Education Logo
  360 Career  
The 360 degree career
  Site Map
Get the European Perspective
You are in: Home <  Profiles < Lisa
About Education
Business Areas
Profiles
Investment Banking
Investment Banking -  Cazenove
Credit & Rate Markets
Equities
Asset Management
Global Credit  Risk Management
Operations, Finance & Business Management
Technology
Internships & Placements
Advice Centre
Campus schedule
Career Opportunities
Sponsorship, Environment & Community
Deadlines
Rewards & Benefits
Jargon Buster
 
Vocational Education
Stock Market Education
Accounting Education
Criminal Justice Education
Culinary
Hospitality
Teaching IT & Computer Science
Legal & Paralegal
Allied Health Psychology & Human Services
Engineering Trades & Vocational Training
Web Design & Development
Travel
Business Education
Drivers Education
Health Education
Education Grants
Liberal Arts & Communications
Nursing Education
Technology Education
Tourism
Religion Science
Life Long Learning
Master of Business Administration (MBA)
Medical & Nursing
Visual and Performance Arts
Character Education
Early Childhood Education
Online Education
Physical Education
Technology and Education
Diversity in Education
Education Issues
Community Education
Medieval Education
Real Estate Education
Ethics in Education
Investment Education
Landmark Education
Nurse Continuing Education
Montessori Education
Computer Education
Child Safety Education
Multicultural Education
Education Journals
Education Journals 1
Special Education Law
Diabetes Education
American Council On Education
American Education Services
American Education Week
Ancient Greek Education
Chinese Education
Continuing Education
Continuing Medical Education
Education City
Education In China
Education In The Middle Ages
Education Jobs
Education Loans
Gifted Education
Grants For Education
National Education Association
Classical Education
Drug Prevention Education
Early Childhood Special Education
Elementary And Secondary Education
Elementary Physical Education
Family Education
Greek Education
Ministry Of Education
Relationship Between Education And Income
Roman Education
History Of Nursing Education
History Of Public Education
Maine Department Of Education
Japanese Education System
Online Education
Post Secondary Education
Poverty And Education
Purpose Of Education
Special Education
Special Education law
The Education Of Little Tree
Trends In Education
Wood Education
Brief History Of Physical Education
Outdoor Education
Progressive Education
Religious Education
The History Of Education In America
The History Of Higher Education
The Importance Of Education
Bilingual Education
Colonial Education
 
 
Employee Profiles Global Credit Risk Management
 
  Lisa  
  University of Technology, Sydney  
  Business  
  Joined Education 2000  
  Vice President  
 
  I'm a Vice President in Corporate Banking, which is part of Global Credit Risk Management (GCRM) and I focus on the Telecoms, Media and Technology sectors. GCRM manages the firm's credit risk, that is, the risk that a client does not deliver on its obligations. As a Corporate Banker, my role is split two ways. I work on new transactions, which involves working closely with colleagues from any line of business which has a need to take on credit risk ' so it can involve a wide variety of transactions ranging from debt financings and FX or interest rate swaps to equity derivatives and treasury facilities. I tend to spend a lot of my time focusing on debt financings though. As such, I work closely with Debt Capital Markets on the negotiation of financing proposals with the client to ensure that the deal is appropriately structured given the associated level of credit risk. I then manage the execution of the documentation, liaising with the client, external lawyers and syndicate banks. I also have ongoing client portfolio responsibilities, which involves maintaining a current and prospective view on my clients and their respective industries, and watching out for any early warning signs of credit deterioration.  
 

I began my working life straight from school as a cadet in the Audit division of one of the big accounting firms in Australia.  The cadetship combined work experience with doing my university degree.  The experience gave me first hand exposure to a large variety of companies and gave me an in-depth understanding of the internal controls, processes and systems that drive a corporation.  But more importantly, I also realised that I didn't want to be an accountant! 

Post university, I then started my banking career as a graduate in the Credit division of a large investment bank in Sydney.  I stayed for three and a half years and then decided to travel to London for a year with my brand new backpack for a working holiday.  The intention was to do some contract work in order to save enough money to go backpacking through Europe for six months.  However, I never ended up using the backpack!   My contracting job was at Education and, after a year, I was offered a permanent job in what is now known as Corporate Banking and so nearly five years later I am still here. 

I love working and living in London.  From a work perspective, London is one of the world's key financial hubs and the sheer size of the market provides great opportunities in terms of both the size and types of transactions that I am involved in.  I also love working with and meeting people from so many different nationalities and cultures.  And of course, there is no way that I could pop over to Paris for a shopping weekend from Sydney.

In a Corporate Banking role, you learn an incredibly broad range of skills. I really believe that it is an excellent foundation and GCRM actively encourages mobility both within the division and other parts of the bank as well as geographically if people so desire.

Corporate Bankers need to be very well-rounded individuals.  You obviously need to be numerate but it's also really important to be able to communicate well, both in terms of writing reports and verbally expressing your conclusions.  You need to be able to work both as part of a deal team and on your own, taking responsibility for delivering to a deadline.  Most importantly, you need to be pro-active and have an inquisitive personality.

GCRM has a fantastic Analyst and Associate programme, which started about two years ago. They're always having training courses, breakfast meetings with senior management or social functions.  As a recently promoted VP, I now feel rather left out!   But I'm aiming on trying to fix that this year.

I tend to work long hours during the week but can usually count on having the weekends as my own.  However, being involved in live transactions sometimes means you can't control client driven deadlines and working the weekend is a necessity.  But it doesn't happen very often and to be honest it goes part and parcel with the opportunity to work on interesting and challenging transactions.

We are encouraged to participate in GCRM wide initiatives and projects.  Sometimes it's a little frustrating as there seems to be so much demand on our time.  But to be honest, once you start getting involved, you realise that not only is it a great opportunity to learn new skills and network with colleagues but that it can also be very rewarding and a lot of fun.  Over the past year, I've been part of a working group implementing a piece of our new credit infrastructure and teams organising a Fun Day for GCRM, where we even had senior management doing three legged races, a softball game Hyde Park and also a wine tasting evening for the GCRM Woman's Network.  In particular, it's also given me the opportunity to give something back to the community by taking part in the Young Enterprise Scheme, where three colleagues and I were advisors to a group of local school students who had to set up and run their own company over the course of the year.

If I didn't work in finance and could have any job at all - I'd love to be a florist.  I think it would be really satisfying, if only you didn't have to get up so early.

Outside work, my boyfriend and I spend as much time travelling as possible.  We love finding out of the way places to stay and good restaurants.  After five years without a car, we have recently succumbed in order to further explore the U.K.  Although at the moment, I get most excited about using it to carry the shopping!   We also enjoy going to the theatre and of course, inviting friends around for barbeques.