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About Us Capital W is the first and only dedicated undergraduate women’s business society at UNSW Australia, and open to female students from all universities. It was founded in 2007 as a grassroots approach to bridging the gap between university and the corporate world. We aim to motivate and educate talented female students of today – to give them the skills, confidence and inspiration they need to become future successful business leaders.
CONTENTS Exclusive Articles 2 Capital W Executive Team 2016 Meet the Executives! 3 President’s Welcome By Vianna Pan 4 Market Recap
Our Vision To form a business-related women’s club with a reputation for attracting talented female students and equipping them with the skills and networks to become future business leaders.
Our Mission To advance the career development of women in business through a network of undergraduates, professionals and faculty.
By Kinza Memon 5 Half the Sky By Henrietta Chui 6 Microsoft Innovation Challenge:: The Iconic By Mary Liu, Capital W and Women in Engineering 8 Bank of America Merrill Lynch Exclusive Interview with Georgina Hayes
Keep up to date with the latest Capital W news, events and sponsor information via our website, capitalw.org, or like us on Facebook at facebook.com/capitalwinc.
Exclusive Interview with Vivi Basilakis 10 Commonwealth Bank Exclusive Interview with Narelle Quinon
Editors Vidushi Sharma, Karuna Narang, Vidhi Nanda, Lily Zhang, Kinza Memon, Vianna Pan, Estelle Pham. Our contributors for this edition Henrietta Chui, Kinza Memon, Tina Vo, Vianna Pan, Estelle Pham, Jennie Yiu, Beatrice Lau, Chelsea Leung. Special Thanks to Our Contributing Sponsors Bank of America Merrill Lynch, Citi, Commonwealth Bank, Credit Suisse, Deutsche Bank, EY, Goldman Sachs, Macquarie Bank, UBS, Westpac.
13 EY Exclusive Interview with Aniqa Sadeque 16 Morgan Stanley Exclusive Interview with Olivia Wise 17 UBS UBS Exclusive Interview with Brooke Johnston 18 Westpac Exclusive Interview with Nadine Abwi
Disclaimer: "The Market ReCap" article is general in nature and written by a student. The information should not be construed as professional financial advice and/or opinion. Statements and opinions expressed are of the author and do not represent the opinion of Capital W. The author and Capital W will not be held responsible for any liability arising from your actions. Please do your own research and come to your own conclusions, or consult with a licensed professional.
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Capital W Executive Team 2016
Vianna Pan Co-President Fifth Year, Commerce/Mathematics
Jennie Yiu Vice President (External) Fourth Year Commerce/Economics
Beatrice Lau Treasurer Fourth Year Commerce/Science
Kinza Memon Publications Director Second Year Commerce
What is unique about Capital W? Apart from our core mission to empower female students to become future business leaders, which is unique in itself, what makes Capital W special in particular is the group ambitious young women at the helm. They are some of the most driven, hard-working students you will ever meet, and you cannot help but be inspired by their tireless commitment to ensure female students are educated about the opportunities available to them.
What advice do you have for first years who aren’t too sure what direction they want to go? Definitely keep an open mind! University is the time to really find your passion and interest. There are many opportunities available to get involved from volunteering, studying overseas and joining a society. Be open-minded about your future career and to new experiences, you’ll never know where your degree will take you.
What is your favourite way to keep organised? My major organisational tool is my calendar. It is a great way to keep track of my study during the semester amidst social events, work and hobbies. At the beginning of each semester, I like to go through all my course outlines and mark in all my assessment dates in my calendar- this includes quizzes, mid semester exams, presentations and assignments.
What is your most effective method of driving away procrastination? My best long-term procrastinationpreventing method is to continually reinforce my goals and ambitions and subsequent fears, if these successes are not met. Write them down-make to-do lists. Having absolutely so much to do, that procrastination is completely out of the question- unless I want to be reduced to tears in the corner of my room/be unemployed.
Lauren Maxwell Co-President Fourth Year, Commerce/Media
Estelle Pham Vice President (Internal) Third Year Commerce/Economics
What have you gained by being part of Capital W? As a part of Capital W I have established a strong foundation of essential careerrelated skills including networking, event organisation and teamwork. Capital W has also been a fantastic way to meet likeminded student leaders who openly welcomed me to university life as a first year when I first became involved with the society.
