What are the responsibilities and job description for the Manager - Wealth & Asset Management position at Alvarez & Marsal?
Description
Alvarez & Marsal’s Financial Services Industry group partners with financial services firms and private investors to drive results, create value and unlock business opportunities at every stage of their growth strategies. Through deals, disruption, and distress solutions, we join forces with clients to catalyze growth and profitability, navigate the complex industry challenges, and harness rapid technological changes that drive market advantage.
We provide end-to-end portfolio and M&A services; deliver innovation, revenue growth and efficiency through business transformation; and execute rapid solutions to turn around businesses. Clients can expect bottom line results through action-oriented leadership and success-aligned fee arrangements, delivered by our global team of turnaround experts, industry operators, digital leaders, and regulatory specialists. Visit us here to find out more about A&M’s Financial Services Industry group.
You are:
An accomplished consultant who has supported the Wealth Management industry ecosystem (Investment Products and Solutions, Client and Advisor Experience, Platforms and Technology, Front/Middle/Back Operations, Risk and Regulatory). You are excited to leverage your experience to transform Financial Services organizations; working across the C-suite to capitalize on disruption, enable competitiveness, and drive growth and profitability via continuous innovation. This is an in-office hybrid role located in our New York or Boston office.
The work:
The salary range is $135,000-$190,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A&M’s benefits programs.
Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
Diversity & Inclusion
A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
Equal Opportunity Employer
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.
Unsolicited Resumes from Third-Party Recruiters
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
Alvarez & Marsal’s Financial Services Industry group partners with financial services firms and private investors to drive results, create value and unlock business opportunities at every stage of their growth strategies. Through deals, disruption, and distress solutions, we join forces with clients to catalyze growth and profitability, navigate the complex industry challenges, and harness rapid technological changes that drive market advantage.
We provide end-to-end portfolio and M&A services; deliver innovation, revenue growth and efficiency through business transformation; and execute rapid solutions to turn around businesses. Clients can expect bottom line results through action-oriented leadership and success-aligned fee arrangements, delivered by our global team of turnaround experts, industry operators, digital leaders, and regulatory specialists. Visit us here to find out more about A&M’s Financial Services Industry group.
You are:
An accomplished consultant who has supported the Wealth Management industry ecosystem (Investment Products and Solutions, Client and Advisor Experience, Platforms and Technology, Front/Middle/Back Operations, Risk and Regulatory). You are excited to leverage your experience to transform Financial Services organizations; working across the C-suite to capitalize on disruption, enable competitiveness, and drive growth and profitability via continuous innovation. This is an in-office hybrid role located in our New York or Boston office.
The work:
- Support the day-to-day execution of consulting projects and ensuring successful delivery of client requirements within the scope of the engagement, including:
- Own the project planning and process management and communicating progress to clients and A&M leadership.
- Drive development of the content, either directly or by providing guidance to the consulting team (for example, by sharing ideas, frameworks or providing input on research and analysis).
- Manage the client relationship on a day-to-day basis.
- Supporting project scope and maintaining an acceptable pace of work.
- Support multiple client and stakeholder relationships and networking within the client organization in order to understand their needs and help to influence the client agenda.
- Support and contribute to other A&M projects, for example by sharing expertise or best practices.
- Contribute to the development of intellectual property within the Financial Services Industry including improving methodologies, tools, techniques and developing new ideas and approaches.
- Support business development efforts, building understanding of how to architect and position proposals and statements of work.
- Engage with Wealth Management macro industry trends, competitive dynamics and disruptors (fintech, digital, AI, etc.) to generate thought leadership and innovative new ideas to respond to evolving industry challenges.
- Provide mentorship and coaching to Consultants and Analysts to help develop their consulting skills, including sharing knowledge and experience, giving frequent feedback, and creating opportunities for team members to learn and grow.
- Minimum 5 years strategy consulting experience from a competitor consulting organization supporting Wealth Management, FIG Investment Banking, Private Equity with one or more of the following areas:
- Growth Strategy and Business Model Transformation
- Performance Improvement/Cost Re-engineering
- Mergers & Acquisitions (due diligence, post-merger integration, etc.)
- Pricing and Revenue Optimization
- Data, Platform and Technology Modernization
- Innovation, Data & Analytics, Digital and AI
- Outstanding problem-solving acumen leveraging strong quantitative and qualitative analytical skills; proven ability to derive insights from large volumes of unstructured information to solve complex, ambiguous problems.
- Ability to deliver impactful results from ideation to execution by working independently and collaborating within cross-functional teams across multiple, concurrent projects.
- Exceptional Microsoft Powerpoint and Excel skills.
- Bachelor’s Degree.
- Proven success in contributing to a team-oriented environment.
- Proven experience leading experience leading projects and/or teams.
- Excellent communication (written and oral) and interpersonal skills.
- You’ve got an MBA after your name or another type of advanced degree.
The salary range is $135,000-$190,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A&M’s benefits programs.
Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
Diversity & Inclusion
A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
Equal Opportunity Employer
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.
Unsolicited Resumes from Third-Party Recruiters
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
Salary : $135,000 - $190,000
