Step into Careers in Banking
Friday 3 February 2012
08.30
09.20
09.25
09.40
10.00
10.45
Registration and refreshments
Welcome
Jenny Barber, Head of Education and Careers, Financial Skills
Partnership
Trends in banking
Brian Capon, Assistant Director of Media Relations, British Bankers
Association
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
Question time: the real story
Representatives from Barclays, HSBC, Nationwide, Santander , British
Bankers Association and the Institute of Financial Services
Conclusion and close
Jenny Barber, Head of Education and Careers, Financial Skills
Partnership
ifs School of Finance
Step into Banking
The difference between, Retail, Corporate and
Wholesale banking
Rod McKee
Vice Principal Financial Capability
Ifs School of Finance
David Fear
Relationship Director
Institute of Financial Services
ifs School of Finance
Background of the ifs
•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
Industry Segments within
the Banking Industry
http://www.ifslearning.ac.uk/Careers/GettingStartedInFinancialServi
ces/IndustrySectors.aspx
RETAIL BANKING
BUSINESS &
CORPORATE
BANKING
INVESTMENT
BANKING
ifs School of Finance
ifs School of Finance
ifs School of Finance
RETAIL BANKING
http://www.ifslearning.ac.uk/Careers/GettingStartedInFinancialServi
ces/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 & CORPORATE
BANKING
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 BANKING
http://www.ifslearning.ac.uk/Careers/GettingStartedInFinancialServi
ces/IndustrySectors/InvestmentBanking.aspx
Investment banking
Investment 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 bankings
This 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
Retail Banking Graduate Entry
Programmes
Wealth Management
Operations and Administration
Mortgage Adviser
Financial Adviser
Customer Service and Sales
Representative — Call Centre
Customer Service and Sales
Representative — Branch
Business Banker
Credit Risk Officer
ifs School of Finance
JOB OPPORTUNITIES WITHIN EACH SECTOR
BUSINESS & CORPORATE
Business Banker
Corporate Finance
Operations and Administration
Credit Risk Officer
Compliance Officer
ifs School of Finance
JOB OPPORTUNITIES WITHIN EACH SECTOR
INVESTMENT BANKING
Corporate Finance.
Trader
City Operations and Trade
Support
Credit Officer
Investment Management
ACT.
Equity/Financial Analyst
ifs School of Finance
Thank you for listening