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Infrastructure &
Operations
The
Infrastructure & Operations practice area contains competencies intended to
help non-financial employees make sense of the banking industry, their own
institution and the needs of their clients.
The technology
and human resources functions embody what appear to be opposite
perspectives: the hard data-and-systems orientation of IT versus the soft
psychology-and-motivation outlook of HR. But the functions are alike in two
ways. First, both are crucial to the success of the bank's underlying
business. Second, IT and HR professionals often lack the knowledge needed to
understand the perspective of their clients throughout the bank.
For technology
professionals, the material is designed to help put the complex jumble of
apparently unconnected tasks - transaction processing, trade revaluation and
settlement, P&L aggregation - into the context of the bank's business.
For human
resources staff, the competencies are intended to convey the business and
product understanding needed to recruit, develop and retain a world-class
staff of financial professionals.
The competencies
in this practice area focus on the basic industry, finance and product
knowledge essential for professionals supporting the line areas of the bank.
Globecon’s
educational objectives in this area can be divided into three broad skill
sets:
Diagnostics.
These focus on analyzing the financial institution's situation and needs.
Alternatives.
These focus on the features, mechanics and pricing and use of the products
offered by the bank.
Market Conditions.
These focus on interpreting the yield curve, credit spreads, equity prices
and other market indicators.
Risk/Return Analysis.
These focus on using tools to analyze risks to the banks' client and the
bank as well as the potential return to the banks' client and the bank for
different alternatives.
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