Chartered Banker linked apprenticeship standards now complete
The Institute for Apprenticeships (IfA) yesterday approved the Level 7 “Senior Investment/Commercial Banking Professional” apprenticeship standard, including the flagship Chartered Banker Diploma as a designated professional qualification. This means that individuals working in commercial banking and similar sectors can now gain Chartered Banker status via a Level 7 apprenticeship delivered by a wide range of apprenticeship providers, including those banks that are themselves providers.
This completes the suite of financial services apprenticeship standards linked to the Chartered Banker Institute’s qualifications, including:
- Level 7 Senior Investment / Commercial Banking Professional – Chartered Banker Diploma
- Level 6 Financial Services Professional - Associate Chartered Banker Diploma
- Level 6 Relationship Manager, Banking - Professional Banker Certificate / Diploma, Associate and Chartered Banker Diploma
- Level 6 Senior Compliance / Risk Specialist - Professional Banker Certificate / Diploma, Associate and Chartered Banker Diploma
- Level 3 Senior Financial Services Customer Adviser - Professional Banker Certificate / Diploma, Certificate in Complaint Handling, Certificate in Offshore Banking Practice
- Level 3 Compliance / Risk Officer - Certificate in Complaints Handling
- Level 3 Mortgage Advisor - Mortgage Advice and Practice Certificate
The Institute is also proud to be an End Point Assessment Organisation (EPAO) for financial services apprenticeships, working with apprenticeship providers and employers to “sign off” apprentices.
Simon Thompson, Chief Executive of the Chartered Banker Institute commented:
“Apprenticeships provide a great opportunity for individuals to develop and demonstrate the knowledge, skills and behaviours expected of professional bankers. Employers will, therefore, warmly welcome the approval of the new Level 7 apprenticeship standard, and in particular its link with the Chartered Banker Diploma.
Highly qualified, knowledgeable, skilled, dedicated, customer-focused professionals will shape the future of banking and it is vital that the apprenticeship standards available support the attainment of professional banking qualifications such as Chartered Banker. “