Boys Learn About a Life in Finance
Thursday, 10 January 2019
Returning to his former school, Terance Li offered up a fascinating insight into a career in finance. Terance told of a rewarding and well remunerated life which had allowed him to live abroad but also spoke of the long hours and weekend work which come with it. He said it is a career that is intellectually stimulating and he has over the years developed a wide range of capabilities, including consulting and programming skills. Having worked in several cities around the world, it was Terance’s view that people, certainly in a professional work environment, are essentially the same but do exhibit cultural differences.
Terance was inspired to return to speak to pupils by the memory of hearing an Old Boy speak to the Lit & Deb Society whilst he was at School. Addressing an audience of Senior Boys who were members of either the MUN or the Lit & Deb Society, Terance recapped his educational and working life to date. After leaving Bolton School Sixth Form in 2000, he studied Economics at the ‘very international’ London School of Economics before joining Deloitte Wealth Management where he was initially based out of Manchester. In 2005 he moved to London and Zurich branches before taking up a new role at Barclays Investment Bank from 2009–2011. He then spent two years with the Bank of England and Financial Services Compensation Scheme before moving to HSBC in 2013, where he has since worked in both London and New York.
Terance told the audience about the importance of undertaking internships and work experience and recalled his own time working for Chorley MP Lindsay Hoyle in the summer of 2001 and his time with the Foreign and Commonwealth Office at the British Embassy in Cairo. Considering the job application process, he told boys that he is looking for someone who is intelligent, hard working and a good team player when he interviews candidates.
A questions and answers session closed out the event and Terance was then delighted to join boys in the Dining Hall for lunch.
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