I need some career advice.( Stuck)
I have an mphil in economics. Since I found it hard, my grades are not that good and I sold myself kind of short without realizing it the day I accepted my first job.
I knew little about finance, and acceptet a job as a Treasury adviser for an international company. After a couple of years I startet at a different company as a Treasury controller. I had no idea it meant getting stuck at the Mid/ Back Office section. I have been there many years because the company is great and nobody quits their Front Office jobs neither, so the turn over is 0. I can work from home, pick up my kids early and take days off at any time for an ok salary. What makes me sad is knowing I could do better. I have a master and my collegues have bachelor degrees. I am bored and I feel depressed about not having done better in life after all the hard work in school. What I like about my job is when I look at risks and I get to read macroeconomics. I report on it, but I wish I could analyze more.
Every month I explain what happened with the market in a summary to explain the balance sheet, which is as fun as it gets. I get to use a tiny bit of my master ( some macro economics)
I take an investment class for fun now. Not enough to learn in my position unless I study.
A bank has called me for a Market Risk position. I was about to say yes, but I have 2 concerns:
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Work / life balance. Will it ever be as great as it is today?
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Will they outsource the department to a low cost country?
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What else can I do? Quit Treasury for good after 8 years and transfer to a different department where I am? Maybe become a project manager in the long run?
marsi, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:
More suggestions...
Fingers crossed that one of those helps you.
I’m not in the risk department, but I have some friends who are so I’ll chip in.
I will say this as someone who also has a master’s in economics: most positions in finance don’t require an advanced degree.
I haven’t ever created a panel model with R or was asked my knowledge of the Lagrange multiplier.
Maybe try to shift to Corp dev if possible? Even if you take the offer from a risk department, you might not like it and exit will be somewhat limited.
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