Oliver Wyman - Principal - Finance & Risk, FS - Shanghai
About Oliver Wyman
Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 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.
Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. Twitter @OliverWyman.
Marsh and McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, and gender identity.
Visit our website for more details about Oliver Wyman: (link removed)
Job specification
Job title:
Engagement Manager/ Principal
Department:
Finance & Risk
Office/region:
Shanghai / Beijing
Reports to:
Partner
Hours:
Normal Business Hours
Job Overview:
The Finance and Risk practice, part of our Financial Services Group, is seeking an Engagement Manager or a Principal to support our continued expansion, a strategic priority for the firm. This is an exciting opportunity to be part of a successful team that represents a core competency of the firm.Oliver Wymans Finance and Risk practice is the worlds top strategic risk management consultancy, and is engaged to solve the most challenging problems at the largest and most complex global financial institutions. Furthermore, Oliver Wyman is also looking at the implications of digital on finance and risk management.
Finance and Risk is the largest of our specialized practices within Financial Services and is the cornerstone of Oliver Wymans 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:
Design of finance and risk governance framework and organisational structuresRegulatory compliance and dialogue (e.g. Basel 2/3, EMIR, Dodd-Frank)
Liquidity and funding risk management
Strategic balance sheet management and asset/liability risk
Articulation of Risk Appetite at Board and ExCo level, and embedding RA 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
Assessment and refinement of risk culture Design of Board and ExCo level Risk reporting
Redesigning the strategic planning process
Strategic financial resource management initiatives (e.g. balance sheet management, RWA optimization)
Recovery and resolution planning
For more information about our Practice, please visit: (link removed)
Key Responsibilities:
Engagement Managers direct the day-to-day work of our consulting teams, working side-by-side with our clients. The Engagement Manager position offers excellent career and growth opportunities for talented, highly motivated professionals with notable prior experience. Engagement Managers are given the opportunity for rapid professional growth, to participate in entrepreneurial work, and to share in the success of the team. Initial responsibilities may include:Leading teams of consultants in complex analysis and strategic problem solving including: problem framing, the use of advanced analytical techniques (regular regression and machine learning), results synthesis, and identification of client implications, especially in the risk analytics space but may require coverage across all Financial Services subsectors
Overseeing and guiding the consulting team as they digest firms previous intellectual capital, develop hypotheses; manage data collection, model development and analyses; conduct primary and secondary research; creatively tackle information / data limitations; and surface insights
Effectively communicating issues and solutions in formal and informal settings, both verbally and in writing
Supporting Partners in project execution through excellent project management including: work planning, managing work flow, upward management and coaching/developing more junior team membersManaging client relationships and networks, presenting to senior audiences, and working day-to-day with mid-to-senior level clients
Develop content in risk analytics space, especially on retail and corporate credit risk, with bonus point if can cover topics including one or many of the following: emerging risks including climate / nature related risk, cybersecurity risk, AI risk, technology risk, compliance & AFC, etc.
Principal Additional Responsibilities:
Support business development and generate new client or project opportunities, especially in the risk analytics space a self-starter on business development and play team sports in cultivating opportunities and deepening client relationships beyond project work
Oversight of large or multiple client engagements work planning, communications, process and client management
Lead, day-to-day trusted advisor for mid-level and senior-level client interactions; support executive-level client communication and relationship management for identifying truly transformative moments at the clientsCollaboration with Engagement Managers and Associates in guiding team members in structuring analysis modules and client communications
Sharing team knowledge and best practices across the firm
Experience Required:
Just as every client project is different, we recognize and value the diversity of backgrounds and skill sets for successful Engagement Manager/ Principal candidates. We are seeking high-caliber individuals who want to join our winning team. Preference will be given to candidates with:5+ years of relevant experience, ideally with a top-tier strategy consulting firm (or other similar organizations with project-based, team-oriented environments)
In-depth knowledge of topics in Finance and Risk, especially risk analytics, gained through experience in the industry or in other Top Tier consultancy houses, prior experience with risk or front-line analytics functions
Skills and Attributes:
Track record of leading and managing teams, and delivering against tight deadlines in fast-paced, demanding environmentsStrong background in strategic problem solving with demonstrable skills in analytics (e.g. model development experience in Python, R, SAS, etc.)
Good understanding of analytics and risk management in financial services
Outstanding written and verbal communication skills
Undergraduate or advanced degree from a top academic program
Willingness to travel
Native in Chinese & professionally fluency in English
How to Apply
Please apply directly or send CV and cover letter to: (e-mail removed)