Sanjay Sharma - investment banking
A key turning point in Sanjay Sharma's career was studying for MBA whilst working full time - two very demanding years, and, indeed, a very demanding phase of his life during which only hard work and application carried him through. After completing his MBA, Sanjay almost immediately moved into a new job that, although was not the ideal position, it provided to the right connections - a stepping stone to the role he so wanted. Sanjay believes that there are times when 'luck' has something to do with one's professional success. In his case the luck element was shaped by educating and preparing himself for a role he really wanted so that when he was offered the opportunity he was ready to grab it. Sanjay Sharma now works in a job he really likes and for a Bank that, in his own words, "is second to none". He believes that one's professional goals are better achieved with the support of family, good friends and those people who have at stages during one's career influence decisions for the better.
(Please refer to the bottom of this page for useful links related to the field Finance) Accademia Apulia UK has asked Sanjay Sharma the following questions: Where do you come from? Where do you live?
I am a born and bred Londoner of Indian descent – I was raised in Hounslow, West London and went to University in Manchester. Following my degree I went into Banking and have stayed in the industry since apart from a brief break whilst studying for my MBA. I currently live in Richmond, which is a fantastic area on South West London that allows me to be close to my family and friends whilst offering the benefits of proximity to London.
Which is the most interesting aspect of your job?
I work for a leading Investment Bank in the City. The most interesting aspect of my job is working on the trading floor and dealing with some of the most interesting, diverse and intellectually stimulating people in this industry. It’s a loud, noisy challenging environment full of energy and without meaning to sound like a cliché, I do love it!! Outside of work, I have dabbled in property and juggle a full and varied social life.
How is the present economic crisis affecting your profession?
Not surprisingly the Banking Sector and in particular the Investment Banks have suffered heavily over the last few years. However from this crisis has emerged a lot of opportunity for the sector to reconsider its practices and consider how best to move forward in this new environment. I think the sector has realised and appreciated its short comings and is working to improve its image and reputation which can only be good for the global economy as a whole.
How do 'austerity' measures affect your clients?
There is obviously greater emphasis on risk management and controls whilst at the same time having to maintain a sustainable level of profitability. Although this encourages reduced risk taking the sensitivity of markets to any "adverse" news is greatly magnified and can be destabilising to a clients ability to plan future investments and strategies. Paradoxically, this can ultimately increase instability which reduces the level of investment activity rather than increasing it as was intended.
Which is your favourite book? And film?
Book: ‘Shantaram’ by Gregory Roberts. I actually met him whilst working in Mumbai. One of the few books to actually move me and make me question life, love and faith.
Film: ‘Heat’ directed by Michael Mann - cinematography at its finest.
What are your plans for the future?
To be able to retire in 10 years, travel the world and then maybe become a writer of some sorts. If all that fails I would not mind running my own restaurant/bar!!
What is your message to aspiring professionals?
I think the key to a successful career in whatever field you choose are three fold: Hard Work combined with an ability to continually apply yourself towards achieving your goals and to some extent luck – which I believe you are largely responsible for creating.
Financial Services Skills Council