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I left BlackRock after reaching VP in 7 years

This essay as stated is based on a conversation with Jennifer Ong33 years old, former VP at BlackRock turned career change coach and podcast host. The following has been edited for length and clarity. Business Insider verified his education and employment history.

In high school, I had no idea what I wanted to do, and even when I got to college, I didn’t know what I wanted to major in.

I knew I was interested in art, but I grew up thinking that doing something related to creative work wouldn’t make me any money.

As graduation approached, I applied for roles at nearly every financial institution, from investment banking to asset management. I also just accepted the first offer that was extended to me.

This was BlackRock.

Struggling with self-doubt and wanting to leave in my first six months

Things were very hard when I started. The truth was that I chose BlackRock because of its brand name and I didn’t evaluate whether it was the right job for me.

I ended up in a position that required coding and had no idea how to code. As part of my job, I had to query data in SQL and perform risk analysis for mortgage backed securities.

The job didn’t seem right to me. I didn’t have an engineering or computer science degree. I was one of the few liberal arts employees.

That had a massive impact on my confidence. I was less than six months into this role and I was struggling daily. But I chose to persevere and stay on.

Part of that was because I liked the company culture and the people I got to work with. Part of it was because I still believed that work wasn’t supposed to be fun anyway.

Besides, the money was very good.

And things got better. After two years, I switched fields and took on a sales-oriented role that was a better fit for me.


Jennifer Ong standing in front of the BlackRock logo.

Ong spent seven years at BlackRock and was eventually promoted to Vice President.

Jennifer Ong



It wasn’t long before the nagging feelings of not fitting in.

I remembered meeting friends who weren’t in the industry. They were like, “Oh, Jennifer, you’re always complaining about your job. Why don’t you quit?”

I knew I wanted to do something else, but fear held me back. I didn’t know what I wanted to do if I left BlackRock, and I also thought that quitting would make me look like a failure.

I spent seven years at BlackRock and was promoted to Vice President. I think I left the job more experienced and with a solid network.

Leaving BlackRock for the startup world

I took an 80% pay cut when I left my job at BlackRock to join Style Theory, a fashion rental company.

When I got the offer, I was like, “Wow, can I live on this little money?”

The office was certainly not as glamorous as those in the central business district, as it was located in an industrial building.

When I went on business trips for BlackRock, I was put up in nice five-star hotels. But at Style Theory, I found myself staying in cheap hotels. The two companies were between worlds.

That said, I still treasured my time at Theory of Style. I had the idea of ​​starting my own fashion rental company for travelers, but I had no idea what it was like to start and run a business.


Jennifer Ong standing in front of a clothes rack.

Ong took an 80% pay cut when he left BlackRock for Style Theory.

Jennifer Ong



Style theory became my business school. Instead of spending several hundred thousand dollars on an MBA, I thought I could learn the ins and outs of building a startup.

One thing that Style Theory gave me was the huge amount of autonomy I had as an employee.

I didn’t get to lead many projects at BlackRock, even though I had spent seven years there. There were far too many people who were older than me.

Make another pivot in career coaching

I left Theory of Style after three years. I still wanted to be an entrepreneur and felt that I had gained the skills I needed from my time there.

After leaving Style Theory, I moved to Singapore just a few months before the COVID-19 pandemic hit. The strict isolation measures made it difficult for me to meet new people.

I ended up starting a podcast about career pivots. This topic resonated deeply with me as I had been struggling to figure out what a “perfect for me” career looks like while facing the fear of leaving a “perfect on paper” job behind.

As my podcast started to catch on, I started getting messages from people looking for help building their careers. Some even asked if they could pay me for my time.

Soon my client list began to grow and I became the founder of my own career coaching firm, Ctrl Alt Career.

Looking back, I don’t regret starting at BlackRock. I got a lot of good training and met a lot of interesting people. My time at BlackRock shaped me into the person I am today.

If there’s one thing I could change, it would be to spend more time in my younger years discovering my interests instead of just going after the low-hanging fruit of whatever company was recruiting on campus.

That would have saved me the heartache and pain I experienced for the first seven years of my career.

I probably would have been happier if I had allowed myself to dream more, instead of weighing opportunities if they were practical or profitable.

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