Associate/Engagement Manager - Financial Services

Oliver Wyman; Sydney; Hybrid; AUD 160,000 - 260,000; Full time

Benefits offered by this job

25 days vacation

26 weeks paternal leave

Health insurance

Hybrid work

Training curriculum

Well-being programmes

Team-building events

Job summary

Oliver Wyman Australia seeks an Associate/Engagement Manager for Financial Services to help top banks and insurers tackle strategic issues. You will lead small teams, break down complex problems, and deliver actionable recommendations in collaboration with clients and colleagues.

The role offers a hybrid work model in Sydney or Melbourne, with travel and a strong emphasis on analytical rigor, problem solving, and clear communication. 4–8 years FS experience and industry knowledge are required.

Qualifications

• 4–8 years FS experience, ideally with a top-tier strategy consulting firm or industry experience
• In-depth knowledge of the sector gained through industry or consultancy
• Strong analytical and synthesis skills to identify trends and present recommendations
• Outstanding written and verbal communication skills in formal and informal settings
• Willingness to travel and take initiative to learn new skills and apply them

Responsibilities

• Break down complex problems into discrete tasks and direct junior consultants to key elements
• Plan and execute analyses and identify core issues to craft recommendations
• Work side by side with clients and project team to move projects forward and manage small teams

Skills

FS experience 4-8y

Industry knowledge

Analytical skills

Communication skills

Willingness to travel

Initiative and creativity

Job description

Associate/Engagement Manager – Financial Services

Who we are

Oliver Wyman is shaping the future of the financial services industry by helping the world's top financial institutions address their most significant issues. We have an unparalleled understanding of the evolving market structures, economics, and strategic and regulatory trends across all segments of the financial services sector. Our distinct approach is characterized by deep specialization and rigorous fact-based analysis.

The Practice Group is organized into different practices either serving specific financial services segments (Corporate & Institutional Banking, Retail & Business Banking, Wealth & Asset Management, Insurance) or providing functional expertise across these segments (Finance, Risk & Public Policy).

We continuously strive to be trusted advisors for financial sector leaders, supporting them on their most critical and complex problems and delivering impact and transformations for them. Our portfolio of clients ranges from the top regional banks to investors, capital markets, insurers, central banks, and ministries of finance. Widely recognized as influential thought‑leaders, we draw on a deep understanding of our clients' businesses and our own in‑depth industry knowledge to develop sustainable strategies and cutting‑edge policies for the top companies and governments in the region, working closely with senior executives and top leaders of regional governments.

Our team is seeking extraordinary individuals with deep expertise to support our continued expansion in the financial services industry and to join either our Sydney or Melbourne office.

What You Will Do

Experienced professionals bring us the know‑how to make lasting change for our clients and our company. We position ourselves as a pure player in strategy consulting. We provide deep industry‑ and discipline‑specific knowledge and expertise, which amplifies our impact and helps us shape the future for our clients. Oliver Wyman is a diverse, entrepreneurial, non‑competitive partnership of individuals who like to pursue new opportunities or build a unique franchise doing what they do best in a collegial, fun environment.

You will break down complex problems into discrete tasks, identifying the key aspects of a problem and directing the focus of junior consultants to those elements. You will effectively plan and execute analysis as well as identify the core issues in complex analyses in order to be able to craft suitable recommendations. You will work side by side with clients and your project team members to move projects forward and manage small teams to get the work done. Clients and colleagues look to Associates for unique insight into the subject area which they have chosen.

What You Will Bring

Just as every client project is different, so we recognize and value the diversity of backgrounds and skillsets for successful candidates. We are seeking high‑calibre individuals who want to join our winning team. Preference will be given to candidates with:

• At least 4 -8 years of relevant Financial Services experience, ideally with a top‑tier strategy consulting firm (or similar organisation) or with industry experience from a strategy department or in‑house consulting
• In‑depth knowledge of the sector, either gained through experience in the industry or in other consultancy houses
• Strong analytical and synthesis skills and ability to conduct and leverage sophisticated analyses to identify trends, draw conclusions and present recommendations
• Outstanding written and verbal communication skills in both formal and informal settings
• Willingness to travel
• Know how to take the initiative, seeking out opportunities to learn new skills and put the ones you’ve already got to good use
• Not just intelligence, but creativity too: you’ll be ready to come up with novel ideas to solve our clients’ biggest problems
• Have an aptitude for analytical work, like sniffing out clues in massive data sets or hunting down the key issues in a hugely complex challenge

Benefits Of Working At Oliver Wyman, Australia

• 25 days of vacation days for well‑deserved breaks
• 26 weeks paid paternal leave for all employees.
• Discounted health insurance, protecting you and your loved ones.
• Flexible work arrangements including hybrid working, supporting you to balance work and life.
• Comprehensive training curriculum designed to support career progression at all levels.
• Employee assistance programmes that offer free sessions on counselling, wellbeing coaching, holistic support (financial coaching, nutritional support, legal advice) and manager support programs.
• Well‑being programmes offering discounted gym memberships and health reimbursement.
• Company‑sponsored social events and team‑building activities to foster a collaborative and friendly environment, including regional offsites.

Oliver Wyman, a Marsh (NYSE: MRSH) business, is a management consulting firm driven by deep industry insight, bold innovation, and a collaborative approach that cuts through complexity to help organizations navigate their most defining transformative moments.

Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visitoliverwyman.com, or follow us onLinkedInandX.

Marsh is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. Applications will only be considered from candidates who have the appropriate approval to work in Australia. Successful applicants will be required to complete a Criminal & Bankruptcy check prior to commencing of employment.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office‑based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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