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IMPACT REPORT <strong>2016</strong><br />

RAISING ASPIRATIONS<br />

CREATING ACCESS<br />

ACHIEVING DIVERSITY


CONTENTS<br />

Our vision p 3<br />

Setting the scene p 4<br />

Raising aspirations p 6<br />

Creating access p 12<br />

Achieving diversity p 16<br />

Our Alumni and Ambassador Network p 19<br />

Our work with businesses p 20<br />

20 year highlights p 22<br />

Key achievements of <strong>2016</strong> p 26<br />

Funders and donors p 27<br />

Message from our<br />

Executive Director<br />

<strong>2016</strong> was an action-packed year for The Brokerage,<br />

as we celebrated our 20th anniversary as a charity.<br />

Alongside the celebrations and reflections, we also took a<br />

long, hard look at what we want to achieve in the future.<br />

Our new vision is:<br />

A world where a young person’s ability and aspiration alone determine their<br />

career path.<br />

It would be good to think that in 2036 The Brokerage no longer needs to work to<br />

achieve this vision.<br />

Meanwhile, I am pleased to report that we have made significant progress with our<br />

<strong>2016</strong>-19 strategic aims. We continue to strengthen our programmes and are<br />

focusing on measuring the difference we make to the lives of young Londoners on<br />

the one hand and to the diversity and inclusiveness of the corporate workplace on<br />

the other.<br />

I hope you enjoy reading about our achievements over the past 12 months. A key<br />

highlight of <strong>2016</strong> for me was this comment from a Year 6 student attending St.<br />

Agnes Primary School in Tower Hamlets at a City Careers Open House workshop at<br />

CFC Underwriting:<br />

“It was the best day ever!”<br />

Bridget Gardiner<br />

Executive Director<br />

This young girl’s eyes were opened to a world she did not know existed. We’ve seen<br />

so many of these lightbulb moments in our young people this year and it’s a<br />

privilege to help them build their aspirations, skills and knowledge.<br />

Thank you to all our partners - corporates, schools, volunteers and not-for-profit<br />

organisations - for your support. We look forward to working with you all in 2017!<br />

02 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 03<br />

Our vision: A world where a young<br />

person’s ability and aspiration alone determine<br />

their career path.<br />

MISSON RAISING ASPIRATIONS CREATING ACCESS ACHIEVING DIVERSITY<br />

PURPOSE<br />

Experience of work Employability skills Jobs<br />

PROGRAMMES<br />

Corporate visit<br />

Workshops<br />

Employee engagement<br />

Mentoring<br />

Networking<br />

Careers advice<br />

Interview &<br />

presentation skills<br />

Assessment centres<br />

Placements<br />

Internships<br />

School-leaver jobs<br />

Apprenticeships<br />

Graduate entry jobs<br />

BENEFICIARIES<br />

Years 6-13 (age 10-18)<br />

from London<br />

state schools<br />

Years 12-13 and<br />

undergraduates<br />

(age 17-21)<br />

School-leavers<br />

Undergraduates


Setting the scene<br />

Why we exist<br />

• Despite being one of the world’s largest financial<br />

centres, London’s financial districts are surrounded<br />

by areas of severe deprivation, disadvantage and<br />

income inequality.<br />

• The world of work is changing rapidly and young<br />

people need all the help they can get to ensure they<br />

reach their full potential.<br />

• Though London is currently leading the way in<br />

terms of education standards, it is also ranked<br />

highest in terms of youth unemployment.<br />

• Young people from London have some of the<br />

best and most exciting careers available on their<br />

doorstep, but relatively few of them have the<br />

information, guidance and support to help them<br />

access these roles.<br />

We are helping to bridge the gap, working towards<br />

a world where a young person’s ability and<br />

aspiration alone determine their career path.<br />

37%<br />

of employees in<br />

the financial<br />

services sector are<br />

educated at<br />

private schools<br />

65%<br />

of students starting<br />

primary school now<br />

will be in roles in<br />

the future that do<br />

not currently exist<br />

(2015, Social Mobility and<br />

Child Poverty Commission)<br />

(<strong>2016</strong>, World<br />

Economic Forum)<br />

69%<br />

of business<br />

leaders believe that<br />

secondary schools<br />

are not effective at<br />

preparing young<br />

people for work<br />

(2015, British Chamber<br />

of Commerce survey)<br />

04 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 05<br />

Our work<br />

The Brokerage is a charity based in the City of London working in partnership with<br />

businesses and institutions in London’s financial districts.<br />

Our mission is to work with young people to raise aspirations, create access and<br />

provide opportunities within financial and professional services to achieve diversity<br />

