Building skills in financial services
Our work is focused on building skills in the financial
services sector.
HOW WE WORK
We are working directly with businesses to ensure that the sector has the talent and skills it needs for the future.
Our collaborative working model and four workstreams are addressing the sector’s skills gaps and seeking solutions to enable the recruitment, retention and development of a more inclusive and diverse workforce.
Our workstreams
address four objectives
1 Prioritise a reskilling approach, underpinned by improved long-term forecasting of future skills needs
Remain at the forefront of skills needs forecasting for FS and publish an annual
forecast of the sector’s skills needs.
Improve long-term skills forecasting across the sector, embedding a rigorous approach.
Make the case for investing in reskilling/upskilling/cross skilling and a culture of
continuous learning, influencing industry leaders, sharing best practice.
2 Embed a reskilling approach by creation of actionable tools and content and sharing best practice
Define the future skill requirements via a Future Skills Framework and promote adoption by firms and key stakeholders.
Improve the learning culture in the sector.
Develop principles to support learning of future skills withing firms, including
pathways with the aim of driving increased personalisation and take up of learning.
3 Broaden the pool of talent through improved attraction, recruitment, retention and diversity & inclusion
Improve attraction, recruitment and retention for future skills.
Increase access to talent with future skills by understanding how improved diversity and inclusion can broaden talent pool.
Work with stakeholders to build relevant skills in the potential and future workforce.
4 Act as the collective voice of the sector and convenor on skills matters
Put in place mechanisms for constructive dialogue and engagement with education sectors, government and other stakeholders advocating for change.
Represent the sector on skills and deliver added value for members.
Act as a convenor on skills in Financial Services, representing the sector through
comprehensive membership.
