PSG Senior Manager - MDP Task Force - 12 Month FTC in London

PSG Senior Manager - MDP Task Force - 12 Month FTC in London

London Temporary 63000 - 77000 £ / year (est.) Home office (partial)
Boston Consulting Group

At a Glance

  • Tasks: Lead innovative projects to enhance MDP compensation and equity frameworks.
  • Company: Join Boston Consulting Group, a leader in business strategy and transformation.
  • Benefits: Competitive salary, diverse team culture, and opportunities for professional growth.
  • Other info: Collaborative environment with high visibility and career advancement potential.
  • Why this job: Make a real impact on how top leaders are rewarded and motivated.
  • Qualifications: 5+ years of consulting experience or relevant degree; strong analytical skills required.

The predicted salary is between 63000 - 77000 £ per year.

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation— inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

The Partner Services Group (PSG) is a global, high-impact team within BCG’s Finance function that is responsible for the design, development, and execution of world-class evaluation, development, compensation, and equity programs for our ~2,000 Managing Directors and Partners (MDPs). These programs are not only critical to BCG’s business performance but are also personally significant to our senior leadership.

MDPs are the owners of BCG and are entrusted with driving our business across markets and practice areas. Robust and transparent evaluation and reward mechanisms are essential to supporting BCG’s mission of unlocking the potential of those who advance the world.

Operating in a fast-paced environment, PSG is known for its precision, innovation, and transparent communication. We are a highly visible and trusted team that plays a vital role in ensuring BCG continues to be an employer of choice for the world’s most talented and pioneering leaders in consulting.

A core part of PSG’s responsibility as custodians of the global framework is to ensure MDPs:

  • understand and are compelled by the MDP value proposition including and also beyond compensation and equity
  • have trust and confidence in the C&E framework and outcomes
  • shape their behaviour by an understanding of how the C&E framework reflects their decisions, efforts, outcomes

Key to our role as custodians is supporting periodic review of the framework under a global MDP task force reporting to BCG’s Executive Committee. While all of PSG shares accountability for supporting these processes, the PSG Compensation & Equity Model Analysis and PSG MDP Experience teams play a larger role in shaping the work. This role will report into the Head of Compensation & Equity Analysis (Mike Nowicki, PSG Director).

In this role, you will develop a deep understanding of the current MDP C&E framework and the elements of MDP performance it is intended to reward. You will also learn about BCG’s overall business, P&L, strategic priorities, and other elements related to firm performance. You will work with senior leaders to help identify and articulate opportunities to evolve the MDP C&E Framework to create stronger incentives linked to BCG’s evolving business needs. You will be involved with design for the future and then leading implementation and change management planning to bring changes to life.

As an example, this individual may take on responsibilities such as:

  • Team with the Head of Compensation & Equity Analysis and other functions to lead ad-hoc and internal taskforce projects assessing the effectiveness of various MDP incentives, as they relate to business and individual MDP performance and strategic alignment
  • Collect raw data from various sources such as databases, APIs, surveys, etc. and identify/correct errors, address missing values, and ensure consistency.
  • Co-lead analysis, synthesis, modeling, sensitivity and ‘what if’ scenario analysis, and preparation of materials to communicate findings and make recommendations to PSG leadership, the BCG Executive Committee, and other sub-groups (‘steerco discussions’)
  • Present insights in a clear, engaging manner to both technical and non-technical audiences
  • Deliver presentations, prepare communications, draft talking points and answers to FAQs, working closely with others to refine and execute
  • Support change management and implementation strategies, working with broader PSG teams (Operations, Evaluation, etc.) to implement any approved changes and help infuse into our global policies, process, and norms

You are:

  • Detail-oriented, rigorous about accuracy, challenging outcomes of work and tests broader understanding of how you got there
  • Proactive self-starter with strong critical thinking skills and creativity to solve problems
  • Analytically curious and a thoughtful interpreter of data and patterns
  • Confident to ask probing questions, investigate, understand a situation, make a recommendation, and explain the logic for this decision to others
  • Comfortable with senior presence, and composure while working on high visibility deliverables
  • Willing to proactively jump in to help others, in a growing and fast-paced environment
  • Able to build and develop strong, trusted working relationships
  • Flexible, open to new ideas/change, and work collaboratively in an iterative environment
  • Strong communication (written & verbal), with the ability to tailor style to audience

We are looking for a well-rounded individual who is comfortable navigating sensitive topics with leaders and can work collaboratively to influence leadership and implement change.

