Trading Strategy & Risk Principal - Energy

Company:

Oliver Wyman

Description:

WHO WE ARE

Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.

Energy & Natural Resources Overview

Oliver Wyman’s Energy practice distinguishes itself by the value it creates for clients.  We bring deep industry knowledge and state-of-the-art problem-solving capabilities and tools tailored to the needs of our clients. Oliver Wyman helps utilities and energy companies address strategic and operational challenges through proven, results-oriented approaches: we assist our clients to examine and pursue new market, product / service and acquisition opportunities; develop strategies and plans to address market shifts and regulatory challenges; increase customer satisfaction, loyalty and earnings; and optimize operations and organizational effectiveness. We have completed hundreds of engagements for leading electric and gas utilities, chemical and oil and gas clients, as well as broader energy and industrial companies, across North America, Europe and the Middle East, creating sustainable shareholder value. 

THE ROLE AND RESPONSIBILITIES

Experienced professionals bring us the know-how to make lasting change for our clients and our company.  We are not typical ‘management’ consultants. We provide industry- and discipline-specific knowledge and expertise, which amplifies our impact and helps us shape the future for our clients. Oliver Wyman is a diverse, entrepreneurial, non-competitive partnership of individuals who like to pursue new opportunities or build a unique franchise doing what they do best in a collegial, fun environment.

Role: The Principal position offers excellent career and growth opportunities for talented, highly motivated professionals with significant prior experience. As a professional member of our firm, your initial responsibilities will include, but are not limited to:

·        Providing day to day leadership of client projects and aspects of the client relationship and commercial process within those relationships, teaming with Partners and shares responsibility for the success of a specific engagement(s)

·        Leading and managing complex programs to ensure on-time delivery that meets agreed upon goals, leveraging Oliver Wyman best practice, their own expertise and the firm’s technical competence

·        Guiding and influencing clients in an informed way across all situations including execution of the commercial process, becoming trusted advisors.

·        Engaging fully in building business by identifying new and expanded opportunities

·        Creating exciting and additive intellectual capital through thought leadership, and are knowledgeable on a broad range of adjacent topics.

·        Developing others and build a followership as part of their asset building for the firm

·        Leading firm building activities, seen as a role model for firm values with a strong personal brand within and outside of the firm and are well regarded by Partners, peers, and clients

Principals serve as the primary contact point for senior client executives and Oliver Wyman consultants staffed on client engagements. While specific responsibilities will vary based on previous experience the ideal candidate will have the following:

·        8+ years’ experience strategy consulting is preferred, but a combination of strategy consulting and Trading Strategy & Risk industry experience will be considered

·        Expert-level practice-specific knowledge in energy & commodities — oil, gas/LNG, power; metals or ags a plus.

·        Strategic mindset and transformation credentials: we're looking for people who have shaped and led change (operating models, risk frameworks, commercial strategy), NOT technical specialists, ETRM/CTRM implementation expertise is not in focus.

·        Strong quantitative foundation (derivatives, risk measurement) without needing to be a pure quant; familiarity with how AI/ML is being applied in trading and risk is a plus.

·        Executive presence and client-facing potential, as these hires will advise leadership teams.

·        Houston strongly preferred. NYC/Chicago candidates considered if open to Houston travel or relocation. US-based with existing US work authorization (firm requirement)

·        A strong background in strategic problem solving with demonstrable analytical skills.

·        Outstanding written and verbal communication skills in both formal and informal settings.

·        Know how to take the initiative, seeking out opportunities to learn new skills and put the ones you’ve already got to good use.

·        Not just intelligence, but creativity too: you’ll be ready to come up with novel ideas to solve our clients’ biggest problems.

·        Have an aptitude for analytical work, like sniffing out clues in massive data sets or hunting down the key issues in a hugely complex challenge.

OUR VALUES & CULTURE

We’re serious about making OW a rewarding, progressive, enjoyable and balanced place to work.

·        Self starters and free thinkers who work well in a team

We are individuals who are self starting, motivated, energetic, entrepreneurial about what we do

·        Common aspiration, collective endeavour, shared success

We have the common aspiration to have an impact, leave a legacy and change the world. We have no interest in running a steady-state business. We want to build, grow and shape the environment around us

·        Straightforward, open, respectful interaction

We value an environment where every member of Oliver Wyman is encouraged and expected to voice his or her opinion

·        Opportunity without artificial barriers

We value merit and believe that to create a true meritocracy we need to remove artificial barriers to opportunity

·        Balanced lives
We value people whose lives balance work and non-work activities because we believe they are both more interesting colleagues and are able to make better contributions to the Firm. We push ourselves hard to deliver excellence, but we also work to extract the maximum benefit from the flexibility of a project-based business. We provide the ability to take career breaks for personal or family reasons. We fundamentally value each other’s time, and are sensitive to how it is used. We are an output not input-based culture, have respect for people’s personal decisions, and believe that one's workload must be sustainable. We seek balance for ourselves and our colleagues.

The applicable base salary range for this role is $250,000 – 265,000 USD

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis.

In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow us on LinkedIn and X. Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected] is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.