Management Consultant - Non-Financial / Operational Risk

Non-Financial Risk (Enterprise Risk) Consultant – All Levels

Location: London (Hybrid) | Practice Area: Finance, Risk, Regulatory & Financial Crime | Type: Permanent

Drive impactful change across enterprise risk, market abuse, and surveillance frameworks

The Role
Capco is looking for Management Consultants with expertise in Non-Financial Risk to join our growing FRRF capability. You’ll work on a variety of projects for leading financial institutions, delivering risk transformation and advisory services across enterprise and operational risk. Acting as a trusted advisor, you will help shape the future of risk frameworks, controls, governance, and surveillance capabilities.

What You’ll Do

• Support risk transformation projects across enterprise and operational risk functions
• Document, assess, and enhance risk processes and controls across the first and second lines
• Contribute to market abuse and trade surveillance initiatives, including reviewing controls and detection scenarios
• Support the application of AI and model tuning techniques to improve surveillance effectiveness and reduce false positives
• Engage stakeholders across functions and levels to ensure collaborative delivery

What We’re Looking For

• Experience in enterprise or operational risk, ideally within financial services
• Understanding of market abuse regulation and trade surveillance frameworks
• Awareness or experience of AI/ML applications in risk or surveillance environments , including model tuning concepts
• Practical knowledge of documenting end-to-end processes and identifying risk/control gaps
• Effective communicator with ability to engage stakeholders at all levels

Bonus Points For

• Experience in control testing, risk assurance, or remediation
• Exposure to surveillance tools (e.g., NICE Actimize, Nasdaq SMARTS, or similar)
• Ability to run workshops and drive stakeholder engagement
• Prior consultancy background in a risk-focused role
• Experience analysing frameworks to improve risk posture and control effectiveness

Why Join Capco

• Deliver high-impact technology solutions for Tier 1 financial institutions
• Work in a collaborative, flat, and entrepreneurial consulting culture
• Access continuous learning, training, and industry certifications
• Be part of a team shaping the future of digital financial services
• Help shape the future of digital transformation across FS & Energy.

We offer a competitive, people-first benefits package designed to support every aspect of your life:

• Core Benefits: Discretionary bonus, competitive pension, health insurance, life insurance and critical illness cover.
• Mental Health: Easy access to CareFirst, Unmind, Aviva consultations, and in-house first aiders.
• Family-Friendly: Maternity, adoption, shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement.
• Holiday Flexibility: 5 weeks of annual leave with the option to buy or sell holiday days based on your needs.
• Continuous Learning: Minimum 40 Hours of Training Annually plus a dedicated Business Coach from Day One.

Use of Artificial Intelligence in Talent Acquisition
At Capco, we use artificial intelligence (AI) tools to support and enhance several parts of talent acquisition. This includes using AI-enabled features within LinkedIn to help source potential candidates, speeding up routine recruitment communications such as emails and creating compelling and brand-aligned job postings that accurately reflect role requirements, and AI-scheduling applications to improve the efficiency of interview coordination.

AI is used as a support tool only. All hiring decisions are made by talent acquisition and hiring teams.

Why This Role Is Open
We are currently hiring for this role due to an existing or newly created vacancy within our organization. This position is open as part of our ongoing business needs, and we are actively reviewing applications to fill this role with a qualified candidate who can make an immediate impact.

Inclusion at Capco
We’re committed to making our recruitment process accessible and straightforward for everyone. If you need any adjustments at any stage, just let us know – we’ll be happy to help. We value each person’s unique perspective and contribution. At Capco, we believe that being yourself is your greatest strength. Our #BeYourselfAtWork culture encourages individuality and collaboration – a mindset that shapes how we work with clients and each other every day.

#LI-KA1