Pigeonholed in Asset Based LendingSubscribe
I'm an ABL Risk Manager . I work in a mid sized bank at a back office so I do not have a sales goal. I feel grateful for the low stress, decent salary (100K + all in) but I feel pigeonholed and can't seem to get a lateral or even downgrade move.
My concern has always been the lack of positions in ABL if I had to move or change companies during a downturn due to lay offs. ABL is a niche field and I feel stuck in it.
I have tried and tried for FP&A because I assume its a better skillset that is more marketable compared to ABL.
I cannot seem to get a senior analyst role in FP&A and have also tried for a few entry level FP&A gigs but never hear back. I have an MBA from a good school and have been consistently promoted from analyst to senior analyst, officer, assistant risk manager and then to risk manager in five years.
Any advice from someone who has made a lateral move to a somewhat unrelated field out there?
We use a lot of Excel modeling, financial analysis, balance sheet and income statement analysis that overlaps with some FP&A roles. I would even take a treasury role.