Karriere bei Deloitte
My job as director at Corporate Finance
”The thing I enjoy most about my job is the feeling of making a difference. It is very satisfying to help find solutions for businesses that are really struggling.”
Ben, what is your current position at Deloitte Austria? How would you describe Corporate Finance to a student who wants to join Deloitte?
I am a director at Deloitte. In Corporate Finance, we support corporates and stakeholders with transactions and during periods of corporate change. For example, we advise buyers and sellers of businesses or assets and we also help management teams and banks deliver corporate restructurings. My focus is advising banks, including advising lenders when they are selling loans, either as a portfolio or on a single-loan basis. I also support companies and banks during corporate restructurings.
What does a typical working day look like for you?
Every day is different. However, most of my days involve a lot of people and client management: reviewing and commenting on draft reports; updating clients on the progress of our projects; and finding solutions for any problems that may arise. In addition to that, I also spend much of my time speaking to potential work-providers.
You have been doing this job for about fifteen years now, what would you say are the most exciting aspects of it? What have been your highlights so far?
There have been a lot of highlights. What I enjoy most about my job is when I feel like I am making a difference. One could say I do not work at the sexy end of business as I do not deal with big mergers of successful blue-chip businesses. I, on the other hand, think that it is far more exciting to help a business which is really struggling, with a real problem and maybe a big workforce that run the risk of being made redundant. It gives me a huge satisfaction knowing that, say, 10,000 employees are able to keep their jobs because of the work I and my team do – I find this incredibly motivating.
What would you say is the most difficult part of your job? What difficulties do you encounter?
The most difficult part of the job is trying to balance all of the approximately fifty different competing things I should be doing every day. I also have to make sure I have enough time for my team, to give them feedback to help them develop and grow. Managing yourself and your time is hard, but for me it is also part of the fun, if I had a job where I was not busy or where I was in complete control over what happens all the time, that would be pretty boring for me!
What are the main differences between working in the UK and working in Austria?
The first thing I noticed was that everybody takes lunch break, which is very civilised. In the UK people would just get a sandwich and eat it at their desk! I also noticed that in Austria people tend to work later hours, probably because they take lunch breaks.
What would you recommend to someone who wants to apply for a job at Deloitte in the team of Corporate Finance?
In general, we are looking for highly motivated people who are willing to think for themselves and are self-starting. Having the right academic qualifications is helpful, but: attitude and personality; being a team-player; looking for solutions rather than problems; people with inquisitive minds … that is what we’re really looking for.
About Ben Trask
I am a graduate from the London School of Economics, where I studied accounting and finance. After graduation I started working in London and qualified as charted accountant, which in Austria would be a “Steuerberater” or “Wirtschaftsprüfer”. After gaining that qualification I worked in Bermuda for about three years focusing on financial restructuring and financial services. When I came back to the UK in 2007, I joined Deloitte Restructuring Services in the south-west of England where I worked for five years managing restructuring cases, insolvency cases and performance improvement cases. Then I spent nine months working in Dubai on the restructuring of Dubai World. In 2012, I was promoted to Director in the UK and now I am here in Vienna, also as Director of department Corporate Finance building our restructuring team with a particular focus on the CEE region.