Wanted: 100 AI specialists, 100 wealth relationship managers at HSBC Singapore
HSBC is establishing its first global AI centre of excellence in Singapore, aiming to hire over 100 AI specialists and 100 wealth relationship managers. This initiative will focus on AI-enabled wealth management and global payments solutions, with tools developed in Singapore to be used globally.
Why it matters
This signifies a major investment by a global financial institution in AI technology and talent development in Singapore, impacting the future of banking services and the regional tech job market.
The bank is setting up its first global AI centre of excellence in the city-state
[SINGAPORE] Financial services giant HSBC is on the lookout for more than 100 artificial intelligence specialists for its first global AI centre of excellence that it is setting up in Singapore later this year.
In a news release on Monday (Jul 27), HSBC announced that this AI centre of excellence will work with teams in wealth management and global payments solutions, together with London-based chief AI officer David Rice, who was appointed earlier this year.
For wealth management, this involves AI-enabled wealth journeys and AI portfolio builders.
In the global payments space, HSBC will develop agentic solutions for corporate treasurers and AI-enabled e-commerce payments.
Eventually, the plan is for the Singapore-built tools to be used across HSBC’s global network.
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