Funding support
WSG’s Funding to Employers
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Standard Rate
(SCs/PRs below age of 40)
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Enhanced Rate
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Salary Support
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Up to 70% of monthly salary for CCP training duration (capped at $5,000* per month)
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Up to 90% of monthly salary for CCP training duration (capped at $7,500* per month)
For SC/PR trainees who are unemployed and actively seeking employment for six months or more, and/or SC/PR trainees aged 40 years and above in the year of commencement of the CCP.
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*Note
- For trainees who commence training from 1 April 2024
- For trainees who commence training before 1 April 2024, the funding is capped at $4,000 and $6,000 for Standard Rate and Enhanced Rate, respectively.
Application and Selection Process
Applicants can select up to 3 preferred Financial Institutions to apply to, however IBF reserves the right to forward the application to other participating Financial Institutions.
Shortlisted applicants will be invited for interview(s) with the participating Financial Institution(s).
Successful applicants will be offered full-time employment with the hiring Financial Institution. They will acquire the necessary skills, complete the necessary Capital Markets and Financial Advisory Services (CMFAS) examinations and attain IBF Qualified (Level 1) in Retail Banking (Relationship & Sales Management) through (a) structured training with the appointed training provider and (b) on-job-training with the hiring Financial Institution.
Applications will close on 31 Jul 2023.
If you encounter any error accessing or submitting the application form, please re-try using one of these methods: use a different device, different browser, clearing your cache or using incognito mode on the browser.
Please refer to the IBF website for more details on the programme and relevant CMFAS examination information.