in the workplace.<br />

We’re committed to working with those students who are least likely to find roles in<br />

these sectors. All the young people who take part in our programmes are or were<br />

educated at state schools or colleges in Greater London.<br />

We help them to compete on a level playing field with their more affluent peers by<br />

providing experiences of work, opportunities to develop key employability skills<br />

and, ultimately, paid jobs.<br />

Help young people<br />

from disadvantaged<br />

backgrounds<br />

Work in<br />

partnership with<br />

other organisations<br />

Our<br />

3 year<br />

strategic<br />

aims<br />

Meet the recruitment,<br />

diversity and inclusion<br />

needs of employers<br />

Focus on<br />

businesses related<br />

to professional &<br />

financial services<br />

Extend our reach<br />

geographically


RAISING ASPIRATIONS<br />

Our Education Team run a wide range of workshops for students from Year 6<br />

through to Year 13 to raise the aspirations of students, equip them with an<br />

understanding of the careers available to them and develop the skills and qualities<br />

they will need to achieve their goals.<br />

Through our education programmes, students are able to:<br />

• Experience the world of work through visiting companies in London’s financial<br />

districts<br />

• Develop their confidence in key work-related skills through engaging with<br />

business volunteers<br />

• Develop their knowledge of the jobs that can be found across professional and<br />

financial services<br />

Many of the students from<br />

Heathcote School and Science<br />

College, in Waltham Forest, grow<br />

up in families where university<br />

and high-end jobs in the City of<br />

London are out of reach. Through<br />

Brokerage opportunities,<br />

Heathcote students have started<br />

to believe that they, too, are just<br />

as capable and able to work in the<br />

professional sectors of London.<br />

The extraordinary work that<br />

The Brokerage Citylink does is so<br />

vital for the futures of our<br />

students as they tirelessly seek to<br />

give our students opportunities to<br />

work within the City of London.”<br />

Stephen McClurg, Lead<br />

Practitioner for Enterprise,<br />

Heathcote School and Science<br />

College<br />

06 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 07<br />

Primary programmes<br />

City Careers Open House Primary<br />

Funded by the City of London Corporation,<br />

City Careers Open House (CCOH) Primary is<br />

designed to give students in Year 6 their<br />

first insight to the working world, preparing<br />

them for their transition to secondary<br />

school.<br />

Pupils from schools in the City fringe<br />

boroughs (Camden, Hackney, Islington,<br />

Lambeth, Southwark, Tower Hamlets and<br />

Westminster) have the opportunity to<br />

spend an afternoon at a City firm, gaining<br />

insight into working life and the huge<br />

variety of opportunities the City offers.<br />

Do you understand what happens<br />

in a business like this one?<br />

100%<br />

80%<br />

60%<br />

40%<br />

20%<br />

0<br />

37%<br />

Yes<br />

before<br />

I feel confident presenting<br />

in a business setting...<br />

100%<br />

80%<br />

60%<br />

40%<br />

20%<br />

0<br />

55%<br />

Confident<br />

before<br />

87%<br />

Yes<br />

after<br />

79%<br />

Confident<br />

after<br />

1,015<br />

students<br />

attended 38<br />

CCOH Primary<br />

workshops<br />

100%<br />

of teachers say<br />

their students<br />

found the<br />

workshops<br />

“enjoyable or<br />

very enjoyable”<br />

100%<br />

of teachers say<br />

their students<br />

found the<br />

workshops<br />

“useful or very<br />

useful”<br />

100%<br />

of teachers say<br />

they would<br />

recommend The<br />

Brokerage to<br />

another school<br />

Student and teacher comments<br />

“The best part of today was when we went to the 21st floor at<br />

the stunning Shard. We even saw our school”. Student<br />

“Today I learnt about being brave to talk to people I don’t know”. Student<br />

“Today really allowed them to practise their presentation skills and opened their<br />

eyes to the opportunities available to them in the workforce”. Teacher<br />

“Speaking to people in jobs outside of those we have at<br />

school was so inspiring for our young people”. Teacher


Secondary programmes<br />

City Careers Open House Secondary<br />

With similar characteristics to CCOH Primary, City Careers Open House (CCOH)<br />

Secondary is also funded by the City of London Corporation and designed to give<br />

students in Years 7 to 10 an insight into the various roles available in a City firm.<br />

