Tag Archive for: Voices of Experience

Voice of Experience: Frances Ni, Partner, Perella Weinberg Partners

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Frances Ni“When senior women get together, we tend to share our feelings about our work, but I encourage my peers to turn the support into action to help others,” says Frances Ni, a partner at Perella Weinberg Partners.

Throughout her career, mentoring others has been an important goal for Ni, given the support she herself has always received.

When Ni arrived in the United States from China, she didn’t have a clear focus for what she wanted to do so she did what many in a similar situation do: went back to school. Based on her exceptional scores, a professor recommended she enter an honors program, and she earned a full-time job in public accounting at PwC after an internship.

While she enjoyed her work auditing and conducting due diligence for M&A deals and partnering with clients, she decided that her public accounting career would benefit from a stint in the private sector to get an idea of that side of the business, which is how she began her career in asset management. She joined Perella Weinberg the year it launched in 2006, as one of its first employees, and in 2014 was named a partner.

A Talented Team

While she is proud of becoming a partner, she knows that her success has come in large part from a talented, cohesive team. “It’snot a one-man show, and I am proud that I have been able to recruit and retain such exceptional talent over the years,” she said.

Ni appreciates that the firm puts as much value on the back office as the front office, where revenue is generated and which is often the sole focus of many firms. In fact, the partner who nominated her said that when he raised her name, there were no objections. “Being named partner really made me feel all the hard work was worth it,” she says. “It’s the recognition and acknowledgement that I have achieved something important.”

Currently, one of Ni’s focus is working with the compliance team on understanding the industry’s changing regulatory environment and related reporting. She believes the industry is going through a fundamental transition. She finds her firm to be well positioned to weather what can be perceived as a costly and challenging change because they have been solid in the areas of regularly reporting. “I have heard others struggling with implementation but we have always run a tight ship,” she says. “While I believe that there will be challenges, higher entrance barrier and even consolidation in this business, it will ultimately come down to the strength of the organization.”

Advice from the Top

Ni knows that every step along her career path has made her a better professional. “While there are some things that I wish I had known earlier, looking back I am glad I didn’t do anything differently despite all the ups and downs. If I hadn’t made the mistakes, I wouldn’t have learned the lessons,” she says.

A lesson she thinks is vitally important for women to take to heart is to understand that they shouldn’t take criticism personally. “You can’t appear to be emotional,” she says. “Early on in my career I received valuable advice to always walk around with your head and chin up.”

Even with the strides that have been made, Ni sees thatwomen are underrepresented in the industry. Some are put off by what they perceive as a “boy’s club,” and others find that the intensity of the work, travel and hours take their toll.

She did not feel the effect of a “glass ceiling” at the beginning of her career. “I heard stories and warnings when I started in the industry, but at that time, I didn’t feel its impact. Maybe was a little bit ignorant and just jumped in,” she says. However, as she advanced, she started to see the pressure but believed the general environment, awareness and willingness to advance women in the industry “has improved compared to a decade ago.” She believes that if she focuses on the good, then she will find the good.

An Additional Layer for Networking Success

According to Ni, the professional women who preceded her and her peers pioneered a more female-friendly work place, and they owe it to them to continue.

“These women paved 2/3 of the way, but we need to do the rest,” Ni says. She believes that women can make a big difference by being more actively involved in networking with others, and to her that means going beyond inspirational speakers to something more actionable. While she knows that women can benefit from hearing about the path women took to achieve success, she thinks women need to go the extra step: how can women help each other beyond just sharing their stories.

Ni sees in her own company a focus on recruiting, retaining and developing women.

The firm started a Women’s Initiative a few years ago that is unique in its structure of inviting all the partners – male and female – to participate, which allows junior women to get to know the partners with whom they might not always interact in the course of a busy work day.

“This allows for more informal networking and a better working relationship in a situation where younger women might be intimidated by the partners,” Ni said.

Another way that Ni helps with retention of younger professionals is to allow them to take a course related to their position. “They appreciate that the firm wants to invest in them,” she said, adding that she is always dedicated to supporting her team with their professional and personal goals.

Outside the Office

With a husband who works in Boston, Ni focuses on quality time with her family whenever she can, which often includes travel. She is also very focused on education, having worked with Junior Achievement and other educational endeavors and is formulating plans to bridge the needs of schools in China and her current community to ensure that all children receive the education that will propel them to success.

