Tag: Banking training
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A guide to engaging new hires in banking with interactive training
Make no mistake; interactive training has always been important for businesses looking to engage their new hires, particularly when it comes to creating memorable training programmes. With traditional methods and classroom-based training solutions not viable for so many businesses around the world due to the ongoing coronavirus pandemic, however, much more attention is now being…
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Is it possible to build client relationships in banking virtually?
It cannot be stressed enough how crucial client service skills and relationship management in banking both are, for businesses of all sizes. A group of employees may possess the strongest technical and credit skills in the market, but without effective communication and personalised customer-service relationships will always inevitably break down. Especially now, as a recession…
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Virtual early careers training for banks
Employees in the banking sector will use the skills they learn from day one to help them succeed long term, which ultimately highlights the importance of effective early careers development. For this year at least, however, the worldwide economic disruption caused by the ongoing coronavirus pandemic will change the way that graduates, interns and new…
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How bankers can pitch and present with confidence both in-person and virtually
Banks and investment management companies pay a significant amount of attention to the technical skills required to excel in the increasingly competitive industry – such as credit skills and compliance. Of course, these are fundamental areas which inherently contribute to either success or failure, but is enough attention being paid to the interpersonal skills needed…
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Why banks need digital solutions, now more than ever
As a result of the ongoing coronavirus (COVID-19) pandemic, digital banking solutions are going to be essential if banks want to ensure continuity. As we covered in our previous blog, once life returns to “normal”, consumers are going to be relying on those in banking more than ever before. From managing their finances to resuming…
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Assessing the credit skills within your bank
Credit skills are integral to the operational performance of any bank from a financial, operational and relationship management perspective. While the majority of employees in the banking sector will focus on developing their technical credit skills from day one, the uncertain and changing nature of the marketplace means that regular learning and development is necessary…
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Running a digital banking training simulation
Here at MDA Training, delivering bespoke, experiential learning programmes and activities for businesses all over the world is at the heart of everything we do. Now that many companies are limited in the sense that their employees are working from home, being able to go out and deliver these sessions has become inherently more difficult.…
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Assessing operational risks in banks throughout 2024 and beyond
Risk management in banking has never been more complex than it is today. The past decade brought with it a global financial crisis, banking scandals, technological advancements, and much more. All of this has contributed to tightened regulations and increased compliance on a worldwide scale. The operational risks that banks have to juggle are as…
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What skills are employers looking for in banking graduates?
With so many fresh-faced graduates trying desperately to get their foot in the door of the banking industry, it can be hard to differentiate between the mass of applicants, each with similar qualifications and experience. In order to identify which graduates are best suited for a role in banking, employers need to look beyond the…
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Have you perfected your onboarding strategy in banking?
Onboarding is the process of integrating new hires within your company culture and processes, while also equipping individuals with the tools and skills that they need to become a productive team member. Creating an effective and thorough onboarding strategy is particularly essential in the banking sector, as it gives prospective employees an overview of the…