Presentation on theme: "INSTITUT DE FORMATION BANCAIRE, LUXEMBOURG"— Presentation transcript:
1 INSTITUT DE FORMATION BANCAIRE, LUXEMBOURG Luxembourg Institute for Training in Banking
2 IFBL: A portrait28/12/1990: ABBL’s training department becomes the Institut de Formation Bancaire, Luxembourg (IFBL)FoundationOfficially authorised as organiser of continuing vocational training courses (ministerial order of 17 May 1999)
3 IFBL: A Portrait Mission Objectives To induct every bank sector employee through our core module “Insertion, or induction training”.To develop individual skills and knowledge.To foster a wish for continuing training and a desire to achieve internationally recognised qualifications.To accompany every employee in his professional development or in retraining for a career in the banking sector.Train those employed in the Luxembourg financial centre in banking and banking-related careers.
4 Our training offer: 5 key principles Transparent:courses are clearly defined by category and productModular:short and sharply targeted modulesno repetition of content in the various modulesFlexibility:courses and exams can be taken independentlyPragmatic:training essentially directed towards practice and fully adapted to participant’s working dayQuality assured:“Quality circles”: definition of needs, drafting and validation of course content and exam questions, etc.
5 Certifications international or sector-specific Our courses: 5 pilarsCertifications international or sector-specificModuleModuleConferencesTailor-made trainingModuleModuleTraining pathwaysE-learning
6 Training pathways 3 pathways Induction Thematic pathways E.g. The Culture of Finance (5 modules)E.g. Taxation (10 modules)E.g. Money markets and stock markets (10 modules)Professional pathwaysE.g. Private Banking career paths:Private Banking AssistantPrivate Banking Relationship Manager(in preparation) Financial Adviser(in preparation) Financial PlannerModuleModuleModuleModuleTraining paths
7 Training pathways Modules 4 categories 4 outcomes Training pathways The Culture of FinanceMarkets and FinanceBanking and financial productsBank support functions and services4 outcomes“understand”“sell and advise”“exploit and master”“know”ModuleModuleModuleModuleM1M2M3Training pathwaysM’
8 International/sector specific qualifications Certifications and partnershipsImportance of having one’s skills recognised and certifiedWithin the sectorAt international levelTraining in Compliance, ALCOUndertakings for Collective Investment, ALFIIFBL Certified Private BankerFinancial Markets Foundation Course, ICMA Centre (Reading)Capital Markets and Financial Instruments, ICMA LuxembourgFinancial Risk Management, PRIM
9 Conferences Topical themes Upskilling Workshops and seminars 3 types of conferenceSpecialsTopical themes1.5 – 2 hours3 languages WorkshopsEssentially practical0.5 – 2 daysE.g. Human Resources cycleSeminarsNeeds expressed by customersTopical themesUpskillingWorkshops and seminars
10 E-learning E-learning Case studies Prevention of money laundering and the financing of terrorismCase studiesOpening of personal and company accountsExercises, multiple choice questions, instant feedback, simulations, references to legislationInternet/client intranetMiFID DirectiveGeneral OverviewImpact of MiFID on banking activitiesOnline Training
11 Tailor-made courses Tailored to needs Flexible timetabling Why use the IFBL?Extensive portfolio of trainers/expertsWide-ranging expertise3 languagesSome examplesCompanies and structuresAnti-money laundering trainingFinancial productsThe business and organisation of bankingTailored to needsFlexible timetablingPersonalised