UOB to create 1,000 jobs for fresh grads even as concerns rise over AI’s impact on entry-level roles
The bank is also equipping 5,500 managers across the region with skills to become better leaders.
UOB plans to hire 1,000 fresh graduates over the next year, despite growing concerns that artificial intelligence (AI) will impact entry-level job hiring. The positions will primarily be permanent and include roles in personal financial services, anti-money laundering, and opportunities through the Future Bankers Programme, Management Associate Programme, and internships.
Additionally, the bank will train 5,500 managers to better lead in an AI-enabled workplace by the end of 2027. CEO Wee Ee Cheong emphasized that while AI can handle routine tasks, human judgment remains crucial, especially for sales and decision-making. Young professionals like Russell Yong and Shrutikhaa Katakam, who are part of the bank's Future Bankers Programme, appreciate the valuable experience and networking opportunities provided by such programs.
Both acknowledge the importance of developing both hard and soft skills in this AI-driven era. As routine tasks become automated, Yong believes fresh graduates may face challenges in finding ways to contribute meaningfully. Katakam stresses the need for a blend of technical expertise and soft skills, particularly relevant in the finance industry.
The bank also plans to enhance the Gig+U programme, offering flexible work options to experienced professionals, mothers returning to the workforce, and those seeking part-time or fixed-term roles.
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