BANKING INDUSTRY TRAINING MATRIX · effect from 1 December 2004, as the current formal training matrix for the banking industry in Guernsey. The matrix is intended to be used for

The following matrix updates that circulated to AGB members in November 2003, and adopted by the AGB with effect from 1 December 2004, as the current formal training matrix for the banking industry in Guernsey. The matrix is intended to be used for guidance only. The matrix refers to relevant levels of experience considered optimal to allow an employee to be in a position to have the necessary degree of competence for the role in question. Levels of experience are indicated either in conjunction with an appropriate qualification, or on a “stand-alone” basis (with no specific qualification also held). The experience levels shown in the matrix are again meant only as a guide, and it is acknowledged that different employers will have different views on the appropriate length of experience necessary at each level. Only UK qualifications have been included in the matrix, but it is expected that employers will recognise internationally gained qualifications as appropriate. One purpose of the matrix is to assist employers and employees to chart a path through the wide range of professional qualifications available. Update training and one-off courses in anti-money laundering, data protection awareness, IT, and soft skills are not included in this matrix, but should be a key part of an individual’s training requirements. Continuing professional development (CPD) requirements are also not covered by the matrix, but in many cases, CPD is required to maintain professional body membership. This matrix has been designed and developed by the AGB in consultation with members. It will continue to be reviewed periodically and amendments circulated to the members of the AGB from time-to-time for information and guidance. K A Gibbs Association of Guernsey Banks Education Sub-Committee On behalf of the Committee of the Association of Guernsey Banks

July 2009

BANKING INDUSTRY TRAINING MATRIX

Updated January 2010

Please click on the following heading for information relating to the job position.

Private Banking Retail Banking / Counter

Services

Banking Operations Business Development/

Marketing

Lending Services/ Credit

Risk

Custody Services/

Custodian Trustee

Investment

Administration/

Securities Dealing

Investment

Management

Compliance Treasury Dealers Associated Qualifications

Private Banking

Dip FS

Compliance Knowledge

General & Business Induction

CeFS

IAQ + 4yrs & RFSC

DipFS + 3yrs

IDFA + 3yrs

CSP + 4yrs

CeFS + 4yrs

DipFS + 7yrs

IAQ + 7yrs

CSP + 7yrs

DFSM + 5yrs

IDFA + 7yrs

CeFA + 7yrs

BSc + 5yrs

BSc + 8yrs

MBA + 10yrs

DipFS + 12yrs

IDFA+ 6yrs

DFSM + 10yrs

Senior Management

IOD Company Direction Programme

BSc + 10yrs

DFSM + 12yrs

MBA + 12 yrs

Middle Management

Experienced Staff/

Junior Management

Administrators/

Supervisor 1/Supervisor 2

New Entrants

Retail Banking Services

Senior Management


BSc + 10yrs

DFSM + 12yrs

MBA + 12 yrs

BSc + 8yrs

MBA + 10yrs

DipFS + 12yrs

IDFA+ 10yrs

DFSM + 10yrs

IAQ + 7yrs

CeFA + 7yrs

DipFS + 7yrs

CSP + 7yrs

DFSM + 5yrs

IDFA + 7yrs

BSc+ 5yrs

IAQ + 4yrs & RFSC

CSP + 2yrs

IDFA + 2yrs

CSP + 4yrs

CeFS + 4yrs



Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Banking Operations


MBA + 12 yrs

DFSM + 12 yrs

BSc + 10 yrs

MBA + 10 yrs

BSc + 8yrs

DFSM + 10 yrs

DipFS + 12 yrs

IAQ + 7yrs

DipFS + 7yrs

CSP + 7yrs

DFSM + 5yrs

IDFA + 7yrs

BSc + 5yrs



IAQ 4yrs & RFSC

IDFA + 4yrs

CSP + 4 yrs

CeFS + 4yrs

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Business Development/Marketing

MBA + 12 yrs

DFSM + 15 yrs

CIM Dip + 12 yrs

Dip IM + 10 yrs

Dip IM + 8 yrs



IDFA + 3 yrs

CeFS + 4 yrs

CertIM + 3 yrs & RFSC

CPS + 3 yrs

CMP + 3 yrs

DFSM + 3yrs

CertIM + 7 yrs

CIM Dip + 5 yrs

IDFA + 5yrs

CSP + 5 yrs

BSC FS + 2 yrs

DipFS + 5 yrs

DFSM + 12 yrs

Dip IO + 8 yrs

CIM Dip + 10 yrs

MBA + 10 yrs

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Lending Services/Credit Risk



