Finance Transformation Consultant
92% skill overlap
To add: Payment systems and messaging (SWIFT, ISO 20022, SEPA, ACH, UPI)
Your role
Management Consultant
BriefYour role
Also known as Business consultant · Healthcare consultant · Business process consultant · Healthcare advisorand 3 more
Healthcare management adivsor · Healthcare management consultant · Retirement healthcare advisor
- L3 salary
- Not published yet
- Upcoming dated changes
- 1 change ahead
What the role does
Management Consultant is a role in Consulting & Advisory (Financial Services). The family covers management, technology, risk and sector consulting. The core skill is business case and cost-benefit analysis, and the main work is change and project delivery.
Levels
- L1 Starting out
- L2 Independent
- L3 Senior or specialist
- L4 Leads a team or an area
- L5 Leads the function
Full level descriptions and job titles
The EFO level names are the common scale; job titles differ between employers.
| Level | What the work looks like | Typical years | Typical job titles |
|---|---|---|---|
| L1 Starting out | Learns the job; executes defined tasks with supervision | 0-2 | Banks: Analyst, Junior Analyst, Associate (asset servicing), Trainee, GraduateAsset servicers: Junior, Specialist (entry), Officer |
| L2 Independent | Owns a process end to end; trains L1; first contact for the team's clients | 2-5 | Banks: Analyst / Senior Analyst, AssociateAsset servicers: Specialist, Senior Specialist, Senior Officer |
| L3 Senior or specialist | Deep expertise; handles exceptions and change; represents the function in projects | 5-9 | Banks: Senior Associate, AVP, Assistant ManagerAsset servicers: Senior Specialist, Expert, Team Lead (small team) |
| L4 Leads a team or an area | Manages people or a large process; owns budgets or controls; escalation point | 8-14 | Banks: VP, Manager, Senior ManagerAsset servicers: Team Lead, Manager, Head of Section |
| L5 Leads the function | Accountable for the function in a legal entity or region; sets priorities and standards | 12+ | Banks: Director, Executive Director, Managing Director, Head of functionAsset servicers: Head of Department, Director |
Skills
Where the skill weights come from
Each role lists its skills with a tier and a weight. The weights of one role add up to 100 percent.
Source: the EFO role catalogue, built from the ESCO classification and reviewed by the editors.
The percentage is the skill's share of the role; the bars are drawn relative to the anchor skill, which is shown full.
Critical
- Business case and cost-benefit analysisWeight 13.6%Relevant to you
- Competitive analysis and benchmarkingWeight 9.1%Relevant to you
- Microsoft PowerPointWeight 9.1%Relevant to you
- Market sizingWeight 9.1%Relevant to you
Important and supporting skills 19
Important
- Structuring ambiguous problemsWeight 4.6%Relevant to you
- Building a slide narrativeWeight 4.6%Relevant to you
- Professional written communicationWeight 4.6%Relevant to you
- Verbal communication and presentingWeight 4.6%Relevant to you
- Advanced Microsoft ExcelWeight 4.6%Relevant to you
- Profitability analysis (margins, contribution)Weight 4.6%Relevant to you
- Financial statement analysis and ratiosWeight 4.6%Relevant to you
- Stakeholder managementWeight 4.6%Relevant to you
- Communicating data to non-technical audiencesWeight 4.6%Relevant to you
Supporting
- Scenario and sensitivity analysisWeight 2.3%Relevant to you
- Target operating model designWeight 2.3%Relevant to you
- Descriptive statistics and distributionsWeight 2.3%Relevant to you
- Working to tight deadlinesWeight 2.3%Relevant to you
- Resilience under pressureWeight 2.3%Relevant to you
- Commercial acumen and business senseWeight 2.3%Relevant to you
- Applied generative AI in office work (prompting, evaluation, governance)Weight 2.3%Relevant to you
Useful
- Querying data with SQLWeight 0.8%Relevant to you
- Project planning and dependenciesWeight 0.8%Relevant to you
- Intellectual curiosityWeight 0.8%Relevant to you
Processes
The work the role takes part in.
What each process covers
- Change and project deliveryMain
- Corporate finance and dealsSupporting
Dated changes for this role
- ECB digital euro pilot with 36 payment providersRelevant to you
Worth knowing
Salary snapshot
Salary figures are not published yet
The L3 salary range for this role, with its sources, will appear here when the salaries section opens.
Certifications
- PMP
- Lean Six Sigma Green Belt
- CBAP
Concepts to know
Neighbouring roles
Roles that need many of the same skills, by weighted skill overlap, with the skills you would need to add.
Venture Capital Analyst
50% skill overlap
To add: Product discovery and metrics, Company valuation (DCF, multiples), Three-statement financial modelling
Your role
Investor Relations Analyst
39% skill overlap
To add: Company valuation (DCF, multiples), Financial markets knowledge, Management reporting and commentary
Your role
Private Equity Analyst
37% skill overlap
To add: Three-statement financial modelling, Company valuation (DCF, multiples), Financial due diligence
Your role
Equity Research Associate
36% skill overlap
To add: Company valuation (DCF, multiples), Three-statement financial modelling, Financial markets knowledge
Your role
ESG Research Analyst
34% skill overlap
To add: Company valuation (DCF, multiples), Three-statement financial modelling, Financial markets knowledge
Your role
Do this job? Suggest a correction
Sources
- The EFO role catalogue, with skills, levels and processes. How it is built
- ESCO classification of the European Commission (external site)
Business caseA business case is the document that justifies a proposed investment or change by setting out the problem, the options considered, costs, benefits, risks, timing and the recommended option. It is approved before funding and revisited at each stage gate.