Senior Managing Consultant - Financial Institution Advisory

About the role

We do Consulting Differently. 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. The team of experts is looking for a Senior Managing Consultant who is eager to build on their experience working in financial services and the banking industry.

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.
• Functional areas of work encompass regulatory, risk and controls; finance and accounting; technology enablement; and business process optimization.
• Works 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.

Financial Industry/Product Knowledge

• Prior work experience with Financial Institutions involved with the following activities is required:
• Banking (community / regional / money center / international / international branch)
• Mortgage (originators, servicers, secondary marketing, GSEs)
• Auto Finance
• Student Loans
• Commercial Loans
• Equipment Finance
• Deposits
• Capital Markets
• Derivatives
• Structured Products
• Insurance
• Capital Planning
• Liquidity Planning

Functional Capabilities

• Risk and Control Assessments.
• Process mapping/flows.
• Assessment of compliance with consumer regulations (CFPB / OCC / Federal Reserve / State Law Requirements).
• Business process remediation.
• Consumer compliance testing and financial harm analysis.
• User requirement development / user acceptance testing.
• Credit risk management.
• Financial risk management.
• Quantitative analytics.
• Valuation of financial instruments.
• Project / program managers.
• AML / BSA / KYC / OFAC.
• BCBS 239.
• Capital planning and stress testing.
• Capital markets compliance.
• R, SAS, Python and/or SQL programmers.
• RPA, current knowledge of AI used for segmentation, pricing/complaint analysis.

Qualifications

• A degree (e.g., BS, BBA, with a focus in business) in accounting, finance, economics, statistics, or a related field.
• Prior work experience with a focus on financial services.
• Strong PowerPoint presentation skills/techniques.
• Ability to create decks and agendas that provide robust transparency as to project status.
• Proven capability with MS Excel.
• A desire to expand those capabilities is required, as is the ability to train others to use such tools.
• Desire and ability to manage processes and other more junior staff, as necessary.
• Commitment to producing high quality analyses and attention to details.
• Keen interest in economic or financial analyses and research.
• Strong verbal and written communication skills;
• Desire to work within a team environment.
• Ability to travel to client sites on demand is required.

Additional Qualifications

• MBA, M.A., M.S., etc.
• Professional certifications such as: CPA; CFA; CRCM; FRM; PMP.
• Six Sigma or related black belt or green belt credential.

Pay

Salary Range: $170,000 – $196,000 per year.