UBS will mandate AI proficiency for all graduates and interns joining its Global Banking and Markets division starting in 2027, according to The Decoder. Candidates must demonstrate in interviews how they leverage AI to enhance efficiency and outcomes, reflecting a broader industry shift.
Santander is already prioritizing advanced AI users in its hiring process, while Morgan Stanley forecasts that over 200,000 banking jobs in Europe could vanish within five years due to technological advancements. These developments underline the growing importance of AI capabilities in the financial sector.
For Japanese markets, where digital transformation is accelerating, the emphasis on AI skills among new banking talent abroad signals a potential shift in hiring standards that domestic institutions may soon consider adopting.