Welcome back to one of my favorite blog series, ‘Girl Banker in the Making’! The purpose of this series is to highlight young women just getting their start in the banking industry as a means to motivate other young women to consider banking as a career path. The best part about ‘Girl Banker in the Making’ is that the post is authored by the young woman being highlighted in an effort to journal her own girl banker story.
Alyssa Hermann | Commercial Lender | Presidential Bank
I was born and raised in St. Louis, Missouri. I graduated from Saint Louis University with a BSBA in finance in 2013 and an MBA with an entrepreneurship concentration in 2014. As a Billiken, I had the chance to study abroad in Rome and Hong Kong, work in the Office of Admission and for the Institute of Private Business and serve as a member of Delta Sigma Pi business fraternity.
Throughout high school and undergrad my plan was to get involved with the local construction company that my grandfather started in 1972 and my dad was running at the time. I grew up around this business and worked there for seven summers during 2005 – 2012. I saw it as a great opportunity and was confident I could be successful in the male dominated business.
In the middle of my MBA program, my family decided that my dad would sell his interest in the business and exit the company. I had a front row seat to the challenging dynamics of family businesses while I worked to put “Plan B: Financial Advisor” in place.
After a financial advising internship followed by a year in an internal accounting position at a wealth management firm, I was recruited to fill a commercial credit analyst role at Parkside Financial Bank & Trust. Parkside is a community bank that was founded in 2008 and caters to the privately-held middle market commercial and industrial lending space. It was a privilege to begin my banking career surrounded by top talent and incredible mentors in an engaging culture of collaboration and transparency. I spent three years at Parkside and ultimately advanced into a Commercial Banking Officer position before relocating from St. Louis to Washington, DC in May 2018.
The DC market is heavily focused on real estate, government contracting, and non-profits compared to St. Louis which is more manufacturer, distributor, and service provider centric. My current focus in DC is continuing to learn the nuances of the market in an evolving banking climate while building out my local network.
Commercial lending was never promoted as a career path to me. I was fortunate to stumble into it and very quickly realized that it was the perfect fit for me. It gives me just the right balance of numbers and people, and it allows me the opportunity to work with businesses like the family construction company I grew up in. I love having the chance to look at a wide variety of industries. Even more, I enjoy building relationships with business leaders and working with them to structure financing that will help them achieve their goals. Serving as a strategic banking partner is exceptionally fulfilling, especially when I see the results in my local community.
While the industry is still male dominated, progress is being made toward inclusivity thanks in part to platforms like The Girl Banker. I am highly committed to the professional growth and development of young talent and women in the industry and would like to encourage anyone interested to reach out and connect.