Where is the best food on campus? Max Brenner hands down. Their hot chocolate served in hug mugs is heaven during winter. It’s also a nice place to meet up with friends or study between classes. For a more substantial meal, look no further than Mamak next door which offers all sorts of addictive Malaysian dishes. It is guaranteed that you’ll keep coming back for their Mie Goreng or Nasi Goreng!
Where is your favourite place to study on campus? I like to study in the UNSW Business School, on the stools that overlook the Science theatre & Red Centre building – the spacious area provides enough ventilation to keep you awake to study, and the wide windows give you a spectacular view of the sun setting over the campus. Tina Vo IT Director Fourth Year Commerce/Adv. Maths– Hon. If you were given all necessary funding to change something on the university campus, what would it be and why? I would link all the buildings together so you wouldn’t need to venture outside at all on bad weather days.
Chelsea Leung Marketing Director Second Year Commerce Co-op
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Presidentâ€™s Welcome Vianna Pan
Dear Ladies, As we hit the mid-way point for the year, it seems an apt time to reflect on everything we have achieved thus far. If you are in your first year, congratulations on making it through your first semester - I'm sure it is the beginning of many successful ones to come. For our final year members, your journey through university is almost coming to an end and it is time to celebrate the fruits of those efforts. Looking back on the triumphs of Capital W this semester, I also cannot help but be awed at what the team has achieved. Beyond the multitude of successful event collaborations with our sponsors, we have also marked exciting new milestones through the launch of the inaugural Microsoft Innovation Challenge and the crossuniversity collaboration in the International Women's Day Breakfast! Looking ahead, I urge you all to capitalise on the momentum gained. Look to the achievements of yourselves and your peers. Look to what you read about in the news, and the opportunities you heard about at the networking events or workshops you attended. What got you excited? What sparked your interest? What inspired you? Take that excitement and now ask yourselves what impact do you want to make on others, whilst at university and beyond? Too often we fall into the trap being complacent or pigeonholing ourselves into believing there is only one correct path to follow. This edition of the ReCap holds accounts from our sponsors about what inspired them to pursue their careers, and the recurring theme appears to emphasize that there is no one right path; everyone has their own unique story to write and tell. It was being open-minded and having the courage to take risks and embrace the opportunities around them that lead them to the success they find today. As we move into the second half of the year, I encourage you all to heed that bit of advice. Be proactive and explore the areas of your interest, set goals of what you want to achieve and follow through with them. Take advantage of all the opportunities Capital W provides to build your knowledge and network, and thus, that pool of inspiration. Always ask what more you can be doing, and have the courage to put your best foot forward: "Be Inspired, Be Inspiring".
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Market ReCap Kinza Memon Publications Director
Kinza Memon Publications Director Second Year Commerce
6.8% expansion in the previous period. While this is the weakest growth since the first quarter of 2009, retail sales, new Yuan loans, fixed-asset investment and industrial output nonetheless all increased above expectations, suggesting a much-needed acceleration in the economy. North America
Australia For the first time in over a year, the RBA cut the interest rates in May by -0.25 percentage points, pushing down the cash rate to 1.75%. This was in response to the shocking first quarter CPI results, in which Australia experienced deflationary pressures for the first time in seven years. The headline CPI contracted by 0.2%, pushing underlying inflation down to 1.5%, well below the 2-3% RBA target band. Even with a strong national GDP growth of 1.1% in the March quarter of 2016, fuelled by growth in exports and household spending, the RBA’s decision in May was to return inflation to within the targets range. At the same time house prices have seen a continuous hike, and unemployment decreased to 5.7%, its lowest level in two and a half years. The conflict between the strong economic growth and low inflation has resulted in forecasters to believe another interest rate cut is on its way in August; after inflation results for the first half of the year is released in late July. China The Chinese Yuan has come under recent pressure, facing significant depreciation following low levels of growth early on in the year. Increased controls upon capital investment have contributed to this decline in growth. This low growth has led to hedge funds betting against the Yuan; resulting in the government running down its foreign reserves, forcing depreciation. In the first quarter of 2016, the Chinese economy advanced an annual 6.7%, compared to a
The US has seen an expansion in its GDP growth rate by an annualized 0.8% on quarter in the first three months of 2016. Increases in consumption continue to boost growth and spending on housing increased greater than expectations. Contrastingly however, business investment reduced significantly, bringing first quarter growth to the lowest in a year. Despite this, unemployment levels have improved, declining to 4.7% in May 2016, compared to the 5% in the previous month. US oil prices have made significant gains in the last month as supply outages boosted prices. All of these economic data points suggested that the US Fed Reserve had scope to hike the interest rates at this June’s meeting. However, with disappointing job data released in May, with employers adding only 38,000 jobs, any expectations for a June interest rate hike has been abandoned. India Oil prices have seen a hike amidst surging demand from Asia’s emerging economies, predominantly that of India. Recent growth in India has surpassed China, with an annual growth rate of 7.6% per annum recorded in March, and a projected growth of up to 7.75% per annum in the current fiscal year. India is fuelling rapid economic expansion, with consumption hitting a record 4.35 million barrels of refined fuels a day during the first quarter of 2016, according to the International Energy Agency. The performance of global markets in the second half of 2016 will be watched closely by economists all around the world – with events such as the Brexit and the potential of a US Fed hike in July surely to have a large-scale impact on markets globally.
