AIA Singapore will be creating up to 500 new career opportunities to help fresh graduates and mid-career switchers affected by the Covid-19 pandemic through its Financial Career Scheme 2020.

The scheme, which also includes in-depth training and financial support to create and sustain job opportunities for Singaporeans, comes at a time where the number of retrenchments more than doubled in 2Q20.

A strategic collaboration between AIA Singapore and its flagship asset management company, AIA Investment Management (AIAIM), the scheme aims to provide support to individuals seeking careers in Singapore’s financial services sector.

Eligible candidates will undertake soft and technical skills training to enhance their industry employability, as well as receive financial support of up to $5,000 per month to sustain them while they are still enrolled in the programme.

Eligible candidates will be enrolled progressively over a period from now till March 31, 2021. Individuals will receive training over an initial 10-month period leading to three certifications including the Institute of Banking and Finance Priority Banking Level 1 certification.

“The AIA Financial Career Scheme 2020 equips individuals with the skills and necessary financial knowledge to pursue a new career path in the financial services industry. By sharing our expertise and industry knowledge, candidates will embark on fulfilling and successful careers, contributing to Singapore’s economic future well beyond Covid-19,” says Wong Sze Keed, CEO of AIA Singapore.

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