Business NetworkingBy Miranda K. Brawn, Esq. Barrister-at-Law

It is clear that any woman who is going after a high-powered position in any industry, but especially in financial services, law and business, will need to have a strong resume. While many focus on painstakingly compiling their credentials, career background, accomplishments, spending weeks on application materials and making everything look as perfect as can be on paper and online, as well as conducting external networking by attending various events etc., they are forgetting one important thing – the Art of Internal Networking!

We have all heard of the saying “it’s not what you know, but who you know!” and how networking can benefit our careers. But have you thought about how your own network, especially your internal network, is your most powerful tool. Most people focus on the external networking aspect of developing their careers. Sometimes the most effective networking takes place where you dwell on a day to day basis. This relates back to the 6 Degrees of Separation theory highlighting the importance of information flow, building networks in one’s own organization and developing the tools for communication.

If you are a woman on the verge of making a big move or wanting to make such a move, consider these top ten tips for making an impact:

1. Become a Connector– Connectors have a different kind of power as they always know someone. They may be good at making suitable introductions. Hence, there is great value in forming and maintaining a strong circle of contacts. It is important to factor in first impressions and guide what you want new contacts to say about you after the initial meeting. Connectors love social connections as it is in their human nature and collect friends like stamps. It is the nurturing and coordinating of introductions that they enjoy the most which is the art of networking. That said, lots of people are not naturally social but they can become a Connector by learning the main skills. This can range from emailing or calling colleagues in other areas of the organisation who they have not seen in a while and organizing a lunch or coffee catch up to update them on various activities which may be of use and/or interest to them.

2. Focus on giving versus getting – internal networking is an investment for yourself and your organisation hence try to adopt an attitude of giving to your network. This should ultimately be a “give and take” relationship not just “take”.

3. Constantly add value to your network – Think about the ways you can add value to your network and continue to do this on a regular basis. It is important that you are playing your part and not just turning up every day to do the bare minimum. If you work in the finance industry, you could email your own area or another internal area about the latest news in the trading market or various banking regulations which are fast and flowing at the moment. Hence, who do you think they will approach should they need advice on trading or banking regulation information? I hope you are beginning to see the value in this personal branding through your internal network which could be extended to your external network. This links into my next tip where your knowledge can make you powerful within your organisation.

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Miranda Brawn“Believe in yourself and exercise confidence,” said Miranda Brawn, Barrister and Director at Daiwa Capital in London. This, she added will help you face and overcome any hurdles you might encounter as you navigate your career to the top. “No one will invest their trust or confidence in you if you cannot invest it in yourself. Develop your skill base, learn and increase your knowledge to increase your confidence,” added Brawn.

One of Brawn’s first mentors advised her to treat this industry like a marathon, not a sprint. “There are far too many people who burn out and age rapidly due to burning the candle at both ends and not looking after themselves,” she said.

“Achieving a senior leadership role will not happen overnight,” Brawn added. “Stay focused and be patient.”

A Multitude of Experiences

When Brawn decided to enter the financial services industry after completing her A levels, she only intended to work for one year before entering University. Life, as it would have it, had other plans for her as she went on to enjoy a successful and multi-faceted career in the male-dominated worlds of financial services and law.

Since entering the workforce at age eighteen, Brawn has held many different roles at some of the world’s leading financial institutions, including Goldman Sachs, JP Morgan Chase, Citibank, and Deutsche Bank. She has also worked for law firms where she has acted as a consultant legal advisor. Currently, Brawn is a Director at Daiwa Capital, where her primary role is to manage the company’s legal risk across Europe for the derivatives and securities financing businesses.

“It is a transformational time for the industry right now as changes in banking regulations are presenting new challenges,” said Brawn.

Although she did not follow a strictly traditional path, Brawn is proud of the fact that she was able to complete all of her studies while working full-time in demanding positions. “I am not afraid of a challenge,” remarked Brawn, who has earned her MBA, Law degree, Journalism Diploma, and most recently, completed her studies in Political Philosophy at the University of Cambridge.

It is this same mentality that keeps Brawn busy outside of her daily 9-5 responsibilities. “I have other interests such as being a board director, barrister, freelance writer, motivational public speaker and now a brand ambassador for The Fold London,” said Brawn. Additionally, Brawn is also the founder and CEO of Pluto Law Limited.

Keeping Diversity on the Agenda

Brawn is very passionate about diversity issues, which is why she has been extremely committed to networking, mentoring, and sponsorship initiatives throughout her entire career. “I wish I had realized the value of having mentors early on in my career,” Brawn noted.

She continued, “It can be difficult for women to break into that established ‘old boys’ network especially within Front Office client facing roles where it is still pretty much a male dominated environment.” According to Brawn, women need to increase their networking efforts in order to gain the mentoring and sponsorship relationships that will ultimately have a positive impact on their career growth and advancement.

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