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MoneyGram, Capital One Partner with Collin College for $350,136 Job-Training Grant

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MoneyGram, Capital One Partner with Collin College for $350,136 Job-Training Grant

TWC Chairman Andres Alcantar presents a $350,136 Skills Development Fund Grant to representatives from Collin College, MoneyGram and Capital One. Pictured from left: MoneyGram Global Compliance Programs Vice President Laura Rau, Capital One University Director Kelly White, Chairman Alcantar; Capital One Strategic Partnerships Director Mohammad Qasim and Collin College District President Dr. Neil Matkin.
TWC Chairman Andres Alcantar presents a $350,136 Skills Development Fund Grant to representatives from Collin College, MoneyGram and Capital One. Pictured from left: MoneyGram Global Compliance Programs Vice President Laura Rau, Capital One University Director Kelly White, Chairman Alcantar; Capital One Strategic Partnerships Director Mohammad Qasim and Collin College District President Dr. Neil Matkin.
April 20, 2015 – MoneyGram and Capital One have partnered with Collin College to provide job training for 311 new and incumbent workers using a Skills Development Fund grant totaling $350,136 from the Texas Workforce Commission (TWC). The grant will benefit workers in the Workforce Solutions Greater Dallas area.

The grant will be used to custom train 311 new and incumbent workers to improve fraud detection, anti-money laundering, mortgage underwriting and project management skills. Those trained will include compliance officers, management analysts and training and development specialists. Upon completion of training, the workers will earn an average hourly wage of $39.78. Participants may also be eligible for certifications as a Certified Anti-Money Laundering Specialist, Financial Crimes Investigator and Fraud Examiner

"Skills grants deliver customized training solutions that help Texas employers and workers succeed in the marketplace," said TWC Chairman Andres Alcantar. "This investment builds not only employee skills, but the capabilities of our community colleges to the benefit of employers and the community. We are pleased to make this investment."

From the program's inception in 1996 through 2014, Skills Development Fund grants have created or upgraded more than 316,000 jobs throughout Texas. The grants have assisted 4,074 employers with their customized training needs. The Legislature allocated nearly $48 million to the Skills Development Fund for the 2014-15 biennium. Employers seeking more information about the Skills Development Fund may visit the TWC website at www.texasworkforce.org/skills.