At a Glance
- Tasks: Join a dynamic team solving complex financial challenges and driving impactful strategies.
- Company: Oliver Wyman, a global leader in management consulting with a vibrant culture.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Collaborative culture focused on innovation and career sustainability.
- Why this job: Be part of a fast-paced environment where your insights can shape the future of finance.
- Qualifications: 3-6 years in consulting or banking, strong communication skills, and fluency in English and Spanish.
The predicted salary is between 63000 - 77000 £ per year.
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.
The candidate would become part of Oliver Wyman’s Banking & Financial Services practice, and will be part of a team that will work hand in hand with the wider OW European partners and experts to develop business and help our clients 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.
Required:
- +5 years of relevant experience in Consulting or Banking
- Excellent team management, communication and problem-solving skills
- Proficient in English and Spanish
- Data and analytics skills are positively considered
We are looking for top-performing profiles passionate about problem solving 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:
Banking & Financial Services (including our Capability Practice “Finance and Risk”) 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 (experience on at least one of these topics is required):
- Strategy & corporate finance (market entry, growth, M&A, portfolio optimization)
- Transformation programs, strategic plan definition
- Finance, Risk & regulation (credit, market, operational, capital & liquidity, stress testing)
- Digital, data & technology (platform modernization, cloud, data strategy, AI/ML)
- Operations & cost transformation (process redesign, FTE reduction, target operating models)
- Customer & proposition design (retail, wealth, commercial banking, payments)
What You Will Do:
You will 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 craft suitable recommendations. You will work side by side with clients and your project team members to move projects forward and manage small teams to get the work done.
Your Attributes and Experience:
- 3-6 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
- Ability to break down and solve problems through quantitative thinking and analysis
- Ability to work collaboratively in a team and create an inclusive environment
- Ability to work under pressure and willingness to travel to clients worldwide
- 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. We stand behind our beliefs while exploring what drives them. We build relationships with clients and colleagues that last, grounded in transparency, authenticity, and trust. We bring deep expertise and profound curiosity to the pursuit of ambitious ideas and uncommon insights. We succeed as a unified team of colleagues and clients, achieving together what separately would be beyond our reach. We act as entrepreneurs and stewards of the firm, holding ourselves to the highest standards to deliver stronger results for our clients.
Oliver Wyman 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 colour, or any other characteristic protected by applicable law.
Marsh 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 colleagues are expected to be in their local office or working onsite with clients at least three days per week.
Banking & Financial Services / Associate / Engagement Manager / Madrid in London employer: Marsh McLennan
Marsh Commercial is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. With a strong focus on employee growth, you will have access to ongoing professional development opportunities while working in a hybrid environment that balances flexibility with in-office teamwork. Join us to make a meaningful impact in insurance and risk management, all while being part of a supportive and forward-thinking team.
StudySmarter Expert Advice🤫
We think this is how you could land Banking & Financial Services / Associate / Engagement Manager / Madrid in London
✨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 Marsh McLennan. 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 & Financial Services / Associate / Engagement Manager / Madrid in London
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 Marsh McLennan.
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 Marsh McLennan'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 Marsh McLennan
✨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 Marsh McLennan.
✨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 Marsh McLennan 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 Marsh McLennan 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.
