I saw that advertised on instagram of all places lol, anyway i took a look at the website, do note that it is a traineeship so make of that what you will. it is unlikely you will gain much valuable experience in there as it is only 18 months long (training included) during which you will be attached to FI (again, unlikely you will be attached to a good proj).

The saving grace however is that the training allowance is 5.5k for some tracks and 4.5k for the others. Altho as a trainee you are ineligible for bonuses and CPF contributions.

Would say NCS is a more permanent option and less risky compared to TFIP as the traineeship partner FI might not take you in, but then again u might luck into somewhere like JPM so also quite rewarding. At the end of the day its your call.