Banking Consultants

Banking Consultants

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead transformative projects in banking and insurance, driving innovation and change.
  • Company: Join a globally renowned consulting firm with a supportive and entrepreneurial culture.
  • Benefits: Enjoy competitive pay, top-notch training, and a diverse, inclusive work environment.
  • Other info: Great career growth opportunities in a vibrant, dynamic team.
  • Why this job: Be at the forefront of industry disruption and make a real impact.
  • Qualifications: 5+ years in tech-focused roles, preferably in Financial Services & Insurance.

The predicted salary is between 60000 - 80000 £ per year.

About Us

Where Innovation meets Excellence. Be a part of a globally renowned management consulting firm that is on the front-line of industry disruption. We are a mid-size player with a supportive, entrepreneurial spirit that works with a market-leading brand in every sector, while our parent organization Infosys is a top-5 powerhouse IT brand that is outperforming the market and experiencing rapid growth. Our consulting business is annually recognized as one of the UK’s top firms by the Financial Times and Forbes due to our client innovations, our cultural diversity and dedicated training and career paths we offer to our consultants. We are committed to fostering an inclusive work culture that inspires everyone to deliver their best.

The Team

Our Financial Services and Insurance practice supports some of the largest global firms and most recognizable local brands solve their biggest challenges in today’s age of digital and AI led transformation. With diverse services, ranging from strategy and advisory to large scale implementations and change initiatives, from business change to operational transformation and leading-edge IT solutions, we help clients shape and achieve their growth agenda for a sustainable future.

Requirements

Our mission is to drive innovation and transformation in the Financial Services & Insurance industry. We help some of the largest global firms solve their biggest challenges and thus become a key part of the client’s transformation journey. If you are looking for a challenging career working in a vibrant environment, this could be the role for you. As part of our global team, you will be working with cutting edge technologies and will have the opportunity to develop a wide range of new skills while working for some of the leading firms in the world. We are seeking a Constant/senior consultant who specializes in the Financial Services & Insurance domain. This role is pivotal in leading large scale complex transformation initiatives in banking (retail, commercial, payments, lending) and Insurance (underwriting, claims).

Key Responsibilities

  • Manage and contribute to large-scale transformation programmes, aligning with both client goals and industry best practices.
  • 3 - 6 years of experience working in both banking and insurance projects with deep understanding of customer journeys, process flows, business value realization.
  • Build and manage relationship with senior stakeholders, SMEs influencing decision-making in line with business goals.
  • Create target operating model, blueprint, roadmap, design and implement programmes managing alignment across people, process, technology, and business objectives.
  • Great presentation skill, advanced excel analysis and power BI reporting skills.
  • Process mapping, process reengineering, create process maps.
  • Own, define and manage programme plans, timelines, resource allocation, risk management, budget oversight, status reporting, ensure programme deliverables adhere to the agreed governance and risk framework.
  • Implement effective change management strategies to promote adoption of new processes and technologies within client organizations.
  • Deep knowledge of project management both waterfall and agile delivery, able to liaise between business and tech, drive complex projects.
  • Able to define and prioritize technical requirements, scoping, project planning, in context to agile delivery create and maintain product backlog, epics, features, user-stories.
  • Drive PI Planning, big-room planning workshops, sprint planning, work closely with cross-functional multi-disciplinary teams.
  • Be the conduit between technical delivery team and business product owners and work closely with business analysts, solution architects, designers, developers, and quality engineers with an agile, iterative approach using design thinking to foster innovation.
  • Good understanding of latest technologies, regulatory developments, and best practices in financial services & insurance space.
  • Contribute to sales proposals, Request for Proposal RFP responses and client pitches.
  • Great team player.

The Successful Candidate will demonstrate the following Strengths

  • Strong communication, listening, influencing and inter-personal skills.
  • Creative with a curious mind, analytical and problem-solving skills.
  • Advanced planning and organizational skills.
  • Demonstrated success in leading and delivering complex programmes in business and technology.
  • Ability and willingness to travel as needed for client engagements.
  • Ability to navigate ambiguity and work in a self-directed nature.
  • Good understanding of latest leading technologies, data, AI, digital and able to identify opportunities to incorporate them.
  • Strategic thinker and value driven.
  • Strong delivery focus mindset.

Qualifications

  • Bachelor’s or master’s degree in STEM or a related field. MBA is preferred.
  • Additional certifications (e.g., PMP, Agile/Scrum).
  • At least 5+ years of experience in a technology-focused role within management consulting, with substantial experience in the Financial Services & insurance industry.

Other Key Requirements

  • A good understanding of industry drivers, regulations, challenges, and market trends with Key domain knowledge across: Banking- Lending, Payments, commercial and retail banking, Onboarding / KYC, AML/Fraud, Fin crime, Business Banking, capital markets etc.
  • Insurance: P&C Insurance, Reinsurance, Risk Management, Life or General Insurance with experience in underwriting, claims etc.
  • General financial management skills, financial analysis, gained within both commercial and/or not-for-profit organisations.
  • Advanced Excel skills, ability to compile and manipulate data to support reporting.
  • Innovation in both sales and delivery.
  • Proven ability to shape propositions and projects that deliver effective business outcomes for clients whilst managing internal commercial and delivery risk.
  • Excellent people skills and a great team player.

Why Join Us?

For the right talent that want to be part of a diverse team, innovation-driven practice and a high-performance culture, we offer industry-leading compensation and benefits, along with top training and development opportunities so that you can grow your career and achieve your personal ambitions. Curious to learn more? We’d love to hear from you.... Join us today!

Banking Consultants employer: Infosys Consulting

Join a globally renowned management consulting firm that champions innovation and excellence in the Financial Services and Insurance sector. With a vibrant work culture that prioritises inclusivity and personal growth, we offer industry-leading compensation, comprehensive training, and the opportunity to work with cutting-edge technologies on transformative projects for top-tier clients. Be part of a supportive team where your contributions are valued and your career aspirations can flourish.

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Contact Details:

Infosys Consulting Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Banking Consultants

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Infosys Consulting. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Banking Consultants

Project Management
Stakeholder Management
Process Mapping
Process Reengineering
Advanced Excel Analysis
Power BI Reporting
Agile Delivery

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Infosys Consulting.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Infosys Consulting's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Infosys Consulting

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Infosys Consulting.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Infosys Consulting will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Infosys Consulting employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.