Tech execs from Morgan Stanley, Citi, and Capital One on how they're prepping their engineers for the AI era

"Not long ago, bank software developers only had to adjust to major technological shifts every few years. Today, those shifts are arriving every other month. Engineers are in "continuous learning mode" as they race to keep up with the rate of change, Trevor Brosnan, Morgan Stanley's global head of technology strategy, architecture, and modernization, told Business Insider. Technologists on Wall Street today are often grinding through capstone-style courses, working on basic communication skills, or watching a bunch of YouTube-style videos as many banks help them upskill to keep pace with AI advancements."

"Banks from JPMorgan to Citi are pouring billions into AI to make their workforces more efficient, deliver better client experiences, and ultimately cut costs. They're also scrambling to recruit the talent needed to bring those strategies to life. The engineers who do best at these banks will be those who learn how to use AI effectively - and the banks are going to great lengths to help them learn fast, according to Alexandra Mousavizadeh, the cofounder and co-CEO of Evident, which tracks AI use in the financial industry."

Bank engineering teams face accelerating technological change that requires constant reskilling and adaptation. Developers are entering continuous learning modes and often complete capstone-style courses, watch video modules, practice English communication with AI agents, and participate in voluntary hackathons. Major banks are investing heavily in AI to improve efficiency, client experiences, and reduce costs while competing to recruit AI-capable talent. Hiring focuses on potential for upskilling rather than current mastery. Engineers who learn to use AI effectively will succeed, and institutions are deploying internal training programs to move workforces toward AI-driven workflows.

Read at Business Insider