DFSM + 3yrs

CeMAR + 7 yrs

CSP + 7 yrs

DFSM + 5 yrs

DipFS + 7 yrs

BSc + 8yrs

DFSM + 10 yrs

MBA + 8 yrs

CeFS + 4 yrs

CeMAP + 3 yrs

BSc + 5yrs

BSc + 10 yrs

DFSM + 12 yrs

MBA + 10 yrs

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

RFSC

Custody Services/Custodian Trustee



DFSM + 3yrs

IDFA + 7 yrs

IAQ + 7 yrs

SII Diploma + 5yrs

BSc + 5 yrs

IAQ + 12 yrs

IDFA + 12 yrs

BSc + 10 yrs

IAQ + 4 yrs & RFSC

IDFA + 4 yrs

BSc + 12 yrs

IAQ + 15 yrs

MBA + 12 yrs

IAQ + 15 yrs

IDFA + 15 yrs

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Investment Management



IAQ + 10 yrs

Cert IM + 8 yrs

IMC + 8yrs

SII Diploma + 8 yrs

SII Diploma + 10 yrs

IAQ + 12 yrs

DOFA + 12 yrs

IDFA + 12 yrs

MBA + 8 yrs

CeFS + 4 yrs

COFA + 4yrs

IAQ + 3 yrs & RFSC

IDFA + 4 yrs

CSP + 4 yrs

COFA + 7 yrs

IAQ + 7 yrs

IDFA + 7 yrs

Cert IM + 5 yrs

IMC + 5 yrs

DOFA + 4 yrs

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Investment Administration/Securities Dealing



DFSM + 3yrs

IAQ + 7 yrs

SII Diploma + 5 yrs

IDFA + 7 yrs

COFA + 7 yrs

IDFA + 4 yrs

IAQ + 4 yrs & RFSC

CeFS + 4 yrs

COFA + 4 yrs

SII Diploma + 10 yrs

IAQ + 12 yrs

DOFA + 12 yrs

MBA + 10 yrs

IDFA + 12 yrs

IDFA

SII Diploma + 8 yrs

IAQ + 10 yrs

DOFA + 10 yrs

IAC + 10 yrs

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Compliance

ICAML + 10 yrs

IDIC + 10 yrs

IDAML + 10 yrs

ICSA Professional + 8 yrs

ICSA Professional + 8 yrs

ICAML + 12 yrs

MBA + 8 yrs

IDIC + 12 yrs

ICSA Fellowship

IDAML + 10 yrs

IDFA + 7 yrs

ICAML + 7 yrs

IDIC + 7 yrs

IDAML + 7yrs

DOFA + 5 yrs

COFA + 7 yrs

CSP + 7 yrs

CeFS + 4 yrs

ICAML + 3 yrs

CSP + 4 yrs

RFSC

COFA + 4 yrs & DOFA + 2 yrs

IDFA + 4 yrs


General and Business Induction

ICAML

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Treasury/Dealers



CeFS + 4 yrs

COFA + 4yrs

ACI DC + 3 yrs

IDFA + 4 yrs

CSP + 4 yrs

COFA + 7 yrs

ACI DC + 7 yrs

IDFA + 7 yrs

ACI Diploma + 5 yrs

DOFA + 5 yrs

CSP + 7 yrs

DFSM + 8 yrs

BSc FS + 6 yrs

ACI DC + 10 yrs

DOFA + 8 yrs

ACI Diploma + 8 yrs

ACI DC + 12

ACI Diploma + 10 yrs

BSc FS +10 yrs

DFSM +12 yrs

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

RFSC

GLOSSARY OF TERMS

Abbrev Course Association Website Local Providers ACI DC ACI Dealing Certificate ACI www.aciforex.com Guernsey Business School

ACI Dip ACI Diploma ACI www.aciforex.com Guernsey Business School

BSc FS Batchelor of Science in Financial Services

IFS www.ifslearning.com Guernsey Business School

CeFA Certificate for Financial Advisors


CeFS Certificate in Financial Studies


CertIM Certificate in Investment Management

SII www.sii.org.uk BPP

CMP Certificate in Mortgage Practice IFS www.ifslearning.com Guernsey Business School

COFA Certificate in Offshore Management and Administration

ICSA www.icsa.org.uk Guernsey Business School

IOD Company Direction Programme IOD www.iod.com GTA University Centre

CSP Customer Service Professional IFS www.ifslearning.com Guernsey Business School

DFSM Professional Diploma in Financial Services Management


DipFS Diploma in Financial Studies IFS www.ifslearning.com Guernsey Business School