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Half the Sky Henrietta Chui First year, Commerce Co-op
BEING of Chinese heritage, I have grown up with a plethora of ancient proverbs being invoked by my mum and inserted into casual dinnertime conversation. While some of these idioms are meaningful, funny or just strange, one idiom has always resonated in my mind; ‘Women hold up half the sky’.
Perhaps we should pay closer attention to the First Lady’s profound words, to
‘Choose people who lift you up.” Do we consciously aspire to motivate, equip and lift up the women around us? Do we lift up our part of the sky?
Women are more present than ever
Inspiration is cyclical
Companies today are going to greater lengths to prioritise women’s empowerment. Australia’s Workplace Gender Equality Agency reported in February of 2016 that women comprise of 46% of all employees in Australia. Not only this, but women accounted for 43% of new appointments to ASX 200 boards in January of 2016. In terms of sheer numbers, the presence of women in the Australian workforce has increased dramatically. We do indeed hold up half the sky. The advancement of women in the workplace is increasingly being viewed not as a ‘niche’ issue but as an integral part of corporate priorities and sustainability.
As a retired high-school teacher, my mum is witty, strong and my greatest inspiration. Since I was young, she has always instilled within me the importance of education as a tool for self-empowerment. She constantly reinforces the importance of education as an enabler; it enables us to empower and inspire others.
Women hold up other women Research by the Australian Department of Social Services into the women leaders in managerial roles found that existing leadership structures and ingrained conformist behaviours still influence the way women interact in business today. While these pervasive structures still remain, we can often underestimate the power we have as women to support and hold up other women. Michelle Obama has spoken widely of the extraordinary impact women can have in teaching and inspiring others.
Too often do we forget that inspiration is all around us: the presence of other driven and motivated women at university and in the workplace can be integral in the development of future female leaders of business. Capital W’s upcoming Annual Dinner is fittingly themed as ‘Be Inspired, Be Inspiring’. For me, this theme encapsulates the reason why a women’s society, dedicated to developing, motivating and educating other women is incredibly important for female university students. Inspiration is not something we simply take from others; it is something we can offer. ‘Women hold up half the sky’. This ancient proverb is a call to action. It provokes and creates discussion, asking us to consider the role of women today as industry leaders. It compels us inspire other women in our lives; who hold up the sky alongside us.
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FitMe wins first place in UNSW Innovations Challenge with online sizing technology By UNSW Innovations, Capital W, and Women In Engineering
If you were given the opportunity to innovate the online shopping experience, how would you do it? Fifteen female UNSW students were given the opportunity to innovate the online fashion industry in an exciting collaboration between UNSW Innovations, Capital W and Women in Engineering. The case was presented by Australiaâ€™s leading fashion retailer THE ICONIC and students were asked to address the challenges revolving around fitting and the transition from the bricks and mortar stores to the online market. Students in teams of three were paired with an experienced mentor from Microsoft, THE ICONIC, Canva, Academy Xi and Kingdom Hack to guide them in brainstorming and developing their ideas.
The event was held at Microsoft Flagship Store and all teams had the opportunity to validate their ideas directly with customers as they conducted their own market research along Pitt St Mall. They then pitched their solution to an experienced panel of judges including, Zoe Ghani, product director of THE ICONIC; Joshua Flannery, manager of student entrepreneur development at UNSW Innovations; and Esther Mosad, technical evangelist at Microsoft. These young aspiring students highlight the ambition and hard work of female entrepreneurs.
