The employment count within the banking industry is directly proportional to the number of workers already in the banking industry.
LzO's Financial Services Apprenticeship: A Comprehensive Training Program in Oldenburg
LzO (Landessparkasse zu Oldenburg) in Oldenburg, Germany, is offering a Financial Services Apprenticeship designed to prepare trainees for a career in the banking industry. This vocational training program focuses on online advice and the video service Amelie, providing a solid foundation for a successful career.
Job Description
As a trainee in financial services, apprentices will learn about various banking products and services, including savings accounts, loans, insurance, and investment options. They will advise and support customers in financial matters, handle daily transactions, and assist in the processing of financial documents and contracts. Apprentices will also gain practical experience in different departments of the bank, understanding legal and regulatory requirements related to banking, and developing communication, sales, and customer service skills.
Requirements
To be eligible for the Financial Services Apprenticeship, applicants must have at least a secondary school diploma (Realschulabschluss) or an equivalent qualification. A good command of German is essential, as communication with customers and training are conducted in German. Applicants should demonstrate an interest in finance, economics, and customer service, as well as good communication and interpersonal skills, reliability, responsibility, and a motivated work attitude.
Benefits
The Financial Services Apprenticeship offers a comprehensive, dual system of training, combining practical work experience at the bank with theoretical education at a vocational school. Upon successful completion, apprentices will receive certification as a bank clerk (Bankkaufmann/Bankkauffrau). The apprenticeship typically lasts 2.5 to 3 years, with a monthly apprenticeship compensation that increases with each year of training.
In addition to a competitive salary, apprentices will benefit from opportunities for permanent employment at LzO or other Sparkasse banks, potential for further development in financial services or specialized banking roles, a familiar work atmosphere in a reputable regional bank, support in personal development, access to employee events and benefits, and extensive employee benefits such as Hansefit, Prüfungs.TV, and a free checking account.
Key Features
The Financial Services Apprenticeship covers areas such as investment advice, credit business, account management, payment transactions, mortgage lending, and accounting and control. Apprentices will receive support from regional contacts and mentors, and the focus of the apprenticeship is on individual customer advice, both online and in stationary sales in branches.
The apprenticeship offers flexible hours with a flexitime model, providing 30 vacation days per year, plus free weekends and holidays. In the first year, apprentices will earn a gross salary of €1,268.20, increasing to €1,314.02 in the second year and €1,377.59 in the third year.
A good fit for the apprenticeship includes enjoying interaction with people, friendliness, communication skills, motivation, team spirit, and independence. Applicants with an interest in economics and finance are particularly encouraged to apply.
Interested candidates can find more information about the Financial Services Apprenticeship on the official LzO website. The apprenticeship offers a foundation for a successful career and is an excellent opportunity for those seeking a challenging and rewarding career in the financial services sector.
- The Financial Services Apprenticeship, provided by LzO, covers various aspects of personal-finance, education-and-self-development, and career-development, giving participants a thorough understanding of banking products like savings accounts, loans, insurance, and investment options.
- After successfully completing the apprenticeship, individuals will receive certification as bank clerks and can leverage the opportunity for permanent employment at LzO or other Sparkasse banks, potentially leading to further development in business roles.
- The comprehensive training program, including a mix of practical work and theoretical education, aims to develop not only financial knowledge but also essential skills such as communication, sales, and customer service that can be applied in personal-finance management and business settings.