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Jo Natauri, Partner, Investment Banking Division, Goldman Sachs

Jo NatauriWomen in the work force need to make an effort not to be so hard on themselves, says Jo Natauri, a partner at Goldman Sachs. “You have to accept that you won’t be functioning at 100% in all aspects of your life all the time. Sometimes you are a 100% mother or wife, and sometimes you’re 100% at your job, but often it will be somewhere in between. You have to be ok with pushing and pulling levers in your life, rather than going full bore on all of them at the same time. Frankly it’s a balance you have to acknowledge irrespective of your gender.”

Intersection of Healthcare and Finance

During her time as an undergrad at the University of Virginia, Natauri’s interests shifted from pursuing a career practicing medicine to one in finance. Working with a quadriplegic while in school, she was struck by the many difficulties he was having obtaining adequate medical care, as well as the financial means to cover it. “Seeing an accomplished individual still having these issues changed my course. I realized I wanted to be involved in healthcare in a meaningful way on the business side.”

Because of previous coursework, she had the flexibility to earn a degree in both economics and biology, and went into investment banking. Her plan when she started in 1998 was to spend time learning and understanding the business side and then eventually transition into policy, but instead she has spent her entire career in various roles in the healthcare business. She started at Goldman in 2006 as a vice president, and became a managing director in 2008 and partner in 2012.

Natauri is excited by her work on transactions in the sector with cutting-edge companies that are focused on helping people and curing diseases. “The altruistic component to the finance I’m doing is really important to me,” she says, “And, due to the profound changes in healthcare, the industry will continue to offer new opportunities.”

Passion = Success

Though Natauri has always felt a passion for the finance industry, she suggests young women who might be considering a career in banking recognize the demands the job may have on personal time. She says though work in investment banking can be all consuming, she likes working with smart people who want to make decisions quickly and produce the best work for clients.

She shares a passion for her work with the other women with whom she interacts in Goldman’s robust mentoring groups. “I was pleasantly surprised when I came here to see how important mentoring is, both formally and informally.”

She finds mentoring particularly helpful in addressing one of the main challenges she sees for women in the industry — the limited number of female role models at the higher levels. “If you haven’t seen a lot of women in senior positions, which I didn’t, you might feel pressured to mimic the few examples you do see instead of forging your own path, which can be challenging if that doesn’t match your personality,” Natauri said. “You have to figure out what success looks like for you, without having the benefit of a large number of role models.”

Natauri knows that success doesn’t come immediately, which also can be challenging when first starting your career. “When you’re young, you are promptly rewarded for good grades and hard work, and then you find when you enter the corporate world that it’s not as linear,” she says. “You have to have patience that your trajectory will take off.”

A Heart for Kids

Natauri spends much of her time away from work with her husband and their three children, ages four, two and one. She was also formerly on the board of a nonprofit organization called Everybody Wins, which she describes as a cross between literacy advocacy and Big Brothers/Big Sisters. The organization brings professionals to low-income schools to mentor and read to kids. “I’m a practical person at heart so I really appreciated its mission of getting busy people involved in an impactful way with the limited time they have available.”

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Voice of Experience: Betty Ng, Senior Vice President, Corporate Development, Moody’s

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Betty NgFulfilling careers may evolve as a lattice rather than a ladder, believes Betty Ng, senior vice president for the corporate development team at Moody’s. “You have to be open to different opportunities while still being true to yourself. Your career success is often heavily attributed to the efforts of others, so in turn, I believe you have a responsibility to help others.”

Ng’s high school career vision was to pursue the field of international corporate law, which combined a variety of elements that interested her. Though she ultimately chose a different journey, she was able to create a career that still mirrored those interests through seeking challenging, fulfilling leadership roles at international firms.

After earning a B.A. in Economics with a focus on international relations from Stanford University, she began her career with Arthur Andersen in the San Francisco and Beijing offices. Though she earned her CPA license, she didn’t want to devote her career to accounting, so she attended Harvard Business School for an MBA to enhance her general management and leadership skills, and then worked at Amex managing product and international program office initiatives.

Career Success through Networking

In 2004, a friend referred her to Citigroup where her interview catapulted her into an M&A execution role. This was an early lesson in being open to any opportunity, since although she had never thought about a career in mergers and acquisitions, the hiring manager convinced her that she had all the skills and experience she needed to be successful, including finance, international business, leadership, project management and foreign language. In fact, Ng found it to be the perfect role to leverage her skills and interests.

