Our People Meet Piotr
Title: Business Analyst
Business Area: Operations
Location: Wroclaw, Poland
Joined Credit Suisse: August 2014
I grew up in a small town in Poland and came to Wroclaw to study at the University of Economics. I didn’t have a lot of knowledge about banking or business before I started, but my interest in finance grew due to my studies in economics.
A friend who works at Credit Suisse convinced me to apply for the graduate training program. He said this was an opportunity to put everything that we studied for five years into practice. I applied for the program and was accepted. After three weeks of general training, I started work within the Operations team and supported our asset serving teams. This is a two-year training program, but after a year I decided I wanted to get experience in another area. I was able to move over to my current position in the Loans Department, which is completely different from what I was doing before.
I work on trade settlements of syndicated loans. A loan is syndicated when a group of lenders join forces to provide a large loan to a single borrower but that is just the beginning of the story. When lenders want to buy or sell their positions in existing loans, those trades need to be settled. We manage that process.
In addition to my daily responsibilities, I also participate in training sessions, networking events and charity days organized through the graduate training program. I’ve been able to meet a lot of people at all different levels. During the holidays last year, a group of us went to an orphanage to make Christmas ornaments with the kids. I organized a similar event for the Easter holiday.
I’m coming to the end of my graduate program, but I plan to stay with my current team for another year. There is still a lot I can learn and do in this area. Eventually I would like to look for a position in a new location, both for professional reasons and personal reasons. One of the benefits of working for such a global organization is that there are opportunities to work in and explore roles in other cities and countries.
Typically, we start our work day by reviewing the trades that need to be settled during that day. My job as an Analyst is to work with my team to book those trades and settle issues that come up. Things tend to be the busiest at the beginning of each month and less busy near the end of the month. Everything we do is about teamwork. After one of us settles a trade, another person on the team checks our work. We are handling huge amounts of money, and dealing with entities and borrowers from all over the world, so working collaboratively as a team is essential.
When I leave the office, I try to have a completely different state of mind. I’ve recently taken up cycling. I’m not doing anything competitive – just riding for pure pleasure. I also play the guitar. When I was younger, I taught myself how to play, and was in a rock band with my friends. This was in high school, so it was a lot of Red Hot Chili Peppers and California punk. Now I play on my own, mostly to relax.