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 5,000 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.
Practice Group: Financial Services
Overall Practice: Finance and Risk
Practice Regulatory Compliance
Location: NYC preferred (would also consider Toronto, Washington DC, Boston, Chicago, San Francisco)
Role: Engagement Manager
The applicable base salary range for this role is $200 – $240K
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis.
In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Finance and Risk and Compliance Practices
Oliver Wyman is shaping the future of the financial services industry by helping the world’s top financial institutions address their most significant issues. We have an unparalleled understanding of the evolving market structures, economics, and strategic and regulatory trends across all segments of the financial services sector. Our distinct approach is characterized by deep specialization and rigorous fact-based analysis.
The Compliance Practice within the overall Finance and Risk Practice, part of our Financial Services Group, is seeking Engagement Managers to support and contribute to our continued business growth. This is an exciting opportunity to be part of a very successful team that is a strategic priority for the firm. Oliver Wyman’s Finance, Risk and Compliance practice is the leading strategic risk management consultancy, engaged to solve the most challenging problems at the largest and most complex global financial institutions.
The Compliance Practice advises clients in the financial services sector to adapt their risk management strategies to emerging risks and rising regulatory expectations. Our projects focus on issues at the top of the C-suite (in particular the CRO and CCO) and Board agendas and span a wide spectrum of disciplines. Our recent projects have covered topics including:
Compliance function structure and reporting lines and accountabilities across the lines of defense
Compliance Framework and Process Enhancement (e.g., Information barriers, Privacy)
Risk Assessment, Horizon Scanning, Regulatory and Control Inventories
Board Reporting, Risk Appetite and Metrics
Monitoring, Testing and Surveillance
Non-Financial Risk Alignment across Operational Risk and Compliance
Issue Management and Escalation Processes
Policy Frameworks and Training
Remediation and exam response across a variety of regulators including FRB, OCC, CFPB, SEC, FINRA, CFTC and NFA
For more information about our Practice, please visit the Oliver Wyman Regulatory Compliance Page
Engagement Managers are critical leaders within our consulting team, working side-by-side with our clients. The position offers excellent career and growth opportunities for talented, highly motivated professionals with relevant prior experience. Initial responsibilities typically include:
Leading teams of consultants on a wide range of Compliance related topics. This typically includes developing hypotheses; managing data collection and analyses; conducting primary and secondary research; creatively tackling information limitations; and surfacing insights
Synthesizing findings into written presentations; reviewing and discussing with clients and other stakeholders
Overseeing and guiding the consulting team as they develop hypotheses, review client information and conduct client interviews, derive insights, and produce deliverables
Supporting Partners in project execution through excellent project management, including work planning, workflow management, and coaching / developing more junior team members
Managing client relationships and networks, presenting to senior audiences, and working day-to-day with senior and mid-level clients
Effectively communicating issues and solutions in formal and informal settings, through written and verbal communication
Desired Skills and Experience
Just as every client project is different, so we recognize and value the diversity of backgrounds and skill sets for successful Engagement Manager candidates. We are seeking high-caliber individuals who want to join our winning team. Preference will be given to candidates with:
4-7 years of relevant consulting and/or industry experience, either at a top-tier consulting firm or a financial services institution and prior experience with Regulatory Compliance topics with a strong desire to further build a career in this area
Track record of leading and managing teams, and delivering results in fast-paced, demanding environments
Strong background in strategic problem solving and qualitative analytical skills
Outstanding written and verbal communication skills
Undergraduate or advanced degree from a top academic program
Location: NYC office preferred (also considering Toronto, Washington DC and Boston)
Our team comprises all sorts of people from all sorts of backgrounds. We don’t care whether you’re loud or quiet, funny or serious, introverted or extroverted. We value a diverse environment where every member of Oliver Wyman is encouraged and expected to voice his or her opinion. We do, however, ask that you have:
A genuine passion for solving problems across Regulatory Compliance topics
Outstanding problem-solving and qualitative analytical skills
An ability to learn quickly and adapt to new environments
Strong client relationship skills
Excellent communication skills, both verbal and written
A clear commitment to creating impactful solutions that solve our clients’ problems
A clear commitment to doing what is right for our clients and colleagues
The ability to work fluidly and respectfully with our incredibly talented and diverse team
A willingness to travel (when it is safe to do so again)
Our Values & Culture
We’re serious about making OW a rewarding, progressive, enjoyable and balanced place to work.
Self-starters and free thinkers who work well in a team
We are self-starting, motivated, energetic, entrepreneurial about what we do
Common aspiration, collective endeavor, shared success
We have the common aspiration to have an impact, leave a legacy and change the world. We have no interest in running a steady-state business. We want to build, grow and shape the environment around us
Straightforward, open, respectful interaction
We value an environment where every member of Oliver Wyman is encouraged and expected to voice his or her opinion
Opportunity without artificial barriers
We value merit and believe that to create a true meritocracy we need to remove artificial barriers to opportunity
We value people whose lives balance work and non-work activities because we believe they are both more interesting colleagues and are able to make better contributions to the Firm. We push ourselves hard to deliver excellence, but we also work to extract the maximum benefit from the flexibility of a project-based business. We provide the ability to take career breaks for personal or family reasons. We fundamentally value each other’s time and are sensitive to how it is used. We are an output not input-based culture, have respect for people’s personal decisions, and believe that one’s workload must be sustainable. We seek balance for ourselves and our colleagues.
How to Apply
If you like what you’ve read, we’d love to hear from you. If you’d like to learn more about the firm during your application process, please visit www.oliverwyman.com/careers.
Oliver Wyman is an equal opportunity employer.
Our commitment to diversity is genuine, deep and growing. We’re not perfect yet, but we’re working hard right now to make our teams balanced, representative and diverse.
Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. Please note that CPT and OPT are restricted forms of work authorization.