Finance & Risk – Senior Consultant / Associate

Company:

Oliver Wyman

Description:

Finance and Risk

Senior Consultant / Associate

WHO WE ARE

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 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.

SUMMARY

The candidate would become part of Oliver Wyman’s Finance and Risk practice, and will be part of a team that will work hand to hand with the wider OW Iberian and European partners and experts to develop business and to help our Banking and Financial Services clients to solve their most complex and ambitious endeavours on topics such as finance and risk strategy, end to end credit transformations, capital accuracy and models, smart pricing, strategic planning and financial resource management, as well as artificial intelligence and risk modelling engagements (working alongside Oliver Wyman Data and Analytics specialists).   

Associates and Engagement Managers will lead small to mid-sized teams in the execution of workstreams or full projects, starting with an initial 6-month period to facilitate onboarding and gearing you up for success.

Based in our Madrid office, part of a Europe-wide staffing pool and with a primary focus on Spanish and Portuguese markets.

Required +3 years of relevant experience in Tier 1 strategic consulting, excellent team management, communication and problem-solving skills and proficient English and Spanish or Portuguese. Data and analytics skills are positively considered

We are looking for top-performing profiles passionate about problem solving and content and thrilled by the opportunity to develop a career in a leading strategic house, with sustained double-digit growth, entrepreneurial spirit and focus on culture and career sustainability

PRACTICE OVERVIEW

Finance and Risk is the largest of our specialized practices within Banking & Financial Services and is the cornerstone of Oliver Wyman’s reputation as a leader in finance and risk management. The following list is a sample of the topics our recent work has focused on, spanning the full spectrum from governance and organization to more detailed technical and regulatory work:

• Smart Pricing – end to end transformation offering hyper-personalised client pricing
• Regulatory compliance and dialogue (e.g. Basel 2/3, EMIR, Dodd-Frank)
• Design of finance and risk governance framework and organisational structures
• Design of Finance and risk governance framework design and organisational structures
• Liquidity and funding risk management
• Strategic balance sheet management and asset/liability risk
• Articulation of Risk Appetite at Board and ExCo level, and embedding RA into the business
• Cutting-edge loan-level mortgage analytics and forecasting
• Asset-backed security valuation and advanced risk modeling
• Design and implementation of conduct risk management frameworks
• Counterparty credit risk for large derivative traders
• Strategic cost management and post-merger integration
• Operational and non-financial risk measurement and management frameworks
• Design of risk measurement frameworks such as Economic Capital and VaR

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 deep 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.

SENIOR CONSULTANTS have enough experience to ask the right questions, frame hypothesis and initiate research to find the answers. As a Senior Consultant, you will be shaping the problems that we work on and developing specialized expertise that other will seek out.

ASSOCIATES break down complex problems into discrete tasks, identifying the key aspects of a problem and directing the focus of junior consultants to those elements. You will effectively plan and execute analysis as well as identify the core issues in complex analyses in order to be able to craft suitable recommendations. You’ll work side by side with clients and your project team members to move projects forward and manage small teams to get the work done. Clients and colleagues look to Associates for unique insight into the subject area which they have chosen.

YOUR ATTRIBUTES AND EXPERIENCE

Clients hire Oliver Wyman for specialized expertise, the ideal candidate will have most of the following:

• 2- 6 years of relevant experience, ideally with leading consulting firm(s) focused on Financial Services and/or experience with banks or FinTechs
• Undergraduate or advanced degree in STEM, finance, or economics from a top university
• Outstanding written and oral communication skills with the ability to adjust your style to suit different perspectives and seniority levels.
• Fluent business English and Spanish or Portuguese
• Ability to break down and solve problems through quantitative thinking and analysis
• Ability to work collaboratively in a team and create an inclusive environment with people at all levels of an organization
• Ability to work under pressure and willingness to travel to clients world-wide
• Track record of delivering results in a cross-functional, high-growth, and fast-paced environment
• Willingness to work fluidly and respectfully with our incredibly talented team
• Nice to have
  • Industry expertise in banking with previous experience working for credit risk and finance areas
  • CFA (or other relevant industry certifications) or MBA from a top-tier university

OUR VALUES & CULTURE

We create breakthroughs to achieve the amazing

• Be brave: We stand behind our beliefs while exploring what drives them. We stand up for what is right and persevere through difficulty. We venture into the unknown, staying open to our greatest possibilities.
• Lead with heart: We build relationships with clients and colleagues that last, grounded in transparency, authenticity, and trust. We love what we do and have fun while we do it. And we combine this passion with rigor and skill to drive sustainable performance.
• Strive for breakthroughs: We bring deep expertise and profound curiosity to the pursuit of ambitious ideas and uncommon insights. We ask bigger questions, seek diverse perspectives, and challenge ourselves to find the most powerful and sustainable solutions.
• Work as one: We succeed as a unified team of colleagues and clients, achieving together what separately would be beyond our reach. We care for and develop one another. We learn from differences, overcome divisions, and celebrate our shared achievements.
• Own your impact: We act as entrepreneurs and stewards of the firm. We own the journey, acting with integrity at every step. And we own our impact, holding ourselves to the highest standards to deliver stronger results for our clients, better opportunities for each other and lasting change for society.

Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.Marsh McLennan 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, or any other characteristic protected by applicable law. In accordance with Section 40.2 of the Royal Legislative Decree 1/2013, of 29 November, approving the Consolidated Text of the General Act on the Rights of Persons with Disabilities and their Social Inclusion, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees up to the point of undue hardship as required for the individual’s particular restrictions and limitations.Marsh McLennan 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 McLennan 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.