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Industry news

Standard Chartered releases apprenticeship scheme to reduce employment barriers


28 July 2021 UK
Reporter: Carmella Haswell

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Image: Jomic/stock.adobe.com
Standard Chartered, the UK’s financial services company, unveils an apprenticeship scheme to reduce employment barriers for school leavers.

The financial market apprenticeship scheme replaces an academic qualification prerequisite with assessment materials to identify candidates’ potential.

Seeking to engage with disadvantaged and disengaged communities, apprentices will receive a start-up payment to assist with travel costs, business attire and an onboarding programme, which looks to develop professionalism and confidence in the workplace.

Henrik Raber, global head of credit markets at Standard Chartered, says: “The introduction and approach of our financial markets apprenticeship scheme has proven there is high-potential talent out there amongst individuals who would normally not have access to such opportunities.

“To be truly diverse and inclusive, organisations need to re-think their approach to talent management and resourcing. We recognise that passion and ability cannot always be measured by academic performance alone. We are proud to charge on a path that will hopefully provide greater opportunities to all.”
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