Oliver Wyman

Financial Services | Payments – Associate, Engagement Manager, Principal (m/f/d) – Germany

Munich | Frankfurt | Dusseldorf | Berlin | Hamburg

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.

Our payments team draws on deep expertise from years of work with banks, merchants, networks, fintechs, processors, and investors in driving for impact for our clients. The European payments landscape is undergoing significant transformation, driven by technological advancements, changing consumer preferences, and regulatory developments. With our recent acquisition of Innopay, we are creating a unique offering for our clients.

We continuously strive to be the trusted advisor 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 within payments, which is experiencing significant growth.

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.

ASSOCIATES 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.

ENGAGEMENT MANAGERS are the on-scene leaders who run our projects day to day. You will lead the team through an efficient and effective problem-solving process from initial thought process through convergence on a solution. You will ensure that recommendations are correct, practical, sensible, relevant and cohesive. It's a role that demands thought leadership at the strategic level – and command of all the technical and operational details of execution. You will need great communication skills and the ability to forge strong relationships.

PRINCIPALS are experts in particular content areas and provide day-to-day leadership of complex client projects and aspects of the client relationship and commercial process, teaming with Partners. They ensure on-time delivery that meets or exceeds agreed upon goals, leveraging Oliver Wyman best practice, their own expertise and the firm's technical competence. They become trusted advisors to senior clients, with the ability to guide and influence their thinking, and to be viewed as experts in particular content areas.

Oliver Wyman Principals are seen as Partners of the future and, as such, are fully engaged in building business through identifying new and expanded opportunities; they create exciting and additive intellectual capital through thought leadership and are knowledgeable on a broad range of adjacent topics. Principals develop others and build a strong personal brand both within and outside the firm.

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-caliber individuals who want to join our winning team. Preference will be given to candidates with:

• At least 3-10 years of relevant experience, ideally with a top-tier strategy consulting firm (or similar organization)
• Natural problem-solving mindset
• Proven track record and in-depth knowledge within the sector
• Strong background in strategic problem solving with demonstrable analytical skills
• Outstanding written and verbal communication skills in both formal and informal settings
• Ability to work collaboratively in an international team environment
• Advanced graduate degree and excellent academic record
• Willingness to travel
• Fluency in English and German is required
• 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
• A willingness to work fluidly and respectfully with our incredibly talented team

WHY WORK AT OLIVER WYMAN?

Working as part of our global, entrepreneurial company, you will do meaningful work from day one. We are looking for individuals who challenge the norm, and constantly strive to build something new for the firm and the world around us.

At Oliver Wyman, there's no "one size fits all" - we hire exceptional people and help them thrive through a built-in support network, flexible career paths, and no artificial barriers to advancement.

We have a collaborative, supportive and impactful team environment - we want you to bring your authentic self and enjoy working alongside diverse and down-to-earth colleagues who do serious work, but don't take themselves too seriously.

Our Oliver Wyman Values

We create breakthroughs to achieve the amazing

Be brave

We stand behind our beliefs while exploring what drives them. We stand up for what is right and persevere through difficulty. We venture into the unknown, staying open to our greatest possibilities.

Lead with heart

We build relationships with clients and colleagues that last, grounded in transparency, authenticity, and trust. We love what we do and have fun while we do it. And we combine this passion with rigor and skill to drive sustainable performance.

Strive for breakthroughs

We bring deep expertise and profound curiosity to the pursuit of ambitious ideas and uncommon insights. We ask bigger questions, seek diverse perspectives, and challenge ourselves to find the most powerful and sustainable solutions.

Work as one

We succeed as a unified team of colleagues and clients, achieving together what separately would be beyond our reach. We care for and develop one another. We learn from differences, overcome divisions, and celebrate our shared achievements.

Own our impact

We act as entrepreneurs and stewards of the firm. We own the journey, acting with integrity at every step. And we own our impact, holding ourselves to the highest standards to deliver stronger results for our clients, better opportunities for each other and lasting change for society.

You can find out more about our values here

Balanced lives

We value people whose lives balance work and non-work activities because we believe they are both more interesting colleagues and are able to make better contributions to the Firm. We push ourselves hard to deliver excellence, but we also work to extract the maximum benefit from the flexibility of a project-based business. We provide the ability to take career breaks for personal or family reasons. We fundamentally value each other's time and are sensitive to how it is used. We are an output not input-based culture, have respect for people's personal decisions, and believe that one's workload must be sustainable. We seek balance for ourselves and our colleagues.

ABOUT OLIVER WYMAN

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 is a business of Marsh McLennan [NYSE: MMC]. For more information, visit Follow Oliver Wyman on Twitter @OliverWyman.

HOW TO APPLY

If you like what you've read, we'd love to hear from you.

If you'd like to learn more about the firm during your application process, please visit

Oliver Wyman is an equal opportunity employer.

Our commitment to diversity is genuine, deep and growing. We're not perfect yet, but we're working hard right now to make our teams balanced, representative and diverse.