Facing extreme volatility in financial and commodity markets, more and more of our clients are realizing that effective, risk-informed strategy can offer a major source of competitive advantage. We take a truly global, cross-sector, cross-functional view of risk issues, combining McKinsey’s deep industry insight and strategic skills with a structured risk-management approach, proven methodologies focused on true transformation, analytical tools, and practical implementation.
Our capabilities rest in three primary areas:
Leading-edge industry knowledge
We have six key areas of expertise—credit risk; enterprise risk management and risk culture, including crisis response; risk advanced analytics; risk and regulation; and trading and balance sheet risk. We regularly publish our latest thinking in our McKinsey Working Papers on Risk series and in articles in leading academic and industry publications. We are strongly represented at the most important annual risk conferences, and we host a number of Chief Risk Officer (CRO) Roundtables, bringing together leading risk executives from top global institutions.
A global network of expert practitioners
Our network includes more than 100 partners and 250 consultants advising on risk projects in the Americas, Asia, Europe, the Middle East, and Africa. We also work closely with senior expert advisers—external collaborators who bring to bear decades of industry, regulatory, and academic experience.
Unrivaled breadth of global experience
We have completed more than 2,000 client projects since 2002 at leading banks, insurers, asset managers, and energy and materials companies, as well as public-sector entities. We have also advised leading corporations in industries such as health care, telecommunications, and automotive and assembly.
As clients have challenged us with risk problems that are ever more technically demanding, we have responded by investing to develop greater analytical depth. Our team of more than 50 advanced-analytics experts supports frontline client teams and plays an increasingly important role in our knowledge-development efforts. Our Asset Risk Modeling group and Risk Advanced Analytics team, for example, provide specialized analytic services on asset valuation, portfolio strategies, and risk modeling.