Principal, Banking & Financial Services

OLIVER WYMAN PTE. LTD.; Singapore; On-site; SGD 180,000 - 300,000; Full time

Job summary

Oliver Wyman is seeking a senior Principal to lead strategic engagements in Southeast Asia across the banking and financial services sector. The role blends high-level advisory work with hands-on delivery of digital banking products and AI-enabled solutions, requiring deep industry knowledge and client leadership.

The candidate should bring 8-10 years in financial services, strong analytical skills, and a track record of managing cross-functional teams and complex programs within a top-tier firm

Qualifications

• 8-10 years of relevant Financial Services experience.
• Experience leading teams or work streams and delivering under tight deadlines.
• Strong experience advising banks and consumer-finance institutions.
• Strong analytical and problem-solving skills.
• Background in strategy consulting or in-house consulting is preferred.

Responsibilities

• Lead complex financial-services strategy and transformation engagements across Southeast Asia, combining advisory work with hands-on delivery of digital banking products.
• Lead end-to-end initiatives covering proposition design, business-case development, operating-model and technology-architecture design.
• Manage end-to-end project delivery with hypothesis development, data gathering, and rigorous analysis.
• Build and maintain trusted relationships with senior executives and expand long-term partnerships.
• Mentor and develop junior consultants, fostering a high-performance culture.
• Drive thought leadership by shaping market insights for Oliver Wyman's financial services practice.

Job description

Who We Are

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 6,000 professionals around the world who work with clients to optimize their business, improve their operations, and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman's thought leadership is evident in our agenda-setting books, white papers, research reports, and articles in the business press. Our clients are the CEOs and executive teams of the top Global 1000 companies.

Visit our website for more details about Oliver Wyman: www.oliverwyman.com

Practice Overview

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.

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 dynamic driven individuals with deep expertise to support our continued expansion in the banking and financial services industry.

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.

As a Principal, you will:

• Lead complex financial‑services strategy and transformation engagements across Southeast Asia, combining senior‑level advisory work with hands‑on delivery of digital banking products. The role requires demonstrated expertise spanning digital banking, AI‑enabled management solutions, secured and unsecured digital lending, embedded finance, and virtual assets.
• Lead end‑to‑end initiatives covering proposition design, business‑case development, operating‑model and technology‑architecture design, credit‑risk policies, regulatory engagement, go‑to‑market execution and MVP launch.
• Manage end‑to‑end project delivery (or key modules), including hypothesis development, data gathering, and rigorous analysis to generate actionable insights.
• Build and maintain trusted relationships with senior executives, influencing decisions and expanding long‑term partnerships.
• Partner closely with Oliver Wyman leadership to deliver exceptional work quality and raise the bar on client impact.
• Mentor and develop junior consultants, fostering a collaborative, high‑performance, and learning‑oriented culture.
• Drive thought leadership by shaping and communicating market insights that strengthen Oliver Wyman's profile in the financial services industry.

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 8-10 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.
• Track record of leading and managing teams or work streams and delivering against tight deadlines in fast paced and demanding environments.
• Strong experience advising banks and consumer‑finance institutions, managing senior executives and multidisciplinary regional teams, and converting strategy into successfully implemented products is essential.
• Strong background in strategic problem solving with demonstrable analytical skills.
• Financial services industry knowledge, breadth across or depth within one of our practice areas is preferred.
• Ability to apply content kno