Students experience first-hand a modern working environment and explore how<br />

the skills they are developing at school are used by City workers on a day to day<br />

basis and can help them secure their first work experience positions.<br />

Do you understand what happens<br />

in a business like this one?<br />

I feel confident presenting<br />

in a business setting...<br />

100%<br />

80%<br />

84%<br />

100%<br />

80%<br />

73%<br />

60%<br />

40%<br />

41%<br />

60%<br />

40%<br />

45%<br />

20%<br />

20%<br />

0<br />

Yes<br />

before<br />

Yes<br />

after<br />

0<br />

Confident<br />

before<br />

Confident<br />

after<br />

2,040<br />

students attended<br />

56 City Careers Open<br />

House Secondary<br />

workshops in <strong>2016</strong><br />

100%<br />

of teachers say<br />

their students<br />

found the<br />

workshops<br />

“enjoyable or<br />

very enjoyable”<br />

96%<br />

of teachers say<br />

their students<br />

found the<br />

workshops<br />

“useful or very<br />

useful”<br />

100%<br />

of teachers say<br />

they would<br />

recommend The<br />

Brokerage to<br />

another school<br />

Student and teacher comments<br />

“Today I learnt confidence and personality is key”. Student<br />

“The best part of my day was having a tour and presenting,<br />

mostly because people are kind here”. Student<br />

“Prior to coming, the students had little knowledge about<br />

the City, but they have much more now”. Teacher<br />

08 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 09<br />

Working in the City<br />

Funded by The Worshipful Company of International Bankers (WCIB), Working in<br />

the City is The Brokerage’s flagship programme and has been engaging students in<br />

Year 10 to 13 for over 16 years.<br />

Hosted by companies in London’s financial districts, students focus on developing<br />

their self-awareness, strengthening their employability skills and preparing for<br />

future recruitment processes.<br />

How confident are you explaining<br />

the jobs in this part of London?<br />

How confident are you explaining<br />

the sectors of business in London?<br />

How confident are you<br />

being interviewed?<br />

100%<br />

80%<br />

74%<br />

100%<br />

80%<br />

88%<br />

100%<br />

80%<br />

74%<br />

60%<br />

40%<br />

20%<br />

42%<br />

60%<br />

40%<br />

20%<br />

17%<br />

60%<br />

40%<br />

20%<br />

38%<br />

0<br />

Yes<br />

before<br />

Yes<br />

after<br />

0<br />

Confident<br />

before<br />

Confident<br />

after<br />

0<br />

Yes<br />

before<br />

Yes<br />

after<br />

95%<br />

of teachers say<br />

their students<br />

found the<br />

workshops<br />

“enjoyable or<br />

very enjoyable”<br />

97%<br />

of teachers say<br />

their students<br />

found the<br />

workshops<br />

“useful or very<br />

useful”<br />

100%<br />

of teachers say<br />

they would<br />

recommend The<br />

Brokerage to<br />

another school<br />

Student and teacher comments<br />

“I learned the skills required to ace an<br />

interview”. Student<br />

“Please provide more workshops, as it helped me<br />

with my future”. Student<br />

“By the end of the session they’ve<br />

already shown a different confidence<br />

in relating to new people”. Teacher<br />

1,513<br />

students attended<br />

72 Working in the<br />

City workshops in<br />

<strong>2016</strong>


Sixth form opportunities<br />

We are increasingly finding that schools and students are calling out for<br />

opportunities which allow teachers to put classroom learnings into the context of<br />

the wider business world. Our sixth form opportunities really focus on how skills<br />

and knowledge can translate from the classroom to the boardroom.<br />

Specialised City-based workshops<br />

In <strong>2016</strong>, with support from Rabobank, we delivered 13 specialised workshops<br />

taking an in-depth look at communications, IT, law and engineering.<br />

The strength of these sessions lies in the fact that we design each workshop in<br />

collaboration with businesses, using volunteers who are experts in their field to<br />

create case studies that truly showcase the individual sectors.<br />

Everyone was so<br />

friendly, the sessions<br />

enabled me to improve my<br />

decision making skills and<br />

get a take on real life work”<br />

Student<br />

Talking to the<br />

internal workers/ finding<br />

out about the many<br />

opportunities was very<br />

useful and has given me a<br />

lot to think about”<br />

Student<br />

Communications is<br />

the fastest growing area<br />

for our firm and<br />

something that students<br />

need to be aware of if they<br />

are to succeed in the City”<br />

Volunteer, Allen & Overy<br />

10 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 11<br />

WCIB Essay Competition<br />

137 students took part in the annual essay<br />

competition, which we run in partnership<br />

with the Worshipful Company of<br />

International Bankers (WCIB). 16 schools<br />

submitted essays on an economic subject,<br />

with winning essays chosen by members of<br />

the WCIB and prizes given at a prestigious<br />

event hosted by ING.<br />

I’d like to thank you for giving<br />

students the opportunity to take<br />

part in the inter-schools essay<br />

competition. It was an enriching<br />

experience for all participants.”<br />

James Warner, teacher,<br />

Woolwich Polytechnic School<br />

Mock assessment centres<br />

Recruitment processes have changed a lot in recent years and more students than<br />

ever are struggling with the challenges that new interview structures can present.<br />

