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Career Change Advice

I worked primarily as a mortgage underwriter for the past 10 years. Since I received my MBA a few years ago, I wanted to get out of the mortgage industry and transition into other areas of finance with no success. I have over 6 years of experience in accounting and am now working on a doctorate in financial management with the hope of obtaining a more exciting and challenging position that combines elements of accounting, finance, and risk management. Does anyone have any advise on how I can emphasis my transferrable skills and academic credentials?

Answers

EMERSON GALFO
Title: CFO
Company: C-Suite Services
LinkedIn Profile
(CFO, C-Suite Services) |

The dreaded "industry experience". Transferable skills only resonate with people who acknowledge or recognize them. In other words, it depends on the beholder. It is still WHO YOU KNOW and who are willing to recognize your skills and not the industry you are serving. There will be people who will insist on industry experience and will not entertain one without.

I will posit that....it is NOT so much as how you can sell it but who is buying!

Start with those close to your field of influence. Your company (other positions within your company that can use your added skills)...your friends (companies they know), your contacts (companies others own), your clients (companies they own) or any combination of it.

It is easier to sell something (you and your transferable skills) to people that already know you or someone recommended you to them.

I should add a signature........ Hire the person NOT the position!

Anonymous
(Credit Risk Analyst) |

Thank you for your feedback.

Topic Expert
Patrick Dunne
Title: Chief Financial Officer
Company: Milk Source
(Chief Financial Officer, Milk Source) |

I would do a couple of things to put your best foot forward. Frist, I would emphasize your accomplishments in your resume (put near top and in bullets). As a hiring manager, I focus on what you can do and have accomplished versus your specific background. When you are called on to interview, try to get a vision of what they want you to accomplish in the first six months to a year and then come forward with things you can do and relate to your accomplishments. I can then more easily see the bridge between your past accomplishments and how you can help my organization.

Anonymous
(Credit Risk Analyst) |

Thank you for your input.

Anonymous
(Vice Pres - CFO) |

Hope anything you write wouldn't contain these errors. Those are the first thing that jumps out at me! I just hit the delete key, or toss in the round-file. (understand that this a a casual board - but still)
"Does anyone have any advise (sic) on how I can emphasis (sic) my transferrable skills and academic credentials?"

Chris Shumate
Title: Accounting Manager
Company: Dominion Development Group, LLC
LinkedIn Profile
(Accounting Manager, Dominion Development Group, LLC) |

I understand where you are coming from by mentioning the errors the anonymous poster posted. However, before knocking someone for their errors, try to read what you have written before posting your response.

I'm sure you understand that this IS a (not a a) casual board.

Something to remember also is that English isn't everyone's first language on Proformative. Yes, it can be painful to read something that isn't grammatically correct, but the poster may be from another country without the in-depth knowledge of the English language you possess.

Best Regards,

Chris Shumate

Sara Voight
Title: Controller
Company: Critical Signal Technologies, Inc
(Controller, Critical Signal Technologies, Inc) |

I second Chris' statements. It is important not to paint yourself as the expert (while including your own errors) as it always works against you. The spelling errors you noted are not severe and the rest of the message is clear and understandable.

My message to the poster is that degrees should not be what you are hanging your hat on. I learned from my father that there is a difference between "Street Smarts" and "Book Smarts." He tells people that when he graduated from a very top business school and got his first job at Touche Ross (many many years prior to Deloitte Touche) he had no clue what he was expected to do and his firm had to teach him the ropes from the absolute beginning. That had a direct hit on his ego. Schools today do include some practical work, but there is still a lot you learn on the job. Even if your job stays the same, see how you can pick up additional skills you can add to your experience within your resume. That will be picked up by potential employers and someone will give you a chance to explain in an interview. The networking aspect of this is what will really allow you to take your next step. Work your contacts and expand your horizons. Best of luck.

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