Managing Principal (Director) - Non-Financial Risk Specialist (Operational Risk - Enterprise Risk)

Capco; City Of London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading consultancy firm is seeking a Managing Principal with expertise in Non-Financial Risk. The role involves leading transformative projects and engaging with major financial institutions across operational and enterprise risk domains. Ideal candidates possess deep knowledge in risk management and excellent stakeholder engagement skills. This role offers a competitive benefits package and the possibility of hybrid work arrangements.

Benefits

Discretionary bonus

Competitive pension

Health insurance

Life insurance

Mental health support

Continuous learning opportunities

Family-friendly benefits

Gym access

Travel insurance

Cycle to Work scheme

Qualifications

• Proven experience in operational or enterprise risk, ideally within financial services.
• In-depth understanding of evolving risk regulations and compliance expectations.
• Strong ability to document, assess and improve risk and control processes.
• Excellent communication skills across varied audiences.

Responsibilities

• Lead and deliver risk transformation projects across enterprise and operational risk domains.
• Engage and manage stakeholders across all organisational levels.
• Assess and enhance risk processes and controls across the first and second lines of defence.

Skills

Operational risk management

Enterprise risk management

Regulatory compliance

Stakeholder engagement

Change management

Job description

Managing Principal (Director) - Non-Financial Risk Specialist (Operational Risk - Enterprise Risk)

UK - London

Managing Principal – Non-Financial Risk Specialist (Operational Risk – Enterprise Risk)
Location: London or Scotland (Hybrid) | Practice Area: Financial Crime, Risk, Regulation, Finance Transformation | Type: Permanent

Lead Meaningful Change in Enterprise and Operational Risk

Role overview: Capco is seeking a Managing Principal with deep expertise in Non-Financial Risk to support the continued growth of our FRRF capability. You’ll lead impactful engagements with major financial institutions, delivering transformative advisory services across operational and enterprise risk. Acting as a strategic advisor, you’ll shape future-facing risk frameworks and help drive business growth through client development and market leadership.

What You’ll Do

• Lead and deliver risk transformation projects across enterprise and operational risk domains
• Assess and enhance risk processes and controls across the first and second lines of defence
• Interpret regulatory expectations and align client practices accordingly
• Engage and manage stakeholders across all organisational levels to drive collaborative outcomes
• Represent Capco in client-facing leadership roles and contribute to business development initiatives

What We’re Looking For

• Proven experience in operational or enterprise risk, ideally within financial services
• In-depth understanding of evolving risk regulations and compliance expectations
• Strong ability to document, assess and improve risk and control processes
• Excellent communication and stakeholder engagement skills across varied audiences
• Demonstrated experience leading or supporting change and transformation programmes

Bonus Points For

• Background in control testing, assurance or risk remediation
• Confidence in running workshops and facilitating stakeholder discussions
• Prior consulting experience in risk-focused roles
• Familiarity with drafting or reviewing risk policies and governance documents
• Experience evaluating and enhancing risk frameworks and control environments

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: workshops, certifications, e-learning—your growth, your way. Also, a Business Coach assigned from Day One to fast-track goals and 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 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

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