The United Nations’ International Women’s Day takes place this weekend on Saturday, March 8. This year’s theme, “For ALL Women and Girls: Rights. Equality. Empowerment,” calls for action that can “unlock equal rights, power and opportunities for all and a feminist future where no one is left behind.” As described on the UN’s website, “central to this vision is empowering the next generation—youth, particularly young women and adolescent girls—as catalysts for lasting change.”
In that spirit, we’ve invited members of the FundGuard team to reflect on their careers, the advice they’d give to their younger selves, the opportunities they see emerging in the industry and the skills everyone should consider as they level up to prepare for those opportunities.
While there is much our contributors share in common as “Women in FinTech,” they each bring their own unique expertise and diverse points of view from their years of experience in Fund Accounting, Customer Success, Software Engineering, Human Resources, Marketing and Administration.
No matter how you identify or where you are in your career, we hope you find value in these insights for the next generation of innovators and agents of change.
“After 35+ years in FinTech, I’m still often the only woman in the room, which puts me in a unique position to influence change.” -Diane McLoughlin, Director, Program Management, FundGuard
Turn Your Presence into Power
For anyone who may think of themselves as a minority in the room, remember that your continued presence is a testament to your strength and expertise. Use this unique position as an opportunity to assert your voice and lead by example, showing that diverse perspectives enrich discussions and lead to better outcomes. Your persistence and insight can serve as a powerful model for others and challenge the status quo.
Assert Your Worth
If you’re ever told there’s not enough room at the table – literally or figuratively, make a seat for yourself anyways. Empower yourself to seize every opportunity to claim your space immediately. Each instance you speak up reinforces not only your own right to be heard but also paves the way for others who will follow in your footsteps. Remember, advocating for yourself is not just about confronting others’ oversights but also about reinforcing your self-worth and rightful place in every discussion.
Build Confidence in Your Abilities
Develop confidence in your unique skills and perspectives over time. Trust that your contributions are valuable and can lead to more inclusive and effective decision-making. As you become more confident, your ability to influence and lead will naturally expand.
Use Challenges as Opportunities to Strengthen Teams
Use any initial doubts or challenges as opportunities to demonstrate the value of diverse perspectives in leadership. Showing how different approaches can result in stronger team cohesion and better outcomes can change perceptions and break down barriers.
“I encourage my team members to push their own boundaries, trusting their judgment and ability to run with an idea as far as possible before seeking validation. This not only builds confidence but also leads to fresh, creative solutions.” -Li Carmel, VP, Human Resources, FundGuard
Promote Collaboration and Inclusivity
Encourage a culture where ideas are not strictly top-down. Utilize brainstorming sessions to gather input from all levels of the organization, recognizing that the best ideas often emerge from those working directly with the challenges.
Make a conscious effort to seek out quieter team members during discussions. Their insights, though less frequently heard, can be incredibly valuable and lead to breakthrough ideas.
Value and Recognize Contributions Beyond Monetary Rewards
Understand that motivations extend beyond financial incentives. Elements like a sense of accomplishment, clear career paths, and recognition are crucial.
Continuously explore ways to enhance these motivators. Ensure team members feel valued and understood, enabling them to be their best selves both for the company and its clients.
Foster Trust and Empowerment
Create an environment of trust where open dialogue is the norm. Present dilemmas and big-picture challenges to the team, encouraging open discussions rather than imposing solutions.
Empower team members to take ownership of their ideas and trust their judgment to explore solutions independently. This empowerment can boost confidence and lead to innovative outcomes.
“Having even just one mentor to help you amplify your voice can really make a difference when it comes down to professional decision making in your career journey.” -Melissa Monahan, Talent Acquisition and HR Business Partner, FundGuard
Take More Risks
Ask for the raise! Ask for the role. Apply for stretch jobs. Don’t wait until you have a 100% perfect skillset for the positions you want. If you don’t at least apply and try, you’ll never get to 100%.
