I was recruited from campus by Patni Computer Systems as Management Associate to work for their BFSI segment. Within a couple of months I was selected for an assignment based out of London to work for ABN Amro Bank’s Counter party Risk Management Section. After a 15 month deputation in London I was back in India working on other ABN projects as offshore lead for another 9 months. Later in pursuit of further opportunities for growth I joined Credit Suisse India Ltd which was setting up its Counter party Risk Management Segment for its Investment Banking Division here in India. I became Assistant Vice President within a span of 2 years, leading a team of 18 analysts.
Personal satisfaction: It gives me great satisfaction to create something from scratch and then see the same take shape and get into self sustenance mode. I also enjoy working with young people who are eager to learn and grow. The job content here is dynamic and functionally challenging which makes problem solving more energizing.
Dissatisfaction: In spite of our skill sets it is unfortunate that we have to prove ourselves time and again to the Western World. Secondly, it is quite a challenge to hire Analysts as the job description has got completely diluted which makes identifying good talent quite cumbersome and time consuming.
Likes and dislikes about working in this industry: Financial Services, especially Investment Banking, are ex-tremely innovative, change rapidly and have tremendous impact. These factors contribute to the criticality of a Risk Analyst’s role. Since the Financial Crisis the focus has shifted more towards Risk Management. However there is a lot of regulatory oversight these days which is dampening the innovative spirit of the industry.
Key factors that led to your career advancement: I call it the 4 Ms – Motivation (Self and Unrelenting), Mobility (it inadvertently creates opportunities), Mindset (one should be adaptive under all circumstances and willing to fight it out), and Mensch (it’s German for ‘a person of integrity, honour and transparency’).
Relationship between your work and experiences you had in college: There is considerable relation between the two. The Organizational Behavior lessons which we used to take lightly are now extremely relevant since management is all about perception and behavior. Also the hardships faced during my summer internship gave me important insights which strengthened my personality and resolve.
Message to the students: The 22 months that we get in a B School are extremely important and relevant. Utilize the same seriously and develop the ability to absorb information. This helps you to deal with corporate affairs later and defines your personality. Ask me now and I would say, ‘Wish I had spent some more time learning!’
Perception about SIMSR and suggestions for our college: Coincidentally both my wife and my younger brother are SIMSR alumni and hence I have been abreast with events at SIMSR for more than my own share of 2 years. I realize that we select and groom excellent talent for the corporate world. I am also very proud of the tremendous improvement in the infrastructure and kudos to the management for focusing on the same.