Creating the next generation of women technologists
Encouraging careers in STEM
As a bank, we want to help inspire the next generation of female technology talent – regardless of whether they choose Deutsche Bank to build their career or succeed elsewhere. To achieve this, we understand the importance of education and driving early interest in STEM.
- Focus on First Year Students: 2021 saw the launch of two new programmes: Rise (focusing on Black candidates) and Grow (focusing on women). Opened by the UK CEO, the cross divisional programmes focus on industry education, building confidence, empowering, coaching and mentoring. Aimed at candidates who may never have considered a banking or technology career, we achieved 100% female placements for our Grow programme and 50% of our placements female in Rise. Both Grow and Rise complement our well-established Spring into Banking programme, an internship opportunity for first year students to experience banking and technology. With 54% of our participants female overall, combined with the success of Grow and Rise, these programmes prove an invaluable pipeline of female talent for our summer internship programme
- Summer Internship: Aimed at penultimate year students, this programme provides a real opportunity to gain in-depth knowledge of technology in banking. Through training, on the desk experience, mentoring and support throughout, students can determine if this is the right career for them. We were delighted that women represented 52% of our internship class in 2021
- Graduate recruitment: The main entry point for students completing university studies, and with gender parity achieved for our 2021 Technology class, we will build on this success through the strong pipeline of talent through our summer internship and first year student programmes
- Apprenticeships: DB launched its first apprenticeship programme in Technology in 2021. The Level 4 Software Developer Apprenticeship Programme runs for 18 months and offers the opportunity to gain skills, knowledge and experience by combining work with studying (20% off-the-desk learning) in order to learn a specific role. Our first programme has 46% representation from women, of which a third are of Black heritage. We will continue to expand this programme
- Job Advertisements: All job advertisements are gender decoded and structured to attract a diverse range of candidates. Greater emphasis has been placed on our inclusive culture, benefits and support
Events and programmes
Running selective but high-impact programmes and events can drive interest in STEM. As well as being invited to share our experiences within schools, colleges, universities and industry events, Deutsche Bank organises initiatives of its own to support emerging female talent.
- Defer and Code: In 2020 a senior MD, who is a Stemette mentor, saw an opportunity to help her mentee who had to defer their university program due to Covid-19 related education disruption. Thinking creatively, she worked with the Early Careers team to develop the UK "Defer & Code" internship targeted at students facing this same challenge. The programme offered a 6-month TDI placement to work on real technology projects, gain insights into technology careers, receive ongoing mentorship. All participants left DB with a range of new skills to take them forward in their careers and education.
- Events campaign: A series of virtual events were held in 2021 focussing on Women in Technology and Black Women in Technology.
- Supported Return to Work programme: The programme attracts candidates who have not been in work for at least 2 years and places them into permanent, and most recently contract, positions. They are supported through self-led learning curriculum and career coaching.
Effective campaigns can bring together diverse perspectives to amplify a message. At Deutsche Bank, we have focused on two major campaigns to encourage diversity and hiring into our Technology, Data and Innovation group.
- 'We choose to be more': This campaign is designed to bring to life the inclusive culture of the business, highlighting the interventions we are making to make positive change, the commitment across the organisation to the culture change required and of course, showcasing the role models amongst our current employees and leadership.
- #Manyfacesoftech: Our global Technology brand campaign articulates our technology strategy through the authentic experiences of our employees.