Emma McGuigan AccentureBy Tina Vasquez, Editor

Emma McGuigan has been with Accenture for 19 years, joining the organization shortly after obtaining her master’s degree in electronics from the University of Edinburgh. As managing director in Accenture’s technology practice, she says her career thus far has been “challenging, creative, and progressive.”

“It is challenging in that every day there are new hurdles to overcome and interesting problems to solve. It is creative, as I’ve learned to use my technology skills to find solutions to business issues as well as my people skills to build successful relationships and teams. It is progressive as I take on increasingly larger responsibilities and roles and make a larger impact,” McGuigan said.

Redefining Success
McGuigan’s area of focus is working with clients in financial services and the public sector, drawing on her extensive experience in building IT architecture and large scale delivery of projects. This, she says, is her proudest achievement. Impressively, McGuigan was promoted while on maternity leave and prior to that, she’d been working part-time for Accenture for two-years.

“I realized that to be successful, you don’t necessarily have to work a traditional five-day week,” McGuigan said. “I’m proud that I’ve defined success in my own way. Fortunately, Accenture supports its people with a variety of flexible work and career options.”

In her new role, McGuigan is focusing on an internal project that grants her exposure to many people on Accenture’s global leadership team. “I’ve found this opportunity to be incredibly insightful, and a great learning opportunity,” McGuigan said.

Getting the Most Out of Professional Relationships
McGuigan says that to get the most out of a professional relationship, you need to take the time to get to know the individual. “Don’t drive straight to the transactional outcome,” she said. McGuigan asserts that how people grow professional relationships will be different for everyone, but taking the time to learn about how people operate makes for better collaboration.

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Chen Min headshot 100713By Michelle Hendelman

Min Chen, Managing Director, Head of Asia Corporate Finance, Head of China Real Estate and Lodging, Bank of America Merrill Lynch, admits that she stepped outside of her comfort zone when she accepted the assignment to work in Hong Kong in 2006. But this is something she encourages all women in business to do. Chen said, “Women should seize every opportunity that is presented to them. It is important to be open to new experiences and to have confidence in your abilities.”

She continued, “This is also why it is important to master your skill set and know your fundamentals. You never know when you will be asked to take on something new.”

Career in Investment Banking

“Looking at my career as a whole, what makes me proud is the fact that I was able to successfully make the transition from working in the United States to moving to Asia and developing to build strong relationships with my clients here.” She continued, “My clients are very different in the US and Asia, and being able to make that transition – and make it work – has been extremely satisfying.”

Chen has always worked in investment banking, and right now she is most interested in being involved in the growth of the investment banking industry in Asia. “In the United States, the investment banking industry is well established,” she said. “But in Asia, the industry as a whole is in a much earlier stage than the US. Because of this, I think a lot about how to make sure our clients understand what we do and how to help them do business in international capital markets.”

“A new challenge, and an exciting assignment for me, is to make sure the corporate finance group is well organized and efficient. I want to ensure the team members are motivated by the new and exciting work they are doing, developing their careers, and making meaningful connections. Leading the team is something that is very near and dear to my heart.”

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sm_priscilla_almodovarBy Michelle Hendelman

Sometimes the most successful and rewarding career paths are anything but linear. Priscilla Almodovar, Managing Director and Head of Community Development Banking for JPMorgan Chase can certainly attest to this. “My career path is a unique intersection between deal making as a lawyer, government, and now banking,” she said.

“My experience in different sectors gives me an appreciation of who the stakeholders are in each area and how to be inclusive of the various points of view. As a manager, I can tap all of these different experiences to do my job,” added Almodovar.

Almodovar practiced law for fourteen years before moving into public service. She took a two month leave from her position as corporate finance partner at White & Case, LLP in order to pursue an opportunity in public service. However, this short two month leave turned into a five year leave as Almodovar served as the President and CEO of New York State’s housing finance agencies.