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Unfortunately, statistics show that only one in 13 women are looking at starting a business in the next five years, compared to one in five men, highlighting the clear gender gap that needs to be addressed.
I really hope this will be something that can happen annually. I have already raved to all my friends about what a great event it was, and they’re all hoping it will be on again next year.”
With platforms like this, young emerging female entrepreneurs are encouraged to leap into the world of startups and to see first-hand they have what it takes to succeed.
The three winning girls were awarded a full scholarship from Academy Xi, mentorship from THE ICONIC, and the latest Microsoft Surface Pro 3. No student was left empty handed with all participants being awarded $100 credit vouchers towards Academy Xi’s workshops, as well as continual support from UNSW Innovations, which includes a 14 stage program based on lean start-up methodology plus connections to mentors, neuroscience consultants and professional software developers.
This is then linked to their online retailer logins through an API. This FitMe profile uses the webcam – with existing body scanning technology found in gaming consoles – to create a full body scan of the customer. First iterations of FitMe will focus on recommending sizes for particular brands, and the vision is for the FitMe to eventually evolve to allow customers easy 3D visualisations of what clothing items look like on their body. Han said, “It was honestly one of the best events I have had the privilege of attending. It was so incredibly well organised, and I personally learned a lot from the experience.
On top of this, THE ICONIC’s product team will evaluate the ideas of students within the next two weeks as well as FashHack Australia picking three participants for the chance at a scholarship, with tickets to their Brisbane event in July.
The winning team, FitMe, led by Tanya Han, Anita Wu and Jacqueline Chung
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Exclusive Interview with Georgina Hayes Georgina Hayes Global Transactions Services Bachelor of Commerce/Arts, UNSW
What is your background? I am a graduate in Global Transactions Services (GTS) at Bank of America Merrill Lynch (BOFAML). I studied Commerce/Arts at UNSW. While studying, I worked at BOFAML during my holidays in a rotation cadetship program that gave me insight into different departments. I didn’t actually complete an internship as I was on an International Exchange program in the Netherlands during my penultimate year; however I was lucky enough to gain a full- time graduate role in my preferred department. Are there any tips you can provide to students who are currently seeking an internship or graduate position and finding it difficult and/or stressful? Do your research! Students traditionally apply for the most well known internships such as Investment Banking, however there are so many opportunities in other divisions that may suit you better. My top tip would be to research all the departments that have open internship positions before you apply. It also helps to talk to people at recruitment fairs to learn about the various departments. Before I started working at BOFAML I had never even heard of GTS – there is no way I would have applied for a position in this department, as I knew nothing about it. How important do you think it is for young women to endeavour to become future business leaders? It is extremely important for young women to have leadership aspirations. Although there has been lots of emphasis on diversity and inclusion in recent years, inequality is still prevalent in the business world.
We need to foster women’s development in the workforce to produce competent and successful leaders who can help drive this change.
Who has been your greatest inspiration and why? My greatest inspiration since starting at BOFAML has actually been my manager, Kees Kwakernaak. As cheesy as that sounds, it has been so inspirational working under a manager who supports his team 100%. For me, work / life balance is crucial to my happiness and success. Working under Kees means that I have had his support to volunteer on various initiatives around the workplace, including mentoring disadvantaged kids and being a member of the Environmental and LGBT committees. As well as sponsoring me to get involved in various programs, Kees has taken the time to bring me along to meetings, delegate interesting work and give constructive feedback on my development. Working under him has made the workplace such a positive and inspirational place. What are you passionate about outside your work? I am someone who thrives on balance and as a result I have many passions outside my work. A large passion of mine is health and fitness. It definitely took an adjustment period when I started at BOFAML, but now I am in the routine of waking up early and exercising before work, as well as playing hockey on the weekends. I am also extremely passionate about travelling. Last year I was lucky enough to visit five continents, and for me there is nothing more fulfilling than learning about other cultures and people. Do you think women feel intimidated in business? I think women definitely feel intimidated in business. It’s always tough for young women to come into a workforce that is predominantly male. There are many great initiatives out there now promoting women in business, yet statistically, there are still far fewer women in front office positions than men. This can make women feel intimidated and less likely to apply for positions.