After a brief hiatus to be with her children, a former colleague at Citigroup hired her into Moody’s where she is now a senior vice president for corporate development, leading M&A and other strategic initiatives.
This experience leads her to offer the advice to women toalways be at your best since you never know who’s watching you and when your paths will cross again.And that means that in addition to delivering great work products, you have to focus on building relationships and expanding your networks.

“You want to be the first person someone thinks of for that job or assignment that can help you advance your career,” Ng says. She believes a crucial element of that is executive presence, a skill she believes can be learned and developed. “Have an open mind about enhancements that can impact your personal brand and success,” she says.

“Paying it forward”

Diversity is very important to Ng, who appreciates that Moody’s has a wide variety of programs and initiatives to support a diverse workplace, from women to LGBTA to multiple cultures to veterans.

Ng devotes time to two important groups: she is co-chair of Moody’s Women’s Employee Resource Group in New York and is concurrently working with other Asian professionals to develop an initiative to further develop the Asian talent pipeline in the company.

Her focus as co-chair of the Women’s ERG is to deliver strong content in the areas of networking and professional development, which involves collaborating with her co-chair and subcommittees to develop programs that cover a spectrum from Lean In circles to fantasy football groups.

Ng also highlighted Moody’s leadership programs for women, including a Senior Women’s Leadership Forum, which she will participate in later this year, and other programs which help participants refine their skills and gain visibility across the company.

Ng is grateful that Moody’s sponsored her attendance at the Stanford Business School Advanced Leadership Program for Asian American Executives in 2013, which she describes as an incredible professional development experience that inspired her desire to focus on developing the pipeline of Asian talent at Moody’s. While the effort is still in its early stages, its goals are to reach out to Asian talent and help senior professionals impart their experience and “pay it forward” as role models. They have held a pilot speed mentoring program and look forward to other initiatives as the group grows.

She feels that it is important for organizations to raise awareness of unconscious biases and overcome leaders’ tendencies to hire and advance people who are more like themselves rather than gaining the benefits of a more diverse pool of candidates. “Also, a lack of role models can create a psychological barrier for women, who may feel that achieving higher ranks is too difficult.”

In fact, she cites her ability to meaningfully “pay it forward” by co-chairing these groups, while still performing well at her demanding position, as the professional achievement of which she’s most proud.
Family First

Ng credits much of her success to her mother, who has served as an impressive role model by balancing family with an impactful career. A widow at 32 with four young children, she has devoted decades of her life to her career as a social worker and was recently recognized as a pioneer by the Chinese American Planning Council (CPC) for her contributions to the community. Ng had the honor of speaking at the awards event.

Having benefited greatly from CPC’s programs, Ng sought and received a grant from Harvard Business School in 2001 that allowed her to establish a sustainable youth employment program for CPC. “It was an incredible experience to help impact the lives of underprivileged youth,” she says.

Ng treasures her time with her seven-year-old daughter and five-year-old son, particularly relishing morning drop-off time and evening reading time. “My goal is to focus on my job during the day and have real quality time focusing on them when I am home.”

By Cathie Ericsson

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Voice of Experience: Donna M. Parisi, Partner and Head of the Asset Management Group, Shearman & Sterling LLP

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Donna Parisi“People sometimes ask me, ‘If you could do it all over again, given your practice focus in the financial services area, would you be a banker as opposed to a lawyer?’ I would be a lawyer. This is a particularly exciting time to be a lawyer, with all the regulatory changes, and my clients rely on me to provide counsel and advice,” said Donna M. Parisi, Partner and Head of the Asset Management Group at global law firm Shearman & Sterling LLP.

Parisi’s practice deals globally with derivatives, structured products, securitization, capital markets and commodities, as well as regulatory, risk management, and compliance counseling. It is an area of great interest, and her advice is in high demand.

She explained, “My clients need help navigating complex regulations– especially in light of Dodd-Frank. We’re in a period of great change. There’s a lot happening out there.”

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Voice of Experience: Eliza Swann, Partner, Shearman & Sterling

Eliza SwannEliza Swann, a partner at Shearman & Sterling, says that her interest in law and her interest in M&A developed in two wildly different ways: the first was a matter of design and the second was a matter of happenstance.

“I wanted to go to law school for as long as I can remember, but ending up on the M&A team at Shearman & Sterling was a bit of an accident. I had never considered a business transactional type of career,” Swann said.

