Financial Public Enterprises Open Second Half Recruitment... Over 600 Positions Expected (Comprehensive)

September 11 Written Exams by Financial Supervisory Service, Bank of Korea, and Export-Import Bank

[Asia Economy Reporter Park Sun-mi] The scale of new hires in financial public enterprises for the second half of this year is expected to exceed 600. While banks are filling positions through rolling recruitment instead of large-scale public recruitment in the second half, financial public enterprises are actively creating jobs by confirming public recruitment schedules despite the COVID-19 situation.

According to the financial sector on the 3rd, the Financial Supervisory Service (FSS) is proceeding with the recruitment process for 90 comprehensive staff (Grade 5) in the second half of this year. Applications were accepted until the end of last month, and the first written exam is scheduled for the 11th. The second written exam will be held on the 23rd of next month, followed by first and second interviews in November and December, with final successful candidates to be announced at the end of the year or early January next year. The Bank of Korea is also recruiting 50 new employees. The written exam will be held on the 11th, followed by interviews in October, with final successful candidates announced in November. The Korea Exchange, which is hiring 43 new employees, will hold its written exam on the 11th of this month.

Among the policy banks, IBK Industrial Bank of Korea has the largest scale of new employee recruitment at 100. Applications are accepted until the 24th, and after document screening, written exams, practical tests, and interviews, final successful candidates will be announced in December. Reflecting IBK President Yoon Jong-won's philosophy of ‘unbiased and inclusive personnel,’ a separate recruitment track for high school graduates allowing ‘employment first, then further education’ is also being conducted. High school graduates can learn on the job after joining and receive support for obtaining a bachelor's degree through competency development support programs. Following the recruitment of 500 youth interns this year, an additional 250 youth interns will be hired in the second half.

Korea Development Bank plans to announce new recruitment next week. The number of hires is planned to be higher than last year's 59. The Export-Import Bank, which plans to hire 40, is accepting applications until the 8th of this month. Without a separate announcement of document screening results, the first written exam will be held on the 11th, followed by the second written exam and interviews in October.

The Korea Deposit Insurance Corporation completed document submissions by last month to hire 21 new employees in the second half and will conduct the written exam on the 11th of this month. The Korea Credit Guarantee Fund will publicly recruit 99 new employees in the second half. Document submissions are accepted until the 7th of this month. In addition to 70 financial administrative personnel, 17 specialists including 12 ICT and data experts and 5 technical evaluation personnel will be hired, and 12 candidates will be selected through a special high school recruitment track.

The Korea Securities Depository plans to complete the recruitment process for 50 new employees within this month. Although the final successful candidates were originally scheduled to be announced by the end of last month, the schedule was postponed due to the spread of COVID-19, and interviews will continue until the 15th. Earlier, the Korea Housing Finance Corporation completed the recruitment of 72 new employees and is preparing for personnel appointments.

A representative of a financial public enterprise explained, "As the COVID-19 pandemic prolongs, the role of policy finance has been emphasized, and demand for personnel has rapidly increased," adding, "The lukewarm attitude of major commercial banks toward recruitment is also believed to have somewhat influenced the expansion of recruitment scale."

This content was produced with the assistance of AI translation services.