Management Consultant - Non-Financial / Operational Risk

About the role

Capco is recruiting Management Consultants with expertise in Non-Financial Risk to join its Finance, Risk, Regulatory & Financial Crime practice. Working on projects for leading financial institutions, you will deliver risk transformation and advisory services across enterprise and operational risk, acting as a trusted advisor on risk frameworks, controls, governance and surveillance. The role is based in Glasgow and Edinburgh on a hybrid basis.

Key responsibilities

• Support enterprise and operational risk transformation projects, using AI-enabled analysis where appropriate to improve delivery and insight.
• Document, assess and enhance risk processes and controls across the first and second lines of defence, spotting opportunities for automation and AI-enabled workflow improvements.
• Contribute to market abuse and trade surveillance initiatives by reviewing controls, detection scenarios and the responsible use of AI to reduce false positives.
• Support AI model tuning and optimisation in surveillance environments, ensuring governance, validation, auditability and human oversight.
• Engage stakeholders across business, technology, compliance and risk functions to deliver collaborative, data-driven transformation.

Required profile

• Experience in enterprise or operational risk, ideally in financial services or management consulting.
• Strong understanding of market abuse regulation and trade surveillance frameworks.
• Awareness or practical experience of AI and machine learning in risk or surveillance, including model tuning and responsible AI practices.
• Experience documenting end-to-end processes, finding risk and control gaps and using approved AI tools for analysis.
• Excellent communication and stakeholder management skills.

Bonus points

• Control testing, risk assurance or remediation experience.
• Surveillance platforms such as NICE Actimize or Nasdaq SMARTS.
• AI-enabled analytics, automation or model optimisation in risk or surveillance.
• Workshop facilitation and stakeholder engagement.
• Risk-focused consulting experience or experience improving enterprise risk frameworks.

What we offer

• Permanent position with discretionary bonus, pension, health, life and critical illness insurance.
• Mental health support, family-friendly leave and eight backup care sessions.
• Five weeks' annual leave, online GP services and 40 hours of training per year.
• Gympass, travel insurance, Tastecard, season ticket loans, Cycle to Work and dental insurance.