Any insights into the BCG Financial Institutions Practice? Salary band and type of work they do? Thanks in advance

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We don’t have analysts on the consulting side... is this question about the Knowledge Team?

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Yes. Knowledge Team (KT) are great. Front line researchers, keepers of thought leadership, only occasional staffed with teams though so usually local (and flexible to relocate I'd imagine).

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No clue. Ask

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To be clear it’s a Manager role with Analyst and Associates reporting into me

Guessing so. The idea of reports on the consulting side doesn't really jive either.

The title is Knowledge Expert- Financial Institutions Practice

The Knowledge Expert, Team Manager – Retail Banking will act as an expert for consulting and client teams. She/he will contribute to significantly and strategically improve our clients' performance and effectiveness via deep subject matter expertise in the broader North America Retail Banking sector. She/he will be involved in internal research efforts to generate new Intellectual Capital in North America Retail Banking topics. The expert will also help the North American Retail Banking Leadership Team shape and deliver on the sector's topic strategy, help drive the commercial agenda for the sector together with the North America Retail Banking node, and be responsible for developing new intellectual property. She/he will be working closely with other Knowledge Experts from the practice to align on priorities between regions and topics, both within Retail Banking as well as across the Financial Institutions Practice (and with affiliated Practices where needed).

Country
United States
City/Town
Chicago
Employee Type
Regular
Job Type
Full time
Travel Required
Yes
Travel Percent
20
Job Responsibilities
Work with consulting teams
Insert oneself into business, establishing credibility with client and consulting teams as an expert in the sector; take positions/draw conclusions on a range of external and internal issues; recognized as a global expert within BCG in the topic area; engage with clients directly through co-staffing with consulting teams
Apply expert knowledge to satisfy complex client demands (both internally to consulting teams as well as externally to clients directly)
Play leading role in supporting BCG Partners and Principals with proposal and lead work
Support commercial growth of the sector in existing and new markets, with a strong focus on NAMR
Assist others in navigating the knowledge network by connecting them with articles, materials, BCG perspectives, and people

Support development of the North America Retail Banking sector
Develop and execute strategic topic initiatives together with North America Retail Banking Leadership (in close alignment with the North America Retail Banking node)
Contribute to the planning and management of the North America Retail Banking sector agenda, including key commercial topics
Contribute to proposals or other investment initiatives in the topic, including intellectual capital development projects. Can also include managing those projects operationally
Develop specialized knowledge that can be leveraged across other Financial Institutions sectors and potentially other BCG practices; present own original content in internal and client settings
Understand, contribute, and leverage key Retail Banking tools and databases, leveraging dedicated analyst teams; ensure best of knowledge is captured and commercialized
Promote innovation at BCG by recognizing new concepts in the sector and facilitating their capture
Engage as strong contributor to the broader knowledge creation and codification in the sector
Contribute to and edit external and internal publications or communications (in close alignment with sector manager and editors/marketing manager)

Manage a knowledge team
Function as a line manager for a team of Knowledge Specialists (Analysts and Experts) of different seniority in the North American region
Bringing the team into business
Engaging the team for leading proposal and engagement work
Finding opportunities for staffing on cases
Manage team's capacity and help them structure and prioritize their work
Ensuring minimum levels of billability for the team
Drive goal setting, performance evaluation, career tracking, and long-term professional development for the team members

Be a senior member of the Center for Knowledge & Analytics
Work with the global and local team of Knowledge Specialists (Analysts and Experts) of different seniority within the global and North America Retail Banking team
Act as role model, coach and mentor to junior members in the team
Help bring the local team into business
Engaging the team for leading proposal and engagement work
Help identify opportunities for staffing on cases
Assist in managing team's capacity where needed and help them structure and prioritize their work
Contribute to global initiatives of the Center for Knowledge & Analytics
Support the local office, e.g. train analysts or consultants, and represent the Financial Institutions Practice at local events
Support and lead internal initiatives in the Knowledge Team to improve collaboration across topics and regions, to increase efficiency and effectiveness of internal processes etc. (in close alignment with the FI Knowledge Business Director)



Basic Job Requirements
At least 8+ years of relevant industry experience or 5+ years of consulting firm experience within Retail Banking – ideally in North America
Advanced university degree and demonstrated high academic achievements
Superior analytical and conceptual skills
Excellent interpersonal skills and ability to communicate with all levels of seniority
Excellent work management skills and ability to work in a fast-paced environment and manage multiple tasks in parallel
Track record of managing and developing people and strong leadership skills
Autonomous self-starter
Ability to tolerate ambiguity
Ability to work well under pressure
Strong service orientation and proactivity
Excellent verbal and written communication skills in English
Some travel required

Company Information
The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest value opportunities, address their most critical challenges, and transform their enterprises. BCG was founded in 1963 and is a privately owned firm with more than 14,000 employees across 85 offices in 48 countries. Integrity, respect for the individual, delivering value, and making an impact on society are just some of BCG's core values. BCG's commitment to both our clients' success and our own standards is what sets BCG apart as a world-class professional services organization. Join BCG - start your career at a company that is consistently ranked as the leader in its field, and is acknowledged as one of the best places to work.
Non-discrimination Statement
The Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable. BCG is an E-Verify Employer. Click here for more information on E-Verify. VEVRAA Federal Contractor
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Internal role sounds like. I’m guessing their work is focused primarily on financial institutions.

Thanks but what’s the salary band? As much as I’d prefer not traveling don’t want a pay cut

I should add, I love research and BCG is a stronger brand so I’d move if I’m successful

I’d guess pay bands are similar to big 4 but below BCG Consulting. Probably slower trajectory too.

Thanks M1

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