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. CRD VI, DORA, CSRD)
- 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 Risk Appetite 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 directingthe 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.
- Business fluent in German & English
- 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.
How To Apply
If you like what you’ve read, we’d love to hear from you.
If you’d like to learn more about the firm during your application process, please visit www.oliverwyman.com/careers
Skills Required
- 2-6 years of relevant experience in consulting, banking, or FinTech
- Undergraduate or advanced degree in STEM, Finance, or Economics from a top university
- Business fluent in German and English
- Outstanding written and oral communication skills adjustable to different seniority levels
- Strong quantitative thinking and analysis skills (problem breakdown and modelling)
- Ability to work collaboratively in teams and create an inclusive environment
- Ability to work under pressure and willingness to travel to clients worldwide
- Track record of delivering results in cross-functional, high-growth, fast-paced environments
- Industry expertise in banking with experience in credit risk and finance areas
- CFA or MBA from a top-tier university
Marsh McLennan Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.
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Leave & Time Off Breadth — Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
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Healthcare Strength — Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
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Retirement Support — Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.
Marsh McLennan Insights
What We Do
Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.








