At a Glance
- Tasks: Lead the design of a future-ready operating model for a global banking transformation programme.
- Company: Join Capco, a dynamic consulting firm shaping the future of financial services.
- Benefits: Enjoy competitive salary, flexible holidays, and extensive training opportunities.
- Other info: Embrace a culture that values individuality and promotes continuous learning.
- Why this job: Make a real impact in a highly regulated environment while collaborating with senior stakeholders.
- Qualifications: Experience in Target Operating Model or procurement transformation within banking is essential.
The predicted salary is between 70000 - 90000 £ per year.
Location: London (Hybrid) | Practice Area: Business Consulting | Type: Fixed Term Contract – 6 Months
Lead the design of a future-ready operating model for a global banking transformation programme.
The Role
We're supporting a global bank on a major Third Party Risk Management transformation and are looking for an experienced Design Lead to own the Target Operating Model workstream. Working across Procurement, Risk, Compliance and Technology, you'll define the future operating model that will underpin how the bank manages its third-party supplier ecosystem. This is an opportunity to shape strategic change within a complex, highly regulated environment while working alongside senior stakeholders to deliver lasting business value.
What You'll Do
- Lead the design and delivery of the Target Operating Model for a large-scale Third Party Risk Management transformation programme.
- Facilitate workshops with senior stakeholders across Procurement, Risk, Compliance and Technology to define future-state processes and operating principles.
- Redesign end-to-end procurement and supplier management processes, including governance, operating procedures and role definitions.
- Produce high-quality operating model artefacts, process documentation and implementation deliverables aligned to regulatory expectations.
- Partner with programme leadership to ensure the future operating model is practical, scalable and successfully embedded through implementation.
What We're Looking For
- Proven experience leading Target Operating Model or procurement transformation initiatives within a large banking organisation.
- Deep expertise in Procurement and Third Party Risk Management, with a strong understanding of the regulatory landscape.
- Experience influencing senior stakeholders and building alignment across complex transformation programmes.
- Excellent facilitation, process design and documentation skills with the ability to translate strategy into practical operating models.
- Strong communication and collaboration skills with a structured, delivery-focused approach.
Bonus Points For
- Experience delivering Third Party Risk Management transformation programmes within global financial institutions.
- Knowledge of supplier lifecycle management technologies and procurement platforms.
- Experience working across cross-functional teams in highly regulated environments.
- Familiarity with operating model implementation and business change activities.
- Consulting experience supporting enterprise-wide transformation programmes.
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, professional training and industry certifications.
- Help clients solve complex business and regulatory challenges.
- Shape the future of financial services through meaningful transformation.
Benefits
- Core Benefits: Discretionary bonus, competitive pension, health insurance, life insurance and critical illness cover.
- Mental Health: Easy access to CareFirst, Unmind, Aviva consultations and in-house first aiders.
- Family-Friendly: Maternity, adoption and shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause and bereavement.
- Holiday Flexibility: Five weeks of annual leave with the option to buy or sell holiday days based on your needs.
- Continuous Learning & Extras: Minimum 40 hours of training annually, Business Coach from Day One, online GP services, Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work and dental insurance.
Inclusion at Capco
We're committed to making our recruitment process accessible and straightforward for everyone. If you need any adjustments at any stage, just let us know—we'll be happy to help. We value each person's unique perspective and contribution. At Capco, we believe that being yourself is your greatest strength. Our #BeYourselfAtWork culture encourages individuality and collaboration—a mindset that shapes how we work with clients and each other every day.
Design Lead – Target Operating Model - 6 Month FTC in London employer: Capco
Capco is an exceptional employer, offering a collaborative and entrepreneurial work culture that empowers employees to lead high-impact transformation programmes for Tier 1 financial institutions. With a strong commitment to continuous learning, generous benefits including flexible holiday options, and a focus on mental health and family-friendly policies, Capco provides a supportive environment for professional growth and personal well-being in the heart of London.
StudySmarter Expert Advice🤫
We think this is how you could land Design Lead – Target Operating Model - 6 Month FTC in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Capco.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Capco might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Design Lead – Target Operating Model - 6 Month FTC in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Capco will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Capco. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Capco confidence in your short-term commitment to the role.
How to prepare for a job interview at Capco
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Capco.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Capco that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
