Risk Transformation Consultant – AI-Driven & Strategic in London

Our Risk & Compliance practice are looking for an experienced Consultant/Senior Consultant to join the team. We’re building a modern Risk Advisory capability that helps CROs and risk leaders turn risk functions into strategic enablers – not cost centres. Our work spans operating model redesign, risk framework modernisation, automation of risk processes, cultural change, and enabling digital, AI‑driven insight across risk lifecycles.

What you will be doing

• Advising clients on strategies and approaches to enable the risk function to achieve safe growth.
• Delivering tangible business benefits to our clients by working within an international community of risk experts, ex‑regulators, and industry specialists.
• Building and delivering various aspects of our risk transformation offering focused on the following propositions:
• Adaptive Risk: Support design of ERM frameworks, governance models, and risk processes that enable CROs to better understand the relationships between risk stripes.
• Simplifying Risk: Assess risk activities, identify inefficiencies, and design simplified, automated workflows to enable faster more confident decision making.
• Tech & Data‑enabled Risk: Support digital and AI‑enabled risk process modernization bringing the risk function ahead on the digital agenda.
• Risk Culture Evolution: Contribute to behavioural diagnostics, cultural interventions, and tools strengthening ownership across LoD.
• Running workstreams and managing others on a range of projects bringing industry leading practices to all aspects of our client’s risk management approach.
• Bringing expertise on the future of risk management based on a strong understanding of risk practices across financial services.
• Using data analysis, AI and technical skills together with risk expertise to deliver outcomes for our clients.
• Regulatory reporting and presenting to senior clients using exceptional written and verbal communication skills.
• Staying current in the industry and working on improving your specialism leveraging Baringa learning framework.

Your skills and experience

• Solid experience in Industry, from a first line role, second line risk/compliance or third line internal audit role; or good level of experience as a Consultant or Auditor in practice helping clients with operational controls, risks and regulation.
• A track record of work experience with risk and control projects for example, documenting, testing design effectiveness and operating effectiveness or identifying areas for simplification and cost reduction.
• Experience working as part of a team on larger reviews and leveraging knowledge of such engagements that are run well.
• Understanding of relevant regulations and expectations e.g. Operational Risk, Data Governance, Client Protection, Market Infrastructure, etc.
• Good understanding of the business, products and their key challenges.
• Understanding how common products and services are structured, sold, processed and operationally supported to bridge the gap between business and Risk/Compliance.
• Desire to become a SME and build your curiosity alongside delivering client projects.
• Ability to leverage an understanding of industry best practice and trends across non‑financial risk practices.

Benefits

• Generous Annual Leave Policy: 5 weeks of annual leave, fully available at the start of each year, plus an additional 2 weeks of paid leave after 5 years continuous service.
• Flexible Working: Hybrid working policy and flexibility around taking unpaid leave.
• Corporate Responsibility Days: 3 days every year to help social and environmental causes.
• Wellbeing Fund: Annual People Fund to support and manage wellbeing through an activity of choice.
• Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme.

EEO Statement

All applications will receive consideration for employment without regard to race, ethnicity, religion, gender, gender identity or expression, sexual orientation, nationality, disability, age, faith or social background. We do not filter applications by university background and encourage those who have taken alternative educational and career paths to apply. We would like to actively encourage applications from those who identify with less represented and minority groups. We operate an inclusive recruitment process, ensuring reasonable adjustments where needed.