Major Banks Begin Second Half Open Recruitment... Shinhan and Kookmin 'In Progress' (Comprehensive)

Kookmin Bank to Hire 270 Employees, Shinhan Bank to Hire 250 Employees

[Asia Economy Reporter Park Sun-mi] Following Shinhan Bank, KB Kookmin Bank has begun its second half public recruitment schedule, fully opening the recruitment season in the banking sector for the latter half of the year. A common feature is the expansion of recruitment targets to various groups in line with ESG (Environmental, Social, and Governance) management and a focus on securing talent with digital capabilities.

According to the banking sector on the 1st, KB Kookmin Bank plans to hire about 270 new and experienced employees in the second half of this year. This number is higher than the 200 hires in the second half of last year. The recruitment areas include five sectors: ▲Universal Banker (General and Marketing), which integrates personal and corporate finance roles, and professional qualifications (lawyer, accountant, patent attorney) ▲Global Investment Banking (IB) ▲Job experts (ICT recruiting experts, marketing experts, UX/UI experts) ▲ICT (for persons with disabilities) ▲ESG Shared Growth (specialized high schools, children of multicultural families, North Korean defectors, basic livelihood security recipients).

Kookmin Bank is focusing on job-centered recruitment to proactively respond to the continuous changes in the financial environment. For Universal Banker recruitment, where sales capabilities are emphasized, digital literacy is also carefully evaluated in line with changing times. A notable feature is the establishment of the ESG Shared Growth sector to practice social responsibility management, emphasizing ESG management. The recruitment targets have been expanded beyond the continuously recruited veterans, persons with disabilities, and specialized high school sectors to include children of multicultural families, North Korean defectors, and basic livelihood security recipients.

Shinhan Bank, which completed document submissions in the latter half of last month and is preparing for written and interview screenings, plans to hire 250 people in the second half of this year. The general positions (corporate and wealth management (WM)) will be recruited through open recruitment for new employees, including ▲special recruitment for social value ▲digital and ICT occasional recruitment ▲special screening for Samsung Youth SW Academy under digital and ICT occasional recruitment.

Shinhan Bank also selects talent with digital capabilities for all positions to lead digital finance and has separately established special recruitment for social value, expanding recruitment to persons with disabilities, national veterans, children of multicultural families, etc. In particular, children of public officials who died in the line of duty while performing essential public services such as firefighting, police, and military, whose importance has increased due to COVID-19, will be given preferential selection.

Other major commercial banks such as Hana, Woori, and NH Nonghyup are also expected to announce their second half recruitment notices this month or by next month at the latest. Although the announcement dates are somewhat delayed compared to last year, the government and financial authorities continue to emphasize job creation in the financial sector, so recruitment in the second half is expected to be at least at a similar level to the second half of last year.

The three policy banks have also simultaneously started their second half recruitment. IBK Industrial Bank, Korea Development Bank, and Export-Import Bank of Korea have completed document submissions and are proceeding with written and interview procedures, aiming to hire 100, 91, and 40 people respectively. In particular, IBK Industrial Bank is practicing ‘unbiased and inclusive personnel’ by conducting a separate recruitment process for high school graduate talents for new employees in the second half of this year as well as last year.

A banking official said, "Although the desired talent and recruitment procedures are gradually changing due to the expansion of non-face-to-face financial services, the number of new hires will not sharply decrease," adding, "The banking sector is maintaining recruitment scale while pursuing workforce efficiency by actively utilizing voluntary retirement systems at the end of the year."

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