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Senior Associate: Operations Group​/Transformation Services; U.S. Locations

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Alvarez & Marsal Deutschland GmbH
Full Time position
Listed on 2026-07-07
Job specializations:
  • Business
    Operations Manager, Change Management, Business Analyst
Salary/Wage Range or Industry Benchmark: 100000 - 170000 USD Yearly USD 100000.00 170000.00 YEAR
Job Description & How to Apply Below
Position: Senior Associate: Operations Group/Transformation Services (OPEN TO ALL U.S. LOCATIONS)

Senior Associate:
Operations Group/Transformation Services

Open to all U.S. locations

About the role

Alvarez & Marsal’s Private Equity Performance Improvement Services (PEPI) practice focuses on serving middle market and large‑cap private equity firms. The Transformation Services team provides cross‑functional solutions to accelerate EBITDA and cash flow improvements.

Responsibilities
  • Work with Private Equity leadership to identify, design, and implement creative business solutions for portfolio companies.
  • Structure and manage performance improvement plans for large and complex client engagements.
  • Identify opportunities to reduce cost structure through changes in business leadership, staffing, functional management, and efficiency of back‑office functions.
  • Synthesize data, opinions, or facts to enhance EBITDA and operating efficiencies.
  • Implement cost‑reduction programs, including roles and responsibilities changes, new processes, and workforce reductions.
  • Develop findings and make strategic recommendations.
  • Hands‑on experience gained through consulting projects in at least two of the following areas:
    • Margin management, pricing, product rationalization
    • Sales & operations planning
    • Sourcing and global supply chain
    • Organizational structure and effectiveness
    • Non‑labor cost efficiency
    • Process improvement and performance management metrics/KPIs
    • SG&A cost reduction
    • Working capital and cash management
Qualifications
  • Bachelor’s degree.
  • 4-7 years of professional industry or consulting experience implementing operating expense cost‑reduction programs.
  • Depth in a specific industry vertical (e.g., industrial, business services, distribution, consumer products and retail).
Compensation and Benefits

Salary range: $100,000–$170,000 annually, dependent on education, experience, skills, and geography. A&M offers a discretionary bonus program based on individual and firm performance. Standard benefits include health plans, flexible spending accounts, disability insurance, 401(k) with company match, paid time off, and parental leave.

Employment Information

A&M does not require or administer lie detector tests as a condition of employment or continued employment. It is unlawful in Massachusetts to require such tests.

Position is open; applications are accepted until the role is filled.

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Position Requirements
10+ Years work experience
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