Hello BOLers,

I spent most of the day yesterday working on some spreads and produced some analysis that I'm pretty happy with. I had a meeting with some members of management today to recommend some changes based on my analysis.

Here's the problem. Sometimes I start to second guess myself and analysis when it comes to suggesting major changes to bank policy. Am I the only Compliance Guy that does this? I can be so confident and then I start thinking in circles and end up building doubt. Overall I still think I'm right but my darned mind keeps making me doubt myself.

I think it comes from wanting to be a perfectionist. I know that if I don't control myself that I will end up re-analyzing at least three or four more times.

I did this a lot in college.

What about you? Are you ALWAYS confident in your work?

GO!

I think everyone has their moments of doubt, Garret.

Word.

Rarely ever am I confident in anything I do, but I project confidence and people generally believe me! I blame it on lack of experience and lack of guidance, but I'm almost two years into this compliance thing now and expect myself to know everything.

If I'm doing anything with analysis though, I'm prone to redoing the work multiple times. I don't want to be proven wrong, lest I undo any bit of credibility I might have! Part of the reason I never pursued an accounting job, I was never efficient because I spent too much time second-guessing myself.

Totes.

Analysis paraysis. It happens to everyone!
There is a reason that you came up with those suggestions and it is your job to make them when you think they should be done. It is managements job to review and scrutinize them. Sometimes they go with it and sometimes they chose not to. Either way you did your job if you made your suggestions on sound information.
Unfortunately, all the anaysis in the world rarely gives you true black and white answers.

I gave up on all the over-analyzing I always did in my many years of banking. I found out most of the time I was right on and for the rest, I was usually wasting time. I point out to co-workers, I am human and could make a mistake so feel free to look it over and offer any insight if you disagree. I keep my documentation as to how I reached a conclusion.
And when I do goof, I apologize and move on. That happened once that I can remember, but I realized my mistake before the meeting was out and corrected it in front of them all. They never forgot that I didn't have a problem being honest. No finger pointing or anything! Imagine that.

I am 100% confident...

I am about 65% confident...

sometime after spending so much time double and triple checking it you just have to say Phuket and move on

Confident? Most def. Well, most of the time, yes...ommmm...let me think about it....ahhh...okay, I'll just look that up again...

::DANI...would you please analyze this, sum it up and send it to me ASAP? kthx!::

I would, but I'll have to double and triple check my work.....then go back to the reg to make sure I really understood what I thought I knew....then proof it one more time before I run spell check and send it to you.

Why? Do you have confidence issues or something?

Nope, just an overachiever!

It's really not how much confidence does one have in oneself, but rather how incompetent everyone around you is!

AMEN!!!!!!!!!!!!!!!

I'm generally confident except for the moment right when getting out of the pool

Is it George Costanza Day around here or what??