ObjectivesTo provide CMB Executive Trainees (ETs) with solid foundation to develop a career ultimately as a commercial banker. It is anticipated that those joining this Programme will be capable of reaching senior management levels (assuming that high performance is sustained consistently) during the course of their career with the Bank.
Duration: Approximately 30 months
Induction:
2 weeks – Induction Programme by Learning, Talent, Resourcing & Organisation Development (LTROD)
Phase 1: (Attachment ; Duration: 7 months)
1. 5 months - Core Attachment in one of the following areas:
2. 2 months - Supplementary Attachment in other CMB functions (where it was not the Core Attachment):
Phase 2:
1. 15-18 months – First posting 2. 4 weeks (within time frame of First posting) – Group Graduate Development Programme (GGDP) in Bricket Wood, UK
Phase 3:
Resume First/current posting in stream, or movement to Second posting either in same stream or (exceptionally) cross-functional transfer (15-18 months), within which the 3-weeks Regional Graduate Development Programme (RGDP) in Hong Kong will take place.
Senior Managers in CMB are appointed as line mentors to provide ETs career guidance. The CMB ETs are further supported by HR for their placement / development and career counselling.
Suitable / relevant training courses would be identified by the line mentors / managers for the ET to attend during their attachment / posting in CMB.
Further training needs can be identified based on:
During the programme, the ETs will follow the standard performance management mechanism for all executives in the Bank.
Performance targets will be set and agreed with in the beginning of each attachment. On-going performance reviews and appraisal meetings will be conducted by the line manager to whom the ET reports for the attachment.
Having completed all attachments in CMB MDP (approximately after 30 months of service) with satisfactory performance and line manager’s endorsement, the ET 'graduates' from the CMB MDP.
New recruits will join CMB MDP as an Executive Trainee (ET) on 6 months’ probation.
Subject to satisfactory performance and line endorsement, the probation will be confirmed after 6 months’ of service and monthly salary will be adjusted. He / She is henceforth confirmed as an Executive of the Bank.
Thereafter, towards the end of each year, an appraisal rating will be determined and used for the Variable Bonus Scheme (VBS) to determine amount of bonus for the year. Salary will also be adjusted annually based on the Executive’s performance as reflected in his / her performance review.
Salary review and / or promotion will be considered subject to:
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