diploma (HND), a foundation degree or a full undergraduate degree, Chartered Institute for Securities and Investment: Investment Advice Diploma (ACSI), Chartered Insurance Institute: Diploma in Regulated Financial Planning (DipPFS), The London Institute of Banking Finance: Diploma for Financial Advisers (DipFA), The London Institute of Banking & Finance (LIBF), Two or more A levels (in relevant subjects), Or an existing level 3 qualification (advanced apprenticeship), Relevant or prior experience may be considered as an alternative, GCSEs in English and Maths are usually a prerequisite, Investment Operations Administrator (Level 2), Investment Operations Technician (Level 3), Investment Operations Specialist (Level 4). By registering your interest you will be kept on a database managed by MSL for 12 months. Unlike many of other types of apprenticeships - such as apprenticeships in Engineering, for example - banking apprenticeships tend not to vary too much. This Modern Apprenticeship offers multiple levels for employees to start, and keep developing, their career in accounting and finance. And, again, unlike other apprenticeships where you can progress from intermediate and advanced apprenticeships, banking apprenticeships, at the moment, are almost exclusively Higher Level Banking Apprenticeships. They are entry-level schemes, designed for 16-24 year olds with basic qualifications and work experience.
2020 banking apprenticeships scotland