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The Role
Join Oliver Wyman's Finance & Risk team advising banking and financial services clients on strategy, capital and liquidity management, risk and regulatory topics, credit transformation, pricing, and data/AI-enabled analytics. Lead and execute quantitative analysis, craft recommendations, manage small teams, collaborate across regions, and support client delivery and transformation programmes.
Summary Generated by Built In
Company:Oliver WymanDescription:WHO WE ARE Oliver Wyman, a Marsh (NYSE: MRSH) business, is a management consulting firm driven by deep industry insight, bold innovation, and a collaborative approach that cuts through complexity to help organizations navigate their most defining transformative moments.SUMMARYThe candidate would become part of Oliver Wyman's Finance & Risk capability, working alongside the wider Banking & Financial Services practice. You will work closely with UK, European and global partners and experts to help leading financial institutions solve their most complex strategic, financial, regulatory and transformation challenges.Our work spans finance and risk strategy, balance sheet and capital management, liquidity and funding, end-to-end credit transformation, risk appetite, regulatory and supervisory topics, smart pricing, strategic planning, financial resource management, operating model design, and artificial intelligence and advanced analytics engagements working alongside Oliver Wyman Data and Analytics specialists.Based in London, you will be part of a Europe-wide staffing pool with a primary focus on UK Banking and Financial Services clients, while also collaborating across Oliver Wyman's broader European and global network.We are looking for high-calibre experienced candidates who bring a combination of consulting problem-solving, financial services expertise, quantitative judgement and client leadership. Experience in one or more relevant areas is expected; we do not expect candidates to have covered the full breadth of topics.Typically, candidates will bring 3-8 years of relevant experience, depending on level, from strategy consulting, financial services consulting, banking, fintech, regulation, risk, finance, data and analytics or transformation roles. Fluent business English is required; additional European languages are beneficial but not required.PRACTICE OVERVIEW The Finance & Risk capability, alongside the Banking & Financial Services practice, is the cornerstone of Oliver Wyman's reputation as a leader in financial services strategy, finance and risk management. Our work spans the full spectrum from senior leadership agenda-setting and transformation through to more technical finance, risk, data and regulatory topics.Recent work has included topics such as:
- Banking strategy and corporate finance: market entry, growth, M&A, portfolio optimisation, strategic planning and financial resource management
- Finance, risk and regulation: credit, market, operational and non-financial risk, capital, liquidity, stress testing, recovery and resolution, ICAAP/ILAAP, IFRS 9 and supervisory engagement
- Balance sheet, capital and liquidity: strategic balance sheet management, asset/liability risk, treasury transformation, funding strategy and capital efficiency
- Credit transformation and risk operating models: end-to-end credit transformation, risk appetite, governance, three lines of defence, decisioning and collections
- Pricing, commercial effectiveness and customer strategy: smart pricing, customer and proposition design across retail, wealth, commercial banking and payments
- Digital, data, analytics and technology: platform modernisation, cloud, data strategy, AI/ML, model transformation and advanced risk modelling
- Operations, cost and transformation: target operating models, process redesign, cost transformation, strategic cost management, post-merger integration and operational resilience
- Market infrastructure and capital markets: counterparty credit risk, derivatives, asset-backed securities and broader capital markets topics
- 3-8 years of relevant experience, depending on level, ideally from a top-tier strategy consulting firm, financial services consulting firm, bank, building society, fintech, regulator or similar organisation
- Experience in Banking & Financial Services, including one or more of banking, capital markets, insurance, payments, wealth management, fintech or financial market infrastructure
- Exposure to finance, treasury, capital, liquidity, risk, regulation, credit, operating model, transformation, cost, digital, data or analytics topics
- Hands-on experience with data, analytics, modelling or AI-enabled financial services transformation is beneficial but not required
- Strong analytical and synthesis skills, including the ability to conduct or leverage sophisticated analysis to identify trends, draw conclusions and present recommendations
- Outstanding written and oral communication skills, with the ability to adjust your style for different perspectives and seniority levels
- Fluent business English; additional European languages are beneficial but not required
- Undergraduate or advanced degree in STEM, finance, economics, business or another analytically rigorous discipline
- Ability to work collaboratively in a team and create an inclusive environment with people at all levels of an organisation
- Ability to work under pressure and willingness to travel to clients in the UK, Europe and internationally
- Track record of delivering results in a cross-functional, high-growth and fast-paced environment
- Curiosity, creativity and the initiative to seek out opportunities to learn new skills and apply them to clients' most important problems
- Willingness to work fluidly and respectfully with our incredibly talented team
- 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.
Skills Required
- 3-8 years of relevant experience
- Experience in banking and financial services (banking, capital markets, insurance, payments, wealth, fintech or market infrastructure)
- Exposure to finance, treasury, capital, liquidity, risk, regulation, credit, operating model or transformation topics
- Hands-on experience with data, analytics, modelling or AI-enabled financial services transformation
- Strong analytical and synthesis skills
- Outstanding written and oral communication skills
- Fluent business English
- Undergraduate or advanced degree in STEM, finance, economics, business or another analytically rigorous discipline
- Ability to work collaboratively and create an inclusive environment
- Willingness to travel to clients in the UK, Europe and internationally
- Ability to work under pressure and deliver results in fast-paced environments
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.
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The Company
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.
