What are the responsibilities and job description for the Management Consultant - Banking position at TheStaffed?
Our client, a top-tier management consulting company, is seeking a Management Consultant – Banking.
Responsibilities and Requirements:
· Prepare client proposals, presentations, and project deliverables, ensuring high-quality and timely completion
· Conduct comprehensive assessments of client organizations, business processes, and systems, identifying opportunities for improvement and recommending innovative solutions to enhance efficiency, mitigate risks, and optimize performance
· Manage project delivery from inception to completion, ensuring alignment with client objectives and timelines, under the guidance of a Career Advisor
· Run workshops with key stakeholders and elicit requirements effectively
· Mentor and guide a diverse team of talented consultants fostering their growth and enabling them to reach their highest potential
· Develop and communicate new ideas and conceptualize innovative approaches and solutions
· Manage client relationships, serving as a trusted advisor and building rapport through effective communication, stakeholder engagement, and value-added service delivery, and uncover new opportunities for account growth and impact
· Contribute to business development efforts and networking activities to identify new opportunities and expand our presence in the banking market
· Contribute to the firm's growth initiatives
· Stay abreast of industry trends, emerging technologies, digital innovations, and best practices in the banking industry, sharing knowledge and insights with colleagues and clients
· Bachelor's degree in finance, business, economics, or a related field; MBA or advanced degree is a plus
· 2-7 years of experience in management consulting, financial services, or banking, with a focus on strategy, operations, risk management, or other core business products and processes
· Track record of successfully leading consulting engagements, managing client relationships, and delivering tangible business results in the banking industry
· Strong understanding of banking products, processes, and operations across wealth management, retail banking, corporate banking, or investment banking
· Analytical mindset with the ability to gather, interpret, and analyze data to derive meaningful insights and develop strategic recommendations and an understanding of project management methodologies, tools and techniques
· Experience with technology and transformation programs within financial services organizations is a plus
· Understanding of Agile methodologies; with existing Scrum Master certifications a plus
· Excellent communication skills, with the ability to convey complex concepts clearly and concisely to diverse stakeholders
· Ability to work effectively in a team environment, collaborate with colleagues from various backgrounds, and build positive relationships with clients
· Ability to manage multiple priorities, meet deadlines, and deliver high-quality work under pressure
· An entrepreneurial mindset to assist in a variety of projects and firm initiatives
· Willingness to travel as required