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Stepping Up: How to Take on More Responsibility in Your Finance Career

Updated: Sep 5, 2023

As a woman working in the finance industry in Queensland, you may find yourself craving more responsibility and opportunities for career advancement. However, knowing how to ask for these opportunities can be a really daunting task. In this post, we will explore actionable strategies to help you confidently navigate the path to taking on more responsibility at work and hopefully work towards your goal of advancing your finance career.

1. Clarify Your Career Goals:

Before approaching your superiors, it's important to have a clear understanding of your long-term career goals. Reflect on where you see yourself in the future and the specific areas of responsibility you wish to take on. Consider how these aspirations align with the needs of your organisation and even the finance industry as a whole.

2. Identify Gaps and Seek Opportunities:

To position yourself for more responsibility, identify any skills or knowledge gaps that may exist. Take the initiative to enhance your expertise through training programs, certifications, or further education. Seek out projects or assignments that align with your desired responsibilities and volunteer to take them on.

3. Demonstrate Your Value:

A really great way to prove your readiness for more responsibility is by consistently delivering high-quality work and exceeding expectations in your current role. Seek opportunities to go above and beyond, take ownership of projects, and demonstrate your ability to handle complex tasks. Showcase your results and the positive impact you've made on the organisation.

4. Communicate Your Ambitions:

It's all about self marketing! Openly express your interest in taking on additional responsibility to your manager or supervisor. Schedule a meeting to discuss your career aspirations and explain how you believe you can contribute more to the team and organisation. Clearly communicate the specific areas in which you would like to grow and the value you can bring to the table. Performance Review time is an excellent place to have these discussions as you can work with your boss to setup your year ahead.

5. Take Initiative:

Don't wait for opportunities to come to you; be proactive in seeking them out. Identify areas within your team or organisation where you can make a meaningful impact and propose new initiatives or process improvements. This demonstrates your leadership abilities and initiative, positioning you as someone ready to take on more responsibility.

6. Seek Mentorship and Sponsorship:

Connect with experienced professionals within your organisation or industry who can provide guidance and support. Seek out mentorship programs or join professional networks like Women in Finance QLD, where you can access resources, workshops, and networking events. Mentors and sponsors can offer valuable advice, advocate for your advancement, and help you navigate the path to more responsibility.

7. Emphasise Collaboration:

Successful leadership often requires the ability to collaborate and work effectively with others. Demonstrate your teamwork skills by actively participating in cross-functional projects, volunteering to assist colleagues, and fostering a positive and inclusive work environment. Highlight your ability to lead and inspire others to achieve collective goals.

8. Continuously Learn and Adapt:

Be a lifelong learner. The finance industry is constantly evolving, so it's crucial to stay updated on industry trends, new technologies, and regulatory changes. Dedicate time to professional development by attending workshops, webinars, or conferences. Continuously expanding your knowledge and skills makes you an invaluable asset to your organization and positions you for advancement.

9. Develop a Professional Network:

Building a strong professional network can provide you with valuable connections, opportunities, and insights. Attend industry events, join professional organisations (like Women in Finance QLD), and connect with colleagues, mentors, and leaders in the finance industry. Networking can open doors to new responsibilities and help you establish your presence in the field.

10. Be Patient and Persistent:

Advancing your career takes time, and it's important to be patient while pursuing more responsibility. Understand that setbacks and challenges may arise along the way, but perseverance is key. Continue to refine your skills, demonstrate your value, and communicate your ambitions.

In conclusion, as a woman working in finance in Queensland, taking on more responsibility and advancing your career is within your reach. By clarifying your goals, seeking opportunities, demonstrating your value, communicating your ambitions, and actively pursuing growth, you can position yourself for success.

Remember to leverage the resources and support available through platforms like Women in Finance QLD to further empower your career progression. Embrace the journey with confidence and persistence, and you'll be well on your way to achieving your professional aspirations.

Not a member of Women in Finance QLD? Join here today!

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