It’s funny how things turn out. Swann, who became a partner at Shearman & Sterling in 2007 after eight years with the firm, works on domestic and cross-border deals. In recent years, she has worked on several of the highest-profile M&A transactions in the world, including last year’s acquisition by Liberty Global of Virgin Media in a $23.3 billion transaction.

As an associate just out of law school, Swann found herself on Shearman & Sterling’s M&A team, in large part because she had clerked for the Delaware Supreme Court. Because so many companies incorporate in Delaware (more than 60 percent of Fortune 500 companies are Delaware companies), it is a major venue for business law litigation, with a judiciary that is extremely sophisticated in reviewing corporate law issues. Swann’s clerkship gave her valuable insight into issues fundamental to a transactional practice.

“I was so lucky to have been offered the clerkship and accepted the position without realizing how truly interesting the work would be,” Swann said. “About halfway in, I decided that I wanted to work in a New York firm with a strong M&A practice. I got the job at Shearman & Sterling and have been interested every day since.”

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Voice of Experience: Seble Tareke-Williams; Managing Director, NYC Interborough Fund; Emmes Asset Management Company LLC

Seble Tareke-Williams-thumbSeble Tareke-Williams describes her professional path as nontraditional, but each step has been vital to creating her current career, which combines her real estate investing acumen with her passion for community development.

She started her post-college career at a social policy think tank before running an economic development program at Pratt Area Community Council, a neighborhood-based community development organization. That’s when Tareke-Williams realized it was necessary to acquire solid business experience for her next career step, whether she decided to transition to the private sector or progress to a more senior management level in the nonprofit sector.

She decided the most expedient way to make a professional pivot was to earn a graduate degree in business and chose Harvard Business School because of its strong focus on leadership across disciplines, combined with the opportunity it provided to network with people across a broad spectrum of professional and cultural backgrounds. “As a career changer, I also felt it was important to attend a top-tier school; that I would benefit from that extra stamp of approval,” she says, although she adds she doesn’t think this route is necessary for everyone.

While at Harvard, Tareke-Williams was named a fellow by the Robert Toigo Foundation, which works to advance the development and careers of minority MBA talent seeking careers in finance. Toigo allowed her to build a greater network with peers across business schools. “Toigo has such a great reputation in the industry for its strong caliber of fellows so I felt the Foundation offered an extra level of credibility.” She says the Toigo Foundation was influential in landing her internship at GE, and later for the number of interviews it helped coordinate, including with Emmes, where she has been since graduation.

I find that women are naturally bolder when we’re representing the interests of others, including our firms’, because it’s how we’re built. We feel more comfortable in that role. But we need to exude that same level of confidence and boldness when representing our own interests

Real Estate Fund Combines Her Interest in the Public and Private Sectors

Tareke-Williams decided to focus on real estate based on the exposure she had received at the community development organization prior to business school.

Emmes acquires, manages and sells commercial real estate on behalf of institutional partners, primarily domestic pension funds. While at Emmes, she’s been involved in asset management, capital raising and acquisitions and takes pride in the depth and range of her professional experience.

“The diversity of assignments I’ve undertaken has made me a better leader; it’s allowed me to be able to have meaningful context when making decisions. And ultimately, that’s just as important as your innate abilities. Your experiences are what make you an expert in your field.”

She currently manages the Emmes Interborough Fund that is solely focused on markets across New York City that have historically lacked institutional investment, namely Brooklyn, the Bronx, Queens, Staten Island and pockets of Manhattan.

“When you think about the attributes of these markets within the context of the entire United States, there are tremendously positive fundamentals, including density and cultural value.

“I’m going back to my professional roots as we bring institutional dollars to these markets. It’s exciting to think about the economic development implications of investing in these markets, while still working within the private sector,” says Tareke-Williams.  She notes that while the primary goal, of course, is to make money on behalf of pensioners who are investing, there is also the secondary positive impact on these communities. “It is a great marriage of the two phases of my career.”

She finds the real estate industry to be in a fascinating phase given several economic trends such as technological growth. Technology is changing where and how people work: technology increases worker mobility and productivity which impact space utilization as, for example, the average square footage dedicated per worker is decreasing. And the growth of technology firms, as well as other high-growth industries like media, are attracting workforces that value working and living in culturally relevant urban markets that foster creativity and business development such as the ones that the Emmes Interborough Fund invests in.   These residential population and workforce shifts are creating resurgence in the outer boroughs of New York City.

