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

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 Finance, Risk, Regulatory & Financial Crime (FRRF) capability. In this senior role, you'll lead complex client engagements, advise senior stakeholders, and play a key role in shaping and delivering enterprise and operational risk transformation initiatives. Acting as a trusted advisor, you'll contribute to capability growth, proposition development, and team leadership while leveraging approved AI tools and AI-enabled ways of working to enhance analysis, improve delivery, and strengthen decision-making through responsible AI practices and appropriate human oversight. What You'll Do • Lead enterprise and operational risk transformation programmes, helping clients strengthen governance, operating models, controls, and risk frameworks while identifying opportunities to leverage AI-enabled workflows and automation. • Oversee trade surveillance and market abuse initiatives, optimising detection scenarios, controls, and monitoring capabilities using data-driven insights and responsible AI techniques where appropriate. • Advise senior stakeholders on regulatory expectations and translate complex requirements into practical, strategic solutions that improve enterprise risk management and operational resilience. • Apply and oversee AI-enabled analytics and model tuning techniques to enhance risk monitoring, alert calibration, and false positive reduction while ensuring appropriate governance, validation, and human oversight. • Build trusted relationships with senior client stakeholders while contributing to business development, proposition development, capability growth, and thought leadership across the Non-Financial Risk practice. What We're Looking For • Extensive experience delivering enterprise or operational risk transformation within financial services or management consulting. • Strong knowledge of market abuse regulation, trade surveillance frameworks, operational risk, and wider financial crime risk management. • Experience working with AI, machine learning, or advanced analytics within risk or surveillance environments, including model optimisation and responsible AI practices. • 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, with the ability to translate complex risk challenges into practical, business-focused solutions. Bonus Points For • Experience leading surveillance transformation, control optimisation, or enterprise risk enhancement initiatives. • Familiarity with surveillance platforms such as NICE Actimize, Nasdaq SMARTS, or similar technologies. • Proven track record in business development, proposition development, and converting client opportunities into successful engagements. • Experience mentoring, coaching, and developing high-performing consulting teams. • Experience working across multiple jurisdictions and regulatory environments. Why Join Capco • Deliver high-impact transformation programmes for Tier 1 financial institutions. • Work in a collaborative, flat, and entrepreneurial consulting culture. • Access continuous learning, industry certifications, and structured leadership development. • Help shape the future of enterprise risk transformation through innovation, automation, and technology. • Be part of a team delivering meaningful change