Principal Consultant (Senior Manager) - Non-Financial / Operational Risk

About the Position

Principal Consultant – Non-Financial Risk (Enterprise Risk)

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

Lead enterprise-wide risk transformation and shape the future of non-financial risk.

Responsibilities

• Lead enterprise and operational risk transformation programmes, helping clients strengthen governance, operating models, controls, and risk frameworks while identifying opportunities to leverage AI-enabled workflows and automation.
• Oversee trade surveillance and market abuse initiatives, optimising detection scenarios, controls, and monitoring capabilities using data-driven insights and responsible AI techniques where appropriate.
• Advise senior stakeholders on regulatory expectations and translate complex requirements into practical, strategic solutions that improve enterprise risk management and operational resilience.
• Apply and oversee AI-enabled analytics and model tuning techniques to enhance risk monitoring, alert calibration, and false positive reduction while ensuring appropriate governance, validation, and human oversight.
• Build trusted relationships with senior client stakeholders while contributing to business development, proposition development, capability growth, and thought leadership across the Non-Financial Risk practice.

Requirements

• Extensive experience delivering enterprise or operational risk transformation within financial services or management consulting.
• Strong knowledge of market abuse regulation, trade surveillance frameworks, operational risk, and wider financial crime risk management.
• Experience working with AI, machine learning, or advanced analytics within risk or surveillance environments, including model optimisation and responsible AI practices.
• Proven ability to lead complex transformation programmes and influence senior stakeholders across business, technology, compliance, and risk functions.
• Excellent communication, leadership, and stakeholder management skills, with the ability to translate complex risk challenges into practical, business-focused solutions.

Bonus Points For

• Experience leading surveillance transformation, control optimisation, or enterprise risk enhancement initiatives.
• Familiarity with surveillance platforms such as NICE Actimize, Nasdaq SMARTS, or similar technologies.
• Proven track record in business development, proposition development, and converting client opportunities into successful engagements.
• Experience mentoring, coaching, and developing high-performing consulting teams.
• Experience working across multiple jurisdictions and regulatory environments.

We Offer

• Deliver high-impact transformation programmes for Tier 1 financial institutions.
• Work in a collaborative, flat, and entrepreneurial consulting culture.
• Access continuous learning, industry certifications, and structured leadership development.
• Help shape the future of enterprise risk transformation through innovation, automation, and technology.
• Be part of a team delivering meaningful change across global financial services.

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:

• Eight complimentary backup care sessions for emergency childcare or elder care

Holiday Flexibility:

• Five 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. Business Coach assigned from Day One to help accelerate your development

Healthcare Access:

• Convenient online GP services

Extra Perks:

• Gympass (Wellhub)
• Travel insurance
• Tastecard
• Season ticket loans
• Cycle to Work
• Dental insurance

About the Company

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.