Managing Your Career in Challenging Times:

In tough times we turn to our friends and networks for support. Over the years Toronto CFA Society has developed a number of ways to enhance the professional lives of its members. Whether you are personally affected by this economic crisis or not, building links, enhancing skills, and helping others will only be of benefit to you now and in the future. The following is a sampling of opportunities to do just that.

Events

Career-specific: “Professional Development Day” (see full article in this issue on page 6) and “Paths to Success” are just two series specifically designed to give members the tools they need to succeed. You meet recruiters, HR professionals, and industry practitioners, as well as get to work on your elevator pitch and other soft skills.

Topical seminars and conferences: Not only do these events present information on timely topics in the industry, but they also offer an opportunity to meet likeminded individuals with varying degrees of experience.

Volunteering

This is a great way to build your professional network while giving back to the profession. The society has many volunteer opportunities that members can engage in.

Mentorship program

Now in its second year, the society pairs senior members with junior members in this structured program. Both mentors and protégés are provided with information and support as they go on this year-long journey. Members benefit from each other’s experiences and learn valuable information about themselves and the industry.

Career Centre on our website – www.torontocfa.ca

Job postings: The society continues to have a strong online posting service where employers go when seeking candidates with the skills that the charter provides.

Recruiters: The online career centre also offers a listing of recruiters specializing in financial services, which is available to members.


Networking tips

Networking is a crucial element of job hunting and everyday life. Here are some tips for building and expanding your network, practicing good networking etiquette and effective communication, and being prepared for unexpected opportunities.

Build and expand your network

  • Find a mentor who has experience in the field you’re pursuing. Get their advice and use them as a sounding board for your thoughts and ideas. Ask to shadow them on the job.
  • Talk with your friends, family, professors, former supervisors or managers. Practice selling yourself first to those who know you.

Follow good networking etiquette

  • Always look for opportunities to give something back. Be prepared to offer something of value to those who are taking time to help you.
  • When gathering information about your field or about specific opportunities, ask for information, not for a job.
  • Keep your promises. When you tell someone you will call, be sure to follow up. If they’re difficult to reach, keep trying. It’s your responsibility to connect.

Practice effective communication

  • Keep your contacts informed about your efforts in the job search through phone calls or brief handwritten notes.
  • Be sure to send a thank-you letter within 24 hours of an interview.
  • Keep your conversations friendly but businesslike. Give a brief summary of your objectives, and then explain how your accomplishments support this objective.

Be prepared for unexpected opportunities

  • When networking, you’ll be introduced to new contacts frequently, often at a moment’s notice. Make sure you’re ready to communicate your job search objective, strengths, etc.
  • Have business cards and copies of your resumé with you at all times. Opportunities will arise anywhere and everywhere.