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Lavendo

Chief of Staff - AI Governance

San Francisco, CA · On-site

$250K - $300K/yr

The co-founders are ex-McKinsey. The culture rewards radical transparency, direct feedback, and ... risk. This company is building the standard that the entire AI industry will operate by. The ...

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TKC

... McKinsey Consultants. Our founding team has IIT, IIM and XLRI graduates and spans wide ranging ... practices (risk, issue and decision management) \- To structure work plans and to develop ...

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How much do mckinsey risk jobs pay per year?

As of May 31, 2026, the average yearly pay for mckinsey risk in the United States is $98,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,000.00 and $87,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a McKinsey Risk consultant, and why are they important?

To thrive as a McKinsey Risk consultant, you need strong analytical abilities, quantitative skills, and a background in fields like finance, economics, or data science, often supported by advanced degrees. Familiarity with risk modeling tools, data analytics platforms (such as SAS or Python), and professional certifications like CFA or FRM are commonly valued. Outstanding communication, problem-solving, and stakeholder management skills set top performers apart in this role. These capabilities are crucial for delivering actionable insights, managing complex client challenges, and driving effective risk mitigation strategies.

What are the typical challenges faced by consultants in the McKinsey Risk practice, and how can I prepare to address them?

Consultants in the McKinsey Risk practice often face challenges such as understanding complex regulatory environments, tailoring risk management solutions to diverse client industries, and balancing multiple projects with tight deadlines. To succeed, it's important to stay current on global risk trends, develop strong analytical skills, and be proactive in client communication. Collaboration with teams across disciplines and continuous learning are also key to navigating these challenges effectively.

What is McKinsey Risk?

McKinsey Risk refers to the division or practice within McKinsey & Company that specializes in helping businesses identify, assess, and manage risks. This includes financial, operational, regulatory, and strategic risks across various industries. McKinsey Risk consultants work with clients to develop risk management frameworks, improve compliance, and build resilience against emerging threats. Their services often involve advanced analytics, scenario planning, and advising on best practices for risk mitigation.
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Mckinsey Risk jobs near you
Infographic showing various Mckinsey Risk job openings in the United States as of May 2026, with employment types broken down into 50% As Needed, and 50% Temporary. Highlights an 96% Physical, and 4% Hybrid job distribution, with an average salary of $98,823 per year, or $47.5 per hour.
Team Leader - Finalta Banking

Team Leader - Finalta Banking

McKinsey & Company

Chicago, IL • On-site

Full-time

Posted 2 days ago

McKinsey & Company rating

8.5

Company rating: 8.5 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

15th of 57 rated business consultants

Job description

Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You've come to the right place.
YOUR IMPACT
You will be responsible for project managing Finalta's multi-client and country benchmarking programs in banking to ensure that they are delivered.
In this role, you will oversee and construct client deliverables to ensure the highest possible quality including insightful client key findings, reports and quantified recommendations.
You will manage key client relationships throughout and beyond the benchmarking cycle to ensure maximum satisfaction and relationship development. You will manage a team of analysts with responsibility for talent attraction, coaching, developing and improving the team's individual and collective performance. You will present results to clients and disseminate key messages among key audiences and stakeholders.
Other responsibilities will include planning for client workshops, preparing relevant materials and delivering, facilitating and creating action reports. You will also manage the development of thought leadership research articles covering retail banking best practices, industry trends, and insights.
You will have the opportunity to develop new business for Finalta in terms of talent attraction, benchmarking peer groups, developing new markets and/or launching new products.
You'll work within our Finalta Banking team as part of our Global Banking practice based out of our San Jose office. Building on twenty years' experience working with leading banks and insurers, Finalta combines performance benchmark data and best-practice knowledge from 300 financial institutions in over 50 countries to generate insights into how to achieve superior performance. Annual benchmarking provides clients with a unique management tool to objectively assess performance against peers and quantify opportunities for improvement. Our best-practice cases illustrate how to close performance gaps and give clients a roadmap to reach world-class performance while reducing the time, cost, and risk of change.
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, all while upholding our unwavering commitment to ethics and integrity. 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 QUALIFICATIONS AND SKILLS
  • 5+ years of relevant experience in a financial services environment (specifically banking), strategy or consultancy or business development roles - relevant industry knowledge (banking) is required
  • Structured, analytical mindset with a passion for creating compelling stories out of data
  • Experience of leading, supporting and developing teams
  • Talent for building strong relationships with clients
  • Ability to effectively manage projects from planning to delivery
  • Fluency level language skills in English

Please review the additional requirements regarding essential job functions of McKinsey colleagues.
Our unwavering commitment to integrity drives everything we do, guiding us to always act in the best interests of our clients, our people, and the communities we serve.

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