The Barnett Waddingham-funded mock assessment centre programme began in<br />

late <strong>2016</strong>.<br />

Through the programme, sixth form students learn about recruitment and<br />

assessment practices, such as psychometric testing, group assessment tasks and<br />

job interviews and have the opportunity to practise each area, receiving feedback<br />

on their performance from company volunteers.<br />

Confidence taking part<br />

in a psychometric test<br />

100%<br />

80%<br />

60%<br />

40%<br />

20%<br />

0<br />

0%<br />

Confident<br />

before<br />

72%<br />

Confident<br />

after<br />

Confidence preparing<br />

for an interview<br />

100%<br />

80%<br />

60%<br />

40%<br />

20%<br />

0<br />

66%<br />

Confident<br />

before<br />

88%<br />

Confident<br />

after<br />

Confidence taking part in an<br />

assessment centre<br />

100%<br />

93%<br />

80%<br />

60%<br />

40%<br />

20%<br />

0<br />

48%<br />

Confident<br />

before<br />

Confident<br />

after


CREATING ACCESS<br />

Through mentoring programmes, networking events and employability guidance,<br />

we create unprecedented access to financial and professional services<br />

opportunities for young non-advantaged Londoners.<br />

Our mentoring programmes connect young people with employees at leading<br />

London companies, providing an invaluable opportunity for mutual learning.<br />

We offer mentoring programmes for students in Year 12 right through to<br />

undergraduate level. Mentoring offers the opportunity for personal development,<br />

helping ambitious and motivated young people to achieve their professional goals<br />

through a series of structured meetings.<br />

I really benefited from<br />

communicating with my mentor<br />

during the programme. She was<br />

there to support me at any point<br />

if I needed advice and<br />

encouraged me to develop my<br />

ideas for my future goals.”<br />

<strong>2016</strong> mentee, Rabobank<br />

Thank you so much for the<br />

opportunity to take part in the Reed<br />

Smith Mentoring Programme. I have<br />

learnt so much; it gave me information<br />

about being out in the real world, how<br />

tough it can be, and how to overcome<br />

the struggles.”<br />

<strong>2016</strong> mentee, Reed Smith<br />

12 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 13<br />

Year 12 mentoring programmes<br />

Our Year 12 mentoring programmes have been created to allow students to<br />

develop their skills, knowledge, and career aspirations as they begin to make key<br />

decisions such as whether they will go to university or pursue a different route to<br />

their future careers.<br />

In <strong>2016</strong>, we launched three Year 12 mentoring programmes with Rabobank, Reed<br />

Smith and MS Amlin. Each programme was tailored to the business, highlighting<br />

key areas of the sector they operate in, and core values of the organisation, tying it<br />

to the students’ development.<br />

Over 95%<br />

of students found the<br />

relationship with their<br />

mentor to be beneficial to<br />

their professional<br />

development<br />

Over 90%<br />

of students found their<br />

mentor offered relevant<br />

careers guidance and<br />

knowledge


Undergraduate mentoring opportunities<br />

76%<br />

of participants’ parents on<br />

our undergraduate<br />

programmes had not<br />

attended university<br />

98<br />

young people participated<br />

in our Year 12 and<br />

undergraduate mentoring<br />

programmes<br />

We have been delighted to continue delivery of our three undergraduate<br />

mentoring programmes in <strong>2016</strong>, in partnership with Citi, State Street and Lloyd’s.<br />

Continuum<br />

Continuum, developed in conjunction with<br />

State Street, provides invaluable employability<br />

skills, confidence and advice to ambitious and<br />

motivated university students from London<br />

state schools, whilst their mentors (senior<br />

employees from State Street) develop their<br />

communication, management and coaching<br />

skills and experience.<br />

I have learned to adapt my approach with<br />

differing individuals based on their learning style<br />

or how they prefer to grasp understanding of<br />

something new.”<br />

<strong>2016</strong> mentor, Continuum<br />

14 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 15<br />

Momentum<br />

Momentum, run in partnership with State Street and Citi, promotes sharing expertise,<br />

female empowerment and leadership within business. The two-tier programme sees<br />

female undergraduates mentored by mid-level executives at one of the two firms<br />

who, in turn, receive mentoring from senior executives from the other organisation.<br />