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Exclusive Interview with Vivi Basilakis Vivi Basilakis Director, Acquisition & Syndicated Finance, Bachelor of Commerce, Masters of Technology Management, UNSW
What is your background? Originally from Indonesia, I studied Computer Engineering at UNSW but decided to switch to Commerce (Finance/IT) in my second year, followed by a Masters in Technology Management. I worked as an IT business analyst after graduating and then moved into wealth management, followed by corporate banking and then acquisition finance in 2007. I joined Citi in 2011 covering leveraged and acquisition finance, loan syndication and debt advisory in Australia and New Zealand. Who has been your greatest inspiration and why? I’ve drawn inspiration from various sources – accomplished people who have followed their passion and made a positive difference as well as people who have overcome the odds and shown resilience. I also have wonderful friends and family who have inspired me to be optimistic, to be a better person and have encouraged me to achieve my goals. For young women who are nervous about entering the workforce, what advice would you provide for them? It is natural to feel nervous when starting a new job. There is plenty of support in the industry, especially with other women already in the workforce. There are also both formal and informal mentoring and buddy programs. Do not be afraid to ask for help, focus on your strengths and have the confidence to see through the challenges.
Are there any tips you can provide to students who are currently seeking an internship or graduate position and finding it difficult and/or stressful? Preparation is key, allowing you to demonstrate an understanding of the industry, company and the role. Read relevant news about the sector and transactions, talk to someone who works in the industry, understand how the role you’re applying for works and brush up on technical knowledge. Practice mock interviews with friends who have had an internship or graduate interview experience and try to get a grasp on how financial concepts would apply to real life situations. Did you always aspire to be in the role you are in now? If not, how did you end up in your current role? I didn’t really have a clear idea of what I wanted to do, hence the switches I made during university and in the early part of my career. Over time I had a better appreciation of my strengths and area of interests. Subsequently, I sought a financing role where I could work with corporate and financial sponsors. A career is a long game - it is ok to change directions, explore new opportunities and capitalise on experience and skills gained in past roles. How do you motivate yourself to take action? Banking is a fast paced industry so I need to take measured, yet quick and decisive actions. It is always helpful to focus on the desired outcome and take quantifiable steps to achieve the goal. At work, often it starts with analysing a situation, exploring options and ensuring the action satisfies relevant stakeholders. It is even more important to act quickly and take control of the situation when faced with difficult issues. Outside work, similarly, I start with a meaningful goal, think through the steps and keep a positive attitude.
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Exclusive Interview with Aniqa Sadeque Aniqa Sadeque Senior Consultant, Performance Improvements Bachelor of Commerce/Liberal Studies, UNSW What is your background? I studied a Bachelor of Commerce and Liberal Studies at UNSW, majoring in Accounting and Taxation and graduated in 2013. Whilst I was at university, I was simultaneously completing a cadetship in EY's Audit practice, and naturally transitioned continued on with my full-time role once I had graduated. Recently, I moved from the role in Audit, to where I am now as a Senior Consultant in Performance Improvements. Are there any tips you can provide to students who are currently seeking an internship or graduate position and finding it difficult and/or stressful? I would recommend for you to find a way to de-stress. When you are anxious and over-thinking your words and actions, it shows through clearly in the interview process. Firms are looking for someone who is relaxed and willing to learn. You are already competing with the best of the best. When you have over-prepared and go in with rehearsed answers, you are letting yourself down because it doesn't show who you are. Just find your own way to relax and show what value you can add. Did you always aspire to be in the role you are now? If not, how did you end up in your current role? I had been in the audit practice and after having spent a number of years doing the same thing, I was looking for a change. I had considered a move to a different division and even considered moving out of EY. However, I had built a strong network in EY and knew that the consulting practice was growing. It was a natural fit considering that I was looking for growth as well. The move offered me a great mix of helping grow the business as well as learning to be a consultant. I have now been in the role about 8 months, and while the technical knowledge is very similar, the work culture is very different! In audit,
you are a 'necessary evil' so to speak, in the eyes of the client, but as a consultant, you are being asked for your advice. This is such a wonderful part of EY, where if you ask for that opportunity for growth or a change, they offer you this support. I have really been enjoying my experience in the consulting practice thus far.
