Explore: Being open to opportunities
Assistant Vice President, Treasury
Bank of America
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| Robyn
Treasury |
|
| 00:02 | My name is Robyn. I work in the Global Liquidity management team within Bank of America. |
| 00:11 | So liquidity is essentially cash or assets similar to cash, essentially we need to make sure the bank holds enough cash or cash equivalents to be able to meet any sort of outflows or meet any requirements during a sort of banking crisis or stress period for the bank. |
| 00:30 | At school I think I was always pretty academically minded. Â I tended to, maths was one of the subjects that I enjoyed most throughout most of my school time and then I guess towards the end of school I started to sort of go off it a bit, I got a bit bored at which point I kind of moved more on to other subjects so I, I took music for example and on that sort of same note I ended up going to university to study philosophy which despite being sort of told throughout my school career I really should go to uni to do maths I ended up doing something totally different as a really sort of tiny rebellion I guess. |
| 01:10 | A key turning point for me I’d say is in my second year getting chatting to someone on a train who happened to work in finance and from that and from his description of what he did I was like actually that, that sounds kind of like the sort of thing I’d be interested in doing. At this point I was already starting to think, oh well philosophy is interesting but maybe I miss the maths aspect and it, that conversation sort of convinced me it wasn’t just like pure quantitative crazy formulas, there was actually more to it. |
| 01:42 | The ability to do you know to do not hugely advanced maths but the ability to be comfortable with numbers is, is something that is important in my job but also just communication skills are huge, you’ve got to talk, we talk to so many people, so many different teams on a day to day basis. If I was just doing the same thing day in day out I think I’d find it quite easy to lose motivation. |
| 02:06 | You might be indecisive in which case you know you might not necessarily know as similar to me what you want to do in 5 years time or where you’re going to be in 5 years time so just keeping options open is always a good thing. |
| 02:17 | If you do want to get into this sort of role maintaining a sort of focus on the academic side is probably quite useful.I wouldn’t say it has to be specifically maths which I think a lot of people think it does have to be, I’m sort of testament to the fact that you don’t have to do economics or maths or something at university and you don’t have to have a focus from you know the age of 16 to end up here. |
| 02:39 | END OF TRANSCRIPTION |
Robyn wasn’t sure what she wanted to do. She always enjoyed maths at school but decided to study a philosophy at university. Then a chance conversation with someone on a train led her to explore a career in finance.
More information about Managers and directors in retail and wholesale
Data powered by LMI For All
£33,800
average salary
The UK average salary is £29,813
41
average weekly hoursThere are 37.5 hours in the average working week
61%
male
39%
female
The UK workforce is 47% female and 53% male
Future employment
Future employment
Description
Retail and wholesale managers and directors plan, organise, direct and co-ordinate the operations of major retail and wholesale establishments in order to maximise business performance and meet financial goals.
Qualifications
Entry requirements vary from company to company. Entrants may possess GCSEs/S grades, A levels/H grades, GNVQs/GSVQs, a BTEC/SQA award, a degree or equivalent qualification. Entry is also possible through promotion after gaining sufficient experience. NVQs/SVQs in Retail Operations are available at Level 4.
Tasks
- Appoints staff, assigns tasks and monitors and reviews staff performance
- Liaises with other staff to provide information about merchandise, special promotions etc. to customers
- Ensures that adequate reserves of merchandise are held and that stock keeping is carried out efficiently
- Ensures customer complaints and queries regarding sales and service are appropriately handled
- Oversees the maintenance of financial and other records and controls security arrangements for the premises
- Authorises payment for supplies received and decides on vending price, discount rates and credit terms
- Examines quality of merchandise and ensures that effective use is made of advertising and display facilities
Employment by region
Top 10 industries for this job
Retail trade
177059
Wholesale trade
61040
Sale of motor vehicles
19532
Rental & leasing
4560
Membership organisations
4392
Head offices, etc
4090
Warehousing, etc
4031
Land transport, etc
2936
Food & beverage services
2869
Coke & refining; Chemicals,etc
2293
Employment status
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