Corporate Risk Consulting, Senior Engagement Manager - New York, Toronto
Oliver Wyman’s Corporate Risk (CR) practice helps clients understand and proactively manage risks across their organization, aiming to both improve earnings performance and lower earnings volatility. We work with clients to develop and implement practical tools and sustainable processes that enable more informed strategic decisions, improved risk mitigation, and increased transparency. Projects range from comprehensive risk assessments, which are designed to identify risk exposures and risk drivers across the organization to linking risk-adjusted performance metrics (i.e., earnings at risk, value at risk, economic capital) with key strategic decision making processes (i.e., budget planning, large project approval, M&A, business portfolio design).
Senior Engagement Managers typically work on one or two projects at a time, and can expect to be staffed on 5 or 6 projects in a year in various industries and across geographies. Our risk management specialists come from a range of backgrounds (strategy consultants, Big 4 public accounting consultancies, Oliver Wyman’s financial services group, and risk management advisors, to name a few).
Position – Responsibilities
- Design and apply sophisticated risk management models and methods at the enterprise level to allow firms to make more informed strategic decisions, derive value from their current activities, and strengthen their transparency and corporate governance
- Lead facilitated sessions with senior management focusing on company’s goals, objectives and risks using sophisticated voting software
- Define trends, conclusions and recommendations based on sophisticated economic analyses
- Balance workload on project teams given capabilities and individuals’ development needs
- Guidance to team members in structuring analysis modules and client communication
- Lead, day-to-day point-person for junior staff , as well as senior-level client interactions
- Collaborate with Partners in production and delivery of major presentations, proposals and reports
- Support the CR practice (and OW) in business development activities
- Sharing team knowledge and best practices within CR and across OW
- Developing intellectual capital for the CR practice and writing insightful analyses of optimal risk management practices, strategies and trends
- Expected to progress to Partner level within 3-5 years
- 5-7+ years professional experience in the risk management and strategy areas, either as a consultant within a strategy house, a risk management consultant with a Big 4 consultancy, or as an enterprise-wide risk management practitioner in a leading corporation
- Variety of the following skills, with particular expertise in at least one area: corporate strategy development, the use of risk management techniques in strategic decision making, risk identification, risk quantification and/or quantitative modeling, risk framework development and implementation
- Experience leading and managing teams under pressure and strict deadlines
- Ability to interact effectively with all levels of management (internally & externally)
- Sound business insights and outstanding leadership
- Bachelors or advanced degree from top academic program
