Every job certainly has its moments.
For Melissa Moore those moments have been positive ones of late.
Over the past year, JPMorgan'sTreasury Services has grown in everyway, including deposits, clearing volumes and trade revenue.
Is Moore lucky? If so, only as the residue of design, she says."JPMorgan was very well positioned through the crisis, and because of that there were a lot of opportunities," says Moore, who is responsible for $7 billion in revenue and 15,000 employees at the nation's second- largest bank.
A good chunk of business has come from corporate clients whose financial operations were hit by the crisis, and who now want JPMorgan to help them restructure their treasury operations and risk and liquidity management.
This kind of complex problem solving is what drew Moore to finance in 2001, when she joined what was then Bank One, after a career advising a wide range of corporate clients at PricewaterhouseCoopers.During that time she preferred to deal with financial institutions, whose intangible financial services were more difficult to understand, than with manufacturers who simply rolled their productsoff an assembly line.
"I am continually looking for a way to learn new things," Moore says. "I like challenges."
Women who have a similar appetite for challenges can find many opportunities on Wall Street these days, she adds. Changes created by the financial crisis have thrown many banking traditions into question, which opens the door wider for women. "We're in an environment of change-organizational change, management change-and that creates opportunities for women," says Moore, who is a mother of two. "Women should take advantage of that."