BMO Capital Markets, Citizens, MUFG, & New
York Life Support the FWA's Re-Entry Program
NEW YORK, Oct. 5, 2021
/PRNewswire/ - The Financial Women's Association (FWA) has been
dedicated to promoting the professional development and advancement
of all women through education, mentorship, scholarships,
networking, and alliances across the financial community for 65
years and counting. In support of this important mission, the FWA
is proud to announce the return of its successful
Back2Business re-entry program. This unique program offers
all genders an opportunity to restart their careers and transition
back to professional life in financial services after taking a
break for reasons such as, but not limited to, providing childcare
or eldercare, serving in the armed forces, being in transition
prior to or due to the pandemic, or home schooling.
"The FWA is thrilled to relaunch its Back2Business
program and is excited to continue to support individuals with both
their professional development and the advancement of their careers
through this re-entry program," said Nina Batson, President of the Financial Women's
Association. "The FWA is also proud to have the support of four
of its exceptional corporate sponsors and looks forward to not only
helping accepted applicants secure meaningful and rewarding
positions but assisting them with the transition back into the
workforce after such an unprecedented 18 months."
The FWA's Back2Business program will accept applications
for a wide variety of opportunities within financial services,
including but not limited to, Corporate & Investment Banking,
Sales & Trading, Wealth/Asset Management, Technology &
Operations, Risk & Compliance, Finance, Accounting, Actuarial,
and, in some cases, consulting work - affording the chance to work
on a significant assignment or project that could lead to a
full-time position. To apply, candidates must have a minimum of
five years of professional experience in the financial services
industry and have been out of the full-time workforce for at least
18 months. Complete program information and requirements can be
found here.
This year, the FWA's Back2Business program provides selected
participants with a re-entry opportunity at one of the following
four sponsoring companies: BMO Capital Markets, Citizens, MUFG, and
New York Life. A virtual informational workshop will be offered on
Thursday, October 14, 2021 from 2:00
– 4:30 pm ET to provide interested
individuals with a chance to learn more about Back2Business,
discuss re-entry challenges, and meet these participating
organizations. More details about the workshop can be found online
here.
Selected Back2Business participants are expected to begin
their assignments in the coming months. Each sponsoring company
will determine the number of participants they accept and how long
the program lasts. Those chosen to participate in the FWA's
Back2Business program will receive support for relevant
coursework inclusive of guidance to re-establish certifications,
mentorship support from both the FWA and the company he/she will be
working with, and a one-year paid FWA membership to attend the
FWA's various programming events designed to broaden horizons,
enhance professional skills, examine today's critical issues, and
re-establish one's professional network – all as a means to help
develop a support group of individuals in the financial
industry.
"BMO is committed to Boldly Growing the Good, with a commitment
to foster an inclusive society with zero barriers to social and
economic inclusion. We are proud to be the founding sponsor of
Back2Business and we're looking forward to launching the fourth
cohort of this critically important talent program," said
Dan Barclay, CEO of BMO Capital
Markets. "Many individuals, especially women, were displaced
from their careers as a result of the COVID-19 pandemic and we are
deeply committed to supporting them in their journey back into the
workforce. Program applicants represent a niche pool of resources
that marries industry expertise with experience and perspectives
acquired during their time away. More than ever, Back2Business and
similar returnship programs are key opportunities that we at BMO
Capital Markets can leverage to both attract top talent and
accelerate progress against our Zero Barriers to Inclusion
strategy."
"Without question, the pandemic has challenged all of us, but
women have been disproportionately affected as many were faced with
the difficult choice between continuing on their career path or
taking a break to care for their family," said Krisi Robinson, Head of Talent Acquisition at
Citizens. "Citizens has been long committed to supporting its
colleagues' unique journey – whether that means helping them
achieve their career goals, care for their family's physical and
mental health, or help them pursue personal goals outside of work.
We are proud to join with the Financial Women's Association's
Back2Business program to help provide needed resources and support
to women as they re-enter the workforce."
"Engaging the diverse workforce seeking return to work
opportunities and creating an inclusive environment to ensure
talent thrives within each organization, is a business imperative
for MUFG, and for the financial services industry," says MUFG's
Head of Inclusion and Diversity for the Americas, Okeatta
Brown. "We understand the importance of supporting the FWA's
Back2Business program and recognize the impact of transitioning
experienced talent back into the workforce as part of their
professional journeys."
"We are thrilled to be partnering with the FWA, for the fourth
year, providing valuable opportunities for women to reignite their
careers in financial services through their Back2Business program,"
said Wendy Wong, Managing
Director and Head of Sustainable Investment Partnerships at New
York Life Investments. "At New York Life Investments we are
invested in long-term relationships, alongside our employees and
clients, and it's gratifying to sponsor a platform that provides
the tools and resources to support women as they transition back
into the workplace."
About Financial Women's Association (FWA):
With a rich history since 1956, over 800 members and numerous
corporate, government, and academic allies, the
FWA works collaboratively with leading firms to advance
mutual goals of retention and the advancement of female
professionals. The FWA is a community of lifelong learners
committed to personal and professional development for
themselves and the next generation through education,
mentorship, scholarships, networking, and alliances. The FWA
engages and connects members by providing a
supportive community and producing key thought leadership
events and international conferences facilitating exposure to
global business leaders and their economic opportunities. As
unwavering champions, empowering its members and
organizations to achieve inclusive, equitable representation at all
levels for women in finance, the FWA also gives back to the
community by providing scholarships and mentoring to young
professionals and students - reaching more than 6,000 individuals
for more than 30 years which helps to develop a diverse pipeline of
extraordinary talent.
