3. INVEST IN RESKILLING AND UPSKILLING STRATEGIES FOR THE FUTURE It is necessary to offer employees reskilling and upskilling programs that prepare them to take on the new challenges demanded by the banking sector. This will help employees remain relevant and reduce the costs involved in hiring new talent. It is important to keep in mind that this doesn’t only include technological training but training in soft skills such as leadership, resilience and empathy, which help to prepare employees to manage changes and face uncertainty. UBA offers the following development and leadership programs that help employees grow their skillset: Management Development Program: A preparatory program for bank managers wishing to advance their careers. This is a class designed for those who aspire to broaden their understanding of the key success elements required to manage a successful banking organization. Executive Development Program: A comprehensive yearlong course designed to cultivate the next generation of banking leaders. It is an ideal opportunity for aspiring executives to step up their careers and for institutions to invest in the strong bank leaders of tomorrow. Credit Analyst Development Program: Comprehensive program designed to further develop basic analytical and specialized skills necessary to effectively support the commercial or business lending functions in the bank. Includes sessions on the role of the credit analyst, specific types of lending activity and loan structures, and documentation and compliance requirements. Commercial Lending Development Program: Emphasizes the entire commercial loan life cycle and provides participants with current lending approaches, as well as an updated focus on key analytics and regulatory issues. Students will improve their credit and marketing skills, learning best practices firsthand from industry executives and participating in case studies. 4. PROMOTE VARIABLE TRAINING FORMATS Continuous training has become not only an advantage but a necessity. To offer the most current content that adapts to the developments of the industry, online training is a great solution, and all our training partners offer online training that provides up-to-date information on trends, methods and compliance. However, there are benefits to in-person training as well. Participants often get better learning outcomes, can request clarifications in real time and receive hands-on help from instructors or other participants. Additionally, it allows better opportunities for students to network and build a professional group of colleagues from whom to solicit feedback, advice and knowledge. If you need help building a more successful training program, finding targeted training programs or learning how to calculate learning and development ROI, let us know. We can help! Email Beth at beth@utah.bank. DID YOU KNOW? Enjoy your association news anytime, anywhere. Scan the QR code to visit our online publication to stay up to date on the latest association news, share articles and read past issues. utah-banker.thenewslinkgroup.org Utah Banker 13
RkJQdWJsaXNoZXIy MTg3NDExNQ==