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Cindy Levy

Senior Partner, London
As global leader of our Risk Practice, helps large global banks on projects related to strategy, organization, and risk governance and culture

About Cindy

Cindy leads our global Risk Practice and is based in our London office. Since joining McKinsey in 1992, she has built up extensive experience in helping financial institutions address their most complex business challenges, with a particular focus on risk strategy, enterprise risk management (ERM), and risk culture.

Cindy’s recent projects include:

  • helping a large bank revamp its ERM model and transform its risk culture
  • conducting an enterprise-wide risk review at a leading financial institution in the wake of significant losses
  • developing a corporate- and investment-banking strategy for a global bank
  • major restructuring projects, including the creation of “bad bank” structures

Cindy is a frequent speaker at international conferences on risk and also contributes regularly to McKinsey’s risk publications. Her insights on risk management have been featured in the Economist and other publications. Before joining McKinsey, she was a corporate finance analyst at Goldman Sachs, where she worked on a range of M&A, debt, and equity financing transactions.

Published work

A blueprint for scaling voluntary carbon markets to meet the climate challenge,” McKinsey & Company, January 2021

The emerging resilients: Achieving ‘escape velocity’,” McKinsey & Company, October 2020

Banking system resilience in the time of COVID-19,” McKinsey & Company, July 2020

Coronavirus: 15 emerging themes for boards and executive teams,” McKinsey & Company, June 2020

Creating the bank enterprise risk management function of the future,” McKinsey & Company, March 2020

Stress testing for nonfinancial companies,” McKinsey & Company, June 2017

“So many stress tests; so little insight,” McKinsey Working Papers on Risk, May 2012

Wearing varifocals: A new perspective on risk organization effectiveness and efficiency,” (PDF–1.46 MB), McKinsey & Company, March 2012

Taking control of organizational risk culture,” (PDF–388 KB), McKinsey Working Papers on Risk, February 2010

“Better operational-risk management for banks,” McKinsey Quarterly, August 2006

“Managing operational risk in banking,” McKinsey Quarterly, February 2005

Past experience

Goldman Sachs
Corporate finance Analyst


Stanford University

Harvard University
AB, economics