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Anyone have one of those jobs...

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  1. MainEventOrBust MainEventOrBust is offline

    Rock Hill, SC
    United States

    Posts: 415
    Joined: Mar 09

    Jun 16th, 2009 (6/16/2009 2:24am)

    Where if your superiors knew your main hobby was poker you would be limiting or even jeopardizing your career?

    I've been working in finance for many years now, and a few years back when I asked our Compliance Dept. if they would permit a side-job dealing poker at a local casino (then in California) they forbid it, and pretty much made it sound like they were doing me a solid by not reporting me for consorting in such places. When I asked for clarification, they said that it wasn't the image they want customers to have, since it could be construed that I would rob our customers to feed my 'gambling problem.'

    Anyone else had similar experiences?

  2. imhooks imhooks is offline

    Yemen

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    Jun 16th, 2009 (6/16/2009 3:23am) in reply to MainEventOrBust

    Seems like a solid reasoning. If I were running your company I would feel the same way. gl
  3. Jaybone2315 Jaybone2315 is offline Professional Couch Ruiner

    San Diego, CA
    United States

    Posts: 27,293
    Joined: Jul 06

    Jun 16th, 2009 (6/16/2009 7:09am) in reply to MainEventOrBust

    If I didnt know anything about poker, I would think the same thing.

    Most people are scared of what they dont understand.
  4. imhooks imhooks is offline

    Yemen

    Posts: 9,073
    Joined: Jul 05

    Jun 16th, 2009 (6/16/2009 9:01am) in reply to Jaybone2315

    you do realize poker is gambling right? I mean sure there is a smidge of skill involved but you are just gambling on the next card. Gambling is a serious vice that some people can get wrapped up in and not even know it.
  5. Autolobotomist Autolobotomist is offline playing air is my style? so what

    Tempe, AZ
    United States

    Posts: 10,059
    Joined: Jun 07

    Jun 16th, 2009 (6/16/2009 9:03am) in reply to imhooks

     
    Originally Posted by imhooks View Post

    They do realize finance is gambling right?

    FYP
  6. joeschmo joeschmo is offline

    Posts: 1,740
    Joined: Dec 08

    Jun 16th, 2009 (6/16/2009 9:08am) in reply to MainEventOrBust

    Why did you even ask your company what you can do in your spare time?

    What you do when you are work the boss can control, after work is your own time, can do what you want. Do you have to ask your work if you can go to a strip club on the weekend even though customers may high five you when they see their account manager at the titty bar.

    If company fires you for dealing cards on weekend, I would say you would have a hell of a lawsuit.
  7. Futon Futon is offline

    Ndola
    Zambia

    Posts: 11,644
    Joined: Oct 07

    Jun 16th, 2009 (6/16/2009 9:12am) in reply to joeschmo

     
    Originally Posted by joeschmo View Post

    Why did you even ask your company what you can do in your spare time?

    What you do when you are work the boss can control, after work is your own time, can do what you want. Do you have to ask your work if you can go to a strip club on the weekend even though customers may high five you when they see their account manager at the titty bar.

    If company fires you for dealing cards on weekend, I would say you would have a hell of a lawsuit.

    Your post isn't 100% true. There are a lot of jobs were if you get a DUI or something outside of work you can be terminated immead.
  8. Jaybone2315 Jaybone2315 is offline Professional Couch Ruiner

    San Diego, CA
    United States

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    Jun 16th, 2009 (6/16/2009 9:14am) in reply to Autolobotomist

    beat me to it auto... well done.
  9. aholthaus33 aholthaus33 is offline

    San Diego, CA
    United States

    Posts: 3,664
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    Jun 16th, 2009 (6/16/2009 9:21am) in reply to imhooks

     
    Originally Posted by imhooks View Post

    you do realize poker is gambling right? I mean sure there is a smidge of skill involved but you are just gambling on the next card. Gambling is a serious vice that some people can get wrapped up in and not even know it.

    Level or what is this here ^^^^^

    To your question OP, I've spent many hours hanging out in the offices, at two different Fortune 100 Companies, of very successful people making lots of money talking fairly in-depth deep stacked cash poker strategy. I've played with tons of past co-workers at different times over the past five years.

    P.S. - Your company sounds poopy from what I know of it.
  10. Braaak Braaak is offline

    Skillman, NJ
    United States

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    Jun 16th, 2009 (6/16/2009 9:27am) in reply to Futon

    FINRA requires that ourside employment be pre approved. The company has every right to worry about the risk of you being a degen and the negative image that some customers may have. By choosing to work there you have agreed to limit your options.

    It's just the way it is.
  11. HK_MP5N HK_MP5N is offline

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    Jun 16th, 2009 (6/16/2009 10:25am) in reply to MainEventOrBust

    Some may not like this but it is a way to manage exposure to risk. I am not expecting many to "agree with the thinking", but with financial oriented careers some do implement such policies. Some career fields can impact what you do in your free time, not saying it is right but "it is what it is".
  12. Blackout4 Blackout4 is offline

    Chicago, IL
    United States

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    Jun 16th, 2009 (6/16/2009 10:39am) in reply to MainEventOrBust

    I used to play poker on my lunch all the time, not as much anymore, I like to go out for lunch now - My boss has no problem with it, but when he sees 4 screens, he just looks and says, " you have a problem" -
     
  13. dodgingjets dodgingjets is offline

    Oman

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    Jun 16th, 2009 (6/16/2009 12:39pm) in reply to MainEventOrBust

    pm Bax or Sheets, imo.
  14. watson5j watson5j is offline

    Knoxville, TN
    United States

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    Jun 16th, 2009 (6/16/2009 12:59pm) in reply to imhooks

     
    Originally Posted by imhooks View Post

    Seems like a solid reasoning. If I were running your company I would feel the same way. gl

    He asked about getting a dealer's job...so how would you steal from your clients so you could use their money to pay for your other job?? lol
  15. Fishsticks Fishsticks is offline

    San Antonio, TX
    United States

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    Jun 16th, 2009 (6/16/2009 1:17pm) in reply to watson5j

    I have one of those jobs.

    I work for religious organization (anon)...but I just do computer networking and web stuff. And I'm not religious at all, but it's a nice, easy job. Anyway...they're all against poker and pretty much anything else I enjoy in my personal life. So it's funny when they need me to come fix something, cause I'm usually all pissed I have to sit out of my $2 MTT or whatever.
  16. MainEventOrBust MainEventOrBust is offline

    Rock Hill, SC
    United States

    Posts: 415
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    Jun 16th, 2009 (6/16/2009 5:46pm) in reply to Braaak

     
    Originally Posted by Braaak View Post

    FINRA requires that ourside employment be pre approved. The company has every right to worry about the risk of you being a degen and the negative image that some customers may have. By choosing to work there you have agreed to limit your options.

    It's just the way it is.

    Yeah this is pretty standard in this industry. If you want to have outside employment, or even outside activities, you need to disclose them to Compliance. Ultimately they have the right to limit what you do even in your spare time, even if they are legal activities.

    I suppose you can avoid disclosing, but you risk not only losing your job, but having your record which displays your licenses damaged, when all brokers check this before employing you. The last thing you want on your sheet is termination for failure to adhere to compliance regs. I've worked with associates who have been terminated for filing bankruptcy or defaulting on their mortgage, when they have been in the industry for many years.

    I was just wondering if anyone had run into this outside brokerage / finance. The religious organization thing was interesting. I wonder who else this would be a problem for.
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