Principal Consultant - Non-Financial / Operational Risk

About the role

Capco is looking for experienced Principal Consultants with deep expertise in Non-Financial Risk to join its Finance, Risk, Regulatory & Financial Crime (FRRF) practice in London, working in a hybrid setting. You will lead complex client engagements, advise senior stakeholders and help deliver enterprise and operational risk transformation, while contributing to capability growth, proposition development and team leadership. The role uses approved AI tools and responsible AI practices to improve analysis and decision-making.

Key responsibilities

• Lead enterprise and operational risk transformation programmes, strengthening governance, operating models, controls and risk frameworks, and identify opportunities for AI-enabled workflows and automation.
• Oversee trade surveillance and market abuse initiatives, optimising detection scenarios, controls and monitoring with data-driven insights and responsible AI techniques.
• Advise senior stakeholders on regulatory expectations and turn complex requirements into practical, strategic solutions.
• Apply and oversee AI-enabled analytics and model tuning to improve risk monitoring, alert calibration and false positive reduction, with proper governance, validation and human oversight.
• Build trusted relationships with senior client stakeholders and contribute to business development, proposition development and thought leadership.

Required profile

• Extensive experience delivering enterprise or operational risk transformation in financial services or management consulting.
• Strong knowledge of market abuse regulation, trade surveillance, operational risk and financial crime risk management.
• Experience with AI, machine learning or advanced analytics in risk or surveillance settings, including model optimisation and responsible AI.
• Proven ability to lead complex transformation programmes and influence senior stakeholders across business, technology, compliance and risk functions.
• Excellent communication, leadership and stakeholder management skills.

Bonus points

• Experience leading surveillance transformation, control optimisation or enterprise risk enhancement.
• Familiarity with surveillance platforms such as NICE Actimize or Nasdaq SMARTS.
• Track record in business development and proposition development.
• Experience mentoring consulting teams and working across multiple jurisdictions.

What we offer

• Discretionary bonus, pension, health, life and critical illness insurance.
• Mental health support and family-friendly leave, including maternity, adoption, shared parental and bereavement leave.
• Eight complimentary backup care sessions and five weeks of annual leave.
• Minimum 40 hours of training per year and a Business Coach from day one.
• Gympass, travel insurance, Tastecard, season ticket loans, Cycle to Work and dental insurance.