“Real estate is fascinating because it touches every aspect of your life- where you live, work, and play.”

Confidence Will Lead to Success

Tareke-Williams knows that the No. 1 asset a professional needs is confidence – in your own work, ideas and perspective.

“I find that women are naturally bolder when we’re representing the interests of others, including our firms’, because it’s how we’re built. We feel more comfortable in that role. But we need to exude that same level of confidence and boldness when representing our own interests,” she says.

She notes that the men with whom she interfaces are more transparent about their own interests – they tend to be clear about their personal intentions, including making money. She finds they’re not shy about it, and in return they more often get what they want.

“When we represent ourselves well internally, that also raises our value to the firm. The assumption being that if you can represent yourself well, that you will also represent the firm with conviction.”

Striving for Balance – In All Areas

Though her company, as a boutique firm, doesn’t lend itself to having robust, scaled programs dedicated to diversity, she has always felt supported by the firm’s leadership who encourage her to develop and retain a strong external support network. She is active in WX, a group of women executives in real estate, as well as the Toigo Foundation.

Tareke-Williams has three daughters, soon to be ages two, four and seven. She spends as much time with them as she can, but considers balance to be about more than work and family. She is proud to have come full circle and be engaged at a deep level as the board chair of the non-profit where she worked prior to business school. “No matter how busy I am with my work and family, I won’t feel complete unless I’m also involved in community.”

And even with all that on her plate – or maybe especially because she has all that on her plate — Tareke-Williams knows that she has to make a little time for herself. She does that through training for races and is especially looking forward to an upcoming all-women half-marathon.

By Cathie Ericson

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Voice of Experience: Jessica K. Delbaum, Antitrust Partner at Shearman & Sterling LLP

By Cathie Ericson

delbaumjessicawebAccording to Jessica K. Delbaum, a leading antitrust partner at global law firm Shearman & Sterling LLP, plotting a successful career path involves looking beyond the expectations of an entry-level position and determining if you’ll be excited by future prospects in the practice you pursue. “Look ahead at what senior practitioners are doing, because you won’t be at your current level for long,” she advises. “Make sure it’s fascinating and rewarding.”

Delbaum took her own advice to heart when she pursued her career path in the antitrust field. As an undergrad, she majored in economics and philosophy, but decided to start her career as a legal assistant, joining Shearman & Sterling right after graduating from Columbia College. She quickly realized she had found her calling and went back to school at Harvard Law. She spent her first summer in the criminal division of the U.S. Attorney’s office in the Eastern District of New York, but an antitrust class she took in her second year of law school provided much-needed career direction. “I was almost immediately won over by antitrust’s complex and stimulating mix of corporate law, litigation, criminal work and business – all in one body of law,” Delbaum recalls. Soon after, a stint as a summer associate, with an emphasis on antitrust, confirmed her interest in both its theoretical and practical applications.

After law school graduation, Delbaum began her career as an Attorney General’s Honors Program Attorney in the U.S. Department of Justice Antitrust Division in Washington, DC. She says, “It was a phenomenal experience, working with an incredible group of attorneys and economists, including many women in leadership positions.” Delbaum also recalls having the unique opportunity to depose a Fortune 50 CEO in her first year of work.

After a few years of rewarding work at the DOJ, she missed New York and decided it was time to try private practice. She joined Shearman & Sterling in November 2004 — first as an associate and then becoming counsel and ultimately a partner.

Today, the most rewarding part of her job is helping clients achieve their strategic goals as they navigate the complexity of the antitrust realm. “We use different tactics depending on their goals,” she explains, “so my job is to listen carefully to the client and then apply my knowledge and expertise to help them make practical choices and achieve their objectives as painlessly as possible.”

Currently she is wrapping up a multi-billion dollar pharmaceutical transaction and juggling several other client assignments. She says, “I love substantive, complicated issues, and I find the more I delve into any industry – whether it’s industrial gases or medical devices – the more interesting it gets.”

The legal industry itself continues to fascinate her as companies realize that antitrust issues extend far beyond U.S. borders to incorporate international factors. Today, for example, completing a significant merger transaction will likely involve discussions with antitrust agencies from all over the world – a specialty for her and for Shearman & Sterling.

