Management Consultant - Financial Risk

Financial Risk Transformation Consultant / Senior Consultant

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

Lead meaningful risk transformation at the heart of financial services

The Role
Capco is seeking Financial Risk Consultants and Senior Consultants to join our growing FRRF capability. You’ll advise clients on regulatory frameworks, optimise risk controls, and lead transformation in support of Chief Risk Officers. This is a chance to deliver complex, high-impact work across credit, market, liquidity, and capital risks.

What You’ll Do

• Deliver advisory and implementation projects related to Basel, IFRS9, BCBS-239, and other key regulations

• Support risk control improvements, regulatory change, and data-driven risk reporting and modelling

• Evaluate client risk practices and define opportunities for process enhancement

• Facilitate collaboration across departments such as credit risk, legal, IT, and finance

• Contribute to internal capability building, business development, and risk thought leadership

What We’re Looking For

• Experience in risk and regulatory change within financial services

• Knowledge of regulatory frameworks (Basel, IFRS9, BCBS-239), especially for credit, market, liquidity, and capital risks

• Practical exposure to risk assessments, target operating model design, and control implementation

• Ability to analyse emerging risk trends and recommend actionable improvements

• Clear communication skills and the ability to advise stakeholders across all levels

Bonus Points For

• Track record of delivery as a Project Manager or Business Analyst

• Confidence presenting to senior audiences and influencing across functions

• Experience working on data, technology, or model-driven risk solutions

• Contributions to risk frameworks, control evaluation, or TOM design

• For senior candidates: people leadership, proposition design, and client development

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: Take your pick. Workshops, certifications, e-learning. Your growth, your way. Also, Business Coach assigned from Day One: Get one-on-one guidance to fast-track your goals and accelerate your development.
Healthcare Access: Convenient online GP services.
Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance.

Inclusion at Capco
We’re committed to a barrier-free, inclusive recruitment process. If you need any adjustments at any stage, just let us know we’ll be happy to help. We welcome applicants from all backgrounds. At Capco, we value the difference you make, and the differences that make you. Our #BeYourselfAtWork culture champions diversity, equity and inclusivity, and we bring a collaborative mindset to our partnerships with clients and colleagues.

#LI-KA1