Jersey Finance has announced that it has become a partner member of the Financial Services Skills Commission to “drive skills development and ensure the industry’s long-term competitiveness and resilience”.

The Financial Services Skills Commission is an independent, not for profit, member-led body that represents the UK’s financial services sector on skills, and works with the sector to ensure businesses have the talent and skills they need for the future. 

Jersey Finance will join the Commission’s advisory group and actively participate in working groups. 

The organisation said its involvement will help shape strategies that promote reskilling, encourage continuous learning and upskilling, and support efforts to attract new talent. 

Jersey Finance CEO Joe Moynihan said: “We are delighted to have been invited to join the Financial Services Skills Commission reinforcing our ongoing commitment to building a highly skilled, future-ready workforce for Jersey’s financial and related-professional services.

“This partnership builds on the work we are already doing to drive skills development and ensure the industry’s long-term competitiveness and resilience.

“We look forward to collaborating with the Commission, sharing ideas and learning from their expertise to help inform and strengthen our strategic priorities.” 

Financial Services Skills Commission CEO Claire Tunley said the “need for action” on skills is “urgent” and one that affects all financial services in the British Isles.

“By joining the Commission, Jersey Finance is taking a proactive leadership role in addressing the challenges that lie ahead for the sector,” she added. 

“We look forward to working in partnership with the team at Jersey Finance, as they seek to ensure their members can adapt to the changing demands of the modern economy.”