Biggest Challenges Faced By An Associate Strategy At Scotiabank
Veikko, an Associate Strategist at Scotiabank with an accounting background, identifies the biggest challenge in their role as "translating financial information" to non-finance colleagues. This difficulty stems from the need to ensure that excellent work is effectively communicated and understood, highlighting the critical importance of clear communication in a strategic role.
Communication, Financial Analysis, Data Translation, Problem-Solving, Interpersonal Skills
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Veikko Petrozzi
Associate Strategy
Scotiabank
Universidad de Lima - 2011 (Peru)
UCLA Anderson School of Management
Accounting
Finance (Banking, Fintech, Investing)
Finance
International Student
Video Highlights
1. Translating complex financial information to non-finance professionals is a major challenge in this role. Effective communication is key to success.
2. A strong accounting background is valuable for this position, highlighting the importance of relevant education and skills.
3. The ability to explain complex financial concepts clearly and concisely is crucial for impact and efficiency in this role.
Transcript
What is your biggest challenge in your job?
That's an interesting question. I would say the biggest challenge is to translate financial information.
I have an accounting background, so I understand perfectly how the numbers work, how to read financial statements, and what some things mean regarding these areas.
Sometimes I have to translate or try to explain some of these things to people who have no background in finance or numbers at all. That's a big challenge because if you do an amazing job, like your product is excellent, but the recipient of the message doesn't understand you, it's worthless.
It's also super inefficient. I would say that's one of the main challenges. That's the first one that comes to my mind, and it's big.