Interim Risk Framework Consultant

Interim Risk Framework Consultant - 6-Week Contract Financial Services London (Hybrid)

I am currently supporting a leading UK financial services organisation seeking an experienced Market Risk Framework Consultant for a high-impact 6-week assignment.

This is not a team leadership role and it is not a long-term transformation programme. I am looking for a senior risk professional who can quickly assess an existing environment, challenge current practices where appropriate, and deliver a robust, regulator-ready Market Risk Framework.

The Assignment

The organisation already operates established market risk methodologies including VaR, stress testing and other core risk measures. The focus of the engagement is to formalise and strengthen the framework surrounding these activities.

Key deliverables include:

• Reviewing the existing Market Risk Framework and governance arrangements
• Assessing risk appetite, limits, thresholds and escalation processes
• Challenging current practices and identifying areas for enhancement
• Drafting a proportionate Market Risk Framework suitable for Board and Executive Risk Committee approval
• Producing supporting governance documentation and risk management standards
• Ensuring the framework is robust from both an audit and regulatory perspective

What My Client Is Looking For

• Significant experience within Market Risk in investment banking, capital markets, brokerage, trading or similar environments
• Proven experience writing or enhancing Market Risk Frameworks, Risk Appetite Frameworks or Market Risk Policies
• Strong understanding of:
• VaR
• Expected Shortfall
• Stress Testing
• Risk Limits
• Risk Governance
• Experience presenting to Executive Committees, Risk Committees or Boards
• Comfortable operating independently with minimal onboarding

This is a genuine delivery-focused assignment for someone who enjoys solving problems quickly and producing tangible outcomes. I am looking for a contractor who can arrive on day one, understand the environment rapidly, and leave behind a framework that stands up to regulatory and audit scrutiny.