The new mother leaving Morgan Stanley for a JPMorgan ED job
In an ever progressing finance industry, the difficulties of parenthood while balancing a demanding career can be a challenge, especially when maternity or paternity leave and the potential of being labeled an underperformer is involved. One technology operations professional has been able to not only return, but secure a swanky new job at JPMorgan too.
Rachel Trapanese joins JPMorgan as an executive director within the bank's cyber technology and controls division. She spent the last six years at Morgan Stanley, first as a VP in tech and information risk before an executive director promotion and move to tech and operations risk. She also spent eight years at big four firm PwC, whom she joined after graduation.
Trapanese spent two and a half years as an ED at Morgan Stanley, but six months of it was spent on the sidelines, filling out her maternity leave. She returned in January then left in May for her new hybrid role.
She's not the only woman to return to the office in style. Goldman Sachs MD Rebecca Anderton-Davies, who runs the firm's digital ETF platform in EMEA, says the year she "worked the fewest hours" was the one she "returned from maternity leave and made MD." That doesn't mean everyone can survive parenthood in finance. Some have to leave the industry altogether to care for their children.
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