Jr Consultant/Consultant - Risk & Resilience

Berlin, Cologne, Copenhagen, Dusseldorf, Frankfurt, Hamburg, Lisbon, Madrid, Milan, Munich, Paris, Rome, Stockholm, Stuttgart,

Who You'll Work With
You will work as part of our global Risk & Resilience Practice supporting clients across many different industries facing challenges that go beyond just managing risk. We help clients by delivering a tailored approach to enhance resilience, create value, and build risk skills and assets. Resilience is more relevant than ever before given the pandemic, climate disasters, cybersecurity breaches, supply chain disruptions, inflation, regulatory actions, and many other issues faced by clients.

We serve clients across industries in a full range of risk areas including credit risk, crisis response, risk data and digitization, operational risk, compliance and controls, enterprise risk management and risk culture, trading and balance sheet risk, risk advanced analytics, and risk and regulation.

Organizations of all kinds today face unprecedented levels and types of risk produced by a diversity of new sources. By developing an effective, risk-informed strategy, we can help our clients offer a major source of competitive advantage. We take a truly global, cross-sector, cross-functional view of risk issues, combining McKinsey’s deep industry insight and strategic skills with a structured risk-management approach, proven methodologies focused on true risk transformation, advanced analytics, and practical implementation.

What You'll Do
You will work as a Jr Consultant/Consultant in our Risk & Resilience Practice in one of our European practice hub locations to help clients embrace uncertainty, embed resilience, and enable growth by developing strategies that are integrated with our clients’ business context and goals to help them better prepare for and manage risks to ensure institutional resilience.

You will work as part of a team of consultants to assist the client in understanding and quantifying risk exposures and evaluating risk strategies.

You will help equip clients to respond to critical vulnerabilities and disruptions by addressing immediate risks and gaps across all dimensions of risk management. Through data and analytics-drive scenario planning and stress-testing, you will partner with clients to build enterprise risk management capabilities, anticipate risks, and identify growth opportunities.

You will help clients translate these insights into action and institutionalize resilience and crisis preparedness across the organization and help embed contingencies within long-term strategies designed to help our clients unlock sustainable growth.

When you join McKinsey as a Jr Consultant/Consultant, you join a firm that will challenge you and invest heavily in your professional development. You’ll gain new skills and build on the strengths you bring to the firm. McKinsey believes in strengths-based development and coaching, and you’ll receive frequent coaching and mentoring from colleagues. This support includes a senior colleague from the Risk & Resilience Practice who will help you grow and achieve your career goals as well as several weeks of formal training.

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Qualifications

• Excellent records of academic and professional achievement in the field of risk & resilience
• Advanced graduate degree strongly preferred (e.g., Masters, MBA, PhD) with focused in business/economics or a quantitative discipline (statistics, mathematics, or physics)
• 2 – 8 years of experience in risk management in any industry sector and/or experience in a consultancy (with risk focus) and/or comparable experience in banking, risk regulation & compliance, capital markets, market risk, treasury & balance sheet management, trust & safety, insurance (actuarial experience with life insurance underwriting exposure and/or M&A actuarial background a plus), non-financial risk and ESG
• Exceptional analytical, quantitative and conceptual problem-solving skills
• Ability to work collaboratively in a team and create an inclusive environment with people at all levels of an organization
• Capability to drive an independent workstream in the context of a broader team project
• Ability to communicate complex ideas effectively – both verbally and in writing – in English and the local office language(s)
• Willingness to travel

Industries
Financial Services,

Capabilities
Risk & Resilience,

FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.

FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion

sites.