I know it’s a Steve Jobs quote. He came to speak at my university once and those words really resonated with me. He’s a very inspirational speaker.
I have been working BO Operations for nearly 2 years in SF as well, looking for a role which involves research in consumer tech/tech industry. I value every minute of my experience because of the discipline it provided as my first job out of school but know that operations is not where I will thrive. You don’t need to start from scratch, but take a very good look at yourself/strengths/ what you enjoyed most about your experience and start gunning for positions which involve those skills and relate to those interests. Knowing somebody who knows somebody wouldn’t hurt either.
Freshie Wrote: ------------------------------------------------------- > thanks! 9-5…well paying job…reasonable career > growth…sounds good. > boston - is that the only operations hub? how are > the prospects in SF? > May be I will complete CFA …just because am 2/3rd > way over! I think BGI and Mellon has some BO staff out there. Boston, NYC, and Chicago is bigger. At my last job you could make fund accounting manager within 4-6yrs and be pullin in ~70-80k. But moving up in the BO is a game of attrition, you can’t move up until your boss leaves and even then there might be 2-4 people fighting for that one spot. CPA/CFA/MBA def helps. Also salaries vary by department. If you solely work in settlements the pay is going to be pretty low, fund accounting is marginally higher. Reporting/Audit/Tax is higher. SecLending group aside from management made the most. Also many of the custodians run their internal money market funds or short term fixed income funds for cash sweeping/reinvestment for seclending.
Freshie Wrote: ------------------------------------------------------- > 6 years at 3 different firms and everytime I was > keen on moving away from operations and never > showed interest…except doing the minimum > rquirements of my job. Not exactly the work eithic that makes S&T want to save you from the BO…