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MDA Training: Listen, Create, Deliver, Sustain
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New hires in banking at the beginning of their careers

5 things to consider for your 2020 hires in banking

1 Commercial Skills

A new employee may have all of the necessary qualifications in order to succeed within their role, but do they really know how your bank works? Developing the commercial skills of your employees from day one will immerse them within the business and give them the best opportunity to succeed in line with your long term goals and KPIs.

2 Management Development

It is never too early to consider how your new hires will develop throughout their time at your business. Introducing skills training based on management qualities will equip them for future roles as early as possible.

3 Onboarding

Onboarding is particularly important in the banking sector as new legislation and technologies are constantly influencing change to essential processes. A well-thought-out strategy is essential to retaining talent, as individuals will feel welcomed and supported from the beginning of their careers.

4 Compliance

The ever-growing uncertainty surrounding Brexit and the economy is continuing to pose problems for banking corporations of all sizes. This, of course, means that new hires need to be brought up to speed with the various compliance rules and regulations that the business adheres to.

5 Client Service Skills

The quality of client service skills among your entire workforce can ultimately make or break your company. As a key factor in securing repeat business, it is essential that your new hires understand how you engage with your clients and how meetings are typically conducted.

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