(a) using the ECF-CRM as a benchmark to determine the level of competence required and assess the ongoing competence of individual employees (b) To raise and maintain the professional competence of credit risk management practitioners in the banking industry.Īlthough the ECF-CRM is not a mandatory licensing regime, AIs are encouraged to adopt it for purposes including but not limited to: ![]() (a) To develop a sustainable talent pool of credit risk management practitioners for the banking industry AND The objectives of the ECF-CRM are twofold: The Enhanced Competency Framework on Credit Risk Management (hereinafter referred to as “ECF-CRM”) is a non-statutory framework which sets out the common core competences required of credit risk management practitioners in the Hong Kong banking industry. While ECF programmes offer "role-based" knowledge and certification to Relevant Practitioners (RPs), CB is offering a vocational qualification pathway for further career advancement, being continuously enhanced to nurture more holistic banking professionals and ultimately, supporting the industry to develop a continuous learning culture and a sustainable talent pool so as to maintain the competitiveness of Hong Kong as an international financial centre. The rationale for putting all programme under one professional banking qualification is to promote an industry-based common qualifications benchmark. Since the implementation of ECF in 2018, various programmes for different job functions in banking industry have been developed and integrated into The Hong Kong Institute of Bankers (HKIB) flagship Certified Banker (CB) Programme which offer generalist, specialist, and strategic topics. ![]() With the aim of supporting capacity building and talent development for banking professionals, the Hong Kong Monetary Authority (HKMA) has been working together with the banking industry to introduce an industry-wide competency framework - "Enhanced Competency Framework (ECF) for Banking Practitioners.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |