At a Glance
- Tasks: Lead enterprise-wide risk transformation and advise senior stakeholders on non-financial risk.
- Company: Capco, a forward-thinking consultancy in finance and risk.
- Benefits: Competitive salary, discretionary bonus, health insurance, and 5 weeks holiday.
- Other info: Collaborative culture with continuous learning and career development opportunities.
- Why this job: Shape the future of digital financial services and work with top-tier clients.
- Qualifications: Extensive experience in operational risk and strong communication skills.
The predicted salary is between 72000 - 88000 £ per year.
Location: Edinburgh and Hertford (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 FRRF capability. In this senior role, you will lead complex client engagements, advise senior stakeholders, and play a key role in shaping and delivering enterprise and operational risk transformation initiatives. You will act as a trusted advisor while contributing to capability growth, proposition development, and team leadership.
What You’ll Do
- Lead delivery of large-scale risk transformation programmes across enterprise and operational risk
- Oversee trade surveillance and market abuse frameworks, including optimisation of detection scenarios and controls
- Advise clients on regulatory expectations and translate them into strategic and practical solutions
- Apply and oversee the use of AI and model tuning techniques to enhance risk monitoring, alert calibration, and false positive reduction
- Build and maintain senior stakeholder relationships, acting as a trusted advisor to client leadership
What We’re Looking For
- Extensive experience in enterprise or operational risk within financial services or consulting
- Strong knowledge of market abuse regulation, trade surveillance frameworks, and financial crime risk
- Experience working with or overseeing AI/ML models in risk or surveillance environments, including tuning and optimisation
- Proven ability to lead complex programmes and manage multiple stakeholders at senior levels
- Strong communication skills with the ability to influence and challenge constructively
Bonus Points For
- Experience leading surveillance transformation or control optimisation initiatives
- Familiarity with surveillance tools and platforms (e.g., NICE Actimize, Nasdaq SMARTS, or similar)
- Track record in business development, including shaping and converting opportunities
- Experience mentoring and developing junior team members
- Experience working across multiple jurisdictions or regulatory regimes
Why Join Capco
- Deliver high-impact technology solutions for Tier 1 financial institutions
- Work in a collaborative, flat, and entrepreneurial consulting culture
- Access continuous learning, training, and industry certifications
- Be part of a team shaping the future of digital financial services
- Help shape the future of digital transformation across FS & Energy.
We offer a competitive, people-first benefits package designed to support every aspect of your life:
- 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, shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement.
- Holiday Flexibility: 5 weeks of annual leave with the option to buy or sell holiday days based on your needs.
- Continuous Learning: Minimum 40 Hours of Training Annually plus a dedicated Business Coach from Day One.
Use of Artificial Intelligence in Talent Acquisition
At Capco, we use artificial intelligence (AI) tools to support and enhance several parts of talent acquisition. This includes using AI-enabled features within LinkedIn to help source potential candidates, speeding up routine recruitment communications such as emails and creating compelling and brand-aligned job postings that accurately reflect role requirements, and AI-scheduling applications to improve the efficiency of interview coordination. AI is used as a support tool only. All hiring decisions are made by talent acquisition and hiring teams.
Why This Role Is Open
We are currently hiring for this role due to an existing or newly created vacancy within our organization. This position is open as part of our ongoing business needs, and we are actively reviewing applications to fill this role with a qualified candidate who can make an immediate impact.
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.
Locations
Principal Consultant (Senior Manager) - Non-Financial / Operational Risk in Midlothian, Scotland employer: Capco
Capco is an excellent employer for those looking to make a significant impact in the banking sector, particularly in London where innovation meets tradition. With a strong focus on employee growth through professional training and a supportive work culture that values collaboration and stakeholder engagement, Capco ensures that its team members are well-equipped to lead transformative projects. The hybrid working model further enhances work-life balance, making it an attractive place for professionals seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Consultant (Senior Manager) - Non-Financial / Operational Risk in Midlothian, Scotland
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Capco looking for candidates who are engaged and informed.
We think you need these skills to ace Principal Consultant (Senior Manager) - Non-Financial / Operational Risk in Midlothian, Scotland
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Capco. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Capco
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Capco’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
