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

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

UK - London

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

The Role

Capco 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

Benefits

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

Equal Opportunity Employer

Capco does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. In order to track the effectiveness of our recruiting efforts, please consider participating in the optional questionnaire.