By Robin Madell (San Francisco)

Elle Kaplan moved to New York City with no job, no apartment, and $200 in savings. She is now the CEO and Founding Partner of a leading independent private bank, Lexion Capital Management. “It has been a fun and often unpredictable journey,” Kaplan said.

With a background in English literature and chemistry, Kaplan’s entrance into the finance industry was not automatic. She began her career by temping, applying to every financial firm that she could think of. But she had missed the recruiting cycle and was initially rejected by every bank she tried. “I contacted headhunters, and they looked at my English and chemistry degrees and said I would never get a job on Wall Street,” Kaplan said. “However, I always think of a ‘no’ as someone’s opinion, nothing more. So the rejections did not alter my plans.”

Kaplan’s big break came during an interview to be a receptionist at a private equity firm. During the interview, the team noted her ‘A’ average and expressed concern that she would be bored answering phones. Kaplan agreed and asked whether there were any openings for analysts. Four days later, she had landed an analyst job. “That was my biggest ‘sale!’” Kaplan said.

During her career, Kaplan has worked as a private banker at JP Morgan Chase, as a derivatives specialist at a British investment bank, and as a Vice-President and financial advisor at Bernstein Global Wealth Management. Along the way, she earned an Executive MBA from Columbia University. She recommends the degree to those who work full-time.

“One great thing about getting an Executive MBA is you put your classroom management lessons into action right away versus waiting until you graduate,” Kaplan said. “You can also advance faster in your career choice because you don’t have to take off time for school. Instead you are doing it all at once.”

Read more

By Melissa J. Anderson (New York City)

“Life is filled with chapters. The ability to live a life worth dying for is an important touchstone for me,” explained Carolyn Buck Luce, Global Life Science Sector Leader at Ernst & Young, and Co-Founder of the Hidden Brain Drain Task Force.

She recommends ten-year planning as a way to manage that life. “Every ten years, I go over what I want to learn in the next ten, and the critical experiences I want to have. I ask, ‘how do I live the next chapter as fully as I can?’”

As a result, Buck Luce has gained a wealth of experience and advice, and has passionately dedicated chapters of her life to helping advance women and girls.

“One of my interests is helping women and girls be all that they can be,” she said. “Women and girls have this ambivalent relationship with power and ambition. For many reasons women and girls are underserved, under-empowered, and under-appreciated around the world.”

She continued, “We need to create institutions that meet the needs of society, and that means women and girls getting comfortable with power and ambition so we can take our place at the table and join men in leadership.”

Read more

By Melissa J. Anderson (New York City)

“I’m constantly learning in this job,” said Suni Harford, Managing Director and Regional Head of Markets for North America at Citi. “And that’s great after twenty-five years in the business, to say I learn something new every day.”

Harford, who co-heads the firm’s women’s initiative in addition to her day job, shows inspiring enthusiasm for her career – and, she said, it comes from doing work she enjoys.

“It sounds silly to say that the most exciting thing I’m working on right now is just doing my job, but these markets make for interesting days, and it’s very rewarding.”

Read more

By Melissa J. Anderson (New York City)

Helping write the recent tri-party repo reforms has been a significant source of pride for Kelly Mathieson, Managing Director of Global Custody and Clearance Business Executive at J.P. Morgan Worldwide Securities Services, and is one way she’s making her mark on the industry.

“I think my proudest professional achievement has been the opportunity to be involved in and lead part of the reforms mandated by the Fed for the tri-party repo market movement,” she said.

“The market crisis occurred in ’08, and I picked up the clearing business about a month after that,” she continued, adding that Lehman was a notable client at the time. “It really gave us unbelievable insight into how that market model was not working effectively.”

She continued, “We made recommendations in May 2010 and have been working on the reforms’ implementation, and I’m quite proud of that. It will transform how that model works, and it will impact the generations to come.”

Mathieson, who was recently named of one of American Banker’s top 25 women to watch continued, “It was a Herculean amount of work and I’ve never been involved in something like that before.”

Read more