Standard Chartered Announces the 2013 Mobile Ventures Fellowship

Offering 10 mobile banking technology traineeships for talented young technopreneurs

SINGAPORE, Feb. 7, 2013 /PRNewswire/ -- Standard Chartered Bank today signaled its ongoing commitment to talent development in financial services technology by announcing the 2013 Mobile Ventures Fellowship (MoVe) programme.

Now in its second year, the MoVe programme was initiated as a part of the Infocomm Development Authority of Singapore's (IDA) Company-Led Training Programme (CLT). It aims to train new infocomm graduates and professionals in emerging and critical technologies. In calling for new applicants today, Standard Chartered announced another 10 traineeships for young Singaporean technopreneurs (MoVeRs) in mobile banking technology.

Simon McNamara, Chief Information Officer, Consumer Banking, at Standard Chartered Bank, said: "The Mobile Ventures Fellowship programme at Standard Chartered has already been hugely successful with 10 MoVeRs due to complete their traineeships mid-year. We are pleased that with the support of the IDA, the Bank is able to be the launchpad for the careers of Singapore's emerging talent in mobile banking technology. This programme offers talented individuals the opportunity to harness the power of digital technology to create revolutionary mobile banking experiences that are more intuitive and personalised for the Bank's customers both in Singapore and internationally."

Standard Chartered's Move programme will expose MoVeRs to the financial services industry and spur their creativity in designing and developing next generation mobile banking services for the Bank's customers. MoVeRs will be embedded within talented specialist teams at the Bank's multi-award winning global internet and mobile banking unit in Singapore. They will have the opportunity to work on the Bank's suite of mobile banking and lifestyle applications, including Breeze Banking, Breeze Trade, Breeze Good Life, Breeze Places and Breeze Home.

Standard Chartered was the first financial institution in Singapore to partner with the IDA in 2012 to offer a programme geared towards building a new generation of MoVers and shakers in mobile banking. These young minds will innovate in Singapore to harness the power of the global mobile revolution for the rest of the world. Applications will close on 28 April 2013.

For more information, Mobile Ventures Fellowship 2013 homepage: http://breeze.standardchartered.com/breeze-online-banking-blog/2013/02/01/move-fellowship-2013/

Notes to Editor

Standard Chartered in Singapore is part of an international banking group with an extensive network of over 1,700 branches and outlets in more than 70 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas.

It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank's heritage and values are expressed in its brand promise, 'Here for good'.

Standard Chartered has a history of more than 150 years in Singapore, opening its first branch here in 1859 and in October 1999 was among the first international banks to receive a Qualifying Full Bank (QFB) licence, an endorsement of the Group's long-standing commitment to its businesses in the country.

It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, auto loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, securities services, foreign exchange, debt capital markets and corporate finance.

The Bank employs over 7,000 people in Singapore and has a network of 20 branches, 7 Priority Banking centres and 31 ATMs.  Standard Chartered is the only international bank to offer NETS service, giving its customers access to EFTPOS at over 17,000 outlets islandwide.  The Bank's global businesses - Consumer and Wholesale Banking - are managed out of Singapore, as is its global Technology & Operations function.

Key awards/achievements

Business

• Leading the way through product innovation, for example, MortgageOne, e$aver, CashOne, Business Instalment Loan, Business$aver, FamilyLink, LinkOne & Visa Infinite
• First Singapore $100 million Fixed Rate Note bond offering by The Central American Bank for Economic Integration, a Latin American issuer
• Best Deposit Product in Asia Pacific and Gulf States - Xtra$aver (Asian Banker Journal - 2007)
• Best in Singapore (Structured Products Asia - 2008) 
• Deal of the Year in Singapore (The Banker - 2008)
• Best Bank in Singapore (The Asset - 2009)
• Best Debt House in Singapore (The Asset - 2007, 2008, 2009, 2010)
• Best Trade Finance Bank in Singapore (Global Finance -  2007, 2008, 2009)
• Country Deal of the Year, Singapore (Islamic Finance News - 2009, 2010)
• Singapore Capital Markets Deal of the Year (IFR Asia - 2009)
• Retail Bank of the Year (Asian Banking and Finance - 2007, 2008)
• Best Branch Initiative - Vivo City branch (Asian Banking and Finance - 2007, 2008)
• Best Self-Service Initiative - Online banking (Asian Banking and Finance - 2008)
• Best Core Banking System Initiative - Virtual banking relationship centre (Asian Banking and Finance - 2008)
• Best Consumer Internet Bank, Singapore (Global Finance - 2010, 2011)
• Best Corporate/ Institutional Internet Bank in Singapore (Global Finance - 2010)
• Best Project Financing, Singapore (Asiamoney - 2010)
• Best Singapore Deal (FinanceAsia - 2010)
• Best Singapore Deal at the Islamic Finance Awards 2010 (The Asset - 2010)
• Country Deal of the Year, Singapore (Asiamoney - 2011)
• Best Payments Product - Pay Any Card (The Asian Banker - 2011)
• Service Excellence Award, Best in Category - Breeze (Banking and Payments Asia - 2011)

Corporate / Sustainability

• Best Corporate and Employee Citizenship Award (HRM – 2008, 2009, 2011)
• Leader in HR practices (Singapore HR Awards)
  • Learning and Human Capital Development (2009, 2010)
  • Talent Management, Retention and Succession Planning(2009, 2010)
  • Performance Management (Special Mention) (2009, 2010)
  • Regional/International/Global HR practices (Special Mention) (2009, 2010)
  • Corporate Social Responsibility (2009, 2010, 2011)
• Best Graduate Development Practices and Fair Employment Practices (HRM - 2010)
• President's Social Service Award 2008
• National Volunteerism and Philanthropy Centre Corporate Citizen Award for Volunteerism 2009
• Silver Award for Best Community Programme (Global CSR Award 2010)
• Special Commendation Prize for Learning and Talent Development (Asian Human Capital Award 2010)

For more information please visit www.standardchartered.com.sg

Infocomm Development Authority of Singapore (IDA)

IDA aims to grow Singapore into a dynamic global infocomm hub and to leverage infocomm for Singapore's economic and social development.

For more information, visit www.ida.gov.sg

Company-Led Training Programme for Fresh Professionals (CLT)

The Company-Led Training Programme for Fresh Professionals (CLT), an initiative under MDEV 2.0, aims to collaborate with selected industry partners to recruit, mentor and train fresh professionals in fast-growing technologies such as Mobile Application Development, Business Analytics well as Cloud and Network Infrastructure. The objective of IDA's Manpower Development Masterplan Version 2.0 (MDEV 2.0) is to develop Singapore's local infocomm workforce for high-end, high value-add jobs, in order to meet the developments of the industry.

For more information on CLT, visit www.ida.gov.sg/CLT