“My proudest professional achievement to date is running a public finance agency for the state of New York. For the first time, my ‘client’ was the public and the opportunity to do finance in government and serve the public was an incredible experience for me,” said Almodovar. She encouraged everyone to pursue the opportunities available in public service and at non-profits as she feels very strongly that these areas can provide some of the most rewarding professional and personal experiences.

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Kate hilow“Take risks,” advised Kate El-Hillow, Managing Director, Goldman Sachs Asset Management, “because that is one of the best ways to build up your skill set.” This is one piece of advice that El-Hillow would give to her younger self starting out in her career. “Women tend to underestimate their skill set,” added El-Hillow. She encouraged women to be confident. She also emphasized just how important dedication and hard work are to career advancement, and finally she added, “Don’t over plan.”

Career Path

El-Hillow began her career at JP Morgan in the Audit division after graduating from Boston College with a degree in Accounting. However, while at JP Morgan El-Hillow found herself drawn to finance because she enjoyed the relationship aspect of the industry and finding solutions to meet the client’s financial needs. After realizing the highs and lows of the dotcom era with a private equity group that met its demise around the same time as many internet start-ups, El-Hillow found the right fit in finance at JP Morgan Asset Management concentrating on multi-asset class portfolio solutions.

While the client side of the business is what initially intrigued El-Hillow, she has since moved away from the client side at Goldman Sachs, where she now works, and focuses on managing multi asset class portfolios. “After giving birth to my first child, I really didn’t want to be on the road as much, and I very much enjoy helping clients from a portfolio management seat. It has been a very exciting area to work in.”

Since joining the industry in 1996, El-Hillow has witnessed a lot of volatility in the investment industry. “It’s a very dynamic environment which is part of the draw for me,” noted El-Hillow, “and many of the current challenges right now are around dealing with the lower yield and lower growth environment and regulatory issues.” She added, “It is important to try to recognize the opportunities to move into new investments while staying focused on not taking unintended risks. During the good times, some people can forget how painful the hard times are, but it is important to remember.”

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brill_l_300dpiBy Melissa J. Anderson (New York City)

There are many things that Lisa Brill loves about her work as a real estate partner at global law firm Shearman & Sterling. But best of all?

“It’s very exciting to walk by a building and know that it’s a deal I worked on,” she says. “The buildings and developments have much more complicated histories than anyone ever would guess.”

Structuring these real estate deals takes great skill, even for a leading real estate lawyer like Brill. “I really like a number of different aspects of the job – working on joint ventures, loans, acquisitions, land assemblages… these can be very complicated transactions.”

Adding to the challenge is the fact that Shearman & Sterling, as a major international law firm, is often brought in for its global expertise.

“We are primarily a New York practice, but since this is Shearman & Sterling, there is often a global aspect,” she explains. “For example, we’re seeing more and more out of Brazil, Mexico and China on the real estate side.”

“What attracted me to Shearman & Sterling initially was my interest in working on international transactions and the firm’s global footprint. Each culture has a different approach to business and a different legal system. At our firm, we have a very diverse group of lawyers and we are very cognizant of those differences.”

Another Important Role

In addition to her client work, Brill serves as co-chair of the firm’s Summer Associate program. She sees this role as critically important for helping all young lawyers, and especially women, acclimate themselves to life in a major law firm.

“We need to nurture and help every associate who comes in the door get on the right path,” she says. “But we especially need to reach out to young women when they start, so they know they have people they can talk to, that they have a support system.”

As a new lawyer just starting out, Brill herself didn’t work for any female partners directly, but that didn’t stop other women in the firm from reaching out to her to provide guidance and support, she explained.

“Other women, not in my group at the firm, would reach out to me – for coffee or to say hello, or just to let me know they were there if I needed to talk,” she recalls. “And it did make a difference to me. I always knew they were taking an interest in me, even if I wasn’t working directly with them. I think women partners have a responsibility to do this for the female associates.”