What have you learned about leadership and mentoring others? Whilst in EY, I participated in the Global Scope Program, which involved mentoring university students. As a Senior Manager from our practice, I managed the projects the students were doing, and as mentors, we helped keep them on track at a more granular level. Through this experience, as well as others throughout my career, I have learned that there is always something to learn from everyone, regardless of whether they are your leader/mentor or whether you are acting as the leader figure. Open yourself up to always be willing to learn from them and you will be better off for it. I have also learnt the importance of patience as a leader. For instance, you might have to teach something to your whole team, and everyone learns differently. Even when the situation becomes difficult, you need to be able to remain patient and be able to adapt. If you get frustrated, your team will become discouraged. Being patient with people, adapting to the situation and learning from other people will make the process easier for all involved, and help you become a more effective leader.
What has been your greatest inspiration and why? A single person does not necessarily inspire me. I surround myself with peers, each of whom I take inspiration from little facets in the way they do things. Generally speaking, I'm greatly inspired by risk takers, people who have, for example, had the courage to leave their careers with business, or people who have shown incredible strength in a difficult situation. Those are the people who give me strength and act as my inspiration.
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Exclusive Interview with Olivia Wise Olivia Wise Analyst, Investing Banking Division Bachelor of Commerce and Economics, University of Queensland
What is your background? I studied a Bachelor of Commerce and Economics at the University of Queensland. I completed a summer internship at Morgan Stanley in the summer of 201415, splitting my time in the Melbourne and Sydney office. Upon graduating in June 2015, I joined the Melbourne office to work for a few months before moving permanently to the Sydney office earlier this year.
you yourself may doubt. I believe she has powerful messages to live by.
How do you motivate yourself to take action? I find motivation from many sources, mostly from my colleagues and the fact there is so much about my job that I am yet to master. Everything is a learning opportunity and jumping in is the best way to motivate yourself.
Did you always aspire to be in the role you are now? If not, how did you end up in your current role? I always had an understanding of banking and was broadly interested in it, knowing it was well suited to my skillset. I only aspired to go into the industry when I went on exchange to America in my pre-penultimate year. Over there, I was surrounded by people who aspired to go into the industry and I completed course work which closely aligned with what I would be doing in banking. I was made aware of the opportunities in the industry and found out how exciting and fast paced it could be.
Are there any tips you can provide to students who are currently seeking an internship or graduate position and finding it difficult and/or stressful? Go to as many events you can- particularly the Capital W ones! You can get a good insight into the industry and understand what people do on a dayto-day basis. Don’t let self-doubt hold you back. If you’re thinking of applying, just go for it. You can learn a lot about yourself during this process. Practice with friends so you feel natural during interviews. Prepare as much as you can and strive to understand the concepts and not just rote learn. Know your resume back to front and be prepared to talk about it. Be yourself and be confident. Try coming into the interview portraying who you are without being too nervous. Interviews are a two way street- you have to enjoy working at the firm as much as the firm wants to hire you.
What are you passionate about outside your work? Outside of work, I enjoy spending time with family and friends. I’m also a big advocate of exercising and being active.
For young women who are nervous about entering the workforce, what advice would you provide for them? Believe in yourself. Go in on day one ready to grasp whatever opportunities come your way.
Who has been your greatest inspiration and why? Sheryl Sandberg. She is a great role model for any female in the workplace. She encourages females to put themselves forward and take opportunities that
For those who are transitioning from university to full time work, one of the biggest difficulties is going from self-directed learning to having deadlines and responsibilities. You learn a lot about working in a team, time management and setting and meeting expectations.
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Exclusive Interview with Brooke Johnston We recently renovated our house and so I have also developed a bit of a passion for interior design!
Brooke Johnston Director, Leveraged Bachelor of Arts/Law University of Wollongong What is your background? I have a Bachelor of Arts/ Law background. I started my career at ANZ in 2007 as a graduate and worked within the leveraged and acquisition finance area before moving across to UBS in 2013. I am currently a Director in the Leveraged Finance Team, which is part of the Investment Bank at UBS. Are there any tips you can provide to students who are currently seeking an internship or graduate position and finding it difficult and/or stressful? Do as much research as you can on the positions you want to apply for. Focus on a few firms that you are really interested in, rather than getting stressed at having numerous applications and interviews that you have to get through. You can really tell that someone has spent time thinking about their application and the questions you will get asked are usually very tailored. My second piece of advice is don’t let rejection letters deflate you. Who has been your greatest inspiration and why? This has changed over time for me. When I was working at ANZ, I was inspired by the seniors that were in the division that I wanted to work in, as I thought they must get to work on very interesting projects. Since becoming a mother, I’m now inspired by the other working mums at UBS. I am lucky to work with other women who have children and successful careers, which inspires and motivates me, especially during tough weeks. What are you passionate about outside your work? My family is my passion outside of work. My husband and I have an 18-month daughter.
