Career advancement doesn’t come solely from hard work. No matter your original career plan, it is smart to remain open to changes and embrace them as opportunities. Sometimes, pushing through the discomfort will accelerate your career.
Today’s guest is James Hussney. James is now a Director with KeyBank’s Loan Syndicate, Sales and Research Group but he started his career with something else in mind. He was an investment banking intern within the M&A group and believed that was where he wanted to be. James ended up choosing a different path after learning something he didn’t know about the business and himself.
This is a very rich and honest conversation about staying open to possibilities, shifting your plan, embracing discomfort and the value of mentorship.
Listen closely because most likely you will face something similar to what James has, and you’ll want to emulate some of the ways in which he handled himself. If you do, you may just accelerate your career too.
In this episode:
- What happens in a loan syndicate, sales and research group
- When companies would need a bank’s syndications group
- Ways in which internal deal teams and other banks collaborate to get larger loans done
- How new business and idea generation happens within a syndicated loan group
- The purpose of the trading function within a loan syndicate and sales group
- James’s career journey from the M&A group to the syndicated loans group
- The value of rotational programs and why you should make sure you are a part of one (even if your company doesn’t provide it for you)
- Other careers in finance involve the valuation toolbox (not just M&A)
- Certainty of close in syndicated loans versus M&A transactions
- How much good colleagues and a culture of mentorship impact your career satisfaction
- The key to growth in your career
- How to deal with unexpected detours along your career path and why they can sometimes accelerate your career
- Why you should often embrace uncomfortable situations
- Getting through tough times with gratitude
- Identifying people in your life who you can emulate, both professionally and personally
- How encouragement can benefit both the giver and the receiver
Music by Elijah from NOMADS