I saw a clear improvement in myself from the<br />

introduction to graduation of the programme as I was<br />

able to relax more and begin to enjoy networking.”<br />

<strong>2016</strong> mentee, Momentum<br />

120<br />

volunteers took part<br />

in our mentoring<br />

programmes as<br />

mentors, trainers<br />

and judges<br />

OVER<br />

Lloyd’s IntoWork Mentoring Programme<br />

The Lloyd's IntoWork Mentoring Programme matches university students, who<br />

attended London state schools, with young professionals from the Lloyd’s market<br />

who mentor them in communication, presentation and interview skills, goal setting<br />

and networking.<br />

The Lloyd’s mentoring programme could not have picked a<br />

more suited pair to work together. We learnt a lot from each other<br />

over the months of the programme and have since established a<br />

firm friendship that has and will continue to extend into the future."<br />

Ed Ventham, mentor, Lloyd’s IntoWork Mentoring Programme


ACHIEVING DIVERSITY<br />

Our Talent Development team matches high calibre candidates with<br />

apprenticeship, internship and job opportunities in a variety of sectors. We provide<br />

support and guidance to students throughout the recruitment process and their<br />

work placements.<br />

City of London Business Traineeship<br />

(CBT) Programme<br />

The Brokerage has managed the City of London Business Traineeship (CBT)<br />

Programme on behalf of the City of London Corporation for 16 years. The<br />

award-winning programme gives state educated, ambitious and talented young<br />

residents from City-fringe boroughs the chance to undertake paid internships with<br />

City employers.<br />

Internships last between 6 and 13 weeks and are paid at a minimum of London<br />

Living Wage to ensure that all students, regardless of background, have enough<br />

financial stability to support themselves while working.<br />

The programme opens many doors for talented young people who may not<br />

otherwise have the means or opportunities to access a career in the City.<br />

16 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 17<br />

25% of students who<br />

undertook CBT internships<br />

returned to their host<br />

companies for summer<br />

placements after<br />

completing their first<br />

year at university<br />

Sector Split:<br />

29.5% Banking &<br />

financial services<br />

51% Insurance<br />

5% Legal<br />

8.5% Public sector<br />

6% Other<br />

In <strong>2016</strong>, 95 candidates<br />

were placed in paid<br />

internships with City firms<br />

Participating firms in <strong>2016</strong><br />

included, Société Générale,<br />

Bank of England, Marsh,<br />

CNA Hardy and William Blair<br />

Female: 53%, Male 47%<br />

BAME Backgrounds: 83%,<br />

Case study:<br />

AWARD-WINNING!<br />

The City Business Traineeship<br />

Programme was awarded<br />

Bronze Best Not-for-Profit<br />

Programme at the <strong>2016</strong><br />

Training Journal (TJ) Awards.<br />

Fred was placed at William Blair where he rotated<br />

between departments to work on small projects and<br />

gained greater insight into investment through extra<br />

activities. Now at university, Fred is considering a career<br />

in analysis or trading.<br />

One of the<br />

common<br />

misconceptions of<br />

banks was that all<br />

employees there<br />

were accountants<br />

or bankers. This<br />

placement has<br />

exposed me to<br />

numerous fields<br />

in finance.<br />

Afsana Yasmi,<br />

<strong>2016</strong> CBT intern,<br />

UBS<br />

This internship has helped me in so many ways!<br />

It has given me more clarity and I feel better<br />

prepared to choose what career path I’d like to<br />

pursue.”<br />

Fred Erwin, <strong>2016</strong> CBT intern, William Blair


Apprenticeships, school leaver<br />

and internship opportunities<br />

In addition to the City Business Traineeship Programme, we help leading<br />

companies to meet their diversity and recruitment needs by introducing them to a<br />

diverse pool of local talent.<br />

We prepare our candidates for the world of work so they are able to compete with<br />

their affluent peers in a crowded recruitment sphere.<br />

Some of the companies we’ve worked with in <strong>2016</strong> include Axis, Aspen and TMF<br />

