‘Getting Chartered Status’ in Banking
27th June 2012
Lorcan Seery
Graduate Resourcing Manager
Santander UK
UK
Aims for this session…..
Overview of Santander UK and its quest for Early in Career
excellence
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Explain what Chartered Status means; especially within the
banking sector….
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Some examples of chartered status within the banking arena
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How we incorporate chartered status within Santander UK
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Benefits of chartered status for organisations
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Any questions?
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Why San UK needs to focus on Early in Career (EiC) talent acquisition
We need EiC populations that will provide a pipeline of future talent & potential
across the Bank, supporting our aim to Build a better Bank through coordinated
People, Talent & Resourcing strategies
Business
Goals
Retain and attract the
right people
Focus people to do the
right things
Enable our people to do
their best work
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What does Chartered Status mean in Banking?
Being chartered is generally the gold standard for professionals working in certain
sectors; recognised and supported by major financial organisations across the globe.
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Examples of chartered status within organisations:-
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CIOBS - Chartered Institute of Bankers
ACCA - Association Of Chartered Certified Accountants
CIPD – Chartered Institute of Personnel and Development
CIMA – Chartered Institute of Management and Accounting
ICAEW (ACA) – Institute of Chartered Accountants in England and Wales
CIM – Chartered Institute of Marketing
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The chartered title is an internationally recognised professional designation indicating
the highest standards of ethical and professional conduct, up-to-date technical expertise
and the capabilities/competence of a qualified professional.
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Chartered Institute of Bankers qualification
Chartered Banker is the gold standard for professionals working in the banking
sector.
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Chartered Banker gives you a world class qualification that helps you to achieve and
maintain standards of excellence and professionalism expected by clients and
employers.
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Chartered Banker is a practical, professional programme that combines theory and
practice:•
 Provide extensive, detailed and critical knowledge and understanding of the
banking sector
 Develop your skills and abilities to make professional judgements and informed
decisions in work situations.
A Chartered Banker has demonstrated and continues to demonstrate standards of
professional excellence continually develops their skills and knowledge; and
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complies with the Chartered Banker Institute's Code of Professional Conduct.
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Our UK Banking Director Steve Pateman is on the board of CIOBS.
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PROGRAMME RECOGNITION – SANTANDER SCHOOL LEAVER
PROGRAMME (FLYING START)
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 First Stock Market Challenge Event in N. Ireland – promoting the programme
Winning team with School Leaver.
Santander promotes careers to Schools
FT Advisor
New Industry Appointment FSSC UK appointed Bernadette
Brown from Santander to the
board
Whitehall 17 November 2009
NI Employment Minister welcomes
Bernadette Brown from Santander
chairing NI Future Skills Action
Group for financial services
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Chartered Accountancy………
- Santander members of staff can become qualified chartered accountants;
who usually complete a minimum of three years in-depth training including
practical experience
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- They have to commit to continuing professional development training
every year to keep their knowledge and skills up-to-date
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- They are bound by our Code of Ethics and are subject to the relevant
disciplinary procedures
- Most companies usually sponsor individuals to gain full accreditation.
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- Most of our Finance graduates receive both financial and study support to
undertake the accountancy qualifications.
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Other Chartered Qualifications….
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CIPD (Chartered Institute of Personnel & Development)
 This is a professional association for human resource
management professionals.
 Membership Status - Awarded on request to graduate members
who have three years' relevant managerial experience. Or a nongraduate member assessed against the professional standards
after five years' relevant experience.
 The CIPD’s research covers all aspects of working life, from
recruitment to employment law, and work-life balance to
productivity.
 Fellowship Status - An upgrade from Chartered MCIPD, applicants
must have at least 10 years relevant experience.
 Most of our HR Staff receive support for CIPD membership.
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Chartered
Chartered
Status Status EiC / BAU Santander UK
Graduates / Leadership
Development
Programme
Flying Start Programme
(CIOBS etc)
BAU Roles
(Accountancy / HR etc)
LDP/Graduates
Flying Start Programme
BAU Role
May be able to embark on
Professional quals
Ie CIOBS etc/CI Marketing etc
May be able to embark on
Professional quals
Ie CIOBS etc
May be able to embark on
Professional quals
Ie ACCA/ACA/ICAEW/CIPD
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Benefits of Chartered Banking Status
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These 2011 surveys posted very positive results
from a recent You Gov survey which suggested that
having chartered status brought with it many
business benefits and key ROI. This was due to the
overwhelming value bank customers saw in chartered
Banker status.
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Benefits for Chartered Status within Santander UK
 Can assist employee attraction, engagement and retention
 Enables increased competence of individuals of Santander UK
 Forges effective networking opportunities for individuals
 Can provide people with additional credibility and given we are a retail
bank – essential
 Can help our people feel like a banker and not a service manager etc
 Helps us create quality Banking professionals of the future
 Ensures full compliance to adhere to regulatory requirements
 Modern qualification can be flexed to meet evolving needs of the business
 e.g.: We can offer Professional Diploma during 1 year
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Any questions?
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