PEG - Project Lead (Financial Services)

ABOUT US

 Bain & Company is one of the top management consulting firms in the world. In 2004, the firm established its presence in the Indian market by opening the Bain Capability Center in Gurugram, now renamed as Bain Capability Network (BCN). The BCN plays a critical role in supporting Bain's case teams and initiatives globally to help with analytics and research across all industries for corporate cases, client development, private equity diligence or Bain intellectual property. In 2018, the BCC evolved to the BCN (Bain Capability Network) to reflect our growing global presence.

WHO WILL YOU WORK WITH?

Within BCN’s Private Equity Group Centre of Excellence (BCN PEG CoE), this position is for a Project Leader (PL) focused on serving due diligences in the Financial Services (FS) sector. The BCN PEG CoE works on live due diligences and IP/CD with Bain case teams across the globe. The work spans a breadth of analyses including market sizing, competitive intelligence, target screening, workforce analytics, consumer surveys, digital analytics, and disruption assessments. The role of a BCN PEG FS PL will be to serve cases across FS sub-sectors such as Wealth and Asset Management, Insurance, Banking, FinTech, and Payments.

The BCN PEG FS teams will be primarily focused on collaborating with practice/ case teams on the development and deployment of industry specific analytical products and topic expertise to answer strategic questions of Bain’s private equity clients investing in the FS sector. A PL is responsible for building strong client relationships through high quality delivery of projects, while providing day-to-day coaching and mentoring to team members. The PL collaborates with the team to define strategic direction, develop structured work plans, formulate problem-solving approaches, generate hypotheses, and effectively utilize the research toolkit. In addition to core project responsibilities, the PL actively contributes to office-wide initiatives such as recruiting, training, and business strategy. The CoE is witnessing huge demand from the Bain system, and as such, there are immense opportunities for a PL to grow within the BCN PEG CoE.

WHAT YOU’LL DO

We are looking for a candidate who is a self-starter, result oriented, with hands on FS consulting or research experience. Any exposure to data analytics as a part of delivering strategy engagements will be an added advantage. The role would require the candidate to hit the ground running in a fast growth environment and demands a willingness and ability to take initiative and learn independently

 • Engage with case team/ Practice leadership on ongoing cases/ CD/ IP/existing products; and ideate in developing deliver case work/ develop new products/IP 

• Build a strong understanding of FS IPs and concepts within the team 

• Help ideate and share commercial ideas for development and deployment of IP products for various case teams 

• Help case teams in supporting active cases/proposals with domain specific insights

• Take responsibility for assigning work streams; monitor and balance workload 

• Ensure timely, high quality, zero-defect research, analysis and output produced by the analysts 

• Provide direct, day-to-day management to a group of 3-4 people

• Lead a group of Associates, Senior & Junior Analysts to execute cases with limited guidance from the Team Manager 
• Ensure timely, high-quality delivery to clients through effective team management; create hypothesis; define deliverables and envisage outputs; draw the structure and plan; prioritize and set daily timelines; review the team’s output, provide feedback and ensure quality control o Identify and proactively engage on critical issues on projects and with clients; proactively resolve problems, remove roadblocks, escalate issues as needed 
• Be proficient at identifying and using the relevant analytical tools and ensure zero-defect in all work streams and ensure quality work delivery o Wherever needed, leverage advanced tools (Tableau, Alteryx, Python, R, SPSS) to improve team efficiency

• Understand client needs and situations and adapt to case expectations. Show ability to resolve complex issues across work streams.

• Communicate data, knowledge, and clearly explain insights and implications for the client to the entire team. Generate and screen realistic answers based on sound reality checks and recommend actionable solutions. 
• Effectively manage client and team meetings and deliver clear and professional presentations to the team, team leaders and managers/partners across the Bain system.
     
•  Exert strong positive influence over developing and retaining top talent

 o Create professional development plans, provide coaching/training, recognize accomplishments of direct reports 

o Provide day-to-day coaching on work-planning, problem solving, hypothesis generation and research toolkit 

o Build a connect with team members through a trust-based relationship at all levels. Act as a role model and brand ambassador of Bain culture o Constructively engage in mutual feedback process with supervisor and direct reportees; provide concrete, regular, and actionable feedback 

o Deliver performance reviews, recommend ratings

ABOUT YOU: 

• Relevant undergraduate degree (B. Com / BBA / BBE / B.A. Economics / B.A. Statistics / B. Tech) + preferably MBA from a top-tier Institute/University 
• Minimum 5 years of relevant experience in FS consulting or private equity (experience in providing internal/external strategic consulting to FS clients, with exposure to FS topics) 
•  Ability to analyze the FS domain through a Private Equity lens, with a focus on investment theses, value creation levers, and market dynamics, beyond purely operational considerations, is an added advantage 
• Strong academic credentials, analytical ability and leadership skills
• Excellent analytical, Microsoft Excel, PowerPoint and strong communication and team skills 
• Experienced at managing teams, and adept at multi-tasking. A strong team player and demonstrated ability to motivate team members 
• Ability to deal with ambiguity, and develop approaches to tackle diligence questions 
• Excellent communication skills, ability to drive senior client/stakeholder level discussions 
• Maturity to lead by example, willingness to get into detail as required while also balancing delegation effectively 
• Hands-on experience with tools such as Alteryx and Tableau, as well as languages such as R/Python is a plus

WHAT MAKES US A GREAT PLACE TO WORK:

We are proud to be consistently recognized as one of the world's best places to work, a champion of diversity and a model of social responsibility. We are currently ranked the #1 consulting firm on Glassdoor’s Best Places to Work list, and we have maintained a spot in the top four on Glassdoor's list for the last 12 years. We believe that diversity, inclusion and collaboration is key to building extraordinary teams. We hire people with exceptional talents, abilities and potential, then create an environment where you can become the best version of yourself and thrive both professionally and personally. We are publicly recognized by external parties such as Fortune, Vault, Mogul, Working Mother, Glassdoor and the Human Rights Campaign for being a great place to work for diversity and inclusion, women, LGBTQ and parents.