Quote:
Originally Posted by handclips
Thanks! What you said really makes sense but unfortunately i do not have the skillset or connections to make it out of ops.
My intention was to gain some accounting experience from product control and perhaps move into an accounting role outside banking. Is this a feasible option?
Also, are roles like settlements or documentation equally risky in terms of offshoring as well? I have seen banks offshore their BO roles from time to time
|
If you already CPA certified then you can always seek an entry level accounting job outside the banking industry, no need to go through PC route in banking. If you do not have CPA or other relevant accounting cert, then it does not matter whether you have PC exp or not as other companies will not hire you as an accountant.
All BO / ops jobs are always susceptible to moderate to high risk of offshoring no matter which bank or function you support. It's a russian roulette to see if you are at the wrong place wrong time. FOs retrenchment is risky during downturn, but most have high salaries and bonuses in good years to buffer.
COE is as safe as you can get in banking, but as the name implies you need to have deep specialism in niche areas.