Group.<br />

Commerzbank has worked with The Brokerage since 2003 to help<br />

source candidates. We use The Brokerage for our vocational training<br />

recruitment to ensure we have a diverse range of educational backgrounds<br />

within the Bank. Opportunities are available to join as a school leaver and<br />

study towards a degree whilst working at the Bank. Since 2003, 70 trainees<br />

have been hired and 34 (49%) of them are still at Commerzbank.”<br />

Kate Raggett, Talent Management Specialist, Commerzbank<br />

Overall, we’ve<br />

worked with over<br />

125 companies to help<br />

fill their school leaver,<br />

apprenticeship and<br />

graduate roles.<br />

18 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 19<br />

Our Alumni and Ambassador Network<br />

The connection with our beneficiaries doesn’t just end once that first placement has<br />

been secured; further support and guidance is provided to our young people by<br />

way of our Alumni and Ambassador Network.<br />

Brokerage Alumni members are those who have been through our programmes<br />

and are now working in their career of choice.<br />

Brokerage Ambassadors are candidates currently on Brokerage programmes and<br />

progressing towards their chosen careers.<br />

Our alumni and ambassador members act as champions for The Brokerage,<br />

helping to inspire the next generation of young talent. We continue to enhance<br />

their personal and professional development through a wide range of volunteering,<br />

fundraising, events and career opportunities.<br />

In <strong>2016</strong> we have been delighted to have our<br />

alumni and ambassador members support us by<br />

speaking at school assemblies, delivering inspiring<br />

masterclasses and providing valuable insights at<br />

conferences and events. They have also been<br />

fantastic fundraisers for us by jumping out of<br />

planes and running for miles to raise money for<br />

the organisation that helped them.<br />

Going full circle<br />

Our Alumni Board act as a steering group for the organisation, to ensure that we<br />

stay in touch with the needs and interests of our alumni and ambassador members<br />

as well as to inform our programmes.<br />

I was invited to join The Brokerage’s alumni board just in time for<br />

their 20th anniversary! It’s fantastic to grow in my career with the charity that<br />

enabled my first opportunity. It’s a great feeling to go from being a CBT<br />

intern, to an employer of CBT interns to joining the alumni board over the<br />

space of several years.”<br />

Alexandra Galviz, Head of Training and Development, Currencies Direct


Our work with businesses<br />

Our work with employers underpins everything we do.<br />

Our programmes wouldn’t have as much of a profound impact<br />

on our young people without volunteers providing that direct<br />

access to the world of work. Volunteers work with the young<br />

people through our workshops, masterclasses, mentoring<br />

programmes and networking events to help them develop their<br />

communication, self-awareness and teamwork skills.<br />

Through sharing their own knowledge and experiences, our<br />

young people are able to break down their perceptions of ‘City<br />

workers’ and understand that the people who work within the<br />

glass towers of London are just like them.<br />

100%<br />

of volunteers<br />

said they would<br />

recommend<br />

volunteering<br />

with The<br />

Brokerage to a<br />

colleague<br />

3,585<br />

3,585 hours of<br />

volunteering were<br />

provided by our<br />

corporate partners<br />

in <strong>2016</strong><br />

99%<br />

said<br />

volunteering<br />

was enjoyable<br />

or very<br />

enjoyable<br />

The children were very well<br />

prepared and there was a good<br />

balance of interaction. It’s been<br />

great fun!”<br />

Volunteer, Sapphire Systems<br />

The experience was great<br />

practice at thinking on my feet! It<br />

was beneficial to meet younger<br />

people who challenge your ideas.”<br />

Volunteer, Berwin Leighton<br />

Paisner<br />

Made me realise how<br />

creative and hilarious 11 year olds<br />

are.”<br />

Volunteer, UBS<br />

It allowed me to advise and<br />

guide young students and it allowed<br />

them to understand the business<br />

world and how offices operate.”<br />

Volunteer, Markel<br />

20 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 21<br />

The impact on the business<br />

As well as making a difference to the lives of the young people we serve, our work<br />

also has a positive impact on the businesses and institutions with which we partner.<br />

From rewarding, one-off volunteering opportunities to bespoke talent pipeline<br />

initiatives, all of The Brokerage’s programmes enable companies to support and<br />

develop their teams.<br />

Having to<br />

explain what I do,<br />

why, and what<br />

motivates me is a<br />

really good way<br />

to remind myself<br />

what motivates<br />

me.”<br />

Volunteer,<br />

Berwin Leighton<br />

Paisner<br />

I was able<br />

to pass on<br />

skills and<br />

consolidate my<br />

learning.”<br />

Volunteer,<br />

Salesforce<br />

Our wide range of programmes<br />

can be tailored to meet<br />

companies’ wider corporate social<br />

responsibility, equality and<br />

diversity objectives.<br />

By supporting The Brokerage’s<br />

activities, businesses not only<br />

develop their staff but also gain<br />

access to some of the brightest<br />

minds in London’s state schools at<br />

the earliest opportunity.<br />

Corporate case study:<br />

International law firm, Reed Smith have partnered with The Brokerage for the last<br />

four years, providing workshop volunteers for all age groups and mentors for their<br />