Changing Expectations
Stepping back from her client work, Delbaum sees a changing face of Big Law and an ever-evolving way of servicing today’s clients. She has seen shifts that extend from client expectations to the expectations of incoming lawyers. Successful practitioners, she says, will learn to navigate these different stakeholders.

This has a significant impact, in particular, in the way that young lawyers work, especially in their emphasis on work-life balance. “Incoming associates are typically very tech savvy and adapt well to our fast-paced work environment, but work isn’t everything to them,” Delbaum says. “They crave a more well-rounded life and experience, and the challenge is to see how that dovetails with private practice and the needs of our international clientele and the pace of our transactions.”

She cites the issue of clients with pressing problems – often in multiple time zones – and the lawyers who also want some balance in their life. That equilibrium is both helped and harmed by technology – on the one hand, you can take care of what you need to wherever you are; conversely, no one is completely unplugged and it’s more difficult to carve out that sacred personal time.

“It used to be we’d have a week to sift through new documents and offer recommendations; now we get something at 4 p.m. and clients often want feedback the next morning – in whatever time zone they’re in,” she says. “As a partner in the firm, my role is to service our clients and also to help newer associates learn how to find a balance.”

Helping Associates be WISER
Shearman & Sterling offers a wide variety of career development opportunities, many of which Delbaum helps oversee. She is one of the co-partner advisers for the firm’s Women’s Initiative for Success, Excellence and Retention (WISER) – a group that was initially internally focused but has become increasingly focused on business development and other external factors. She is also co-chair of the firm’s global Associate Development Partners Committee, responsible for development, training and mentoring of the firm’s roughly 600 associates worldwide.

In addition, Delbaum is active in the firm’s efforts around Sheryl Sandberg’s Lean In movement. “We were one of the first firms to join the movement, and we learned very quickly that the challenge was how to make it actionable,” she says. The firm developed a program offering “Lean in Resource Partners,” of which Delbaum is one. We have regular sessions with both male and female associates.; the meetings typically feature a video and discussion, followed by a break-out session, and concluding with a group session to report valuable take-aways. “This has been a hugely successful endeavor that has helped facilitate better camaraderie and enhance careers and daily interaction,” she adds.

Internal and External Networks Key to Success
Over the years, Delbaum has learned the importance of developing both her internal and external networks. While she spent the early part of her career focusing on internal network building as a natural extension of her role, she wishes she had also focused on expanding her external associations. She advocates that newer practitioners network not only within their narrow area of expertise, but also within the larger legal and business community.

And she feels that the challenges apply equally to women who are her peers and those starting their journey. “We are great resources for each other,” she says, “and we need to take advantage of any opportunities to mingle our professional groups to help nurture potential business contacts.”

All Work, No Play…
Delbaum readily admits that one of the perks of her globe-trotting career is the opportunity to visit places she otherwise wouldn’t. She takes advantage of her robust travel schedule to blend in personal travel as well — a recent client trip to South Africa ended with a memorable two-day safari.

“Since I have to travel so extensively for work, why not combine it with some fun when I can?” she says, noting that travel experiences are also beneficial for building connections. As an example, she cites a Japanese client who had sent her a holiday card featuring a print from renowned Japanese artist Hokusai. She happened to mention to the client that she had just seen an exhibit of his work in Paris over her holiday vacation, and that spurred an extended conversation and a closer client relationship. “I Iove to travel, and it really can open other doors,” she says.

In addition, Delbaum makes time for yoga, both for the physical aspects and her burgeoning interest in the mental benefits of the meditation period at the end. “It’s good for body and soul,” she says.

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Voice of Experience: Candace Ewell, Principal, PwC US

Candace Ewell“Be open to a career that isn’t exactly what you thought it would be. I don’t know that anyone can predict the opportunities and challenges they will face when they are only 18 and in college,” says PwC’s Candace Ewell.

And that is particularly sage advice coming from a current PwC principal, who spent the first seven years of her career as a nurse. Ewell thought that the healthcare industry would be her career path, but when she decided to go to law school with the goal of studying health law or health policy, a core tax class piqued her interest. “I had a lot of fun in tax; I really enjoyed my professor and the content. It was the first law school class that I really connected with,” she says.

When she returned for the third year, her professor offered her guidance on finding other tax courses and she ended up continuing straight through to complete her Master’s of Law (LLM), in part, she says to prove how serious she was about tax.

