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Banking Operations Consultant Jobs (NOW HIRING)

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Banking Operations Consultant information

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$33.5K

$74.3K

$123.5K

How much do banking operations consultant jobs pay per year?

As of Jun 14, 2026, the average yearly pay for banking operations consultant in the United States is $74,277.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,000.00 and $106,500.00 per year, depending on experience, location, and employer.

What does a Banking Operations Consultant do?

A Banking Operations Consultant is a professional who helps financial institutions improve their internal processes, compliance, and efficiency within banking operations. They analyze current workflows, recommend best practices, and assist with the implementation of new technologies or procedures. Their goal is to streamline operations, reduce risk, and ensure regulatory compliance, all while enhancing customer satisfaction. This role often involves collaborating with various departments to identify inefficiencies and develop tailored solutions.

What are the key skills and qualifications needed to thrive as a Banking Operations Consultant, and why are they important?

To thrive as a Banking Operations Consultant, you need a solid understanding of banking processes, regulatory compliance, and financial analysis, typically supported by a degree in finance, business, or a related field. Familiarity with core banking systems, risk management tools, and relevant certifications like CAMS or Lean Six Sigma is highly valuable. Strong problem-solving abilities, attention to detail, and effective communication skills set top performers apart in this role. These skills ensure efficient operations, risk mitigation, and the ability to provide strategic solutions in a highly regulated and fast-paced banking environment.

What are some common challenges faced by Banking Operations Consultants and how can they be addressed?

Banking Operations Consultants often encounter challenges such as adapting to rapidly changing regulatory requirements, streamlining outdated processes, and ensuring accuracy in high-volume transaction environments. To address these, consultants must stay current with industry regulations, leverage technology to automate routine tasks, and foster strong communication with cross-functional teams. Proactively identifying process bottlenecks and providing clear, actionable recommendations can help mitigate operational risks and drive continuous improvement.
Life, Annuity & Group Benefits Operations Consultant - Manager

Life, Annuity & Group Benefits Operations Consultant - Manager

Pwc

Houston, TX • On-site

$99K - $232K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 2 days ago


PwC rating

8.4

Company rating: 8.4 out of 10

Based on 74 frontline employees who took The Breakroom Quiz

19th of 57 rated business consultants


Job description

Industry/Sector

Insurance

Specialism

Operations

Management Level

Manager

Job Description & Summary

A career in our Customer Service practice, within Operations Consulting services, will provide you with the opportunity to help our clients optimise all elements of their operations to move beyond the role of a cost effective business enabler and become a source of competitive advantages. We focus on product innovation and development, supply chain, procurement and sourcing, manufacturing operations, service operations and capital asset programmes to drive both growth and profitability.
Our team helps organisations improve their customer interface, service delivery, and middle and back office operations. We use customer insights and market analytics to help our clients make smarter decisions, integrate products and services, and optimise their customer operations to enable sustainable growth.
To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.
As a Manager, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:
Develop new skills outside of comfort zone.
Act to resolve issues which prevent the team working effectively.
Coach others, recognise their strengths, and encourage them to take ownership of their personal development.
Analyse complex ideas or proposals and build a range of meaningful recommendations.
Use multiple sources of information including broader stakeholder views to develop solutions and recommendations.
Address sub-standard work or work that does not meet firm's/client's expectations.
Use data and insights to inform conclusions and support decision-making.
Develop a point of view on key global trends, and how they impact clients.
Manage a variety of viewpoints to build consensus and create positive outcomes for all parties.
Simplify complex messages, highlighting and summarising key points.
Uphold the firm's code of ethics and business conduct.
The Opportunity
As part of the Life Annuity Group Benefits Insurance team you operationalize business strategies and transform the functions of the entire supply chain for Insurance clients. As a Manager you supervise, develop, and coach teams, manage client service accounts, and drive assigned client engagement workstreams by independently solving and analyzing complex problems to develop top-quality deliverables. This role involves managing complex business initiatives through the assessment, design, and implementation of operational improvements.
Responsibilities
- Supervise, develop, and coach teams to deliver exceptional work
- Manage client service accounts and drive project workstreams
- Analyze and solve complex problems to develop deliverables
- Operationalize business strategies for Insurance clients
- Transform operational chain functions through operational improvements
- Foster a culture of continuous improvement and innovation
- Maintain rigorous standards of integrity and authenticity in every client interaction
- Implement strategic planning and execution for client projects
What You Must Have
- Bachelor's Degree
- 5 years of combined experience in Consulting and the Insurance industry
What Sets You Apart
- Bachelor's Degree in Actuarial Science, Banking and Insurance, Banking and Finance, Business Administration/Management, Economics, Economics and Finance, Economics and Finance & Technology, Finance, Finance & Technology, Management Information Systems, Organizational Management, Operations Management/Research preferred
- Operationalizing business strategies for Insurance clients
- Transforming supply chain functions
- Managing complex business initiatives
- Building and maintaining client relationships
- Delivering strategic and creative business results
- Encouraging innovation and team development
- Conducting quantitative and qualitative benchmarking
- Developing Insurance thought leadership

Travel Requirements

Up to 60%

Job Posting End Date

The salary range for this position is: $99,000 - $232,000. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceAs PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: https://pwc.to/us-application-deadlines

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