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

Principal Consultant – Non-Financial Risk (Enterprise Risk)

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

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

The RoleCapco is seeking experienced Principal Consultants with deep expertise in Non-Financial Risk to join our growing FRRF capability. In this senior role, you will lead complex client engagements, advise senior stakeholders, and play a key role in shaping and delivering enterprise and operational risk transformation initiatives. You will act as a trusted advisor while contributing to capability growth, proposition development, and team leadership.

What You’ll Do

• Lead delivery of large-scale risk transformation programmes across enterprise and operational risk

• Oversee trade surveillance and market abuse frameworks, including optimisation of detection scenarios and controls

• Advise clients on regulatory expectations and translate them into strategic and practical solutions

• Apply and oversee the use of AI and model tuning techniques to enhance risk monitoring, alert calibration, and false positive reduction

• Build and maintain senior stakeholder relationships, acting as a trusted advisor to client leadership

What We’re Looking For

• Extensive experience in enterprise or operational risk within financial services or consulting

• Strong knowledge of market abuse regulation, trade surveillance frameworks, and financial crime risk

• Experience working with or overseeing AI/ML models in risk or surveillance environments, including tuning and optimisation

• Proven ability to lead complex programmes and manage multiple stakeholders at senior levels

• Strong communication skills with the ability to influence and challenge constructively

Bonus Points For

• Experience leading surveillance transformation or control optimisation initiatives

• Familiarity with surveillance tools and platforms (e.g., NICE Actimize, Nasdaq SMARTS, or similar)

• Track record in business development, including shaping and converting opportunities

• Experience mentoring and developing junior team members

• Experience working across multiple jurisdictions or regulatory regimes

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 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 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 OpenWe 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 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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