What transferable skills would you recommend learning or mastering before the inevitable layoff?
Ex. Software programs
17 replies (most recent on top)
Your time is appreciated, it was extremely generous to write this, thank you.
One of the executives told me that political skills are the most important skills to have.
Our manager told us that the most important things are to understand DEI, RTO, hub strategy and offshoring strategy.
Sipping coffee, diversity, lgbt, az-900 certification
Kissing heinies.
@nlr+1pfmnbe4
You are so correct. Certs of any type (either financial, technical, or managerial) are not valued at Wells. That is why the "firm" is in so much trouble. And if you don't have your certs you are in trouble.
@jke+1pfmnbe4
This guy is a joke. He is a trader and did trading until Wells. And Wells had him do something he wasn't trained for (probably something with mortgages). Why does he have a real estate license -- is this a side gig? He is going for a management job without a management cert. If I was a recruiter I would go on to the next.
Some certs are totally meaningless (like the AZ9??? Axure cloud cert). They just prove you can repeat Micro$oft sales points. In today's environment, you have to be a specialist -- technical, financial, management.
definitely second the post before regarding sql, excel and powerpoint. having those skills at least provides as baseline level of employability / consultant value as most companies including wells fargo mistake those skillsets as being some kind of tech genius. you will be well served!
Google , common sense , speak only when add value
This guy's LinkedIn profile heading says he is Chief Operating Officer, but his history indicates he was never a CFO at any company. He currently works as a Consultant at Wells Fargo, but he calls himself "highly accomplished senior executive". If this guy is a "senior executive", what is Scott P? That's a great way to fudge a resume.
https://www.linkedin.com/in/kevin-croke-308aa16
Learn how to manage other people. Learn how to say "I am an executive". Here is a good LinkedIn example I accidentally found:
https://www.linkedin.com/in/kevin-croke-308aa16
Don't get into tech if you are a white dude. There is no future in it for you
Python for sure if you are in a coding type of job. And Power BI and/or Tableau to turn data into pictures. There's a push for that.
AI, machine learning, deep learning will be important if you can find a way to use it for your job.
The current job market is brutal. Recruiters ghost a lot. Get on LinkedIn and follow the main thread. Read job descriptions to get a feel what employers are looking for.
Networking is the way to go. Some tech roles require technical assessments. There are many stories about folks having 4 plus rounds of interviews with no offers.
If you are interested in programming or Data Analytics you will need a portfolio.
Youtube has lots of videos.
Learn SQL. If you know SQL make sure you know window functions, CTEs, temp tables, etc.
Learn python. Python is used for software engineering and data analytics.
Learn data structures & algorithms (if interested in python )
Excel (pivot tables, vlookup, dashboards)
Tableau, Power BI. (pick one to start)
Azure Cloud
R (optional)
Start with Excel, SQL & python.
Take advantage of PluralSight training.
Tools needed:
If you don't mind downloading stuff to your computer: MySQL, PostgreSQL, Anaconda or Conda, Tableau Desktop
if you do mind: OracleLive SQL (warning Oracle often has different syntax for stuff).
Anaconda cloud, Google colab, Replit, Tableau Public
I haven't learned Power BI yet so I don't know if there is a cloud version.
These sites have coding interview questions you can practice
Leetcode
Stratascratch
Excel: Chando
Data Analyst: Alex the Analyst
Data Scientist: Ken Jee
Python Tutorial: Cory Schaffer
Check out CultivatedCulture, Jeff Su
Cisco Networking Academy
Coursera: Google has certificates
LinkedIn has a lot of interesting cybersecurity information in its main thread. There are a lot of free resources available. You just have to catch one of those posts.
Best of luck to ya!
Difficult to say without knowing what field you're in or where you want to go. My certs would be useless to 99% of the employees here, but are super useful for me. Need more info OP.
Depends what area you are in re: CFA. A few of my coworkers and myself have our CFA but there's certainly no benefit to it in my area (quant modeling) other than whatever you learned while studying for it. As far as I know, none of the managers or directors have it. I think people think it's some magic bullet but it seems to be valued very little at Wells. Just do a job search on the term CFA and you'll see.
Will CFA be useful for us if we are not working in investment?
Almost all international students and OPT, H1B visa workers are studying CFA, I thought it might be a secrete I don't understand, I am not a security trader.
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