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Old 01-03-2005, 04:11 PM   #9 (permalink)
NoSoup
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Location: Green Bay, WI
Quote:
Originally Posted by soma
NoSoup, finance absolutely fascinates me too. Did you go to college to get where you are? If so, what did you major in? Also, how did you get your first job in the field?
I do not have a degree - in fact, I just turned 21, so I wouldn't yet have finished school

Hmmm... my first job in the field...

Basically, I started off when I was 16 by getting a job as a teller at a local credit union. I worked my ass off, and did very well there. As a teller, we had to "cross sell" - which means we sold products such as ATM cards, Debit Cards, Checking accounts, ect. The teller average was 6 per month, when I started. My average, however, was just a bit over 100 per month while I was working part time. As you can imagine, the credit union was eager to put me in a position where I could make them more money. As soon as I turned 18 (just over a year of me working there) they offered me a postion as a Member Service Representative. MSR's basically were basically the "catch-all" of the credit union, we dealt with all types of loans, IRAs, the Depository side of Banking (savings, checking, certificates of deposits, ect). Again, I did well, blowing away all figures that had become "standards" for our production. After a year or so of that, I was offered a position at a bank as assistant manager of the mortgage lending department. Again, I excelled there - with the branch reaching it's net gain goals every month except one since I was there - and they had never hit those goals, not even once, in the previous four years that they were open.

Finally, I was offered a position at a Brokerage which I readily accepted, although I was a bit leary of it since it was commission only. I wanted to get back into the mix of things, I felt a bit removed as a manager, not to mention the fact that some (middle aged) people were having difficulty with the fact that someone that had just turned 20 was their supervisor, regardless of how much extra they were making from the bonuses. That is currently where I am today, and where I plan to stay...
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