Alvarez & Marsal - New York, NY

posted 5 months ago

Full-time - Mid Level
New York, NY
Professional, Scientific, and Technical Services

About the position

Alvarez & Marsal's Financial Services Industry group is dedicated to partnering with financial services firms and private investors to drive results, create value, and unlock business opportunities at every stage of their growth strategies. The group focuses on providing comprehensive solutions through deals, disruption, and distress management, working closely with clients to catalyze growth and profitability while navigating complex industry challenges. The team harnesses rapid technological changes to provide market advantages, delivering end-to-end portfolio and M&A services, driving innovation, revenue growth, and efficiency through business transformation, and executing rapid solutions to turn around businesses. Clients can expect tangible results through action-oriented leadership and success-aligned fee arrangements, all delivered by a global team of turnaround experts, industry operators, digital leaders, and regulatory specialists. As a consultant within this group, you will support clients in the Wealth Management industry ecosystem, which includes Investment Products and Solutions, Client and Advisor Experience, Platforms and Technology, Front/Middle/Back Operations, and Risk and Regulatory. This role is designed for individuals who are excited to leverage their experience to transform Financial Services organizations, working across the C-suite to capitalize on disruption, enable competitiveness, and drive growth and profitability through continuous innovation. This is an in-office hybrid role, with locations available in New York, Dallas, or Atlanta. Your responsibilities will include supporting the day-to-day execution of consulting projects, ensuring successful delivery of client requirements within the scope of the engagement. You will own project planning and process management, communicate progress to clients and A&M leadership, and drive the development of content either directly or by guiding the consulting team. Managing client relationships on a daily basis, supporting project scope, and maintaining an acceptable pace of work will be key aspects of your role. You will also support multiple client and stakeholder relationships, contribute to the development of intellectual property within the Financial Services Industry, and engage with macro industry trends to generate thought leadership and innovative ideas. Additionally, you will provide mentorship and coaching to Consultants and Analysts, helping them develop their consulting skills and grow within the organization.

Responsibilities

  • Support the day-to-day execution of consulting projects and ensure successful delivery of client requirements within the scope of the engagement.
  • Own the project planning and process management, communicating progress to clients and A&M leadership.
  • Drive development of content, either directly or by providing guidance to the consulting team.
  • Manage the client relationship on a day-to-day basis, supporting project scope and maintaining an acceptable pace of work.
  • Support multiple client and stakeholder relationships and networking within the client organization to understand their needs and influence the client agenda.
  • Contribute to the development of intellectual property within the Financial Services Industry, improving methodologies, tools, techniques, and developing new ideas and approaches.
  • Support business development efforts, building understanding of how to architect and position proposals and statements of work.
  • Engage with Wealth Management macro industry trends, competitive dynamics, and disruptors to generate thought leadership and innovative new ideas.
  • Provide mentorship and coaching to Consultants and Analysts to help develop their consulting skills.

Requirements

  • Minimum 5 years of Strategy Consulting and/or industry experience supporting Wealth Management, FIG Investment Banking, or Private Equity.
  • Experience in Growth Strategy and Business Model Transformation, Performance Improvement/Cost Re-engineering, Mergers & Acquisitions, Pricing and Revenue Optimization, Data, Platform and Technology Modernization, Innovation, Data & Analytics, Digital and AI.
  • Outstanding problem-solving acumen with strong quantitative and qualitative analytical skills.
  • Proven ability to derive insights from large volumes of unstructured information to solve complex, ambiguous problems.
  • Ability to deliver impactful results from ideation to execution by working independently and collaborating within cross-functional teams across multiple, concurrent projects.
  • Exceptional Microsoft PowerPoint and Excel skills.
  • Bachelor's Degree.

Nice-to-haves

  • Proven success in contributing to a team-oriented environment.
  • Experience leading projects and/or teams.
  • Excellent communication (written and oral) and interpersonal skills.
  • MBA or another type of advanced degree.

Benefits

  • Salary range of $135,000 - $190,000 annually, dependent on education, experience, skills, and geography.
  • Discretionary bonus program based on individual and firm performance.
  • Healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages.
  • 401(k) retirement plan with discretionary contributions from Alvarez & Marsal.
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