Students gear up for sixth annual Jersey Finance work experience scheme

A group of sixth form students are embarking on a work experience program organised by Jersey Finance in partnership with Careers Jersey this week.

32 students will undertake up to two weeks work experience at various local financial services firms between 15th and 26th July, as part of Jersey Finance’s ‘Life in Finance’ program.

At the end of last week (Friday 12th July), all the students also took part in an introductory session at Jersey Finance’s offices, when they were given an initial insight into the various sectors of the finance industry and were briefed about what their work placements would involve.

There are 18 different local firms hosting the students as part of the program this year. They are: Affinity Private Wealth, Appleby, BNP Paribas, Capita Fiduciary Group, Computershare, Deloitte, EFG Offshore, Hawksford Group, HSBC, J.P. Morgan, JTC Group, Lloyds Banking Group, Mourant Ozannes, Ogier, PwC CI LLP, Royal Bank of Canada, Royal Bank of Scotland International Limited, Sator Regulatory Consulting Limited.

Now in its sixth year, the Life in Finance programme provides a practical way for Year 12 students to gain new business and personal skills, learn about the finance industry and gain an insight into the diverse careers opportunities available. It offers work placements of up to two weeks for students from schools across the Island who are considering a career within the finance industry. To date, the programme has supported almost 150 students.

Carla Harris, communications manager at Jersey Finance, commented:

“In the sixth year that we have run this program with Careers Jersey, it is encouraging that we are still receiving an overwhelming number of applications from students. This clearly reflects the importance they place on developing their employability skills in a persistently challenging job market. At the same time, that a good number of firms remain keen to offer placements is a positive indication of the appetite there is from employers in the finance industry to invest in Jersey’s future workforce.”

Sue Walsh, Work Related Learning Manager at Careers Jersey, added:

“Work-based learning can really help students on a number of levels as they prepare for a career, and this placement program is a fantastic way to do that. It gives them a unique opportunity to acquire an insight into the career choices that exist within the finance industry and a chance to demonstrate their employability skills to potential future employers. In the current job market, these kinds of opportunities are absolutely vital for young people.”

The Survey of Financial Institutions 2012 showed that 220 local school and university leavers were recruited into the finance industry last year, a figure that has stayed relatively constant over the past four years.

Some of the Life in Finance students 

Winners of the Status Game task