Financial Services Associate Director - Consumer Finance

$125,000 - $300,000/Yr

Berkeley Research Group - New York, NY

Full-time - Mid Level

New York, NY

Professional, Scientific, and Technical Services

About the position

BRG's Financial Institution Advisory practice specializes in helping commercial banks, consumer finance companies, credit unions, mortgage banks, capital market participants, and insurance companies solve pressing business issues. Our experts bring a mix of functional expertise including CPAs, CFAs, CROs, CRCMs, FRMs, former regulators, financial modelers, technologists, former bankers, and longtime consultants—to address immediate risks and drive tangible benefits. As an Associate Director in Consumer Finance, you will be at the forefront of advising clients across investment and commercial banking, consumer finance and leasing, and insurance and investment management. This role is designed for a highly energetic, junior-level financial professional coming out of a banking environment who is eager to build on their experience in financial services and the consulting industry. You will utilize your solid analytical ability and strong organizational skills to solve complex problems, engaging in both execution and oversight of engagement work streams that may be either qualitative or quantitative in nature. Your responsibilities will include conducting business process reviews, current state assessments, and developing roadmaps to improve operations, compliance, or control. You will assist clients with technology enablement and dashboard reporting, perform financial and accounting reviews, manage junior staff, design statistical and financial analysis, model financial data and markets, ensure quality control, and develop and present client deliverables. Additionally, you will manage existing client relationships, conduct industry research, and contribute to the expansion of business. This position requires a proactive approach to managing client engagements, with a focus on financial risk management including credit risk, valuation, capital planning, stress-testing, liquidity, resolution planning, and model risk management. You will also work on data-intensive projects, including analytics, governance, and manipulation, to support a variety of financial risk initiatives.

Responsibilities

• Work directly with senior professionals to execute various financial institution advisory projects related to financial risk management including credit risk, valuation, capital planning, and stress-testing, liquidity, resolution planning, and model risk management.
• Work on data intensive projects, including analytics, governance, and manipulation, to support a variety of financial risk initiatives.
• Plan and manage all aspects or certain aspects of client engagements depending on their size and complexity.
• Delegate assignments to staff, instruct and monitor progress, and review work product for completeness and accuracy.
• Develop analyses and financial models using transactional data and/or financial data.
• Generate client deliverables and make valuable contributions to expert reports.
• Manage client relationships and communicate results and work products as appropriate.
• Demonstrate creativity and efficient use of relevant software tools, analytical methods and computer models to develop solutions.
• Participate in group practice meetings, contribute to business development initiatives and office functions such as staff training and recruiting.
• Prioritize assignments and responsibilities in order to meet goals and deadlines.

Requirements

• A Bachelor's degree with a focus in business, accounting, finance, economics, statistics, or a related field;
• Minimum 8 years of prior work experience, ideally in a consulting or professional services environment;
• Prior work experience within the banking environment focused on financial services;
• Proven capability with MS Excel. A desire to expand those capabilities is required, as is the ability to train others to use such tools;
• Strong understanding of accounting principles and financial statements;
• Strong PowerPoint presentation skills/techniques. Ability to create decks and agendas that provide robust transparency as to project status;
• Ability to interpret the results of qualitative and quantitative analysis and develop insights and recommendations;
• Ability to manage and analyze large volumes of financial and operational data;
• Strong verbal and written communication skills;
• Ability to travel to client sites on demand required;
• Desire to work within a team environment.

Nice-to-haves

• MBA, or Masters in Finance, Accounting, or a related field;
• Professional certifications such as: CPA; CFA; CRCM; FRM; PMP;
• Six Sigma or related black belt or green belt credential;
• Spanish speaking skills highly preferred.

Benefits

• Competitive salary range of $125,000 - $300,000 per year.