Dip IO Diploma in Investment Operations

SII www.sii.org.uk

ICSA Professional Programme ICSA www.icsa.org Guernsey Business School BPP

ICSA Fellowship ICSA www.icsa.org

ICAML International Certificate in Anti-Money Laundering

ICA www.int-comp.org GTA University Centre

IDAML International Diploma in Anti-Money Laundering


IDIC International Diploma in Compliance


IDFA International Diploma in Financial Administration

IAM www.instam.org Guernsey Business School

IFA Investment and Financial Advice Qualification

SII www.sii.org.uk Guernsey Business School

IAQ Investment Administration Qualification

CISI www.sii.org.uk Guernsey Business School BPP

IMC Investment Management Certifi-cate

CFA UK www.cfauk.org Jersey Business School

MBA Masters in Business Administration

Southampton University

www.soton.ac.uk GTA University Centre

CIM Dip Professional Diploma in Marketing

CIM www.cim.co.uk GTA University Centre

SII Diploma

Securities and Investment Institute Diploma

CISI www.sii.org.uk GTA University Centre BPP

SII Masters

SII in Wealth Management CISI www.sii.org.uk GTA University Centre BPP

DOFA Diploma in Offshore Management and Administration

ICSA Www.icsa.org.uk Guernsey Business School

RFSC Risk in Financial Services Qualification

CISI www.sii.org.uk GTA University Centre Guernsey Business School

The following has been compiled as a training matrix of associated qualifications—it is intended to be used for guidance only and is to enable employees to consider the wide range of general and business management qualifications available K A Gibbs Association of Guernsey Banks Education Sub-Committee On behalf of the Committee of the Association of Guernsey Banks July 2009

BANKING INDUSTRY TRAINING MATRIX- ASSOCIATED QUALIFICATIONS

Updated June 2009

Team Leading/Management

New Entrants


ILM Introductory Certificate in Team Leading

Personal Development Programme

ILM Introductory Certificate in First Line

Management

Diploma in Management

Management Development Programme


LBS Leadership Programme

Executive Diploma in Management


Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


Sales & Marketing

CIM PG Diploma

ICSA Professional

CIM PG Diploma + 10 yrs

ICSA Professional + 8yrs

CIM Professional Diploma

ICSA Pre Professional

CIM Professional Certificate

ICSA Diploma



ICSA Certificate

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Human Resources


Certificate in Personnel Practice






ILM Introductory Certificate in First Line Manage-

ment (or equiv)

Chartered Management Institute (level 5)

PG Diploma in Personnel Development

MCIPD/FCIPD

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Finance Directors

ACCA Foundation


AAT Foundation


CAT

CAT

AAT Intermediate

ACCA Foundation



CAT + 3 yrs


AAT Technician

ACCA Foundation/Intermediate

CAT + 7 yrs

ACCA Affiliate/FCCA

Chartered Management Institute (Level 5)

MBA

ACCA

ILM Introductory Certificate in First Line Manage-

ment (or equiv)

Senior Management

Middle Management

Experienced Staff/

Junior Management

Administrators/


New Entrants

Glossary

AAT Association of Accounting Technicians

ACCA Association of Chartered Certified Accountants

CAT Certified Accounting Technician

CIM Chartered Institute of Marketing

CMI Chartered Management Institute

FCCA Fellow Member of the ACCA

FCIPD Fellow of the Chartered Institute of Personnel Development

FCA Fellow of the Institute of Chartered Accountants

FSI Fellow of the Securities and Institute

ICSA Institute of Chartered Secretaries and Administrators

IOD Institute of Directors

ILM Institute of Leadership and Management

LBS London Business School

MBA Masters in Business Administration

MCIPD Member of the Chartered Institute of Personnel Development

Course Association Website Local Provider

Certificate in Finance and Administration


Chartered Management Institute

CMI www.managers.org.uk GTA University Centre

Company Direction Programme IOD www.iod.com GTA University Centre

Diploma in Offshore Finance and Administration


Diploma in Management ILM CMI

www.i-l-m.com www.managers.org.uk

GTA University Centre Guernsey Business School

ILM Introductory Certificate in First Line Management

ILM www.i-l-m.com

GTA University Centre


ILM www.i-l-m.com

GTA University Centre

Masters in Business Administration

University of Southamp-ton

www.soton.ac.uk GTA University Centre

Personal Development Programme/Management Development Programme

n/a GTA University Centre

Professional Certificate in Marketing


Professional Diploma in Marketing


Professional Post Graduate Diploma in Marketing


BANKING INDUSTRY TRAINING MATRIX · effect from 1 December 2004, as the current formal training matrix for the banking industry in Guernsey. The matrix is intended to be used for

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