It all starts with an induction event attended by absolutely all Higher Apprentices, whichever programme you’re on, from Compliance to Agriculture.
From there, it’s three years of balanced practical work inside the bank and academic study towards vital qualifications. With the support of your managers, your colleagues and a dedicated buddy, you’ll sharpen your financial skills on all kinds of projects and in all kinds of roles.
Many of our Compliance Apprentices will move through different rotations, depending on what’s needed in the business. What do we mean by that? Well, it’s about getting to know a role in one department within Compliance, then moving on again to try something new with another team – building your skills, your interests, your contacts, and your understanding of Compliance as a whole.
The way our rotations work means it might be six months in one team and six months in another, or it might be that you stay with one team for a full year before moving on. Sometimes, you might even stay with one team for the entire programme. It’ll vary depending on our business needs and your interests.
You’ll become a qualified professional too, as you balance real work with academia, studying towards the International Certificate in Financial Services Risk Management.
In your first year of those studies, you’ll get an introduction to a range of subject areas, starting to build your skills. That includes an extensive range of introductory modules, including:
- Risk Management
- Credit Risk
- Business Support and Recoveries
- Operational Risk
- Fraud Risk
- Financial Crime
- Traded Market Risk
- Non Traded Market Risk
- Funding Risk
- Risk Measurement
- Risk Analytics
For the first two years, you’ll spend around 4-6 weeks per academic year at university – taken as one or two weeks study blocks, spaced throughout the year. You’ll also have a half day off per week for study leave, although you might work with your manager to structure that in a different way, depending on what suits you and your team best. For instance, you might take it as a full day every fortnight.
In your second year, you’ll start to broaden your understanding, looking in more depth at specific skills required within risk management, from risk response to assessing risk appetite. In your studies, your modules will include:
- Concepts and definitions of risk and risk management
- The global business environment
- Risk Management Standard
- Risk Strategy and framework
- Enterprise Risk Management
- Risk culture, conduct, appetite and tolerance
- Risk Assessment 1 – Introduction and Identification
- Risk and Organisations
- Risk Assessment 2 – Risk Analysis and Evaluation
- Risk Assurance and Reporting
- The Commercial Environment
- Risk Response and Treatment
- Case Studies – Organisation Risk Management
Throughout your programme, there are various kinds of assessment we’ll use to help you test your skills and see your progress. Those include examinations, reviews with your manager, and then comes your final year.
Here, you’ll find your big chance to demonstrate everything you’ve learned. You’ll build your portfolio of work-based evidence, and you’ll work on a risk-based final project – all the while supported by your manager, tutor and team. Then at the end, you’ll have your professional presentation and discussion, led by Barclays and by an independent assessor – all of whom are there to help you do well.