Important Treasury Career Lessons with Karen Molloy
#205: Important Treasury Career Lessons with Karen Molloy
with Mike Richards0:00
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About this episode
There’s a lot to be learned from books, from mentors, and your peers, but the best teacher of all is experience. That’s why this episode from way back in January 2020 is just as relevant today as it was when we first aired it. Yes, we’ve dug back into our archives once again to revisit a knowledge-packed episode with Karen Molloy, Vice President & Treasurer at Northwestern Mutual Life Insurance Company. Karen delves into the numerous lessons she’s garnered over the span of her 30-year treasury career. She highlights a can-do attitude and the ability to embrace new opportunities as one of the many things that have helped her get ahead. We’re interested to see what’s changed for Karen in the past couple of years, especially considering recent global developments such as the COVID-19 pandemic. Founded in 1857, Northwestern Mutual was founded as the Mutual Life Insurance Company. Headquartered in Milwaukee, the financial security company provides consultation on wealth and asset income protection, education planning, retirement planning, investment advisory services, trust, and private client services, estate planning, and business planning. The company holds more than $125 billion of client assets as a part of its wealth management company and investment services.
On the podcast, Karen Molloy and I discussed…
- Why working in a mutual company is beneficial
- The upside of taking a holistic approach to treasury
- How accommodating a broad perspective helped Karen advance her career
- How treasury has evolved over the space of 30 years
- Why treasurers should never slack on development
- The role of technology in the advancement of treasury
- Karen’s leadership style and advice for recruiting great team members