Switching Careers After 17 Years in Banking: What's Next?

Ans: Dear ,

Sorry to note that You are repenting having worked for PSU Bank for around 10 yrs then for an IT company for 2 yrs. And now want to restart a good Career .. Pl. note no experience is small or useless provided you could use it . Now when you want to start a fresh , every where you have to say what you had been doing in those years . Pl. note there is nothing called Good Career whereas there is nothing called bad one . It all depends how you are going to take advantage and move ahead .

Ans: I understand the public sector banks have lost their comfort zones.. The screws are tightened, banks are merged, it's one job yet three activities even more... Multi tasking!?

Not happy with multi tasking don't think the private sector is a bed of roses.

Well you are experienced and will be certainly needed in NBFC or corporate finance and accounting.
Try your luck.. Remember you could be jumping from frying pan to fire!?

If you do need further professional advice happy to assist
https://m.me/maxim.emmanuel.2024

Ans: I'm sorry to hear about the difficulties you're facing in your current role. It's crucial to prioritize your mental and physical well-being, and considering a career switch can be a step toward a healthier and more fulfilling professional life.

Reflect on your skills, interests, and what aspects of your current job you enjoy or excel at. Consider taking a career assessment test to identify potential career paths aligned with your strengths and interests.

Use your banking experience to become a financial advisor or wealth manager. This role allows you to work closely with clients to manage their finances, investments, and retirement planning. You can transition to a corporate finance role within a company, focusing on financial planning, analysis, and management. You may decide to leverage your banking experience to move into risk management or compliance roles, focusing on ensuring organizations adhere to regulations and manage risks effectively.

If you enjoy mentoring and educating others, consider teaching finance, banking, or business management at educational institutions.

If you have a business idea or passion project, consider starting your own business. This allows for more control over your work environment and schedule.

You can use your extensive experience to become a consultant in banking, finance, or business operations. Consultants often have more flexible work arrangements and can work on diverse projects.

Switching careers can be daunting but also rewarding if it leads to a healthier and more satisfying professional life. However, with your experience, it should be a fairly simple thing for you to do.

Prioritize your health, do thorough research, and make a strategic plan to achieve a successful career transition.