About BMO Financial Group:
Serving customers for 200 years and counting, BMO is a highly
diversified financial services provider - the 8th largest bank, by
assets, in North America. With
total assets of $971 billion as of
July 31, 2021, and a team of diverse
and highly engaged employees, BMO provides a broad range of
personal and commercial banking, wealth management and investment
banking products and services to more than 12 million customers and
conducts business through three operating groups: Personal and
Commercial Banking, BMO Wealth Management, and BMO Capital
Markets.
About Citizens
Citizens Financial Group, Inc. is one of the nation's oldest and
largest financial institutions, with $185.1 billion in
assets as of June 30, 2021.
Headquartered in Providence, Rhode
Island, Citizens offers a broad range of retail and
commercial banking products and services to individuals, small
businesses, middle-market companies, large corporations and
institutions. Citizens helps its customers reach their potential by
listening to them and by understanding their needs in order to
offer tailored advice, ideas and solutions. In Consumer Banking,
Citizens provides an integrated experience that includes mobile and
online banking, a 24/7 customer contact center and the convenience
of approximately 3,000 ATMs and approximately 1,000 branches in 11
states in the New England, Mid-Atlantic and Midwest regions.
Consumer Banking products and services include a full range of
banking, lending, savings, wealth management and small business
offerings. In Commercial Banking, Citizens offers a broad
complement of financial products and solutions, including lending
and leasing, deposit and treasury management services, foreign
exchange, interest rate and commodity risk management solutions, as
well as loan syndication, corporate finance, merger and
acquisition, and debt and equity capital markets capabilities. More
information is available at www.citizensbank.com or visit
us on Twitter, LinkedIn or Facebook.
About MUFG:
About Mitsubishi UFJ Financial Group, Inc.'s U.S. Operations
including MUFG Americas Holdings Corporation
The U.S. operations of Mitsubishi UFJ Financial Group, Inc.
(MUFG), one of the world's leading financial groups, has total
assets of $325 billion at
June 30, 2021. As part of that total,
MUFG Americas Holdings Corporation (MUAH), a financial holding
company, bank holding company, and intermediate holding company,
has total assets of $165.3 billion at
June 30, 2021. MUAH's main
subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas
Inc. MUFG Union Bank, N.A. provides a wide range of financial
services to consumers, small businesses, middle-market companies,
and major corporations. As of June 30,
2021, MUFG Union Bank, N.A. operated 305 branches,
consisting primarily of retail banking branches in the West Coast
states, along with commercial branches in Texas, Illinois, New
York, and Georgia. MUFG
Securities Americas Inc. is a registered securities broker-dealer
which engages in capital markets origination transactions, domestic
and foreign debt and equities securities transactions, private
placements, collateralized financings, and securities borrowing and
lending transactions. MUAH is owned by MUFG Bank, Ltd. and
Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly
owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has
offices in Argentina, Brazil, Chile, Colombia, Peru, Mexico,
and Canada. Visit
www.unionbank.com or www.mufgamericas.com for more information.
About MUFG (Mitsubishi UFJ Financial Group, Inc.)
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the
world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG
has a global network with around 2,500 locations in more than 50
countries. The Group has over 180,000 employees and offers services
including commercial banking, trust banking, securities, credit
cards, consumer finance, asset management, and leasing. The Group
aims to "be the world's most trusted financial group" through close
collaboration among our operating companies and flexibly respond to
all of the financial needs of our customers, serving society, and
fostering shared and sustainable growth for a better world. MUFG's
shares trade on the Tokyo,
Nagoya, and New York stock exchanges. For more
information, visit https://www.mufg.jp/english.
About New York Life:
New York Life Insurance Company (www.newyorklife.com), a
Fortune 100 company founded in 1845, is the largest mutual life
insurance company in the United
States1 and one of the largest life insurers in
the world. Headquartered in New York
City, New York Life's family of companies offers life
insurance, retirement income, investments and long-term care
insurance. New York Life has the highest financial strength ratings
currently awarded to any U.S. life insurer from all four of the
major credit rating agencies2.
New York Life Group Benefit Solutions products and services are
provided exclusively by or through Life Insurance Company of
North America or New York Life
Group Insurance Company of NY, formerly known as Cigna Life
Insurance Company of New York
(New York, NY), or by or through
affiliates or subsidiaries of Cigna Corporation. Life Insurance
Company of North America is not
authorized in New York and does
not conduct insurance business in New
York.
Footnotes
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1. Based on revenue
as reported by "Fortune 500 ranked within Industries, Insurance:
Life, Health (Mutual)," Fortune magazine, 5/18/2020. For
methodology, please see http://fortune.com/fortune500/.
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2 Individual
independent rating agency commentary as of 10/15/2020: A.M. Best
(A++), Fitch (AAA), Moody's Investors Service (Aaa), Standard &
Poor's (AA+).
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SOURCE BMO Financial Group