After graduate school, Ewell took a position at the IRS Associate Chief Counsel corporate division. While she appreciated the foundation it gave her in understanding the IRS and how regulations and guidance were promulgated, she also felt she was missing the bigger picture on how taxpayers work to be compliant, so she decided to move on.

Ewell’s next stop was in the Office of Advocacy at the Small Business Administration, where she was involved in new ways of thinking about compliance for smaller businesses. While there, she learned all she could from that perspective, but felt the isolation of being the only tax person and decided she wanted to be in a larger community of professionals. She found her home at PwC in mid-2007. “It was a challenging environment to get lots of experience quickly at a faster pace and higher level. It really was a lot of fun.”

In July 2013, she was named principal, which she considers the professional achievement she is most proud of. “I didn’t come to the firm thinking it was an option; I was just looking for an interesting community and challenging work, so being able to achieve this honor is very gratifying.”

Right now she is thrilled to be at the forefront of a new wave of information reporting, a broad subject that has developed over the past years to become more global. She has watched foreign governments embrace information reporting to help improve global compliance. “I get to talk about what I do every day to people and governments that never considered they could ask for so much information. Here in the United States, we have a culture where tax compliance is expected, but it’s not that way everywhere.”

She sees the Foreign Account Tax Compliance Act (FATCA) as having a big impact worldwide. Other new regulations, including basis reporting which follows the sale of securities, that will continue to dominate her work are also of significant impact. Of particular interest to her are the information reporting requirements for payments made on the Internet. “It is fascinating to learn how Internet commerce works and how they engage with their customers and clients.”

“Merging Gracefully”

Ewell learned an important career lesson from her first start in the nursing field, the art of “merging gracefully.” In other words, she says she would often approach a new challenge with the belief that she could bring a new perspective and that she knew as much as other, more established professionals. “That got me in trouble when I assumed I knew more than the people whom I reported to. Through this journey, I’ve learned that when you’re starting a career, you’re excited and focused and yearn to make a big impact. But it’s a matter of picking your spot — you have to see that you will have the opportunity to bring perspective, but you can’t start with the ‘bull in the china shop’ mentality.”

Her other advice to those beginning their careers is to have patience and let your career develop. “We let go of some of our goals and desires because we ‘quit early,’ putting them to the side before we get started. You have to be open for how opportunities will present themselves.”

Ewell says that one of the reasons it was an easy decision to come to PwC was its mentoring program, which includes both a coach and relationship partner. “In addition to the fact that this was a community of high-achieving people, I knew that it would be useful to have designated points of contact to call on and help me get to the next stage of my career.” She says that since she is a bit of an introvert, she finds one-on-one coaching to be the most valuable, among the many other programs PwC offers for women in the workplace.

And she says that she takes seriously the charge to now give back to both women and men and facilitate the opportunities for them to meet their goals. “I try to be as candid as possible about how the firm works and the types of experiences people need to meet their goals. I was lucky enough to have people do that for me and I want to do it for others.”

Carving out Time for Renewal

And, as careers mature, she said it’s key to remember that this is high-pace, high-demand work, and it’s vital to carve out time to renew and take care of yourself, something she thinks all women struggle with.

For Ewell, that renewal comes when she carves out time for her family. Married for 20 years, she has an 11-year-old son who is a swimmer, so they spend lots of family time at the pool. Another favorite family activity is delivering food to seniors together because as she knows, anything you do together becomes family time.

By Cathie Ericson

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Mylan Denerstein

“Generally, people want to help you with your career, but you have to ask. Anybody can be your mentor, but you can’t let your fear of rejection get in the way of asking for help, or asking for advice.” – Mylan Denerstein

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Voice of Experience: Laura Sanchez, Managing Director, Private Wealth Management, Goldman Sachs

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One of the most important lessons Laura Sanchez has learned throughout her career is the importance of being yourself.Laura Sanchez

Sanchez, now a Managing Director in Private Wealth Management at Goldman Sachs, found that by allowing her unique personality to shine, she was better able to connect with clients, which ultimately helped her career.

“When you’re new – and I had also switched industries – you may be anxious about fitting in and looking like everyone else or acting like everyone else. But trying too hard to fit in can stifle who you are.”

She continued, “To not be yourself for the majority of your day creates a lot of stress.”

Ultimately, she says, authenticity was her key to a more fulfilling career. “When I’ve been true to myself and let my own light shine through, that’s when I’ve been my best. That’s when I think the success started,” she explained.

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