What is it?

The Technology in Finance Immersion Programme (TFIP) aims to help individuals gain experience in
key technology areas within the Financial services sector, including:




Trainees will acquire the necessary skills through (a) structured training with industry-recognised training providers and (b) an attachment with a financial institution.

Who can apply?

Individuals who are passionate about pursuing a career in Artificial Intelligence, Cloud Computing, Cybersecurity, Data Analytics, Software Engineering, Technology Product Management, Business Analysis, Digital Marketing, Agile IT Project Management and User Experience Design and who fulfil the following pre-requisites may apply:

  • Singapore Citizens or Permanent Residents
  • Minimum 21 years old
  • Graduated or completed National Service (whichever is later and where relevant) for at least 2 years
  • No prior work experience in Artificial Intelligence, Cloud Computing, Cybersecurity, Data Analytics, Software Engineering, Technology Product Management, Business Analysis, Digital Marketing, Agile IT Project Management or User Experience Design
  • Any applicant with outstanding obligations to previous sponsorship(s) will not be allowed to participate.
  • Must not be a shareholder# of the hosting financial institution, or its related companies
  • Must not be related to the owner(s)^ of the hosting financial institution
  • Must not be immediate ex-staff of the hosting financial institution or related entities

        #does not apply to publicly traded shares in listed companies
       ^for non-publicly listed companies, refers to individuals with shareholding per ACRA profile

​Other Requirements​​ ​
For Artificial Intelligence, Cloud Computing, Cybersecurity, Software Engineering
  • Tertiary qualification (Diploma/Degree) in Science, Technology, Engineering or Mathematics (STEM)
  • Basic understanding of computer systems configuration
  • Basic knowledge of 1 programming language
For Data Analytics



  • Tertiary qualification (Diploma/Degree) in any of these areas: Science, Technology, Engineering or Mathematics (STEM) OR a quantitative field
For Technology Product Management and Business Analysis



  • Tertiary qualification (Diploma/Degree) in any of these areas: Science, Technology, Engineering or Mathematics (STEM) OR prior working experience in the Financial Services industry

For Digital Marketing, Agile IT Project Management and User Experience Design
  • Tertiary qualification (Diploma/Degree) in any area




How does it work?

How does it work?
​Full-time/Part-time
​Full-time
​Duration of Programme: ​18 months with a monthly training allowance of $5,500 for the duration of the programme for:
  • Artificial Intelligence
  • Cloud Computing
  • Cybersecurity
  • Data Analytics
  • Software Engineering

18 months with a monthly training allowance of $4,500 for the duration of the programme for:
  • Technology Product Management

12 months with a monthly training allowance of $4,500 for the duration of the programme for:
  • Business Analysis
  • Digital Marketing
  • Agile IT Project Management
  • User Experience Design





Technology Areas

Technology Areas​Training Providers
Broad Job Description
​Artificial Intelligence
​• DigiPen (Singapore)
​Support the production of scalable and optimised artificial intelligence models. Focus on building algorithms for extraction, transformation and loading of large volumes of real-time, unstructured data in order to deploy AI solutions from theoretical data models.
Cloud Computing​• SMU Academy

Assist with cloud infrastructure deployment and maintenance. Supports the configuration, integration and troubleshooting of cloud infrastructure. Assists with cloud infrastructure performance analysis to identify problems and risks to make improvement recommendations and implementations.

Cybersecurity​• BridgingMinds 
• SMU Academy

Monitor and investigate cyber security threats and defend against them. Design and implement solutions to protect applications, systems and networks. Analyse security risks for future projects and help protect customers and the financial institution from cyber risks.
Data Analytics​• DigiPen (Singapore)
• NUS Institute of Systems Science



Blend historical data from reports and perform analysis to support business and product decisions. Use development tools to generate reports, dashboards, clean and prepare the data and analytical solutions according to business rules and specifications.

Software Engineering
​• DigiPen (Singapore)
• NUS Institute of Systems Science


Apply subject matter knowledge in applications development, possessing well-developed skills in design, development, testing, debugging and implementing software applications or utility programmes to support end users’ needs.

​Technology Product Management
​• SMU Academy
Manage the product life cycle and guide product development from conception to launch, evaluating product functions and performance and propose enhancements and/or improvements to products based on feedback.
​Business Analysis
​• NUS SCALE
​Identify and analyse business requirements and system specifications to enhance processes, resolve system gaps and identify deficiencies and performance gaps before translating business requirements into functional specifications and/or support users in change controls and system updates.
​Digital Marketing
​• Singapore Polytechnic
​Support and implement partnership marketing by identifying partners, updating cross platform content, conduct market research, gather client insights and organize feedback from product and service ideas.
​Agile IT Project Management
​​• SMU Academy
​Take ownership of successful implementation of project objectives by defining project resources, managing project progress, and facilitating interaction and tasks of various parties.
User Experience Design
​​• NTU
Create user stories, personas and storyboards and develop wireframes and task flows based on users’ needs. Conduct usability assessments and test prototypes and interactive systems to recommend refinements and iterations for optimum user experience.


