I'm looking for advice as someone who is trying to transition out of commercial lending to a new career.

Anonymous

January 3,2023 at 11:52PM UTC

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I'm looking for advice as someone who is trying to transition out of commercial lending to a new career. I recently went back to work after a 4 year career break to raise my daughter. I went back to a VP credit role similar to what I held before I had my daughter. Going back has made me realise that I never enjoyed this job though and now the constant deal churn environment and long and non consistent hours have my anxiety through the roof. I have been trying a career pivot, but am having a hard time finding a next step that I fit into without starting from scratch or spending thousands going back to school. I got into banking because it seemed like a good, broad experience base, but it seems to be a career black hole. No one gets out, they just jump around. Any advice from anyone who has made the move out of banking would be hugely appreciated!

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AnonymousFebruary 1,2023 at 4:42PM UTC
Congratulations for taking the career break to raise your daughter. We often take it for granted but it's often needed and important. Having said that, as a former banker, I would say you have a lot of transferable skills that could be put into use elsewhere. The first step I would recommend is for you to take stock of your current skills and interests. Do an individual review and identify what you would like to do and that is practical in terms of ROI. I took a pay cut at first when I left banking but once you identify your next domain, you can then find free boot camps, training or videos online that can help stir you in the right direction.
Jennifer TaylorFebruary 6,2023 at 1:32PM UTC
I pivoted my career when I was 50. It wasn't easy, but I took contract roles to get experience and now I'm almost one year in my new, permanent role. You want to emphasize the transferable skills from one industry to another. Any relevant industry experience that can be applied is also something to look for, and be sure to customize your resume for each position you're applying.