Management Consultant - Non-Financial Risk Specialist (Operational Risk - Enterprise Risk)

Capco; City Of London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading consulting firm is seeking a Management Consultant specializing in Non-Financial Risk in London. You'll engage in risk transformation projects, ensuring adherence to regulations and supporting financial institutions. Ideal candidates have experience in operational risk, stakeholder engagement, and a clear understanding of risk frameworks. This role offers a competitive benefits package and opportunities for professional growth in a collaborative environment.

Benefits

Discretionary bonus

Health insurance

5 weeks of annual leave

Gympass access

Travel insurance

Qualifications

• Experience in financial services risk management.
• Proven track record in engaging stakeholders.
• Strong analytical skills to identify risk/control gaps.

Responsibilities

• Support risk transformation projects.
• Document and enhance risk processes and controls.
• Engage stakeholders for collaborative delivery.

Skills

Experience in enterprise or operational risk

Effective communication

Understanding of risk regulations

Job description

Management Consultant - Non-Financial Risk Specialist (Operational Risk - Enterprise Risk)

UK - London

Non-Financial Risk (Enterprise Risk) Consultant - all levels

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

Lead meaningful change in enterprise and operational risk

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, and governance.

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
• Interpret regulations and align business practices to evolving risk expectations
• Engage stakeholders across functions and levels to ensure collaborative delivery
• Represent Capco in client-facing roles and contribute to growing our Risk capability

What We’re Looking For

• Experience in enterprise or operational risk, ideally within financial services
• Clear understanding of risk regulations and regulatory trends
• Practical knowledge of documenting end-to-end processes and identifying risk/control gaps
• Effective communicator with ability to engage stakeholders at all levels
• Experience managing or supporting change programmes in risk functions

Bonus Points For

• Experience in control testing, risk assurance, or remediation
• Ability to run workshops and drive stakeholder engagement
• Prior consultancy background in a risk-focused role
• Capability to draft and review policies and risk procedures
• 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.
• Family Care: 8 complimentary backup care sessions for emergency childcare or elder care.
• 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: Take your pick. Workshops, certifications, e-learning. Your growth, your way. Also, Business Coach assigned from Day One: Get one-on-one guidance to fast-track your goals and accelerate your development.
• Healthcare Access: Convenient online GP services.
• Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance.

Inclusion at Capco

We’re committed to a barrier-free, inclusive recruitment process. If you need any adjustments at any stage, just let us know – we’ll be happy to help. We welcome applicants from all backgrounds. At Capco, we value the difference you make, and the differences that make you. Our #BeYourselfAtWork culture champions diversity, equity and inclusivity, and we bring a collaborative mindset to our partnerships with clients and colleagues.

Capco Job Candidate Privacy Notice

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