Consultant - Risk Analytics

Join to apply for the Consultant – Risk Analytics role at McKinsey & Company

Join to apply for the Consultant – Risk Analytics role at McKinsey & Company

Get AI-powered advice on this job and more exclusive features.

Who You\’ll Work With
Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture – doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.

Who You\’ll Work With
Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture – doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.
In return for your drive, determination, and curiosity, we\’ll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you\’ll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else.
When you join us, you will have:

• Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
• A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
• Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
• World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

Your Impact
You will help clients develop or validate their models and assess their modeling frameworks supporting a variety of risk functions, including credit, market, insurance, ESG or model risk management.
You will be part of a team of exceptional risk analytics professionals with similarly deep industry experience and will be expected to communicate complex analytics concepts in a clear and concise manner to key client stakeholders. We are therefore looking for candidates who can establish connections between sophisticated modeling techniques and strategic decision-making processes. We have a global client base and you will be exposed to a highly international environment.
You will also have the opportunity to advance McKinsey’s overall knowledge base by providing rigorous analysis to and problem solving for our proprietary knowledge investments. At more senior levels, you’ll also focus on developing new analytical approaches and techniques such as AI or GenAI, working with an outstanding knowledge structure and international network of experts in order to codify existing knowledge and develop new knowledge.
Working on projects and exchanging experiences with your colleagues means you will face new intellectual challenges on a daily basis, while continuously building your methodological knowledge and skills.
You’ll join our global Risk & Resilience Practice in one of our European offices and be part of the Risk Analytics team.
Risk Analytics is the tech-enablement power engine of Risk & Resilience. We combine deep analytical and technical expertise with distinctive strategy and transformation capabilities to support clients in everything – from large-scale analytics programs to in-depth technical modelling exercises.
We develop and deploy leading-edge solutions incorporating the latest innovations in methodology and technology and maintain in-depth knowledge of regulatory developments. We convene leaders in the industry to build and share knowledge to drive long-term sustainable change in the practice of risk data and analytics.
We have over 18 years of expertise serving leading institutions across industries in the fields of model development, model advisory, model validation, and model risk management.
We are a diverse global community of world-class practitioners with a shared passion to build risk analytics capabilities that break new ground, transform industries, and shape markets. We solve real life business problems for our clients; work with us and you will learn from the best and have your voice heard from day one.
Your Qualifications and Skills

• Bachelor’s degree required; advanced quantitative degree (master\’s or Ph.D. in computer science, mathematics/statistics, engineering, or financial engineering) would be a plus
• 1-6 years of relevant experience in risk quantitative analysis/modelling to solve real world problems
• Experience across model lifecycle, including active participation in activities of development, implementation and/or testing of risk models (vendor or “in-house” models)
• First experience in programming (beyond simple scripts) in a modern scientific language (e.g., Python, R); knowledge of SQL, NoSQL (e.g. MongoDB, Ignite), Matlab or SAS would be a strong plus
• Experience in one of the following machine learning / AI areas: natural language processing, deep learning, anomaly detection, graph-based techniques would be a strong plus
• Experience with the use of GenAI and Large Language Model would be a strong plus
• Ability to work collaboratively in a team environment and effectively with people at all levels in an organization
• Exceptional communication skills – especially around translating technical knowledge into forms that can be digested by leadership and non-technical project teams-, verbally and in writing, in English and the local office language(s)
• Willingness to travel

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Consulting

• Industries

  Banking, Insurance, and Business Consulting and Services

Referrals increase your chances of interviewing at McKinsey & Company by 2x

Get notified about new Analytics Consultant jobs in Munich, Bavaria, Germany .

Principal Consultant – Data and Analytics

(Senior) Consultant Data Analytics – Supply Chain Management (m/w/d)

Senior Consultant – Process Intelligence / Datenanalyse / Business Cases (m/w/d)

Business and Data Analyst IT (all genders)

Business Analystin / Business Analyst (w/m/d)

Senior Data Analyst Digital Marketing (m/w/d)

(Associate) Consultant (Gen) AI & Data Strategy (m/w/d)

(Senior) Manager Supply Chain Analytics Consulting (m/w/d)

Consultant – quantitative Methoden & Strategy (w|m|d)

Consultant Data Analytics Carbon and Energy Economics (w/m/d)

Principal SAP Analytics Consultant (all genders)

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr