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Skills update in Indonesia: New framework launched for banking sector talent

Indonesia's Minister of Manpower?(Kemnaker), the National Professional Certification Agency (Badan Nasional Sertifikasi Profesi, or BNSP), and Bank Indonesia (BI), have signed an MoU for a new framework looking to standardise competencies for financial service providers, and uplift the level of local talent in the banking sector (SPPUR).

This framework will be driven from the competencies stated in the Indonesian National Work Competency Standards (SKKNI), listed out by the Minister of Manpower in 2017.

The signees have agreed to work together on three steps to strengthen talent competencies:

  1. Developing competency standardisation in SPPUR;
  2. Acceleration of the establishment of job training institutions and professional certification in the SPPUR field as well as the development of job training tools and competency certification, including trainers and assessors, and certification schemes;?and
  3. Mutual recognition arrangement - SPPUR competency certification with similar professional certification issued both domestically and abroad.
The framework will be implemented in stages starting 1 July 2020.

The MoU was signed by the Minister of Manpower (Menaker), Ida Fauziyah;?Head of BNSP, Visit Advisory;?and the Governor of BI, Perry Warjiyo at Bank Indonesia Jakarta.

Menaker Ida explained, the financial and banking services sector is a sector that has a very high level of risk that can affect the national economic ecosystem.?For this reason, operational capabilities or competencies are needed for human resources working in the banking sector.

"In the context of manpower, operational capabilities or competencies for human resources (are important), namely for those who have technical and managerial skills in applying the principles of governance and banking business practices," she explained.

ALSO READ:?The highest-paying HR roles in Indonesia in 2020

The next important step, according to the Minister, will be to apply the new framework towards education and training,?accreditation of training institutions, competency certification, and its application in industry (for example as one of the criteria in the recruitment or employee promotion process).

Minister Ida also affirmed the Ministry's commitment towards developing work competency standards and triple skilling (skilling, re-skilling and up-skilling) to uplift talent in Indonesia.

"We hope that accelerating human resource competency improvement programmes such as apprenticeship will be done by all national banks under the coordination of Bank Indonesia," he said.

Photo / Bank Indonesia

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