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A New Year - A New Career Direction: Executives Transitioning Out of Financial Services

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With growth in the financial services sector expected to lag behind other industries, 2012 may be the ideal year to make an industry transition. There are a number of ways to clarify your career focus and create an effective strategy to achieve your goal:

  • Evaluate your strengths and identify transferable skills. Looking back on your professional path, consider career milestones and the key challenges you successfully confronted. What skills did you demonstrate? Practice telling your “career success stories” in a way that showcases those skills … and the results you attained. Hiring managers know that past performance is an ideal indicator of future success. 
  • Assess your passions. Examine what you like about your current role and the kind of situations that drive your adrenalin. Consider your interests outside the workplace. Who you are is a combination of both.
  • Arm yourself with a powerful resume. Work with a well-qualified resume writer who can leverage your experience and expertise to demonstrate your value, regardless of industry. Creating a visually attractive resume that clearly and concisely tells your professional story will land interviews.
  • Work with a mentor or coach. Transitioning from one industry to another can be quite a challenge. You can make it a bit easier by engaging with an expert who can help you create a viable plan to transition from where you are now to where you want to be. Let your coach guide you on your journey and sharpen your interviewing and communication skills.
  • Update your knowledge. Pursue a new certification or degree. Enroll in a workshop. Attend a conference. Up-to-date education shows commitment to your new profession and provides value to your next employer.
  • Rethink your online identity. The majority of recruiters check social/professional networks before hiring, and your online persona should properly represent the “new you.” If you focus on your past – your financial industry experience – that’s how readers will see you. Instead, update your profile with keywords specific to the jobs you’re targeting and use generic terms for anything that is too industry-specific.
  • Network. The #1 way to find a new job is to network. LinkedIn, with its global membership of more than 100 million, makes this easy. Tap into your existing network, make new connections, join groups, and position yourself in your new arena.

To learn more about transitioning out of finance and other industries, register for the upcoming BlueSteps webinar, Stay or Go? Transitioning into a New Industry, Wednesday January 25th, 12 noon - 1 pm EST. Is it possible – or advisable – to transition into another industry? In this seminar, Career Coach and Executive Resume Writer, Cheryl Simpson, will help finance executives consider the whys and hows of a strategic transition into aligned industries. Read more >>
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This article was written by Marjorie Sussman,
MRW, ACRW, CPRW, a Master Resume Writer with BlueSteps Executive Career Services (BECS).





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About the author

Marjorie Sussman's picture

Marjoeie Sussman is a resume writer and career advisor with the BlueSteps Executive Career Services team. She is a master resume writer and a Academy Certified Resume Writer specializing in career documents for board directors, C-suite officers, and all top-tier executives. Why choose me? Because I love the challenge of shaping your background and aspirations into a straightforward, compelling marketing piece. I will tell your professional story creatively, concisely, and powerfully.

Learn more about the BlueSteps team of career advisors and the services they provide to help you improve your career trajectory here.

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