New Report Calls for Systemic Change in Finance Workplaces - Driving Effectiveness, Innovation, and Profitability

September 4, 2025

The Financial Women’s Association (FWA) announces the release of a new white paper, The Post-Pandemic Return Among Women in Finance, authored by cultural anthropologist Dr. Melissa Suzanne Fisher. Commissioned by the FWA, the report examines how return-to-office policies and shifting workplace norms continue to shape careers in the financial services industry and outlines practical steps firms can take to build more resilient, inclusive, and future-ready workplaces.


Based on pandemic and post-pandemic research, the report offers an analysis of challenges that remain highly relevant today: balancing work and family responsibilities, supporting employee well-being, and dismantling systemic barriers that hinder career success. Drawing on interdisciplinary social sciences and firsthand accounts, the report highlights persistent cultural and structural barriers that limit progress across the industry.


The report highlights that while the pandemic's remote work experiments offered employees new ways to balance work and personal life, the push for a full-time return to the office threatens this progress.


Key recommendations highlighted in the report include:

  • Responsibility of caregiving and work/life balance should be shared across the organization, rather than leaving individuals to manage these challenges alone.
  • Firms should focus on addressing bias and discrimination embedded in their systems, not just changing individual attitudes.
  • New models of mentoring and support are needed to reflect evolving work environments (such as hybrid work) and changing employee needs.


Dr. Fisher, author of Wall Street Women, and a faculty member at Parsons School of Design, as well as a Senior Advisor at CFAR Consulting and Coaching Services, argues that supporting employees in balancing work, family, and personal needs is not only the right thing to do - it also drives innovation, effectiveness, and long-term profitability.


The Financial Women’s Association has championed the advancement of women across the financial industry for nearly 70 years. This report adds to that tradition by offering actionable strategies firms can adopt to create more welcoming, supportive, and equitable workplaces so all employees can thrive.



Download the Report

About the FWA


Founded in 1956 by eight trailblazing professionals on Wall Street, the Financial Women’s Association (FWA) is a nonprofit organization committed to supporting leadership, professional growth, and community across the financial industry. With an engaged membership that includes individuals, corporate sponsors, and strategic alliances with educational institutions and other organizations, the FWA provides access to high-impact programming, mentorship, and educational opportunities. Through its numerous events and initiatives, the FWA fosters connection, innovation, and career advancement for those shaping the future of finance.


About Melissa Fisher


Melissa Fisher, Ph.D. is a cultural anthropologist specializing in gender, finance, and workplace culture. She is a Senior Advisor at CFAR, a Visiting Scholar at NYU’s Institute for Public Knowledge, and teaches in the Strategic Design and Management program at Parsons School of Design. Melissa is the author of Wall Street Women and Frontiers of Capital (Duke University Press). Her current research explores equity in evolving workplace environments. Named one of Avuity’s Top 65 Work Tech Experts to Follow in 2025, she consults widely on leadership development and today's complex business needs. Want to explore how anthropological tools and approaches can design a more human-centered workplace? Melissa's consulting services can be found at www.melissafisherphd.com. She is also offering 15 minute free consultations. Connect with her at [email protected].

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 The FWA is pleased to share that Jonathan Dambrot will be honored as the 2026 Male Ally of the Year at the FWA's 70th Anniversary Gala on October 8, 2026. Jonathan Dambrot is CEO and Co-Founder of Cranium AI, the independent end-to-end platform for enterprise AI security and governance. He has built a category leader once before — and is doing it again for the AI era. Before Cranium, Jonathan grew Prevalent from a startup into a Gartner- and Forrester-recognized leader in third-party risk management, through its 2016 sale to Insight Partners. As a Partner at KPMG, he led third-party security globally, launched the firm's AI security services, and incubated Cranium inside KPMG Studio — spinning it out of stealth in April 2023 on a simple thesis: every SaaS application is now an AI application, so every SaaS risk is now an AI risk.
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The Financial Women's Association celebrated the graduation of 39 students from the 2026 Wall Street Exchange (WSE) Program , closing a milestone year as the program marks 50 years of connecting students with industry leaders. This year's cohort interned at 18 firms and represented 28 colleges. On Tuesday, July 28, FWA President Albana Theka opened the virtual celebration with words of wisdom to the interns on their entry into their first career positions and advice about how to apply their program learnings. She invited them to join the FWA as students, so they can continue to take advantage of FWA’s rich resources and vast network of financial services professionals. Co-Chair Gerri Bostick then introduced Chen Rao, Vice President, Global Markets ALM Treasury at BNP Paribas, the keynote speaker. Chen is a former Wall Street Exchange intern and a former member of the program committee, and she shared the value of these experiences to her career. She also spoke about the characteristics needed to succeed and offered practical advice on how to excel early in one's career. The interns met in breakouts to share their summer experiences along with key WSE program takeaways they plan to carry forward into their careers. They then participated in a fun Wall Street Exchange quiz game where they tested their knowledge from the sessions they attended and earned prizes. The high level of engagement throughout the summer was evident in their ability to answer all the prompts accurately. Wrapping up the celebration, Co-Chair Laura Smith Dunaief announced the graduates followed by special recognition of those who attended all seven sessions. Twenty students will receive free CFA Society student memberships. Throughout the program, the Wall Street Exchange cohort met with industry professionals, asked sharp questions about AI and the future of work, and built relationships that will extend well beyond graduation. They came curious. They're leaving connected. Congratulations, 2026 WSE cohort​! We're looking forward to staying connected as you build what's next. The WSE Co-Chairs, ​Gerri Feemster Bostick and ​Laura Smith Dunaief, and the WSE Committee extend their sincere appreciation to FWA President Albana Theka, ​Chen Rao, BNP Paribas, and the CFA Society New York for their support in making the​ closing session a success. We also thank FWA’s leadership and WSE’s volunteers, sponsoring firms, and participating employers for their continued commitment to providing this valuable experience to the next generation of financial professionals.
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