Financial Risk Principal Consultant (Senior Manager)

Financial Risk Transformation Principal Consultant (Senior Manager) Location: London (Hybrid) | Practice Area: Finance, Risk, Regulatory & Financial Crime | Type: Permanent Lead complex risk transformation across financial services at scale The Role Capco is seeking a Financial Risk Transformation Principal Consultant (Senior Manager) to join our growing Finance, Risk, Regulatory & Financial Crime (FRRF) capability. In this role, you'll lead strategic client engagements, advise senior stakeholders including Chief Risk Officers, and drive transformation across risk functions. You'll play a key role in shaping large-scale programmes spanning liquidity, credit, market, and model risk, helping clients modernise their risk capabilities through data, technology, automation, and AI-enabled ways of working. You'll leverage approved AI tools to enhance insight, improve delivery efficiency, and support better decision-making while applying responsible AI practices and appropriate human oversight. What You'll Do • Lead end-to-end delivery of complex risk transformation programmes across liquidity, credit, market, and model risk, identifying opportunities to leverage AI-enabled workflows and automation to improve client outcomes. • Advise senior stakeholders on regulatory frameworks including Basel, IFRS 9, and BCBS 239, translating regulatory requirements into practical transformation strategies and sustainable operating models. • Design and implement enhanced risk controls, target operating models, governance frameworks, and data-driven reporting solutions that strengthen regulatory compliance and business performance. • Drive the responsible adoption of AI, automation, and advanced analytics to improve risk processes, reporting, forecasting, and decision-making while ensuring appropriate governance and validation. • Contribute to business development, proposition development, client relationship growth, and the continued expansion of Capco's Financial Risk capability. What We're Looking For • Extensive experience delivering financial risk transformation programmes within financial services or management consulting. • Deep expertise across liquidity risk, credit risk, market risk, and model risk, with strong knowledge of Basel, IFRS 9, BCBS 239, and related regulatory frameworks. • Proven experience leading complex transformation programmes and influencing senior stakeholders, including Chief Risk Officers and executive leadership teams. • Strong analytical and strategic problem-solving skills, with experience using approved AI tools and automation to enhance delivery while maintaining sound professional judgement. • Excellent communication and stakeholder management skills with the ability to translate complex risk challenges into practical, business-focused solutions. Bonus Points For • Experience applying AI, automation, or advanced analytics within financial risk transformation or regulatory reporting environments. • Proven track record in proposition development, business development, and supporting go-to-market strategies. • Experience with enterprise data architecture, risk technology platforms, model implementation, or regulatory reporting solutions. • Leadership experience including mentoring, coaching, and developing high-performing consulting teams. • Experience delivering cross-functional transformation initiatives across Risk, Finance, Technology, Treasury, and Compliance. 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 financial risk transformation through inno