Corporate Risk Management Associate
Overview: The
Corporate Risk Management Initiative is a cutting-edge group within
McKinsey which links together all of our consultants worldwide who help
clients on issues relating to risk management and risk-informed
strategic decision making. The group’s work cuts across all
industry sectors except banking and insurance. The most active sectors
include global energy and materials, pharmaceutical/medical products,
consumer and packaged goods, travel and logistics, high tech/telecom,
and private equity. The group also takes a cross-functional view which
incorporates approaches linking strategy, corporate finance, and
operations. The mix of work involves advanced quantitative modeling of
risk, but the emphasis is on supporting value-focused actionable
business decisions by top management, and on capability building within
the client organization
Detailed Description: The Corporate Risk Management Associate will :
• Assist client teams in understanding and quantifying risk
exposures, evaluating risk strategies, and building and maintaining
risk models by being staffed full-time on one engagement or providing
ad-hoc assistance to several engagements
• Serve as a thought partner on client engagements, engaging in
problem solving & discussion around topics related to risk with
McKinsey consultants and clients
• Contribute to knowledge development by helping define and
elaborate distinctive risk-based methodologies to support top
management-level strategic decisions
• Work across multiple industries, focus on energy/natural
resources, basic materials/chemicals, industrial, travel and
pharma/medical products
Desired Skills:
• Strong quantitative, analytical, and problem solving skills combined with outstanding business acumen
• Experience building large scale quantitative models necessary.
Knowledge of risk or other probabilistic modeling techniques or tools
an asset e.g. Monte Carlo, Value at risk (VAR), @Risk, Crystal Ball,
MATLAB
• Demonstrated record of leadership, innovation, initiative and drive
• Work experience in risk management or risk trading/intermediation is an assetl
Please note that we require both local language and English language
fluency for all positions in countries where English is not the native
language.
Background/Training: We seek out candidates with distinctive records of academic achievement with one of the following profiles:
• MBA with an undergraduate degree in a heavily quantitative discipline (Physics, Mathematics, Computer Science)
• Ph.D. degree in Business/Finance (ideally focused on risk),
Economics, Physics, Statistics/Mathematics, Operations Research,
Engineering
• Masters degree in Finance, Financial Engineering, or Applied Mathematics
About the Practice: The
Corporate Risk Special Initiative helps deliver distinctive insight to
clients (primarily outside banking) on issues related to risk
management. For further information please visit our website at
http://www.mckinsey.com/careers/cri/
Location: Houston, Montreal
Area: Consulting
Code: CSCNOXXPS100600
