Singapore bank DBS has announced plans to hire as many as 100 developers skilled in new and cutting-edge technologies, as it ups the ante on reimagining banking.
Deciding on an innovative approach to recruitment, DBS will break industry norms and identify successful candidates through a coding challenge and hackathon - the first bank in Southeast Asia to do so. Both fresh graduates and experienced professionals can apply.
Hack2Hire as the bank calls it is set to identify coding talent skilled in new technologies e.g. cloud, machine learning and Big Data. The bank expects the new jobs to help it cement its position as a leading digital bank, it said today in a statement.
Financial Services A Key Driver
Last year DBS Bank opened DBS Asia X. Located at the Sandcrawler Building in Fusionopolis, a 16,000 square feet innovation space, making it one of the first banks in the region to adopt human-centred design thinking.
The financial services sector has been one of the key drivers of Singapore's growth in recent years and DBS has made significant investments in strategic technology initiatives catalysing a change in culture within the bank to one that is more «fintech-like» in nature.
New World of Seamless Banking
The recruitment drive, DBS Hack2Hire, consists of two parts - an online assessment challenge to gauge the programming and technical capabilities of candidates, followed by a live two-day hackathon session, where their approach to problem solving will be put to the test. Shortlisted candidates from the second round will be offered full-time roles at DBS.
«We are seeing rapid advancements in banking technology using cloud, machine learning and Big Data, which are paving the way for a new world of seamless banking. We believe that recruiting via a hackathon is an innovative and effective way to attract the right talent,» said Soh Siew Choo, DBS’ Group Head of Core Systems Technology.
DBS Hack2Hire will be conducted in collaboration with leading technology providers Amazon Web Services, Cloudera and Pivotal.
«It is impressive that a financial institution like DBS is using new, innovative ways to bring in talent with cloud development skills, and we are delighted to support them while grooming the technology leaders of tomorrow,» said Nick Walton, (pictured) Head of ASEAN of Amazon Web Services.