Brill remembers her early days fondly. Originally from Baltimore, she studied law at Georgetown. “I thought I would stay in the mid-Atlantic area, but then I realized how many opportunities there are in law in New York and beyond,” she says. In fact, the time Brill had spent living in Paris before law school inspired her to seek out opportunities beyond the US.

Impressed by Shearman & Sterling’s global footprint, she took a position at the firm’s London office, joining the Capital Markets Group. “I loved it – there were interesting clients and partners, and I had a fantastic experience,” she recalls.

But eventually she realized she wanted to be closer to her family in the US. She says, “Because Shearman has an emphasis on rotating to different groups to develop well-rounded lawyers, the firm supported me.”

She joined the New York Structured Finance Group and then moved to the Real Estate Group. “I loved it right away,” she explains. After about five or six years in Real Estate, Brill was made a partner at the end of 2007.

“I’m proud of my entire career,” she says. “And making partner is obviously a huge achievement. I think what I’m most proud of is the relationships I’ve made with partners and clients, and my development as a lawyer.”

“Being a lawyer can be incredibly challenging, not just in the practice of law. There is so much more. You’re a business advisor, a marketer, a business owner. Law school teaches you how to think like a lawyer, but I’ve found that the rest you have to learn as you go.”

She added, “It’s a fantastic career, and being a business person and a lawyer means your career is so diverse. But it is one of the more challenging parts.”

Advice for Women in Law

Brill says that while she hasn’t encountered any challenges to her advancement, she has noticed a lack of female role models in the industry in general.

“I’m very lucky to have started my career here – I don’t think there are any barriers for women to succeed and I definitely have had the same opportunities as my male colleagues,” she says.

Still, there are challenges, she says, especially when it comes to work/life balance issues. “As women, we continue to need role models so we can continue the dialogue on work/life balance,” she says. “I hope that associates in my firm see me as part of that dialogue.”

Brill shared some of the advice she often gives to new lawyers. “The first piece of advice is always think broadly. There are lots of opportunities in law and sometimes you need to seek them out.”

Secondly, she continued, “Don’t give up.”

Brill concedes that sticking it out can be particularly difficult for women, due to the lack of female role models at the top. “I have two children, and I hate the term ‘trying to have it all,’ because I think having it all is different for every single person. It’s challenging to find a balance. I think we need to be more open to young associates that they shouldn’t be afraid to talk about this and ask questions about how we each achieve our goals and manage our careers and families.”

Brill connects with Shearman women during the firm’s women’s network events. She also enjoys being a part of the Associate Development Committee. “One of the things Shearman & Sterling is doing differently now and will be carrying forward for our first- and second-year associates is that we have a Corporate Group. Rather than being placed in a practice group from the start, associates will have the opportunity to try a broad range of corporate practices before settling into a group. I am co-heading the Corporate Group and work with a great group of administrative people here to make it happen. It’s a great program and allows the associates to experience as much as possible early in their careers before anyone expects them to be an expert and meet people in every part of the firm.”

In Her Personal Time

Outside the office, Brill enjoys participating in industry groups like WX, a woman’s real estate group in New York. “I encourage young people to find those groups – it’s a great way to meet people and have conversations about the industry you are involved in.”

She is also a board member of the City Bar Justice Center, an organization providing pro bono services to people in need, “like victims of Hurricane Sandy,” she explained. She is particularly involved in the group’s Neighborhood Law Project.

“I also have two young children who bring great joy to my life and of whom I am incredibly proud. They’re a lot of fun and a lot of work. Mostly fun,” she says with a laugh.

TGHphotos_cindy_wellsfargoBy Tina Vasquez

When Cynthia Freund was growing up, she dreamt of flying. After minoring in aviation technology and obtaining her private pilot’s license, she applied to the Air Force with the hope of making her dream of being a pilot a reality. The atmosphere was ultra-competitive and Freund jokes the closest she came to flying was sitting at her desk, but her time in the military gave her something some spend their lives in search of: their voice.

