Bank of America Merrill Lynch has opened applications for its tenth UK Returning Talent programme for those with a background in financial services. read more
Bank of America Merrill Lynch opens applications for its 10th UK Returning Talent programme. Individuals who have been out of work for 12 months or longer – for example, stay-at-home parents or carers, or someone who has chosen to take a career break – are invited to apply via the company’s Careers site.
The conference and workshops will take place in February 2019. Bank of America Merrill Lynch, in partnership with the Executive Coaching Consultancy, is looking to attract individuals with a financial services background including but not limited to banking operations, technology, finance, project and change management, compliance, audit, HR, sales and trading, and advisory. The company plans to source suitable candidates from the programme to fill several London-based positions.
Following the success of earlier offerings, 2019’s programme commences with a conference giving 50 participants the opportunity to explore the changing workplace and the role of the returner in this new office environment through a number of speaker sessions, panel events and workshops. Participants will also gain insight into Bank of America Merrill Lynch as a potential employer.
25 attendees will then be selected to attend two full-day workshops designed to support a transition back to work; offer practical guidance on focusing and managing a career search; provide interview skills sessions and insights into balancing work and home lives; and give access to executive coaching. There will also be opportunities for participants to start expanding their professional connections through a series of networking sessions with bank employees.
Bank of America Merrill Lynch differentiates its offering in the market by moving away from the “returnship” model and instead placing the emphasis on providing participants with the requisite toolkit to re-ignite their careers, within any organization, including, but not limited to, Bank of America Merrill Lynch.
“Our award winning programme is helping men and women recognise that their situation is not unusual and that choosing to take a career break does not suddenly render them ‘unskilled’ or ‘unambitious’”, said Neeha Khurana, international talent executive at Bank of America Merrill Lynch.
“During a time away from the work place, people acquire new talents and a fresh perspective – both of which are attractive to a prospective employer, and increasingly sought after source of talent in today’s market. Returning Talent has been supporting and enabling talent back into the workplace since 2012 and we are immensely proud of the hundreds of participants we have met and helped to re-focus their search, update their knowledge, and continue their careers.”
Sara Koodoruth, a 2017 Returning Talent participant who has since joined Bank of America Merrill Lynch as a compensation consultant, said: “Returning Talent was a fantastic opportunity for me to take the necessary steps towards reigniting my career after taking an extended break to raise my children. It was refreshing to meet like-minded people in a similar position to me.
The workshop facilitators offered excellent advice on how to identify my transferable skills and play to my strengths. After a year into my role as a contractor, I was delighted to be offered a permanent position with the Bank. This re-iterated the fact that with a certain amount of persistence and resilience it is still possible to achieve your career aspirations even after taking an extended break from the industry.”
Seven years ago, Bank of America Merrill Lynch pioneered one of the first returner programmes for experienced professionals. Since then, the programme has expanded with sessions now running in Chester and Dublin. More than 450 people have taken part in this initiative, with many going on to secure roles at Bank of America Merrill Lynch or at other firms.
The company’s progress in this area, as well as its ongoing commitment to develop female talent, won it the 2015 Workingmums Top Employer Award for Career Progression. Building on this achievement, Bank of America Merrill Lynch was named the World’s Best Bank for Diversity & Inclusion in 2016 and 2018 in the Euromoney Awards for Excellence. In March this year, the company further pledged its commitment to diversity by signing the HMT Women in Finance