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What Type Of Person Thrives In The Banking Industry, According To A Product Owner At Foreign Bank

To thrive in the financial industry, analytical skills to understand the "underlying need" are crucial, coupled with a collaborative spirit to work effectively with teams. Commitment to the organization's purpose, such as "helping people transform their plans into reality," is also key for success.

Analytical Skills, Collaboration, Commitment, Problem-Solving, Financial Services

Advizer Information

Name

Job Title

Company

Undergrad

Grad Programs

Majors

Industries

Job Functions

Traits

Cynthia Panez Velazco

Product Owner

Foriegn Bank

Pontificia Universidad Catolica del Peru, 2014

UCLA Anderson School of Management, MBA

Engineering - Industrial

Finance (Banking, Fintech, Investing)

Product / Service / Software Development and Management

Immigrant, Worked 20+ Hours in School

Video Highlights

1. Analytical skills to understand root problems and provide effective solutions

2. Collaborative spirit to work effectively with various teams and individuals

3. Commitment to the company's purpose to drive decision-making and success

Transcript

How would you describe people who typically thrive in this industry?

Three characteristics come to mind for very analytical people. As I mentioned, this probably applies to our industries as well: being able to really grasp the underlying need, the underlying problem you're solving, and coming up with ideas that tackle that root cause.

Sometimes people come up with solutions that are superficial. If you're not aware of the real problem, then you're not really solving it. So, being analytical allows you to do that.

Second, I would say being collaborative. As you've heard me say already a few times, your success is not going to depend only on you. You're going to have to rely on other people, other teams, and to work together.

You need to understand what's important for them and what their concerns and goals are. Then, figure out how you can help them so they can help you as well. That's really important in this industry.

Lastly, I would just say being committed. Committed to the purpose of the company or the industry in general. In my case, the organization I work for, BCP, had a very clear purpose of helping people transform their plans into reality. This is by providing them with financial access and loans, great guard, etc., or other types of index solutions.

So, being committed to that purpose really helps you make decisions, prioritize, and ultimately succeed.

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