WORKPLACE

ETHICS

Course Review
By Abraham Aemero
January 2024

Young Leaders
Development Program
Contents
Introduction

Moral vs Ethics vs Values

Workplace Ethics

Bank Ethics

Principals of Bank Ethics

Ethical Management

Code of ethics

Conclusion
Introduction

This course deals :

• Ethics and ethical standard in a workplace.

• Banking ethics.

• Code of ethics

• Managing and enforcing this code of ethics are discussed.

• Decision making and handling ethical dilemmas

Key topics to consider

1. Moral vs Ethics vs values

Moral
• associate with individuals view on what’s right and wrong
• Developed by experience of an individual

Ethics
• Is the standard principles that is set in a given society
which an individual operates
• Developed from the surrounding context

Values
• Is what an individual held most important in the
things he do
• Things that we prioritize in our personal or work life
Key topics to consider

2. Workplace Ethics

• Defines as an acceptable conduct or behavior

• Create a positive, reputable image of the organization.

Some elements of Workplace ethics

• Honesty and integrity,
• accountability,
• confidentiality,
• communication,
• fairness and respect toward others.
Key topics to consider

3. Bank Ethics
standards and rules that need to be followed by employees and the
institution financial setting

Two types of banking ethics

1. Internal Banking Ethics:
• Deals within the finical institution
• Guides how employees interact with each other
and with their managers
• resolve internal conflict and prevent illegal activities

2. External Banking ethics:

• Guides how the employees interact external
stakeholders
• Helps to create positive company image
Key topics to consider

4. Principals of Bank Ethics

These are ethical principals that are cornerstone for any relationship there is between
employees, managers, clients or any other stakeholder.

The Principals are:

• Mutual Trust
• Benefit and interest
• Good intention
• Compromise and tolerance
• Ethical improving
• De-monopolization of own position
• Conflict of interest
Key topics to consider

5. Ethical Management
How a company manages the ethical considerations of the company to create a conducive work
environment and reduce risk of ethical misconducts.

Code of Ethics, strategies and programs

Benefits of Ethical Management:

• Establishes required operating values and behaviors
• Allow organizational leaders to be on top of ethical issues
• Create awareness and sensitivity to ethical issues
• Integrate ethical guidelines to decision-making,
• Structures mechanisms to resolving ethical dilemmas
 Key topics to consider

6. Code of Ethics
Internal guidelines that clearly indicate acceptable behaviors
Originates from the core values.

What code of ethics provides:

• Clear distinction of legal and illegal activates in the company
• Help cultivate trust among employees and managers
• Protects employees form management abuse,
• Help create a healthy work environment
• Retention of employees and client
 Key topics to consider

7. Enforcement Code of Ethics

KEY CONCEPT
• Decision making vs Ethical decision making
Decision Making: assessing and evaluating to select the best course of action that have the best
outcome.

Ethical Decision Making: evaluating and selecting decisions based on ethical code of conducts

• Ethical Dilemmas
In decision making, dilemmas arise that will be challenging to make an ethically correct decisions.
 Key topics to consider

8. Enforcement Code of Ethics

In facing banking ethical dilemma, using these quick question will help:
“is it Legal?”
“Does it comply with bank policy?” “Does it reflect our bank values?”

“Does it protect bank’s interest?” “would my supervisor approve?”

“would the society approve?” “Is it the right thing to do?”

“would I be okay if its on the news?”

• Conflict of Interest
Conflict of interest occurs when personal or financial interest have an affect in our
judgments.

In financial industry, conflict of interest should be carefully and skillfully managed.

Practical application of the Course
In my understanding of the course: here are some a real life applications:

• Better understanding of the banking ethics and operating

value of the financial industry in real life
• Align my own morals and values with the ethics of the
financial industry
• Provide a guideline on workplace ethics
• Using it as a stepping stone for further
exploration on the subject
Challenges and overall experience
Challenge

limited knowledge of the financial industry procedures has created small obstacle while discussing
ethical dilemmas.

Overall experience
I can sum up the overall experience of this course with
the following points
• An interesting topic to start our journey with
• Shows HST’s value
• Interesting course that allowed us to have
fruitful discussions with colleagues.
 Conclusion
In conclusion, a commitment to strong workplace ethics is vital for professional success. It empowers
individuals, strengthens organizations, and builds lasting trust with clients, creating a sustainable work
space where everyone succeeds.

To summarize here are some key point:

• Ethics
• Workplace Ethics
• Financial Industry
• Code of ethics

In my opinion, workplace ethics course is a great starter

course especially for us seeking a career in the financial
industry. It sets the tone for our further endeavors.
Thank you

Young Leaders
Development Program