Financial Services Operations Senior Mgr (M&A) - Delivering Deal Value
About the team
We currently have a vacancy for a financial services operations specialist to work on fast-paced and often high-profile merger and acquisition (M&A) projects, as part of our market-leading Delivering Deal Value (DDV) team. This role offers the chance to develop your career in the stimulating, challenging and supportive environment within PwC’s highly regarded consulting practice.
About the role
DDV helps clients with the operational and transformational challenges arising from M&A activity, advising on transactions ranging from £50 million to over £5 billion. You will be working with businesses from a wide range of financial services sectors by providing pre and post-M&A support. Areas of work include:
Helping clients to assess the operating environment of target businesses via operational due diligence;
Helping clients to articulate the quality and performance of their operating environment to potential buyers;
Analysis of costs, including cost synergies that may arise from the merger of two businesses;
Assisting clients with planning and delivery of separation of divested businesses; and
Working to plan and execute post-merger integration projects.
You will be challenged to take on significant responsibility from the outset, including meeting with senior executives on high-profile engagements, and producing high-quality written reports articulating our findings to senior stakeholders. You will need to work to tight deadlines to understand and report on the operations-related opportunities, issues, costs and risks impacting the value of target businesses. Working within a dedicated project team, you will receive help, support and guidance from a senior member of the team.
The DDV team consists of c.100 consultants, of which c.20 specialise in financial services. The team works closely with other areas of PwC including Strategy, Financial Due Diligence, Regulatory, Legal and Tax teams. Alongside DDV, these specialist teams enable PwC to provide clients with insights and advice throughout the M&A process.
Whilst primarily London based, the global nature of our work means candidates must be prepared to travel widely when required.
Due to continued success and increasing demand for our services, DDV is seeking to enhance this team via select, high-calibre appointments.
Who we are looking for
Essential skills and experience:
Good interpersonal skills and experience of interacting with clients or internal stakeholders
Experience of leading project delivery teams
Excellent communication skills, particularly the ability to produce high-quality written reports
Comfort around financial analysis and understanding of the key drivers of financial information
The ability to quickly understand large amounts of information and draw out hypotheses and key messages
Extensive experience around IT and operational analysis to understand business processes, their associated costs and potential issues as well as opportunities for improvement
Comfort in understanding the impact of different operating models on commercial, financial and operational aspects of a business, ideally in the context of a transaction
Ability to review performance improvements, cost reduction plans and capital expenditure needs
An ability to operate on your own initiative and to work through ambiguity, often to tight timescales
Experience of working in a consulting role in financial services, ideally banking or insurance
Desirable skills and experience:
Degree, MBA or accounting qualification
Exposure to M&A
Knowledge of the key issues and challenges currently facing the financial services sector
Exposure to commercial negotiation
Amount of time client based: 50%
Need to travel and overnight stays away from home: Yes
Opportunity for flexible working: No