Build a Broad Professional Network
Prioritize networking early in your career. It’s crucial to understand that success is not solely about what you know, but also about who you know. Relationships and mentorships are invaluable in overcoming challenges and unlocking new opportunities.
Be Proactive and Confident
Take initiative and make decisions confidently. Proactivity and seizing opportunities are key to personal and professional growth. Don’t wait for experience to build your confidence; believe in your ability to lead and make decisions from the start.
Embrace a Growth Mindset
Don’t fear failure, as it is a fundamental part of learning and developing. Adopt a growth mindset, focusing on continual improvement and viewing challenges as opportunities to evolve.
Seek Out Mentors and Sponsors
Find at least one mentor or sponsor, whether formal or informal, early in your career. The guidance, support, and perspective a mentor provides can be transformative, amplifying your voice and aiding in crucial decision-making processes.
Trust in Your Abilities
Trust yourself more and understand that leadership is not about having all the answers. It involves asking the right questions, building the right relationships, and adhering to your core values.
“I would love to see women in tech continuing to develop their communication, negotiation, and networking skills and increase the number of women in leadership positions.” -Akha Mathews, Director, Pre-Sales, FundGuard
Listen and Practice Empathy
Effective leaders should prioritize active listening and empathy, understanding that a multi-generational workforce requires a two-way exchange of ideas and feedback. This not only fosters a culture of respect and inclusion but also leverages diverse experiences for better decision-making.
Enhance Leadership and Strategic Skills
Develop strong leadership capabilities, including the ability to manage complex projects and make data-driven decisions. Strategic thinking and problem-solving will be crucial in navigating the challenges of any high-tech industry.
Balance Technical and Soft Skills
Maintain a strong balance between technical proficiency and soft skills. Technical skills are essential for understanding and innovating within the field, while soft skills like communication and relationship-building are crucial for effectively leading teams and bridging the gap between leadership and technical staff.
Foster Adaptability and Continuous Learning
Embrace adaptability and commit to lifelong learning to stay relevant in rapidly evolving tech environments. Being an adaptive learner who can continuously evolve and adjust to new technologies and market demands will ensure sustained success.
We’ve Said it Before and We’ll Say it Again: Build and Utilize Networks
Cultivate a strong network of peers, mentors, and other leaders within the tech community. Networking is key to uncovering opportunities, gaining insights, and enhancing your career trajectory. Actively seek and develop these connections. Don’t wait for them to come to you.
Stay True to Core Values
Remain grounded in your core values while being flexible and agile. A strong ethical foundation combined with the ability to stay focused on long-term visions will help navigate the dynamic tech landscape, ensuring decisions are both innovative and aligned with personal and organizational values.
Prioritize Human Connection
Keep human connection at the forefront of technological and leadership endeavors. Success in tech is not just about mastering machines but about understanding and working effectively with people.
”There are increasing opportunities for women in tech today, whether in technical or non-technical roles. Even if you’re not in a tech position, like myself as an Executive Assistant, companies are realizing the importance of diverse skills to drive growth.” -Karen Bardugo, Executive Assistant to the CEO, FundGuard
Never Stop Learning and Adapting
The possibilities are endless as long as you’re always willing to learn. Embrace opportunities to learn and adapt to new challenges, regardless of your role at any given point in your career. This flexibility is key as the technology landscape continues to evolve.
Proactively Manage Your Career
There are a broad range of job opportunities in fintech right now; as well as a number of newer fintech companies that are disrupting legacy standards. By cultivating an industry network, staying informed of industry trends, and being fearless in your pursuit of your next job opportunity, you will successfully develop your career.
Ready to take the next step in your FinTech career?
At FundGuard, we are committed to fostering a diverse and inclusive environment where innovation thrives. Explore the wide range of opportunities we offer, from technical roles to vital non-tech positions. Join us in driving growth and shaping the future of fintech. Visit our careers page today to learn more and apply: https://www.fundguard.com/careers/
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