Seeking Product Control Guidance
Hello everyone,
I recently transitioned from Operations to the finance department and am currently part of the financial control team as I learn the ins and outs of this field.
As a mid-career professional in my late 30s, I am starting at a foundational level and aspire to build a long-term career in finance, ideally focusing on a Product Control role. Given my age and the competitive landscape, I recognize that moving into a front-office position might not be feasible. Instead, I see the back and middle office as a solid area where I can establish myself.
I’m aware that offshoring is a significant trend within finance, and I’m considering the possibility of relocating to an offshore destination for a few years to gain valuable experience. Locations like Poland or Hungary come to mind, as I believe they would provide excellent opportunities to support the EMEA region before potentially moving to the UK. For context, I’m originally from Asia.
If anyone has insights or advice on this career path, I would greatly appreciate it!
One response
Hi there,
First of all, welcome to the finance department! Transitioning from Operations to finance can be a big shift, but it sounds like you’re already gaining valuable experience.
Here are a few pieces of advice that might help you as you navigate your new career path in Product Control:
Leverage Your Background: Your experience in Ops can provide you with a unique perspective and skill set that can be advantageous in Product Control. Make sure to highlight how your operational knowledge can contribute to your new role, especially in risk management and understanding processes.
Network: Building relationships within the finance team and across departments is crucial. Attend internal events, seek out mentors, and connect with colleagues in product control. Networking may lead to opportunities for projects or roles that aren’t publicly advertised.
Upskill: Focus on gaining relevant qualifications and skills that are valued in Product Control, such as financial modeling, risk assessment, and familiarity with financial instruments. Consider certifications like CFA or FRM, which can enhance your credibility and knowledge base.
Consider Offshore Experience: Gaining experience in an offshore location can indeed be beneficial. Countries like Poland and Hungary have emerging finance sectors, and working there might provide you with diverse experiences and a chance to network internationally. Just be sure to research the job market there and the specific roles available in Product Control.
Stay Updated on Trends: Keep yourself informed about trends in the finance sector, such as the impact of technology and automation in finance roles. Understanding these trends will help you adapt and prepare for potential changes in the job landscape.
Be Patient and Persistent: Transitioning into any new role takes time, especially in a competitive field like finance. Stay positive and be open to opportunities that could help you grow, even if they don’t follow a traditional path.
Ultimately, your willingness to learn and adapt will serve you well in this new chapter of your career. Wishing you all the best as you pursue a fulfilling path in Product Control!
Best,
[Your Name]