Associate - Risk & Resilience

McKinsey & Company
parental leave, paid time off
United States, California, San Francisco
Mar 30, 2025
Consulting Associate - Risk & Resilience Job ID: 94136 Do you want to work on complex and pressing challenges-the kind that bring together curious, ambitious, and determined leaders who strive to become better every day? If this sounds like you, you've come to the right place. Your Impact As an Associate in our Risk & Resilience Practice, you will join a client service team and take ownership of a workstream to solve some of the toughest challenges our clients face. These clients range from Fortune 500 giants to innovative startups. We expect you to go the extra mile, delivering solutions that solve immediate problems and drive long-term change. Your judgment and integrity will be crucial in ensuring our recommendations are effective and long-lasting. You will be at the heart of the action-helping to uncover the true challenges behind a client's strategy and creating actionable plans that drive real change. Working alongside clients and other McKinsey colleagues, you'll combine research, data analysis, interviews, and brainstorming to generate fresh insights and breakthrough solutions. Your commitment to our values will be crucial in earning our clients' trust and delivering results that matter. You will help clients embrace uncertainty, embed resilience, and enable growth by developing strategies integrated with their business context and goals. You will assist clients in understanding and quantifying risk exposures, evaluating risk strategies, and addressing immediate risks and gaps across all dimensions of risk management. Through data and analytics-driven scenario planning and stress-testing, you will partner with clients to build enterprise risk management capabilities, anticipate risks, and identify growth opportunities. You will help clients translate these insights into action and institutionalize resilience and crisis preparedness across the organization, embedding contingencies within long-term strategies designed to unlock sustainable growth. Your Growth 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, which includes medical, dental, mental health, and vision coverage for you, your spouse/partner, and children. Your qualifications and skills Advanced graduate degree strongly preferred (e.g., MBA, PhD) with undergraduate focused in a heavily quantitative discipline (mathematics, statistics, physics, computer science, etc.) Typically 5+ years' experience in risk management in any industry sector and/or experience in a consultancy (with risk focus) and/or comparable experience in banking, risk regulation & compliance, capital markets, market risk, treasury & balance sheet management, credit, AML/KYC, insurance Exceptional analytical, quantitative, and conceptual problem-solving skills Ability to work collaboratively in a team and create an inclusive environment with people at all levels of an organization Capability to drive an independent workstream in the context of a broader team project Ability to communicate complex ideas effectively-both verbally and in writing-in English and the local office language(s) Willingness to travel Please review the additional requirements regarding essential job functions of McKinsey colleagues. Apply Now Apply Later FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law. Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $192,000 - $192,000 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance. Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off. FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites. Job Skill Group - CSS Associate Job Skill Code - ASC - Associate Function - Risk & Resilience Industry - Financial Services Post to LinkedIn - Yes Posted to LinkedIn Date - Wed Jan 22 00:00:00 GMT 2025 LinkedIn Posting City - New York LinkedIn Posting State/Province - New York LinkedIn Posting Country - United States LinkedIn Job Title - Associate - Risk & Resilience LinkedIn Function - Consulting LinkedIn Industry - Banking;Financial Services LinkedIn Seniority Level - Associate