A career within Delivering Deal Value services, will provide you with the opportunity to help clients achieve maximum value on their deal transactions by solving transformational and complex challenges. We focus on all operational aspects of a transaction, pre and post completion. We conduct pre deal and confirmatory due diligence, execute large scale enterprise wide integrations, and support complex divestitures and separations on a wide range of functional areas such as Information Technology, Operations, Human Capital, Health Industries, and other back office functions.
As a Senior Associate, you’ll work as part of a team of problem solvers with extensive consulting and industry experience, helping our clients solve their complex business issues from strategy to execution. Specific responsibilities include but are not limited to
Proactively assist in the management of several clients, while reporting to Managers and above
Train and lead staff
Establish effective working relationships directly with clients
Contribute to the development of your own and team's technical acumen
Keep up to date with local and national business and economic issues
Be actively involved in business development activities to help identify and research opportunities on new/existing clients
Continue to develop internal relationships and your PwC brand
We currently have a vacancy for a Financial Services Operations and/or IT specialist to work on fast-paced and often high-profile merger and acquisition (M&A) projects, as part of our market-leading Delivering Deal Value (DDV) team. This role offers the chance to develop your career in the stimulating, challenging and supportive environment within PwC’s highly regarded consulting practice.
About the role
DDV helps clients with the operational and transformational challenges arising from M&A activity, advising on transactions ranging from £50 million to over £5 billion. You will be working with businesses from a wide range of financial services sectors by providing pre and post-M&A support. Areas of work include
Helping clients to assess the operating environment of target businesses via operational due diligence;
Helping clients to articulate the quality and performance of their operating environment to potential buyers;
Analysis of costs, including cost synergies that may arise from the merger of two businesses;
Assisting clients with planning and delivery of separation of divested businesses; and
Working to plan and execute post-merger integration projects.
You will be challenged to take on significant responsibility from the outset, including meeting with senior executives on high-profile engagements, and producing high-quality written reports articulating our findings to senior stakeholders. You will need to work to tight deadlines to understand and report on the operations-related opportunities, issues, costs and risks impacting the value of target businesses. Working within a dedicated project team, you will receive help, support and guidance from a senior member of the team.
The DDV team consists of c.100 consultants, of which c.20 specialise in financial services. The team works closely with other areas of PwC including Strategy, Financial Due Diligence, Regulatory, Legal and Tax teams. Alongside DDV, these specialist teams enable PwC to provide clients with insights and advice throughout the M&A process.
Whilst primarily London based, the global nature of our work means candidates must be prepared to travel widely when required.
Due to continued success and increasing demand for our services, DDV is seeking to enhance this team via select, high-calibre appointments.
Amount of time client based 50%
Opportunity for job sharing No
Need to travel and overnight stays away from home Yes
Opportunity for flexible working No
Amount of time PwC office based 50%
Who we are looking for
Essential skills and experience
Good interpersonal skills and experience of interacting with clients or internal stakeholders
Experience of leading project delivery teams or workstreams
Excellent communication skills, particularly the ability to produce high-quality written reports
Comfort around financial analysis and understanding of the key drivers of financial information
The ability to quickly understand large amounts of information and draw out hypotheses and key messages
Comfort around IT and operational analysis to understand business processes, their associated costs and potential issues as well as opportunities for improvement
An ability to operate on your own initiative and to work through ambiguity, often to tight timescales
Experience of working in a consulting role in financial services, ideally banking or insurance
Desirable skills and experience
Degree, MBA or accounting qualification
Knowledge of the key issues and challenges currently facing the financial services sector
Managing and delivering operational change projects
Exposure to commercial negotiation