- Initiative involves ‘Certification Program on Banking Fundamentals & Business Development’ to train and up-skill youth across India
- Hiring of certified candidates will fulfil 25% of the frontline human capital requirements of
YES BANK’s Branch Banking business
- Bank to provide a unique proposition of Rapid Career Enhancement to individuals post recruitment
Mumbai, July 14, 2016: YES BANK, India’s fifth largest private sector bank, announced the commencement of YES FORCE (Front Line Opportunity for Rapid Career Enhancement) programme on World Youth Skills Day, observed every year on July 15th.
As a part of this programme, YES BANK has initiated strategic tie-ups with reputed training institutes like TimesPro, HCL TalentCare, Teamlease Skills University, IL & FS Skills Development Corporation amongst others. In partnership with these institutes, the Bank has launched a skill enhancement and career progression initiative of ‘Certification on Banking Fundamentals & Business Development’ for youth across India to aid their skill development and provide employment opportunities in Banking & Financial sales services.
YES FORCE is a 4-6 week classroom programme aimed at up-skilling young talent to enhance their ‘employability’ for ‘Day 1 Readiness’ to fill frontline business development roles in Banking. The programme content covers topics like Basics of Banking, Sales Management and is designed as a virtual “On the Job” interface. Post certification, candidates are placed as ‘Client Relationship Partner’/’Business Relationship Partner’ in YES BANK with an average compensation of Rs. 2.25 Lacs p.a. As a unique proposition of the YES FORCE programme, the young professionals will undergo Rapid Career Enhancement on the basis of performance.
YES BANK has successfully onboarded over 200 candidates under this programme, and is targeting to fulfil atleast 25% of the Bank’s frontline human capital requirements through this program to augment the rapidly expanding retail franchise and branch network. Graduates or professionals with 1-3 years experience in Banking & Finance are eligible to apply for this programme via the partner institutes.
Speaking about the launch, Mr. Rana Kapoor, Managing Director & CEO, YES BANK said,
“ With the Government of India’s stellar efforts in up-skilling the youth, it has become imperative for private sector to proactively invest in training youth to ensure sustained competitive advantage and create a pool of employable youth.
I am happy to launch YES BANK’s skills development and career enhancement programme ‘YES FORCE’ on World Youth Skilling Day to focus the Bank’s knowledge driven approach in bridging the existing skill and employability gap.
YES BANK has already partnered with NSDC & Ministry of Home Affairs to skill/employ the youth of J&K under the ‘YES UDAAN’ project”.
About YES BANK
YES BANK is a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.
YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 8 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank’s website at http://www.yesbank.in/
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