Participating Financial Institutions


Technology Areas​
​Financial Institutions​​
Artificial 
Intelligence​
Cloud Computing​Cybersecurity​Data Analytics
Software Engineering
Technology Product Management​Business Analysis​Digital Marketing​Agile IT Project Management​User Experience Design
​AIA 


​✔
​✔​
​Bank of America


​Bank of Singapore
​✔​​✔​​✔​
​Barclays
​✔​
​✔​​✔​
​BearingPoint
✔​✔​
​BNP Paribas
​✔​​✔​​✔
​Citibank N.A.
​✔​
​✔
​✔
​✔
​✔​
​Credit Suisse
​✔​​​✔
​​✔
​✔​
DBS Bank Ltd​​
​✔

✔ 
​✔
✔​✔​✔​
Deutsche Bank

 ✔  ✔
​✔
​Dymon
Asia
​✔
​✔
✔​
​ECICS
✔​
​Great Eastern
​​✔​​​✔​​​✔​​​✔​​​​✔
​​​✔
​​​✔​​​​✔​
​Goldman Sachs

​​✔

​Hong Leong Finance
✔​✔​✔​
✔​✔​
​Industrial and Commercial Bank of China
​​✔​​​​✔
​​✔​​​✔​​​✔​​​✔​
​JP Morgan
​​✔
​​✔
​​✔
​​✔​​​✔​​​​✔
​​✔​​​✔​
LGT Bank
​​✔​​​✔​​​✔​​​​✔
​Maybank
✔​
​Mizuho
Bank
✔​
​MLP
✔​​✔
​MSIG
✔​​✔
✔​
​MUFG
✔​
​NTUC Income
​✔
​✔
​✔
✔​✔​
Oversea-Chinese Banking Corporation Limited✔​
 ✔
✔​✔​​✔
​✔
​Partners Group

​✔
✔​✔​✔​✔​​✔
✔​
​Phillip Securities
​✔
​✔​✔
​✔
​Point72

✔​​✔

​Prudential 

​✔

​Standard Chartered Bank
​✔
​✔
​✔
​✔
​✔
✔​✔​✔​
​Schroder Asset Management
​✔​​✔​​✔​
​Singapore Exchange
✔​
​✔
✔​✔​​✔
​Sumitomo Mitsui Banking Corporation
✔​
United Overseas Bank 
Limited
✔​ ​✔
 ​​✔

​UBS
✔​
✔​
✔​
✔​
✔​
✔​
YouTrip


​How do I apply?

TFIP 2021 applications will open on 28 June 2021 and close on 10 August 2021.

In the event a particular training programme is over-subscribed or training positions at a particular financial institution have been filled, IBF reserves the right to refer applicants to other available positions.

Key Milestones

​Month
​Activity
​28 Jun - 10 Aug 2021
- Online Application
​Aug 2021
​- Screening of Eligibility Criteria
- Technical Assessment for Eligible Applicants
​Sep 2021
​- Psychometric Test and Interview by Financial Institutions for Shortlisted Applicants
​Oct 2021
​- Notification of Offer
- Acceptance and Signing of Offer
​Dec 2021
​- Training Commencement

Application Links

Please click here to download the resume submission template for your TFIP 2021 application(s). Please complete and upload the resume template in docx format only onto the application portal, under the section “Upload Supporting Documents”. Please note that your application may be rejected if the wrong resume template is uploaded.

You are not required to upload other supporting documents for the purpose of this application at this moment. Kindly ignore the sentence in the application portal that requested for your educational transcripts, referees and certifications.


​Technology Areas
​Application Link
​Artificial Intelligence
https://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00000468
​Cloud Computing
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00000420
​Cybersecurity
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00000419
​Data Analytics
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00000422
​Software Engineering
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00001338
​Technology Product Management
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00001339
​Business Analysis
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00001340
​Digital Marketing
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00001341
​Agile IT Project Management
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00001342
User Experience Design
http://conversion.mycareersfuture.gov.sg/Portal/ProgramDetails.aspx?ProgID=P00001343

Overview of TFIP

 


Want to learn more about the TFIP experience?
TFIP Session Banner (1).png

Join us in the TFIP Sharing Session at the IBF Virtual Career Fair (4 - 5 Aug), to get a better undestanding of the various programme tracks offered in TFIP 2021. You will hear directly from the business heads of participating financial institutions, as well as successfully emplaced trainees on what you can expect from TFIP 2021.

Click here to register now!


If you have further queries, please reach out to us at tfip@ibf.org.sg.