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So Money with Farnoosh Torabi

1703: Balancing Act: Fintech Exec Alyssa Schaefer on Career, Family, and Financial Innovation

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 31 July 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

I know some might be looking for a "man in finance," as the viral TikTok goes, but I wanted to find a woman in finance and learn about her rise to the top and how she’s balancing the demands of work and her personal life. Alyssa Schaefer is the General Manager and Chief Experience Officer at Laurel Road, a digital banking platform, where Alyssa oversees all aspects of the business, including Marketing, Operations, Risk, and P&L Management. Before Laurel Road, Alyssa held several leadership positions in the financial services industry. She's also a mom of twin toddlers. In our convo, Alyssa shares the best career advice she's received, the benefits of being a generalist in her profession, and how Laurel Rode services many borrowers in the medical and healthcare fields.

Transcript

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0:00.0

Why did we choose a London Business School MBA?

0:04.0

Because of the amazing opportunities to connect the top global businesses

0:08.0

right here in the heart of London.

0:10.0

Because I want to join a tight-knit community,

0:12.0

spanning 156 countries through which peers can become lifelong friends and trusted advisors

0:19.0

because I was looking for a school that would be behind me every step of the way partners for life.

0:25.2

Visit London.edU forward slash MBA to learn more. So Money episode 1703 FinTech Executive Alyssa Schaefer on Career, Family and Financial Innovation.

0:40.0

You're listening to So Money with with award-winning Money Guru Farnu Shorabi.

0:45.0

Each day, get a 30 minute dose of financial inspiration from the world's top business minds,

0:51.0

authors, influencers, and from Farnuus herself.

0:55.0

Looking for ways to save on gas or double your double coupons?

0:59.0

Sorry, you're in the wrong place.

1:01.0

Seeking profound ways to live a richer, happier life. Welcome to So Money.

1:07.0

Now I probably have balance the way that most people think about balance anyway, probably for the first time in my life.

1:15.8

What does that look like? I don't think we know what that looks like.

1:18.7

Yeah, I mean.

1:19.8

Welcome to so many everybody. I'm Farnoosh Terabi. So I know that the song of the summer is about finding a man in finance, but I wanted to find a woman in finance and ask about her role in the industry, her rise to the top, and how she's balancing

1:35.9

the demands of work and raising her family.

1:39.6

Yeah, that's not a sexist question.

1:41.6

I would ask a man these very same things,

1:44.3

but I'm more interested in Alyssa Schaefer's story today.

1:47.6

She's the general manager and chief experience officer

...

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