Freund’s first big assignment as a communications officer for the Air Force sent her to Panama, where she had an “outstanding” commander who would be responsible for one of the most significant moments of Freund’s career.

“My commander took me aside one day and said, ‘Cindy, you’re here to make decisions. That’s your job. You might not always make the right decision and if you make the wrong one, we can fix it, just know you have to make decisions.’ I’ll never forget it,” Freund said. “I needed to be reminded of that and it was empowering to me. It’s what put me on the path that got me where I am today.”

Today, Freund is a Wells Fargo & Company’s Senior Vice President in Consumer Lending Technology, where she leads a team of over 70 project and relationship management professionals and manages a multimillion dollar project portfolio.  Each day, she and her team are working toward providing innovative, cost-effective solutions and services and it’s an environment she feels wholly comfortable in and has been highly successful in, though she admits the financial services industry is a bit of a stretch for someone who began their career in the military.

Before joining First Union in 2000, where she held various leadership roles, the former Air Force Captain worked primarily in technology for Science Applications International Corporation in Virginia and Washington D.C., taking advantage of her high security clearance. When she and her husband moved to Charlotte, Freund became a road warrior, spending the bulk of her week away from home and away from her two young children, who were one and three-years-old at the time.

“When I began looking for something local, I wanted to continue offering complete business solutions. When I heard about the First Union position, banking seemed like a bit of a stretch, but I knew I could be an asset at First Union because I had a strong project management background. It was around that time I began to realize that so many of the skills I learned in the military were transferable to financial services and on a larger scale, to corporate America,” Freund said.

Freund’s last assignment before walking away from eight-years in the Air Force was managing a help desk at the Pentagon, a role she says was crucial in her ability to walk  into any position – no matter how new or challenging – and be successful. It was a matter of having the confidence to make decisions and stand by them, as well as being given the tools needed to adapt and thrive in any situation.

Her military training is also why Freund didn’t struggle with any of these transitions, from military to corporate to financial services. Something that’s helped, she says, is working with wonderful leaders.

“When you work with great leaders who are there for you and who teach you, any transition can feel seamless,” Freund said. “Here at Wells Fargo, I’ve had a number of different roles. I started in capital markets and then I moved on to support community banking and then I went on to support operations. Now, I’m in consumer lending technology. I’ve been so fortunate to work with so many wonderful people and see so many different sides of the bank. I’ve learned so very much.”

As it turns out, learning is actually one of Freund’s biggest strength. This is something she learned from Gallup’s StrengthFinder, an assessment included in the 2001 management book Now, Discover Your Strengths, which spent more than five-years on bestseller lists.

“I enjoy learning and I’m good at it, so while it may seem like my career has been all over the place, I haven’t just hopped around to hop around,” Freund said. “I’ve used the tools and skills I learned in the military and in every other aspect of my career, taking advantage of every opportunity and chance to learn.”

Freund is incredibly proud to work for an organization that appreciates service members, as evidenced by the Wells Fargo’s Veteran’s Team Member Network and its commitment to helping veterans, military members, and their families. This year, the Charlotte chapter of the Veterans’ Team Member Network is participating in the 2013 “Salute to Veterans” Parade, sponsored by the Carolinas Freedom Foundation, which will coincide with Veteran’s Day. Wells Fargo also recently announced the donation of 66 real estate owned (REO) properties to wounded warriors. The organization has also participated in more than 150 military job fairs and launched its Hand on Banking for Military financial education program.

Though her time in the Air Force has been instrumental in informing her approach to leadership, the mother of two doesn’t necessarily advertise to everyone she meets or works with that she spent eight years in the military.

“It’s funny, though,” the SVP said. “When new colleagues do find out, I always hear, ‘Now everything makes so much sense!’ I think the things I was taught in the military – integrity, honesty, respect, accountability for myself and for others – they’re apparent in everything I do and they’re attributes I try to pass on to every team I work with.”

sm_crain_elizabethBy Michelle Hendelman

Women can have incredibly exciting and rewarding careers in financial services and investment banking if that is what they want to do. Elizabeth Crain, COO of the global independent investment bank Moelis & Company, has worked her way through the ranks of investment banking and private equity during her career.