Did you always aspire to be in the role you are now? If not, how did you end up in your current role? In high school and in my early years at university, I thought I wanted to work in criminal law and be a prosecutor. Whilst I was at university, I was more interested in the commercial aspects of law. I was drawn to a graduate position in banking because I heard from a friend that it is a really good way to start your career, as it provides a really broad skill base. I thought if I don’t like it, I would go down the law path. It turned out that I loved it! After a few years at ANZ, I worked out the leveraged and acquisition finance area was where I wanted to be so I moved in to that team. Eventually I moved to UBS because they have such a leading position in M&A so I knew I would get to work on the most interesting financing transactions.
For young women who are nervous about entering the workforce, what advice would you provide for them? I think the best advice is try to be yourself. Don’t think that because you’re going into a business environment that has been traditionally dominated by men that you have to act like one of the guys. You just need to be yourself, people will generally respect that and you’ll be a valued member of the team. Be open to the opportunities to work on different things, because as a graduate or intern you’ll get such a great chance to do rotations or work on a lot of different projects that you might not get again. You really need to embrace that, gain a range of skills and meet a lot of people. It gives you such a good understanding of the lines of work, which will help you work out what you really want to do.
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Exclusive Interview with Nadine Abwi Nadine Abwi Associate, Financial Markets Bachelor of Business University of Technology Sydney What is your background? I studied a Bachelor of Business at UTS and majored in Finance and Economics. I am now working as a Foreign Exchange Dealer at Westpac Institutional Bank following my graduate program in 2015. Are there any tips you can provide to students who are currently seeking an internship or graduate position and finding it difficult and/or stressful? When hiring, employers look for candidates who are all-rounded. Being all-rounded means youâ€™ve achieved work-life balance during your years of study, youâ€™ve participated in extra-curricular activities such as volunteer work and youâ€™ve got a hobby outside of work. All these factors give off a great impression to employers. Before applying for a role, I recommend attending a resume workshop so that your resume looks presentable; employers tend to judge applications heavily based on resume content and format. In the interview, the only way to reduce stress levels is to make sure you are well prepared for any question. You can do this by running through practice interview questions with family or friends and having solid examples prepared for behavioural questions. In an interview it is also important to connect on a personal level with the interviewer and allow them to see your personality.
Who has been your greatest inspiration and why? My mentor has definitely been my greatest inspiration because he has given me vision, direction, support and encouragement.
During my graduate program I had pigeon-holed myself into believing there was only one area I was interested in, however my mentor encouraged me to be more open minded and suggested I consider areas I had not previously thought of. I have now ended up in the team I initially did not consider but which I now love. He has also helped me discover any weak points and has set out practical action plans to turn these into strengths.
What personal qualities have allowed you to inspire others in your field of work? My willingness to learn new skill sets and take on additional tasks/projects has helped me add more value to my team and make a difference. Another quality would be my positive attitude and calm personality, as these allow me to handle stressful situations quite well. Did you always aspire to be in the role you are now? If not, how did you end up in your current role? I never considered working in foreign exchange sales until my graduate program began. I was attracted to the fast paced environment of foreign exchange and my mentor guided and directed me towards pursuing a role in this area. The program exposed me to several different teams and product areas but with time I discovered which area fit my personality best. For young women who are nervous about entering the workforce, what advice would you provide for them? Times are changing. More and more we are seeing women entering managerial positions and the financial industry in general. The fear of entering a once male dominated workforce or a fear of not achieving worklife balance lifestyle should not stop women from entering the finance industry. A career in finance is challenging, enjoyable and has become more flexible, accommodative and supportive of women in banking.
The ReCap 2016 Issue 2 | Page 18
The ReCap 2016 Issue 2 | Page 19