ORGANISERS

Co-organised by:
• The Hong Kong Monetary Authority (HKMA)
• The Private Wealth Management Association (PWMA)

Administered by:
• The Hong Kong Institute of Bankers (HKIB)

WHAT IS PRIVATE WEALTH MANAGEMENT?

2019 Pilot Apprenticeship Programme

For Hong Kong university students interested in applying for the Pilot Apprenticeship Programme for Private Wealth Management, here are a few answers to some basic questions you might have about the business and the way it works. Applications are open from now until 9 December 2018 through the application center. https://pwma.tal.net/vx/lang-en-GB/mobile-0/appcentre-1/brand-4/user-2/xf-36a77ed023b5/wid-1/candidate/so/pm/1/pl/1/opp/20/apply/en-GB #Privatewealth #PWMA_HK #Privatebanks

Private Wealth Management Association – PWMA 發佈於 2018年11月12日星期一

THE PROGRAMME

Two rounds of paid summer apprenticeship for university students in the area of private wealth management. The summer apprenticeship will last for a total of sixteen weeks in the summer of 2021 and 2022.

Through these consecutive summer apprenticeship, university students will gain experience across a range of functions in the private wealth management industry, leading to a potential job offer upon graduation.

The aim of the Programme is to provide university students with “front-to- back” experience in the private wealth management business. Successful applicants will have the opportunity to learn about different investment products, client services, risk management, compliance and internal controls. The experience gained through this programme will provide students a solid foundation for a career in the private wealth management industry.

WHY WEALTH MANAGEMENT

Rapid economic growth in Mainland China and the rest of Asia over recent decades has created a burgeoning demand from individuals for professional wealth management services such as financial planning and investment portfolio management. Hong Kong is extremely well positioned to capture this business given its status as a regional business and financial services hub.

To promote the role of Hong Kong as a world class wealth and asset management hub by growing a sustainable talent pool for the industry, private wealth management firms in Hong Kong need talented recruits who can be trained up for positions responsible for managing client relationships and offering investment advice, as well as managing the business, ensuring regulatory compliance and controlling risk at the firms providing these services.


ELIGIBLE TALENTS

Full-time undergraduates, in their first to third year of study, in any disciplines (not only business and finance) of the following universities are eligible to apply:

  • City University of Hong Kong
  • Hong Kong Baptist University
  • Lingnan University
  • The Chinese University of Hong Kong
  • The Education University of Hong Kong
  • The Hong Kong Polytechnic University
  • The Hong Kong University of Science and Technology
  • The University of Hong Kong

PARTICIPATING INSTITUTIONS

  • Bank Julius Baer & Co. AG
  • Bank of China (Hong Kong) Limited
  • Bank of Communications (Hong Kong) Limited
  • Bank of Singapore Limited
  • BNP Paribas
  • CA Indosuez (Switzerland) SA
  • Citibank, N.A.
  • Credit Suisse AG
  • Dah Sing Bank, Limited
  • Deutsche Bank AG
  • EFG Bank AG
  • Goldman Sachs (Asia) L.L.C.
  • LGT Bank AG
  • Nomura International (Hong Kong) Limited
  • Pictet & Cie (Europe) S.A
  • Standard Chartered Bank (Hong Kong) Limited
  • The Bank of East Asia, Limited
  • UBS AG

APPRENTICE EXPERIENCE SHARING

Apprentice Experience Sharing

Apprentice Experience SharingInes Tang from the Pilot Apprenticeship Programme for Private Wealth Management class of 2018 shares what it’s like to be an Apprentice and her advice to students who wish to join the programme.#PWMA_HK #PWMAleaders #PrivateWealthManagement #PrivateWealth #apprenticeship #PWMAapprenticeship

Private Wealth Management Association – PWMA 發佈於 2019年11月7日星期四
Compliance’s video

Want to know more about Compliance at a Private Wealth Management firm? Jason Lau, an Apprentice in the Class of 2018 enrolled in the Pilot Apprenticeship Programme for Private Wealth Management, explains.#PWMA_HK #PWMAleaders #PrivateWealthManagement #PrivateWealth #apprenticeship #PWMAapprenticeship

Private Wealth Management Association – PWMA 發佈於 2019年11月4日星期一
PWMA apprenticeship

Want to know more about relationship management and client advisory work at a Private Wealth Management firm? Winifred Chan, an Apprentice enrolled in the Pilot Apprenticeship Programme for Private Wealth Management, explains.#PWMA_HK #PWMAleaders #PrivateWealthManagement #PrivateWealth #apprenticeship #PWMAapprenticeship

Private Wealth Management Association – PWMA 發佈於 2019年10月25日星期五
Operations Management

Operations ManagementWant to know more about Operations Management at a Private Wealth Management firm? Raffia Zhang and Caspar Chan, Apprentices enrolled in the Pilot Apprenticeship Programme for Private Wealth Management, explain.#PWMA_HK #PWMAleaders #PrivateWealthManagement #PrivateWealth #apprenticeship #PWMAapprenticeship #RaffiaZhang #CasparChan

Private Wealth Management Association – PWMA 發佈於 2019年11月21日星期四

STIPEND ALLOWANCE

Students will receive a recommended stipend allowance of not less than HK$10,000 from their host institution sponsored in part by the HKMA.

LATEST UPDATES

Students can download the rundown of the Virtual Recruitment Day in this link and submit online application form from 12 November 2020 to 6 December 2020.