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xThis sector covers all our financial consultancy jobs and consultancy recruitment. This includes management consultancy roles, trainee consultant jobs, strategy consultancy roles, roles working in the consultancy divisions of accountancy and other professional services firms, regulatory consultancy and opportunities for self-employed individual consultants.
Jobs in consultancy are all about trouble-shooting for companies. Often, a small team of consultants will work within a particular firm, for anything from two weeks to a year, to help solve complex business problems that will improve the bottom line.
Most consultants work across multiple industries, offering advice to some of the world's biggest companies in sectors like energy and industrial, consumer and retail, or banking and financial services.
Within financial services, consultants can advise on a whole range of issues, such as developing a growth strategy, portfolio management, enhancing capital ratios or (increasingly) risk management and regulatory solutions, technological improvements and operational and HR matters.
Much of consultants' work tends to deal with process improvement, or business process engineering. This can include process modelling and mapping, Six Sigma, and business process transformation. As noted above, banks often recruit consultants to help implement technological changes, so IT consultants with knowledge of financial services' IT systems such as Murex and Calypso are also in frequent demand.
Consultants for risk and regulatory solutions will need to be able to advise firms on their relationship with the local financial services regulator and to advise, for example, on capital planning and capital efficient structures in light of new regulations specifying increased capital requirements for banks globally.
Consulting careers within the big consultancy firms tend to be hierarchical. Fresh graduate consultants start out as analysts, before moving up to junior (or associate) consultant, consultant, then case team leader, manager, principal and finally partner.
In many cases, consultants have experience of working directly within the field they are consulting in. However, this is not always the case. Many consultants have an MBA, although this is not a prerequisite. In some cases, the larger strategy consulting firms such as Bain & Company, Boston Consulting and McKinsey & Co. will sponsor employees to take an MBA qualification.
Junior consultancy roles can involve a lot of quantitative work, whereas senior roles are focused on client liaison and selling consultancy services. Consultants typically work as part of small teams within clients' offices.
Skills needed to get a job as a consultant in the finance sector include: a prowess for teamwork, an analytical ability and statistical aptitude, ability to grow and maintain client relationships and powerful reasoning skills.
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| Senior Manager/Associate Director, Forensics & Financial Investigations | Taaheed Competitive Tax-Free Salary | UAE-Dubai | 20 Jun 13 |
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Global Consulting firm with a rich history in the Middle East is seeking a Senior Manager/Associate Director t...
| FORENSIC ACCOUNTING SENIOR MANAGER/DIRECTOR - DUBAI | Warner Scott GBP80000 - GBP120000 per annum | UAE-Dubai | 19 Jun 13 |
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We are seeking to hire ambitious and talented Forensic Accounting Managers, Senior ManagerS and Directors to j...
| Director (Technology) | PwC Competitive | UAE-Dubai | 18 Jun 13 |
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The PricewaterhouseCoopers Middle East Financial Services Industry Group is a regional business advisory, audi...
| Chief Executive Officer | Robert Half UAE Negotiable | UAE-Dubai | 17 Jun 13 |
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Robert Half International is working on an exclusive basis for a leading Company in their field. Due to succes...
| Project Manager | Not Disclosed See description | Qatar-Doha | 14 Jun 13 |
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QNB Group - the leading financial institution in the Middle East and North Africa - with a Net Profit of US$2...
| Economic Researcher | Hays Dubai 38,000 AED per month plus bonus and bene... | UAE-Dubai | 11 Jun 13 |
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Produce high quality economic research reports and information to support the organisation as a credible partn...
| Project Manager - Education | Michael Page 150,000USD plus package | Saudi Arabia-Riyadh | 05 Jun 13 |
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Our client education holding company dedicated to improving the quality of and access to the best K-12 educati...
| Consultancy - Tender | Commonwealth Secretariat Consultancy fees is an all-inclusive fee... | Kenya | 03 Jun 13 |
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To assist the Kenya School of Monetary Studies design and deploy an e-Banking Master Systems Plan for the Keny...
| Senior Strategy Associate | Not Disclosed See description | Qatar-Doha | 30 May 13 |
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QNB Group - the leading financial institution in the Middle East and North Africa - with a Net Profit of US$2...