“I have been in the industry in many capacities over the last twenty-five years and have had to make some difficult career decisions during that time,” Crain stated. “One of the most critical moments in my career was when I met Ken Moelis, who had just joined UBS to run investment banking. I pitched him on the idea of creating a business development role which he bravely agreed to.” Crain recognized that making the leap to UBS was potentially risky – she had no title, job spec nor a clear career path in this new role – but she knew it felt right, and that she could leverage her experience in banking to help run a business on the management side.

Also, having met Ken, she was impressed and remembered an important piece of advice from a colleague who told her that if you have the opportunity to work with someone like him, take it. “This was without a doubt the most critical decision of my career,” added Crain, “and it took me down a different path that has been hugely rewarding.”

Early in her career, Crain entered the Analyst training program at Merrill Lynch after graduating from Arizona State University in 1987. She completed two year junior analyst program, then went on to earn her MBA from Wharton before returning to the financial services industry.

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sm_janet_hoffmanBy Michelle Hendelman

Although Janet Hoffman is proud of being a managing director of Accenture’s global retail practice, she does not take for granted the professional experience she gained working outside of Accenture on an entrepreneurial opportunity. “I liked the prospect of trying something very different,” said Hoffman, “and it was a great learning experience. I gained insight into things like the power of a brand, the importance of client relationships, and a different view of technology and various aspects of marketing, but I also realized what I missed most about Accenture which I call Intellect, Integrity and Investment in Innovation.”

Having the courage to take more risks is something that Hoffman wishes she understood the value of earlier in her career, but she has certainly proven that it is never too late to take your career off the beaten path as long as you leave a trail back to where you came from just in case you ever are asked or want to return. Hoffman explained, “Because I maintained so many professional and personal relationships with people at Accenture it was easy to come back to the company in this new role, which is to develop our most strategic client relationships in our Products operating group.”

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DrumrightLindaBy Michelle Hendelman

“My father was a long time IBM employee, and when I was in seventh grade he brought home a pamphlet describing the computer sciences career path at IBM. On the back it stated how this was a good career path for anyone who excelled in math and science, but it also indicated that there were few women in the field at the time,” explained Drumright.

She added, “It was at that singular moment and because of the statement on the back of the pamphlet that I decided to pursue computer science.”

Career in Technology

Drumright followed through with her plan and eventually graduated from UC Berkeley with a degree in Computer Science. Despite her father’s connection to IBM, Drumright set her sights on smaller tech firms in her job search immediately after college. “I wanted to work for a smaller company because I felt like it would give me a better understanding of how the business ran and an appreciation for how all of the different roles within a company work together to create a product,” explained Drumright.

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This week we are profiling amazing women in investment management ahead of our annual career panel event on the 5th November for women in the industry who want to make it to the top.

julie_gorteBy Michelle Hendelman

Julie Gorte, Senior Vice President of Sustainable Investing at Pax World Management is on a mission to save the world. Well, not exactly, but she does believe that by changing attitudes toward climate change and the environment on Wall St., she can make a significant difference. “I am interested in the intersection between climate science and investment,” said Gorte. “For a long time, portfolio managers and analysts did not see climate change as an issue they needed to be concerned with, but this is something I have been committed to changing since I entered the investment industry in 1999.”

Gorte completed her Ph.D. in Resource Economics while she was working full-time for the Office of Technology Assessment, a former government agency that advised congress on matters related to science and technology policy. When this agency was defunded in 1993, Gorte spent several years working for different non-profits before deciding to move to the private sector.

“I received a call from a recruiter about a position in sustainable investing,” said Gorte, “and it occurred to me that the guiding star in my career up until then in every position I held had some element of saving the world or at least doing something to help. I started working at Calvert Investments and then came over to Pax World several years after that.”

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