U.S. Consultant, Financial Services and Fintech - 2024
Location: Atlanta, Boston, Chicago, Houston, Los Angeles, New York, San Francisco
Job Description:
L.E.K. Consulting's Financial Services Practice is a dynamic and rapidly expanding sector, offering strategic advisory services to a diverse range of clients in industries including banking, payments, fintech, wealth management, and insurance. Additionally, we serve investors seeking to acquire or deploy capital and generate return in Financial Services and FinTech. We are at the forefront of industry transformation, providing expert guidance on enterprise and business unit strategy, market and product growth strategy, emerging growth domains (e.g., embedded finance), innovation, digital strategy, business model transformation, as well as customer strategy and engagement.
If you are a bright, motivated leader interested in tackling some of the toughest and most interesting business problems, consider joining L.E.K. as a Consultant.
The Consultant role is at the core of our case team structure. Coming from diverse backgrounds and using their creative problem-solving and managerial skills, Consultants at L.E.K. guide our case teams to provide clients insights with impact. You will make a difference by driving our teams to deliver actionable advice and strategies to help our clients win. Consultants at L.E.K. manage a team of Associates and/or Associate Consultants right from the start, and are on point to ensure the team is addressing client problems and delivering an answer. While every case is different, Consultants’ primary responsibilities typically include:
- Breaking down and outlining the client’s key strategic issues.
- Designing and supervising the team’s core research tasks and analyses day-to-day.
- Developing presentations and other deliverable structures.
- Participating in the communication of project conclusions to client senior management.
- Providing guidance, mentorship, and feedback to more junior staff.
L.E.K. recruits the best and the brightest and offers very competitive compensation and benefits. In addition to immediate management responsibility and high-impact work, we promote Consultants to Managers as fast as they develop, based on demonstrated performance and contributions.
Qualifications:
- Financial Services/FinTech experience: In-depth sector experience exhibited through working within a specific financial services industry (e.g., banking, payments, wealth, financial technology, or insurance), or across multiple financial services/FinTech domains. Along with an understanding of the dynamics, key trends, challenges, and opportunities facing the sector presently.
- Exceptional Analytical Skills: Strong problem-solving and quantitative capabilities, with a history of generating actionable insights and driving data-driven decision-making.
- Outstanding Communication Skills: Ability to communicate complex ideas clearly and concisely, both verbally and in writing, to a variety of audiences.
- Collaborative Leadership Style: Ability to inspire and motivate teams, build consensus, and drive collaboration across diverse stakeholders.
- Deep Industry Knowledge: In-depth understanding of the financial services industry, including key trends, challenges, and opportunities.
- Consultants at L.E.K. typically have MBAs and/or a number of years of relevant business experience.
Why L.E.K.?
- Early management responsibility: Consultants have the opportunity to manage the case process and Associate team from day 1 (L.E.K. hires two undergraduates for every new Consultant).
- Breadth of experiences: While our projects span most industries and services, our focus is strategy and M&A. Consultants typically work on ~6-10 projects a year, providing greater exposure across clients and strategic issues, as well as faster development of business acumen.
- Fun, stimulating work environment: L.E.K. teams spend substantially more time in their home office relative to teams at peer firms, and we pride ourselves on a vibrant social culture, including case team events, office parties, non-profit involvement, and much more.
- International exposure: Approximately one-third of L.E.K. projects involve an international component, which allows Consultants to work on international case teams or, if they choose, to relocate to international offices on either a temporary or a full-time basis.
- Upward mobility: L.E.K. is a meritocracy with an entrepreneurial culture and frequent feedback. We rapidly progress responsibility to accelerate our team’s development.
The base salary for the Consultant position is $185,000 (USD). L.E.K. Consulting offers a competitive salary commensurate with experience as well as a performance bonus, profit sharing, and other benefits. The realization of performance bonuses and profit sharing are influenced by both individual and firm performance. Broader firm benefits include 401K, Health/dental/vision insurance, paid vacation and holidays, sick leave and short and long term disability insurance.
International candidates will be considered. L.E.K. Consulting will assist you as necessary in accordance with our policy of obtaining employment authorization, however; we cannot guarantee that work authorization will be granted.
L.E.K Consulting is an Equal Opportunity Employer.
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