Financial Risk Principal Consultant (Senior Manager)

Financial Risk Transformation Principal Consultant (Senior Manager) Location: London (Hybrid) | Practice Area: Finance, Risk, Regulatory & Financial Crime | Type: Permanent

Lead complex risk transformation across financial services at scale

The RoleCapco is seeking a Financial Risk Transformation Principal Consultant to join our growing FRRF capability. In this role, you will lead strategic client engagements, advise senior stakeholders including Chief Risk Officers, and drive transformation across risk functions. You will play a key role in shaping large-scale programmes spanning liquidity, credit, market, and model risk, with opportunities to incorporate AI and automation into modern risk frameworks.

What You’ll Do

• Lead end-to-end delivery of complex risk transformation programmes across liquidity, credit, market, and model risk

• Advise senior stakeholders on regulatory frameworks including Basel, IFRS9, and BCBS-239, translating requirements into actionable strategies

• Drive the design and implementation of enhanced risk controls, operating models, and data-driven reporting solutions

• Identify opportunities to leverage AI and automation to improve risk processes and decision-making

• Contribute to business development, client relationship growth, and internal capability building

What We’re Looking For

• Extensive experience in financial risk transformation within financial services

• Deep expertise across liquidity risk, credit risk, market risk, and model risk

• Strong knowledge of regulatory frameworks such as Basel, IFRS9, and BCBS-239

• Experience leading large-scale programmes, including stakeholder engagement at senior levels

• Ability to translate complex risk challenges into practical, deliverable solutions

Bonus Points For

• Experience applying AI or automation in risk transformation or reporting environments

• Track record in proposition development and contributing to sales or go-to-market strategies

• Experience with data architecture, risk systems, or model implementation

• Leadership experience including mentoring and developing team members

• Experience working across cross-functional teams including technology, finance, and compliance

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, and e-learning, plus a dedicated Business Coach from Day One

• Healthcare Access: Convenient online GP services

• Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance

Use of Artificial Intelligence in Talent AcquisitionAt 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, brand-aligned job postings. AI is also used to support interview scheduling.

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

Why This Role Is OpenWe are currently hiring for this role due to an existing vacancy within our organisation. This position is open as part of our ongoing business needs, and we are actively reviewing applications to identify a candidate who can make a meaningful impact.

Inclusion at CapcoWe’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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