You bring:

  • 5+ years of consulting experience at BCG is strongly preferred—ideally as an Associate/ Consultant/ Project Leader or within Finance, Client Team, or other commercial-adjacent functions
  • In lieu of consulting experience, Bachelor’s degree in a relevant field such as Business, Economics, Finance, or another quantitative discipline; MBA or other advanced degree strongly preferred
  • 8+ years minimum industry experience required – in finance, executive remuneration, sales force operations, etc.
  • Skilled in MS office applications – Outlook, Word, Excel, PowerPoint
  • Advanced Excel skills; pivot tables, nested functions, mixed references, arrays, etc.
  • Basic accounting/economics principles’ knowledge
  • Excellent organizational, project-management, communication, and interpersonal skills; able to communicate confidently and professionally with senior management
  • Flexible and adaptable to rapidly changing priorities and ability to stay focused
  • Ability to work independently on multiple, simultaneous assignments with minimal supervision
  • High level of confidentiality and discretion in handling of sensitive data

You will work directly with Mike Nowicki, Lauren Merrill, and Vito Logudic, and be part of the broader PSG team, led by Amy Glass and Ben Holden. You will work very closely with BCG’s Compensation & Equity subcommittee and a Task Force Working Group of ~10-15 MDPs, and a broader network of MDP change advocates.

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws. BCG is an E - Verify Employer.

PSG Senior Manager - MDP Task Force - 12 Month FTC in London employer: Boston Consulting Group

Boston Consulting Group is an exceptional employer that offers a unique Medical Elective Internship in London, providing medical students with invaluable insights into healthcare management. With a strong focus on employee growth and collaboration, BCG fosters a dynamic work culture where diverse perspectives drive innovation and transformation in the healthcare sector. Interns will benefit from exposure to industry leaders, cutting-edge technologies, and the opportunity to tackle real-world challenges, all while being part of a globally respected firm committed to shaping a sustainable future.

Boston Consulting Group

Contact Details:

Boston Consulting Group Recruitment Team

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We think this is how you could land PSG Senior Manager - MDP Task Force - 12 Month FTC in London

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We think you need these skills to ace PSG Senior Manager - MDP Task Force - 12 Month FTC in London

Communication Skills
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Organizational Skills
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Flexibility
Teamwork
Adaptability

Some tips for your application 🫡

Showcase Your Analytical Skills:In management consulting, employers love to see your problem-solving abilities right from the get-go. Be sure to highlight any relevant analytical projects you've worked on, particularly those that show how you tackled complex problems. If you’ve done any case studies or analysis during your studies, throw those in your CV!

Tailor Your Experience for the Role:Since this is a temporary position, your application should reflect your adaptability and relevant experience quite clearly. Focus on showcasing experiences that demonstrate your ability to hit the ground running, like previous projects, internships, or freelance gigs in consulting or project management.

Craft a Targeted Cover Letter:Your cover letter is your chance to sparkle! Use it to explain why you're interested in this temporary role at Boston Consulting Group and how your skills suit the specific project needs. Remember to mention how you can provide immediate value based on your past experiences.

Include Certifications or Relevant Training:If you've got any certifications like PMP, Six Sigma, or even coursework that’s super relevant, make sure to list those in your application. Management consulting can be competitive, and these extra qualifications can help you stand out in the recruitment process.

How to prepare for a job interview at Boston Consulting Group

Prepare for Case Studies

In management consulting, case study interviews are a big deal. Expect to tackle real-world business problems on the spot. We should practise structuring our thoughts, developing hypotheses, and presenting our solutions clearly, as this is what firms like Boston Consulting Group will want to see.

Show Off Your Problem-Solving Skills

You’ll need to demonstrate strong analytical skills and logical reasoning. Brush up on frameworks like SWOT or Porter's Five Forces, as these can come in handy. Think of instances from your experience where you tackled a complex issue—this could set you apart when speaking to Boston Consulting Group.

Highlight Your Adaptability

Since this is a temporary role, it's crucial we showcase our ability to hit the ground running. Have examples ready that illustrate how we've adapted quickly in past positions or projects. This shows that we can contribute effectively from day one at Boston Consulting Group.

Be Ready to Discuss Cultural Fit

Temporary roles often come with a focus on team dynamics. Prepare to discuss how we align with the values and culture at Boston Consulting Group. We want to highlight our teamwork experiences and how we can mesh with their consulting teams, making it clear that we're not just looking to fill a spot but to add value.