Are you ready to make an impact?
West Monroe is currently seeking a Senior Consultant with Wealth and Consulting experience to join our Chicago team. Our Financial Services practice is a growing team that focuses on business and technology projects for banks, wealth management, and insurance clients. We help our clients with operating models and strategies and also roll up our sleeves to implement the technology, platforms, data and analytics tools, and the related change management. The role will involve applying knowledge and experience to tailor solutions, helping our Clients gain competitive advantage in their markets. You will help business and technology executives solve key problems within the financial services industry, begin mentoring junior consultants, while building the practice and your career at one of the best places to work.
Skills And Experience
- Core Business & Delivery Skills
- Leading client-facing workshops with Stakeholders
- Preparing POV / perspective / assumed outcomes
- Journey and Process Mapping / Optimization
- Business Requirement Development / Gap Analysis
- Business Strategy Development / Execution
- Change Management (Leadership Alignment, People Readiness, Training, Comms)
- Program / Project Management (PMO)
- Work with private equity and strategic acquirers regarding mergers, acquisition and spinoffs, due diligence, and post-close integration and optimization
- Managing / leading the work of others
- Estimating project scope, work effort, cost, and associated risks
- Wealth Industry Experience
- Meaningful understanding of predominant wealth management business models: RIA, broker/dealer, and/or bank wealth
- Strong understanding of some or all of the following:
- Wealth Management Offerings / Segmentation
- Marketing / Business Development / Client Acquisition
- Proposal / Onboarding
- Portfolio Construction and trading/rebalancing
- Client Servicing / Operations
- Regulatory / Compliance
- Data Strategy / Reporting / Analytics
- Client and Advisor Experience
- Familiarity with retirement plan, alternative asset, annuities, and other nuanced products/services
- Wealth Technology, Architecture, and Delivery
- Vendor Analysis / Selection o Software Development Lifecycle (SDLC) Experience
- Wealth Technology Architecture
- System Implementation / Integration, Testing, Training o Familiarity with bank and brokerage custody, and clearing broker offers
- Experience with leading portfolio accounting/reporting, rebalancing/trading, CRM, financial planning, custody/clearing and other wealth advisory platforms and technologies
- Experience with emerging technologies related to data, AI, and machine learning
Qualifications
- 3-5+ combined years of experience working in Wealth Management in one or more of the following segments: RIA, Broker/Dealer, Bank Trust Department, Wealth Tech Provider
- Strong entrepreneurial, analytical, problem solving, and presentation skills
- Strong communication skills to be able to work with Client representatives at all levels
- Bachelor’s degree or equivalent experience required
Based on pay transparency guidelines, the salary range for this role can vary based on your proximity to one of our West Monroe offices (see table below). Information on our competitive total rewards package, including our bonus structure and benefits is here. Individual salaries are determined by evaluating a variety of factors including geography, experience, skills, education, and internal equity.
Employees (and their families) are covered by medical, dental, vision, and basic life insurance. Employees are able to enroll in our company’s 401k plan, purchase shares from our employee stock ownership program and be eligible to receive annual bonuses. Employees will also receive unlimited flexible time off and ten paid holidays throughout the calendar year. Ten weeks of paid parental leave will also be available for use after successful completion of one year of employment.
Seattle or Washington, D.C.
$113,800—$131,000 USD
Los Angeles
$118,000—$137,000 USD
New York City or San Francisco
$124,500—$143,500 USD
A location not listed above
$107,200—$124,800 USD
Other consultancies talk at you.
At West Monroe, we work with you.
We’re a global business and technology consulting firm passionate about creating measurable value for our clients, delivering real-world solutions.
The combination of business and technology is not new, but how we bring them together is unique. We’re fluent in both. We know that technology alone is not the answer, but how we apply it is. We rely on data to constantly adapt and solve new challenges. Actions that work today with outcomes that generate value for years to come.
At West Monroe, we zero in on the heart of the opportunity, getting to results faster and preparing people for what’s next.
You’ll feel the difference in how we work. We show up personally. We’re right there in the room with you, co-creating through the challenges. With West Monroe, collaboration isn’t a lofty promise, but a daily action. We work together with you to turn vision into clear action with lasting impact.
West Monroeis an Equal Employment Opportunity Employer
We believe in treating each employee and applicant for employment fairly and with dignity. We base our employment decisions on merit, experience, and potential, without regard to race, color, national origin, sex, sexual orientation, gender identity, marital status, age, religion, disability, veteran status, or any other characteristic prohibited by federal, state or local law. To learn more about diversity, equity and inclusion at West Monroe, visit www.westmonroe.com/inclusion.
If you are based in California, we encourage you to read West Monroe’s Notice at Collection for California residents, provided pursuant to the California Consumer Privacy Act (CCPA) and linked here.
