Career Path of a Capital Risk Management Executive at a Major North American Bank
Ryan began with a general business major in college, followed by an internship with a snack food company's new business analytics division where the individual "learned how to take data, analyze it to attack a problem and to communicate results to senior leadership." This initial exposure allowed for the building of data analysis and communication skills, which were then leveraged through project finance and financial reporting roles in consulting before transitioning to a 10-year stint at a "global systemically important bank" in treasury and risk management, and ultimately led to their current role leading a team responsible for managing capital risk at another major North American bank.
Capital Risk Management, Data Analysis, Financial Reporting, Leadership Communication, Banking
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Ryan Almquist
Capital Risk Management Executive
Major North American Bank
Wake Forest University
N/A
Business Management & Admin
Finance (Banking, Fintech, Investing)
Strategic Management and Executive
Video Highlights
1. Internship experience at a snack food company provided valuable skills in data analysis, problem-solving, and communication with senior leadership.
2. Experience at a small consulting company offered exposure to senior leadership and insights into company strategy through financial reporting and analysis.
3. Transitioning from consulting to a major bank allowed for leveraging reporting and analysis skills in a new industry, leading to a long-term career in treasury and risk management.
Transcript
Could you walk me through your career path, starting with your experiences in college? Please include any internships or jobs you had before your current role.
I started my college career as a general business major. I took courses across finance, economics, and marketing, not having one specific area of interest but wanting broad coursework.
After my junior year, I interned for a snack food company in Charlotte, joining their new business analytics division. It was a small team, just my manager and me.
While not the industry I'm in now, it provided valuable experience. I learned how to take data, analyze it to solve problems, and communicate results to senior leadership. This experience helped me understand working in a professional environment and build skills in data analysis and leadership communication.
After college, I began at a small consulting company. I worked in project finance and company financial reporting, which offered good exposure to senior leadership. I learned about company strategy and what was important to leadership, interacting through presentations of quarterly and monthly financials.
From there, I moved into banking, joining a global systemically important bank in Charlotte. I spent 10 years there in roles across treasury and risk management. This was a different experience than consulting, but I was able to leverage my reporting and analysis skills in a new company and industry.
I enjoyed that work and stayed for 10 years before transitioning to a different, smaller but still major North American bank earlier this year. I now lead a team responsible for managing the company's capital risk.
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