“Sometimes life is going to hit you in the head with a brick. Don’t lose faith.” – Steve Jobs, at the commencement speech at Stanford in 2005.
It’s sometimes hard to see what challenges and setbacks will do for your career, but in this very personal and articulate presentation, Lisa Dunsky, senior compliance officer at OCC, describes how tragic events can transform your skill set and your career.
Speaking at the MarketsWiki Education World Of Opportunity event in Chicago in 2016, Dunsky tells the story of the October 2005 Refco meltdown, the publicly traded brokerage firm that went bankrupt after its CEO, Phil Bennett, covered up $430 million in customer losses and debt. Bennett and other executives were convicted and sentenced to prison for securities fraud, including her boss and mentor at the outside law firm she worked for that represented Refco. Devastated, Dunsky learned from the experience in the most unexpected places and built a career path that led her to her current role today at OCC.
“This brick that just hit me in the head, of losing my mentor, was going to teach me something I don’t think I could have learned any other way.”
She learned how to pick herself up, build on the skills needed to succeed in the derivatives industry and deal with other bombshell events such as the MF Global bankruptcy and Lehman Brothers’ collapse.