bespoke Year 12 mentoring programme. Working with The Brokerage helps them<br />

to achieve their responsible business aims.<br />

Reed Smith are delighted to continue their partnership with The Brokerage<br />

Citylink, assisting primary and secondary school students in their discovery<br />

of all the different career roles within a law firm.<br />

Our volunteers have thoroughly enjoyed the shared experience this year,<br />

which has led to us having to increase the number of workshops across the<br />

year and mentors involved in the mentoring programme as these are such<br />

rewarding programmes.”<br />

Carole Mehigan, Responsible Business Coordinator, Reed Smith


20 year highlights<br />

In <strong>2016</strong>, we celebrated The Brokerage’s 20th birthday! Here we’ve highlighted a<br />

few of our key milestones from the past two decades that have shaped our path<br />

to helping young Londoners achieve their career potential.<br />

Key highlights<br />

1996: The Brokerage Citylink was established<br />

as a registered charity.<br />

1999: Our vision refocused to concentrate on young people.<br />

The Working in the City programme was piloted at eight schools<br />

with ten businesses.<br />

2000: First awarded the tender to manage the City of London<br />

Business Traineeship (CBT) programme (which we continue to<br />

manage).<br />

2003: Won Lord Mayor’s Dragon Award for promoting diversity<br />

in recruitment in the City of London.<br />

2006: Celebrated our 10th anniversary, with over 2,500 young<br />

people participating in programmes that year.<br />

2008: Over 8,500 students from 117 schools had participated in<br />

our main programmes, and over 500 students had secured paid<br />

internships through us.<br />

2011: Developed and delivered the Continuum mentoring<br />

programme.<br />

2013: Extended reach to include a total of 23 boroughs.<br />

<strong>2016</strong>: The Brokerage celebrated its 20th anniversary!<br />

22 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 23<br />

Looking forward<br />

Set against an ever-changing technological, political and economic landscape, the<br />

world of work is changing rapidly and we are making sure The Brokerage changes<br />

with it so that more young Londoners are able to reach their full career potential.<br />

Making progress towards our <strong>2016</strong>-19 strategic aims, in <strong>2016</strong> we:<br />

• Secured new funding to work with the boroughs of Barking and Dagenham,<br />

Enfield, Lewisham and Waltham Forest, which are among the most deprived<br />

boroughs in the country.<br />

• Established our first partnerships with businesses in the engineering, PR and<br />

technology sectors.<br />

• Collaborated with other charities and corporate partners to deliver conferences<br />

and events to engage more employers in the social mobility agenda.<br />

We look forward to continuing this progression in 2017!<br />

Number of<br />

schools we’ve<br />

worked with:<br />

then 8<br />

now 234<br />

Number of<br />

London boroughs<br />

we operate in:<br />

then 6<br />

now 30<br />

Number of<br />

students we’ve<br />

worked with:<br />

over<br />

65,000<br />

Last year<br />

over<br />

9,000<br />

young people<br />

participated in our<br />

programmes and<br />

activities<br />

In our first year<br />

156<br />

young people<br />

benefited from our<br />

opportunities


<strong>Impact</strong> measurement<br />

We commit to providing high quality, effective, programmes for all our young<br />

people, from primary school through to undergraduate and beyond.<br />

In order to make sure our activities are having a positive impact on young people,<br />

we will be implementing our own STACK impact measurement tool in 2017, which<br />

will measure the core skills and qualities we seek to develop in young people,<br />

across all our interventions and programmes.<br />

S<br />

T<br />

A<br />

C<br />

K<br />

Self-awareness:<br />

The ability to understand your own character,<br />

abilities and motivations while also<br />

understanding others’ perceptions of you and<br />

how external factors affect you.<br />

Teamwork:<br />

The ability to collaborate with others in a<br />

professional context.<br />

Attitude:<br />

The ability to maintain a positive mindset<br />

and approach.<br />

Communication:<br />

The ability to impart and receive information<br />

in a confident and professional manner.<br />

Knowledge:<br />

Understanding the practicalities of your career<br />

options and the wider world of work.<br />

24 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 25<br />

Alumni anniversary challenge<br />

As The Brokerage turned 20, we set our alumni board members an anniversary<br />

challenge! We asked them to describe the impact The Brokerage has had on their<br />

