Talking Points
BankingOnMyCareer.com Overview
We know that people are much more likely to reach their career goals when they have a clear line-of-sight to their path forward. We also know that currently there is a mismatch, or skills gap, between employer needs and the skills of current job seekers.
JPMorgan Chase saw an opportunity to positively impact that gap and invested $250M to help markets, like New York City, build a demand-driven workforce system and prepare youth and adults for careers in high demand, high salary, middle-skill occupations
Through a partnership with CAEL (Council for Adult and Experiential Learning), PNY (Partnership for New York City), NYC WRKDEV (The NYC Mayor’s Office of Workforce Development), and NYCETC (New York City Employment and Training Coalition) Chase invested $580K to develop an interactive, visually-engaging, and information-packed career exploration resource for the financial services industry. An industry which has approximately 7,500 openings across NYC.
BankingOnMyCareer.com will improve awareness about industry accessibility and opportunity, communicate a clearer understanding of industry expectations upon entry, and clearly articulate the relationship between education and training programs with in-demand roles.
A Career Action Platform Aims to Do 3 Things:
1. Generate excitement about the industry and empower future workers to take charge of their careers
2. Connect students to programs and training that prepares them for jobs
3. AND ultimately help them land rewarding GREAT paying, meaningful careers
The Partnership
Tackling the skills gap is a challenge owned by all of us. Accelerating the availability and effectiveness of a strong worker pipeline requires the type of collective impact inherent in this partnership. For that reason, the collaborative aligned with region-wide efforts, and leveraged the great work already underway in programs and initiatives such as: PNY, the NYC WRKDEV Career Pathways, and NYCETC’s ongoing initiatives. These ensure BankingOnMyCareer.com is relevant, accurate, effective, and readily available. NYCETC will maintain the website ongoing providing resources and expertise for content curation, hosting, promotion, and training activities.
Over 150 financial services subject-matter-experts and dedicated project stakeholders from employers, training and education providers, workforce and community-based organizations from across the city like Bank of America, Chase, The Federal Reserve Bank of New York, Standard Charter Bank, The Hartford, STRIVE, CUNY (City University of New York), Opportunities for a Better Tomorrow and Year Up contributed to the focus, content, and outreach for the site.
BankingOnMyCareer.com is The Place:
· to tell the industry story
· to help job seekers see their future in a financial services company and within the industry
· for faculty, case managers, advisors and career counselors to leverage during advising conversations as a way to grow the student base and funnel clients and students into the right programs - they can also use the tool to fire up existing clients and students about opportunities in financial services
· for employers, industry association representatives and economic development organizations to attract new workers to the industry - workers with the right skills and interests
· for the community to build an educated and available workforce across this region and support a stronger and more informed community
Site Features:
· information about 60+ common industry positions
· a matching tool to empower future workers to find careers tailored to their skills and interests
· career maps showing growth trajectories and career transitions
· guidance on the necessary education and skills needed for employment
· informative school and program details
· connections to open jobs
· information about community organizations to help you get work
· truth about the industry and the good work and benefits of its employers
Learn more about the project at: https://bankingonmycareer.com/about-the-site.
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