Career Management Skills AssignmentEssay Preview: Career Management Skills AssignmentReport this essayPart 1;I have chosen to compare and contrast the three roles of Corporate Finance, Human Resources and Sales &Trading. All three roles can be found within the sub sector of banking and building societies, however all financial sub sectors require human resources departments. In addition to the banking sub sector Corporate Finance roles also appear in accounting sub sector, and Sales & Trading in the Investment Management & Pensions sub sector.
By working in Human Resources you will deal with the vast majority of the workforce, it is your job to look into how to motivate and ensure staff happiness as well as performance. In order to do this you would meet and discuss with managers, and construct new programmes in order to further enhance the skills of the companies workforce.
In contrast traders work with clients or they trade with their organizations money in order to create greater revenue for their company. If working on the trading floor it is likely that a trader shall specialise in a certain field; such as foreign currency, futures & options, fixed interest bonds, or securities. If working with clients they would either have the role of directly buying and selling for the client as a market trader, or as a sales trader they would deal directly with the client, and advise them of market progress and of new interventions as well as placing orders for the clients. Investment banks such as Goldman Sachs, Morgan Stanley and JP Morgan have these roles.
As a Corporate Finance Analyst there are various tasks to complete whilst likely working in a division of an accountancy firm such as PricewaterhouseCoopers or KPMG, or a division of an investment bank such as HSBC or Lloyds. These tasks can vary from raising capital to possibly address debt or expand in size, or structuring deals and valuing businesses. This therefore involves working with various clients and companies. The primary goal of corporate finance is to maximize corporate value while managing the firms financial risks. Along with Trading, both roles can see the working environment change quickly, as meeting new clients may take place in a variety of places, and other work may take place within the office itself.
The three job roles require a high level of education, with all wanting an upper second-class degree, though Human Resources can be slightly more lenient with this. Trading requires a broad range of information regarding markets, regulations and eventually through training greater details with regards to a specific product. Corporate finance roles would appreciate this knowledge, but are more interested in the understanding of business strategies and structuring along with risk analysis, with a good development of all in a short time frame. Human Resources however looks more onto legal and regulatory aspects, though it is essential for an interest in behaviour and understanding of how to make the most of a workforce by ensuring the happiness and integration of individuals. Each role also has various professional qualifications, which may be required dependent on the exact task at hand.
Both Corporate Finance and trading have three significant levels of progression, which the initial stage shall help to enhance the understanding and experience of an individual. Earnings increase and bonuses are dependant on performance, and these bonuses can show an individuals success throughout that year. Human resources however have various levels of employment, going from assistant to director, each with different levels of experience required. Tasks go from maintaining records in the lower roles, to eventually creating strategy, and influencing business proposals at higher levels. Bonuses are not awarded on the same level as the other two roles, and therefore success can be measured by level and speed of progression to higher roles. HR
A high level Manager/General Manager is a higher-level, Senior Manager. The Director will be hired with leadership experience and ability to provide an efficient, effective and creative management experience. An excellent example of this type of “boss” might be a successful Manager or General Manager of a large consulting firm. The Manager/General Manager can be more experienced, but this will only be relevant for the lower-level managers where they will need to be more experienced and can perform better on a longer term basis and/or lead their firm to success. You should consider the various stages in your employment, along with which employees should be on a high level of progress over time. The higher level can represent an advantage to the lower level and should be prioritized over the more critical positions, especially in your company’s long term financial business, when it comes to ensuring good pay and good service, or on and off the job. Salary and benefits may also be a great choice for an employee when negotiating a lower end offer.
Job Summary, Job Information, Earnings, Jobs You can use a simple Job Summary as a basic guide for determining who is good enough to be hired or not to be hired, based on the following:
The total length of your career.
The breadth and depth of what you do as a Manager, General Manager, Salesperson, or Director.
Whether you are a corporate employee, a business representative, or a private individual.
The length you will be held hostage with during the first year or two.
Whether your position will be the one that gets you a promotion, and whether you will be treated for a job or not.
This list allows you to see the different stages of your career: Successful; Losing it; Delaying It; Reforming It; Retaining it.
When in doubt, let them know it’s time to speak up.
Learn More
Hire Experts from different agencies and agencies
For more detailed information and a complete list of HR agencies that provide the highest level of qualified candidates, click your browser’s support buttons below on our website or subscribe to our email list.