lives, in just 20 words.<br />

Due to The Brokerage, I learnt essential<br />

skills, accessed great opportunities and built<br />

my career in the City. Thank you!”<br />

Darryl Mootoosamy, Sales & business<br />

development manager, B Lab UK<br />

We know what we are, but know not what<br />

we may be" - William Shakespeare. The<br />

Brokerage definitely helped me know!”<br />

Toib Olomowewe, HR business partner, Shell<br />

Choice words from passionate staff, keen<br />

alumni always giving back, hard work but have a<br />

laugh, aspiration making a comeback.”<br />

Ime Udoh, Business analyst, ICAP<br />

A link that is needed, a hand reaching<br />

out, a step on the ladder, on a journey that’s<br />

just begun.”<br />

Alexandra Galviz, Head of training and<br />

development, Currencies Direct


Key achievements of <strong>2016</strong><br />

Challenge fundraising<br />

Total raised<br />

£5,509<br />

<strong>2016</strong> has seen Brokerage alumni members, friends and supporters dedicating<br />

their time to raising funds for The Brokerage through a series of fundraising<br />

activities and events. These challenges allow Brokerage supporters to achieve<br />

their personal goals, but also give back to a charity which strongly resonates with<br />

them or, for alumni members in particular, supported them into their chosen careers.<br />

The Big Give Christmas Challenge<br />

Total raised<br />

£22,007<br />

The Big Give Christmas Challenge helped us raise funds for our Employability Skills<br />

Advice Service, which helps disadvantaged young Londoners who are seeking advice<br />

or support regarding career opportunities in professional and financial services.<br />

We’re grateful to: Barnett Waddingham, Berwin Leighton Paisner, Clifford<br />

Chance, CFC Underwriting, CMS, Cooley, Fidelis, Markel, Liberty Specialty<br />

Markets, TheCityUK, The EQ Foundation, Tindall Riley, Tokio Marine Kiln and<br />

Sapphire Systems, along with many of our individual supporters who helped us to<br />

successfully unlock all match funds, more than doubling the value of each donation!<br />

Worshipful Company of Insurers<br />

We’ve been delighted to receive support from the Worshipful Company of Insurers<br />

(WCI) which, as well as making a significant and welcome contribution to our core<br />

costs, ensures we can provide a range of additional opportunities for our students.<br />

Thanks to this funding, over 1,300 young people have received additional support<br />

from The Brokeragethis year through:<br />

• The career options programme targeting Year 12s at class assemblies in<br />

predominantly outer London boroughs.<br />

• School-leaver registration and individual career guidance sessions held.<br />

• The annual student summer networking event, held at Insurance Hall, supported<br />

by over 60 representatives from the insurance profession.<br />

26 IMPACT REPORT <strong>2016</strong>


IMPACT REPORT <strong>2016</strong> 27<br />

Funders and donors<br />

In 2015/16, our programmes were supported by funding and donations from the<br />

following organisations:<br />

ArgoGlobal<br />

Ashurst<br />

Bank of England<br />

Barnett Waddingham<br />

Berwin Leighton Paisner<br />

Citigroup<br />

Clifford Chance LLP<br />

City Bridge Trust<br />

City of London Corporation<br />

Hedley Foundation<br />

Herbert Smith Freehills LLP<br />

Lloyd’s Community Programme<br />

Peter Cruddas Foundation<br />

Rabobank International<br />

Reed Smith<br />

Royal Bank of Canada<br />

Royal Bank of Scotland<br />

Sidley Austin LLP<br />

State Street Corporation<br />

TD Securities<br />

The Allen & Overy Foundation<br />

The Childhood Trust<br />

Tokio Marine Kiln<br />

The Nomura Charitable Trust<br />

UBS<br />

Worshipful Company of International Bankers<br />

Worshipful Company of Insurers<br />

Fundraising for The Brokerage<br />

With further funding we can reach more young people from disadvantaged<br />

backgrounds, schools or boroughs in London and inspire, motivate and help them<br />

to reach their potential. You can help us continue our great work by donating<br />

through our JustGiving page or by contacting us directly. Details of both are on the<br />

back page.<br />

THANK YOU to everyone who has<br />

supported us this year - we couldn’t<br />

have done it without you!


Funded by<br />

Publication of this report was supported with funding<br />

from the Worshipful Company of Insurers (WCI).<br />

Acknowledgements<br />

We would like to thank all our partners in schools,<br />

corporates and everyone who supported us in <strong>2016</strong>.<br />

With special thanks to Suzanne Hu for her volunteered<br />

time on this project.<br />

Further information<br />

To find out more about our work, please visit our<br />

<strong>web</strong>site: www.thebrokerage.org.uk<br />

Our annual report and accounts can be found at:<br />

http://www.thebrokerage.org.uk/about-us<br />

Registered charity number: 1059173<br />

The Brokerage Citylink<br />

65 London Wall<br />

London, EC2M 5TU<br />

020 7628 9904

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