Singapore's largest bank DBS said it is planning to hire 100 skilled professionals, in emerging and disruptive technologies across cloud, machine learning and Big Data, for its Hyderabad hub.
DBS has launched the recruitment drive 'DBS Hack2Hire' and collaborated with leading technology providers such as Amazon Web Services, Cloudera and Pivotal for conducting the hackathon.
In a statement, DBS said that taking this new approach to recruitment, it will break banking industry norms by recruiting successful candidates through a hackathon.
"The 100 new selects will join DBS Asia Hub 2 in Hyderabad, India. This coding challenge, which has already received more than 3,000 applications, is open to both fresh graduates and experienced professionals who can apply up to March 12, 2017," it said in a statement.
Mohit Kapoor, CEO, DBS Asia Hub 2 said that hackathons like this help "us connect with top talent" across the country who are game changers and will be instrumental in "reimagining banking".
DBS Bank recently conducted a similar initiative in India named 'Ideathon' to identify talent from top business schools across India. This was part of the bank's campus engagement and communication strategy, aimed to make DBS Bank the preferred place to work for millennials.
Hack2Hire, consists of two parts - an online assessment challenge to gauge the programming and technical capabilities of candidates, followed by a live two-day hackathon session, where their approach to problem solving will be put to the test. Shortlisted candidates from the second round will undergo interviews for full-time roles at DBS Asia Hub 2.
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