Move2008 wrote:
Hello
I am currently working at an advertising agency and have spent the last 11 years working in sales and negotiation roles for various media owners in the advertising industry. What are the chances of me being able to get back into banking (e.g. a back office role in an investment bank)? I'm 34 and I used to work for Bank of America many moons ago (1992/1993) but realise this experience is slightly out of date to say the least. Any help of general advice would be greatly appreciated.
A member of the WH Marks Sattin banking team replied:
Unfortunately with the current state of the financial markets, still reeling from the effects of the credit crunch and processing considerably lower volumes of trades than in the proceeding Bull markets of the last few years, I think you will find it difficult to move back into what has recently become a very competitive job market in back office investment banking – particularly given the 11 year gap in your experience relevant to the banking world.
There are lots of candidates currently looking for back office work with very current experience – our best advice would be to stick with the advertising for a year or so and reappraise the banking situation then. In the meantime, if Banking is something you would still like to pursue, then we would suggest refreshing your skills with a suitable training course.
All the best
WH Marks Sattin
Current WH Marks Sattin banking jobs
About the WH Marks Sattin Job Doctor
WH Marks Sattin is a specialist recruitment agency dealing with accountancy, finance, tax and consultancy professionals. This is our Job Doctor forum/blog.
Looking for a career change? Want some advice on which industries are good to get into at the moment?
Go on, ask our consultants some questions! If you want you can comment on our answers... We hope you find it useful!
To ask a question follow these steps:
1. Click "comments" on any of the previous posts (even if it isn't related to your question
2. Type in your question in the box
3. Select "anonymous" if you don't have your own account
4. Click "Publish your comment"
We will try to answer your question in 3 to 5 days.
http://www.whmarkssattin.com/
Looking for jobs in IT? Why not talk to our sister company Greythorn - specialist IT recruiter.
Looking for a career change? Want some advice on which industries are good to get into at the moment?
Go on, ask our consultants some questions! If you want you can comment on our answers... We hope you find it useful!
1. Click "comments" on any of the previous posts (even if it isn't related to your question
2. Type in your question in the box
3. Select "anonymous" if you don't have your own account
4. Click "Publish your comment"
We will try to answer your question in 3 to 5 days.
http://www.whmarkssattin.com/
Looking for jobs in IT? Why not talk to our sister company Greythorn - specialist IT recruiter.
Subscribe to:
Post Comments (Atom)
2 comments:
Hi,
I have a degree in accounting and graduated in 2006 and have completed part 1 and 2 of the ACCA and I went in to a job in sales ledger.
I have now realised that I want a career in taxation but obviously lack accounting experience in other than that gathered from sales ledger.
When I apply for jobs as a trainee accountant or accounts assistant they ask for 1-2 years on experience in a similar role. Even when I apply for temporary jobs they tend to assign me to sales ledger role which I aready have experience in and want to move away from.
I feel stuck as I feel I apply to these positions in vein.
Can you advise me on how to kick start my career.
Thanks,
Hi
I graduated with a PhD (in history) in 2005 and then took the last three years off to have two babies. I have worked throughout my degrees and have managed large budgets devoted to implementing I.T. training.
I would like to work outside of academia and have been told that some firms accept PhDs as management consultancy trainees.
Do you think there's any chance of that with my background in the Humanities?
Thanks
Post a Comment