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Tag: career mismanagement

Life after Scotiabank

Life after Scotiabank

So my rather short career at Scotiabank came to an abrupt halt. I had never been fired before, so I was in denial. How could this happen to me? How could they do this to me? The answer was simply that they didn’t like me. Yup, pretty simple. As I mentioned earlier, the plain and simple fact is that no one gets fired for being incompetent. They get fired if the boss doesn’t like them (also known as a management…

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Give your all for the firm – think about it

Give your all for the firm – think about it

When we manage our careers, this issue always comes up. Should we give our all for the firm? I am sure that there are different views out there on this question. Here is my take on this based on my experience. It depends on the circumstances. I remember working long hours, traveling even longer hours and still getting the boot. I often wondered what the magic formula was for some of my colleagues. They were pretty good at their work,…

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Career mismanagement – one more go around

Career mismanagement – one more go around

In my last post, I wrote that I had left Chemical Bank of Canada. My next step was to move over to a Canadian Chartered Bank. The move was arranged through a head hunter that used the demise of Chemical Bank in Canada as a source of “new product” for her clients. It was still boom time in financial services, so moving was still pretty easy. Keep in mind that I was still plowing the wrong field – derivatives, interest…

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All by myself

All by myself

In doing a search on career management, I found the following page that looks at the: Best of 2016: Career Management. It’s worth having a look at some of the materials here. In particular, I had a quick read of the following article: Voice of Experience: Melissa Goldman, Managing Director, Goldman Sachs and Head of Credit Risk, Collateral Management and Cross Divisional Projects, Technology Now that’s a title!! I’d love to see her business card. Here are a couple of the comments…

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Where am I at?

Where am I at?

It’s useful to step back and take these experiences and distil them into a series of learnings. What should I have learned from all this? There is a pattern of job-hopping here that is corrosive to a career. I must have changed jobs seven times in fifteen years. Think about that. That’s a new job every other year. It’s difficult to build a firm foundation anywhere with that kind of resume; I certainly knew how to find a new position….

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Career mismanagement – when you’re over 55

Career mismanagement – when you’re over 55

I have run into a number of individuals that lose their jobs over the age of 55. Sometimes they are cut-off before they can get the maximum pension from their employers. These are difficult situations even for the very skilled, as employers are reluctant to hire individuals over the age of 55 (sometimes even younger). Serious career mismanagement Let me give you an example of what I mean. I’m the most familiar with the issues that face professional accountants. The…

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Irrational exuberance – Robert J Shiller

Irrational exuberance – Robert J Shiller

Keeping up on your reading is always a good idea. It allows you to be well informed when you make your career management decisions. Irrational exuberance – the book discusses the concept of irrational exuberance from many different perspectives. The author tries to explain how bubbles start in financial, real estate and other markets. Some of the information is extremely insightful and allows the informed reader to better understand why these things happen. What I find with many of these…

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Moving on to Citibank and more

Moving on to Citibank and more

I left public accounting and moved on to Citibank. What a change! When you have your CA designation and work at a public accounting firm, you pretty much a face in the crowd. A lot of professional accountants around! But in other organizations such as the banks, the whole thing changes. You’re a scarce resource. I started work and had to get used to a completely different environment, more like corporate finance rather than trading. Interest rate and cross-currency swaps…

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