Re-launching into capital markets after an eight year break
Apr 12th, 2018
With over a decade of experience on the trading floor in London, Catherine wasn’t sure where to start her career re-launch after an eight year hiatus and in a new country.
I am originally from Ottawa and was ready to move back to Canada after spending 10 years on the trading floor in London, UK. My employer at the time (UBS AG) offered to transfer me to sell the products that I was structuring and trading at the time. Just before I moved I found out I was pregnant. As there was no one to cover my maternity leave, I decided to leave UBS and resume discussions about coming back to work at a later point in time.
“I had been planning to dive straight back into it, but instead wound up taking an eight-year break from banking to raise my two sons and start a nutrition business”
How did you know it was time to go back to banking?
I went back to school to study Holistic Nutrition in 2009 and started my own consulting business in this field.
After 8 years of being out of banking my friend, who was the CEO of Women in Capital Markets at the time, told me about the Return to Bay Street program. Getting back into finance really appealed to me but it’s pretty hard to figure out how to do it, especially when your contacts are all in London. My kids were older and I was ready for a new challenge so I applied and was accepted. The program offered a lot of support for re-launching my career – a $5,000 grant for retraining, WCM membership, a mentorship program and an incredible amount of support from Senior Executives to see you succeed. I was also offered a four month paid internship with BMO Capital Markets.
The program, combined with an Executive Coach and the incredible senior level management support at BMO were the key to my successful re-launch.
I have no regrets about my time away from banking, but I am happy to be back.
Catherine Staveley is now Managing Director, Global Structured Products at BMO.
You can connect with Catherine on LinkedIn.