Name: Beth Suvak
Title: Vice President
Education: MBA NYU Stern, Major: Finance and Management

Beth Suvak

What advice would you offer prospective candidates on transitioning from school to the workplace?

It is important to remain flexible and make the most of opportunities as they present themselves. Be sure to speak with your manager up front to outline what your goals for the rotation are. My experience has been that managers are very willing to try to tailor your projects, within reason, to meet your goals. Also be active in seeking opportunities to get involved in new projects and to meet new people. And do not be afraid to ask for help when needed.

Describe the most memorable experience you've ever had at Citi.

After weighing the number of different alternatives, I decided to do my rotation in Japan. While I was there, Citi’s Japan banking operations converted from a branch to a locally incorporated bank subsidiary, the first time this has ever been done in Japan by a foreign company. Also, Citi completed the acquisition of 69% of Nikko Cordial in one of the largest foreign acquisitions of a domestic company in Japan’s history. Being involved in initiatives like these has provided me with experiences that would be hard to get elsewhere.

How would you describe your team and the people you work with?

In my time at Citi, I have worked with a number of different teams and people on various projects, and all have been very positive experiences. The quality of the finance professionals within the company is very high. People are always willing to help out and to take the time to explain projects and new concepts. This is particularly important to people who are within developmental programs like the FMA program. My co-workers have always understood the importance of the program and do what they can to make sure I am broadly exposed to different members of management and a variety of projects, so that I can get the most out of all my experiences.

How do you apply your degree to what you're doing now?

I think that I use some aspect of my degree on a daily basis in my work. At business school, you are given the basic tools in finance and business in general, such as how to analyze financial statements and evaluate a business. You learn the theory about finance, accounting, statistics and economics. In addition, you gain valuable experience working in different team situations, and learning how to most effectively work with a variety of people. This has all been applicable on the job, as I build on this foundation to form a practical well-rounded skill set. I have performed statistical regressions to analyze credit sensitivities to various macroeconomic variables, completed pro forma analyses given the impact of potential acquisitions, and determined the required level of capital to hold on the balance sheet of a newly created subsidiary. My MBA degree provided me with the base skills to effectively and efficiently complete these tasks.

How did your summer internship help you make the decision to pursue a career at Citi?

I was lucky to have the opportunity to complete my summer internship in the Consumer Risk Capital Group as part of the Financial Management Summer Associate program. As an intern, I was able to network with a number of people in the finance community, including the other interns, which gave me insight into the broad range of career opportunities that were available within the finance function at Citi. After seeing first hand the quality of the people and hearing about the great experiences that others were having as well, it was an easy decision for me to join Citi after graduation.

What do you enjoy doing outside work?

Outside of work I enjoy staying active and exploring my surroundings. Living in New York provides an abundance of possibilities in this regard, with its many museums, restaurants and Broadway shows, among many others, and I try to take advantage of most of what the city offers. I also have a bit of a travel bug, and love to explore the culture and history of other countries. Doing one of my rotations in Japan allowed me the opportunity to see as much of that country as possible and to immerse myself in some of its unique traditions.

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