Capabilities & Insights Analyst – Banking

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 leverage a solid understanding of business trends, issues and concepts to efficiently respond to complex research questions by delivering synthesized, actionable facts and insights to our consulting teams and clients.

In this role, you will work alongside senior knowledge professionals on larger client projects and internal knowledge initiatives. By collecting and analyzing data and information found in databases and/or other primary and secondary research tools, you will assemble a fact base, counsel consultants and clients on the scope of the business and economic trends surrounding the issue, and provide insights and analysis for solving client problems at hand.

Some of your day-to-day activities may include identifying the key issues for the problem at hand and determining the most appropriate solution while effectively balancing quality, availability, timeliness and cost factors. You will perform a variety of analyses such as benchmarking, trend identification, industry profiling, market sizing, growth projections, opportunity scanning, etc., in order to add value to problem-solving discussions.

You will provide synthesis, insight and client implications within tight deadlines via end products in the form of PowerPoint charts, written memos, models, and framework. In time, you will also participate in, and eventually lead, internal knowledge development and capability-building initiatives and you will use advanced analytics tools to prepare, build and analyze large datasets to forecast trends, distill insights and interpret business implications in the financial industry.

You will be based in our Lisbon or Madrid office as part of our Client Capabilities Network (CCN). You will join a small team who you will be collaborating with on a daily basis. You will also be interacting with a wide range of McKinsey colleagues both locally and internationally.

Colleagues in our global Client Capabilities Network deliver distinctive client impact through assets and expertise and are driven by a culture of innovation.

As a Capabilities & Insights Banking Analyst, you will get the opportunity to further develop your expertise in the Banking sector. McKinsey leaders will provide mentorship and sponsorship and help you further build your capabilities.

Our more than 8,000 client capabilities professionals across the globe work alongside our consultants to deliver Change that Matters to our clients. They support our consultant teams, both remotely and at client sites, in an agile and targeted way. Further, they are core to our firm’s R&D, developing new knowledge and building and refining proprietary capabilities (e.g., assets, data sets), as well as curating, managing and maintaining them. Our portfolio includes state-of-the-art research, asset-backed and rapid diagnostics, benchmarking and workflow support. Our professionals have deep expertise and are able to apply a broad range of methodologies for specialized on-demand analyses.

Your Qualifications and Skills

• Master's degree ideally in economics, business, data analytics or a related field
• 1+ years of relevant industry or research experience
• Demonstrable interest in and knowledge of financial services topics (e.g., retail banking, corporate & investment banking, payments, asset management, wealth management, fintech)
• Data and analytics driven; ability to manage large data sets with advanced Excel skills; VBA programming is a plus
• Knowledge of databases and sources such as ECB, EBA and Bank of Spain is helpful (latter one for role in Madrid)
• Ability to work collaboratively in a team environment and effectively with people at all levels in an organization
• Skills to communicate complex ideas effectively
• Fluent command of English and local language (both verbal and written) is a must have