Entry-Level Positions For Aspiring Associate Strategists At Scotiabank
Scotiabank's Associate Strategy, Veikko, suggests undergraduate students seeking entry-level banking positions consider "what type of work life balance do you want?" and "how do you see yourself in five years?" to guide their choices, highlighting diverse roles like sales, where "you don't need an MBA," and emerging opportunities in product management and tech within a transforming industry.
Banking, Sales, Work Life Balance, Career Exploration, Job Search
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. Explore 2-3 different roles within banking to understand how the industry works.
2. Consider sales roles as an entry point; they offer good earning potential and don't necessarily require a master's degree.
3. Banking offers diverse opportunities beyond sales, including roles in product management and technology, aligning with the industry's digital transformation.
Transcript
What entry-level positions might an undergraduate college student consider?
In banking, there are many positions. The industry offers a wide range of possibilities, especially for undergraduate students seeking full-time employment.
The key questions are about the work-life balance you desire and how you see yourself in five years. It's also important to consider if you want to pursue a master's degree, as these decisions will guide your path within an organization.
There are roles like sales in a bank, or in any industry, where you transact with currencies. For these, you don't necessarily need to specialize from the start. Specialization often comes with more experience in your function.
Therefore, you don't necessarily need an MBA or a master's in a specific field to build a career in these jobs. If your goal is to grow within an organization, it will come with monetary rewards, much like successful salespeople who earn significant amounts.
My suggestion is to explore at least two to three different roles. This will give you a better understanding of how banking works.
Regarding specific roles, it depends on your field of study, but banking offers many opportunities. It's an industry that provides numerous possibilities, and increasingly so.
Banks have been transforming to become more agile and digital. This means they also offer roles in product management or tech-related fields. Essentially, you can pursue various career paths within the banking ecosystem.