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Summer Associate

WHO ARE WE?

Novantas is a leading strategy consulting firm that provides advisory services and technology solutions to the financial services industry. Our headquarters is in NYC, with major offices in Toronto and Chicago, and satellite offices in Charlotte, Sydney, London, and other strategic worldwide cities. Our uniting belief is that insights from superior analytics are the foundation of differentiation and superior performance. Hence, our consulting work and recommendations are derived from data and leading-edge analytics—whether we are helping a bank optimize home equity loan pricing, advising on the strategic direction of an international commercial banking division, redesigning a retail bank value proposition, or estimating the liquidity characteristics of an arcane portfolio of deposits.

More specifically, we support our clients in three ways: consulting services, software solutions, and cutting edge customer research. Our consulting engagements provide analysis driven-insight on pressing strategic decisions. Our software solutions provide platforms for our clients to ―fish on their own‖ – using the proprietary tools we have fine-tuned through work with hundreds of clients over decades. While all our engagements are grounded in strong analytics and increasingly big data, our best work occurs at the intersection of analysis and innovative thinking, where we can use robust models to help clients adapt to the rapidly changing customer and market landscapes.
We have conducted thousands of engagements for hundreds of banks, payment networks, wealth managers, and other providers in the United States, Canada, Europe, Australia, Asia, and Latin America. The vast majority of large banks in our primary geographies have engaged us, usually many times. We are proudest of how many institutions repeatedly seek our advice when they encounter unforeseen challenges.

WHAT ARE WE LOOKING FOR?

Our clients engage us to resolve their most challenging problems, which frequently require innovative techniques, firm-wide collaboration, ingenuity, and hard work. We are looking for candidates who are excited by these challenges. Incoming knowledge is less important to us than an inherent ability and desire to learn.

We seek rising college seniors who are exceptionally bright, analytically-driven, and highly motivated, who thrive in collaborative cultures and enjoy critical reasoning.
We find that our most successful people are relentless problem solvers. They seek leadership roles, think creatively, and often have a penchant for introducing quantitative analysis into their everyday lives. Strong candidates do
not scare easily. They are adaptable to interacting with people of different backgrounds and cultures in pursuit of goals that may be seemingly impossible to comprehend. They are interested in working as part of small multi-disciplinary teams and have a desire to take personal initiative.

While no job can be reduced to bullet points, our list of desired skills looks something like this:
  • Superior analytic "wiring"
  • Strong communication skills
  • Ability to thrive in ambiguity
  • Pride in your work and your team’s work
  • Self–disciplined
  • Objective and logical thinker
  • Socially graceful
  • Self–assured but not arrogant
  • Diverse interests beyond comfort zone (specifically beyond school/work)
  • Demonstrated achievement and leadership

Our CEO has a sign above his door that says that imagination is more important than knowledge. Perhaps he stole that from someone, but we take that to heart. We are delighted when candidates join Novantas with proficiency in Excel, strong database coding capabilities, and a well-reasoned dissertation on how banking regulation should be refined to prevent the next (inevitable?) financial crises. But as much as being a PowerPoint wizard will aid your early months at our firm, it will have no bearing on your long-term success.

We hire candidates who want to commit to learning how to see the banking world as we do – and who will then have the gumption to challenge our established views. Top candidates need not have specific knowledge when they join, but they must have a hunger to develop specialized banking expertise at Novantas.

WHAT CAN YOU EXPECT TO DO AT NOVANTAS?

At Novantas, no two career paths are the same. Associates at the firm are expected to play a variety of roles, which may include:
  • Formulating hypotheses and proving them analytically
  • Organizing and mining large data sets to develop insights
  • Writing and presenting analytic findings
  • Participating in and leading working sessions, both internally and with clients
  • Building financial and forecasting models
  • Conducting statistical analysis
  • Developing business requirements and components for proprietary software applications
  • Programming automated functions and processes (e.g. in Visual Basic or SQL)

WHY SHOULD YOU JOIN NOVANTAS AS A SUMMER ASSOCIATE?

Summer Associates will participate in an eight-week program, beginning in June, where they will work alongside a dedicated project manager on one or more active client engagements. The Summer Associate experience is nearly identical to that of a brand new Associate, a conscious decision on our part which not only allows us to evaluate your potential as a full-time employee, but grants you the opportunity to get an unfiltered and unbiased look at what joining the Firm would be like. Summer Associates enjoy an unmatched opportunity to work closely with senior partners and clients, taking a central role on project teams of 2 - 5 people, and developing a diverse set of skills at an early stage in their career.

We are a close-knit firm with a work environment that is both competitive and collegial. Our associates often speak about the importance of the relationships they have developed at Novantas, both as reasons for why they continue to work here as well as why they learn so much on their projects.

Candidates must possess work authorization which does not require sponsorship by Novantas for a visa.

Novantas is proud to be an Equal Opportunity Employer.