UK
CHEERING TALES: Re-employed as a market risk analyst after four months with no income
10 September 2009
Here's the next in our series of uplifting posts about real people who really did lose their jobs and then found new (and sometimes better) ones.
Current role
I'm currently working as a market risk analyst with a focus on liquidity risk reporting, modeling and the implementation of stress scenario testing.
Previous role
I was previously employed by a BB European investment bank as a corporate fund and liquidity analyst for the Treasury division. That was my first job after Uni.
When the lights went out
I lost my first job last February, after completing one year with that bank.
When the lights came on
After four months of being unemployed, I managed to get my new position.
How the job was found
I went through all the different routes to get my new job; recruitment agencies, website applications, direct contact with the HR departments of banks, and sending my CV to employed friends around the City. The method that gave me the most interviews was the direct contact with the HRs of the banks.
Life without income
It wasn’t very easy to accept that I’d lost my first job and that I had to live for four months without income. I tried to limit my expenses, cancelled my gym membership and started cooking instead of buying ready meals from M&S.
Lessons learned
If I lose my job again, I will be once again proactive and open minded. I will also be more confident! I survived the worst recession since the 1930s, nothing can stop me!
True you wil be back as partner MD and fire those who betrayed you (e.g. your old boss)
However, it is sad you joined back office again at a lower tier bank. Technically speaking both the brand name and the job content didn't improve much.
Global HR 10 Sep 2009
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