Join our Talent Network
Skip to main content

Financial Services Industry - Director / Senior Director Payments & Consumer Finance

Location: New York, NY, United States
Date Posted: Sep 7, 2023

Save Job Saved

Description

A&M's Financial Services Industry (FSI) practice is a newly formed business unit at Alvarez & Marsal.  FSI helps create sustainable value for our clients through our operational heritage and in-depth knowledge of the financial services industry. We are looking for professionals who have a strong understanding of the financial services industry, including specific expertise in payments, retail banking, consumer finance across product, marketing, loyalty, payments, and pricing.

Responsibilities:

As a Senior Director, you will be supporting practice development, business development cycles and leading engagement teams. Key Responsibilities Include:

  • Provide strategic leadership in the development and implementation of innovative consumer lending strategies
  • Conducting detailed industry research and analysis
  • Engaging with and leading client teams to develop industry-focused solutions
  • Applying innovative approaches to solve complex problems
  • Providing guidance to manage a client through crisis and/or quick solutions and time frames
  • Developing growth strategies that include core business expansion, adjacencies, and white space opportunities
  • Engaging in c-suite and board-level conversations regarding the challenges facing clients and strategic initiatives for solving them
  • Utilizing your experience and expertise to effectively function in interim roles (e.g., CEO, CFO, COO, other)
  • Helping clients understand their competitive advantages and product/service line profitability.
  • Developing pricing and financing strategies based on an understanding of customer value drivers, cost structures, market dynamics and product lifecycle effects.
  • Evaluating business and operating models for a growing product line
  • Supporting clients with M&A activities by performing due diligence, post-merger integration
  • Partnering with private equity clients to evaluate potential investments and support current portfolio companies
  • Turnarounds of payments, retail banking, and consumer finance companies, on behalf of PE or Public Market owners
  • Evaluating strategies with the goal of maximizing the output of viable investment portfolios
  • Effectively managing client project plans and teams including meeting deadlines and managing on-time deliverables
  • Knowledge of engagement economics and overall product delivery, budgeting, and timely billing & collections including managing the implementation risk and profitability
  • Building relationships with clients and seeking opportunities to expand the scope of business while generating leads
  • Managing and mentoring junior staff including training and development

Qualifications:

  • High energy and self-motivated individuals with a passion for financial services and solving complex issues
  • A leader, entrepreneur and an individual who is eager to lead clients while helping to build the growing Payments, Retail Banking, and Consumer Finance practice at A&M
  • A minimum of ten (10) years of prior work experience in financial consulting or twelve (12) years in the financial services industry such as private equity, retail banking, consumer finance, FinTech, or other industry supporting organizations
  • BA/BS degree and/or MBA/MS or other related fields
  • An understanding of finance including the ability to review and understand financial statements and disclosures
  • Deep industry expertise and specialization in one or more areas across the Payments, Retail Banking, and Consumer Finance sectors such as marketing, payment, lending, issuing, processor or network systems, digital marketing, product, CX, loyalty, or pricing
  • Working knowledge of the financial services industry dynamics and technologies
  • Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel
  • The ability to logically structure a narrative and develop accompanying presentations (within PowerPoint)
  • Solid project management and organizational skills
  • Ability to wrangle data and conduct analysis and synthesize information
  • Strong Microsoft Excel and modeling skills including the ability to build and oversee the build of models such as financial and operational models.
  • Willingness and ability to travel as required

As a Senior Director on our team, you will work on the most interesting and challenging problems in the Financial Services industry. You will be part of a team that is passionate about and known for delivering transformational change. We are a group of entrepreneurial, action, and results-oriented professionals who take a hands-on approach to solving our client's problems and helping them reach their full potential.

The following are the annual base salary ranges, commensurate with experience: Director: $150,000-$205,000; Senior Director: $175,000-$245,000. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.  Please ask your recruiter for details. 

#LI-KS2

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.

Voluntary Inclusion

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, sex, sexual orientation, gender identity, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor or any other characteristics in accordance with all applicable laws and regulations.

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.

Share: share to e-mail

Similar Jobs