Senior Consultant - Risk and Regulation in London

Novatus Global is a Series B scale-up boutique advisory firm and RegTech SaaS provider, supporting financial institutions to manage their most complex strategic, transformation and regulatory requirements. We combine deep consulting expertise with cutting-edge SaaS solutions, enabling clients to define strategies, deliver transformation and change, enhance operations, drive efficiencies, reduce costs and achieve sustainable growth. Our expert-led advisory practice supports firms across the financial services industry, ranging from global asset and wealth managers, capital markets firms, insurers and banks, ensuring they receive tailored solutions and services to meet their specific needs.

Our consulting services offer expertise across Strategy, Data, Operations, Risk & Compliance, Transaction Reporting, ESG and Managed Services. We embed ourselves within client teams to deliver both insight and execution, taking ownership of outcomes and driving measurable impact. Alongside our advisory offering, our unique model delivers our flagship SaaS platform, En:ACT (short for Ensuring Accurate, Complete and Timely transaction reporting), which is a market-leading solution for regulatory transaction reporting and reconciliation across global regimes. Already trusted by more than 30 firms worldwide, the platform is scalable, proven and designed for both business and technical users.

Since our launch in 2019, we have scaled rapidly, creating space for our people to grow with the business. Backed by North American private equity investment and partnerships with the London Stock Exchange Group and Snowflake’s global data platform, we are creating meaningful impact across the financial services and capital markets spheres through innovation in both advisory and technology. Our growth plans do not stop here, so we are on the lookout for top-tier talent to join us on our journey and enable our next phase of success.

Job Overview

We are seeking a Risk and Regulatory professional to join our consulting practice, supporting both managed services and advisory engagements. The role focuses on prudential risk, requiring strong financial acumen and experience in drafting and maintaining ICARAs for FCA-regulated firms. You will lead risk assessments, stress testing, wind-down planning, and the development of risk registers, taxonomies, and enterprise risk frameworks, preparing board‑ready summaries and presenting findings to senior management. This role is ideal for a risk professional (not compliance) with hands‑on prudential experience looking to influence client risk governance and financial resilience.

Key Responsibilities

• Lead the drafting, review, and ongoing maintenance of ICARAs for FCA‑regulated investment firms
• Support harm identification, risk quantification, capital and liquidity adequacy assessments, and wind‑down planning
• Review and challenge financial frameworks, including stress testing and scenario analysis
• Prepare board‑ready ICARA summaries and present findings to senior management where required
• Design, draft, and enhance enterprise risk management frameworks proportionate to client size and complexity
• Develop and maintain risk registers, risk taxonomies, and risk appetite statements
• Support clients in developing and embedding ESG frameworks and governance structures
• Integrate ESG and Climate risks into enterprise risk management frameworks
• Support regulatory disclosure readiness (e.g., TCFD, sustainability‑related disclosures where applicable)
• Support climate risk scenario analysis and ESG data governance initiatives

About You

• 4–7 years of experience in asset management or a prudential risk‑focused consulting practice
• Strong financial acumen with hands‑on experience in prudential risk
• Experience leading the drafting, review, and maintenance of ICARAs for FCA‑regulated investment firms
• Skilled in harm identification, risk quantification, capital and liquidity adequacy assessments, and wind‑down planning
• Ability to review and challenge financial frameworks, including stress testing and scenario analysis
• Experience preparing board‑ready ICARA summaries and presenting findings to senior management
• Proficient in designing, drafting, and enhancing enterprise risk management frameworks, including risk registers, risk taxonomies, and risk appetite statements
• A team player who is happy with a broad role juggling a variety of consulting and managed services engagements across risk, regulation and ESG.

Benefits

• Private Medical Insurance (AXA) – includes mental health, dental, vision, and private GP access
• Life Insurance (4× salary) with Unum
• Unum’s Help@Hand: medical second opinions, physiotherapy, lifestyle coaching, savings and discounts, and cancer support services for you, your partner, and your child(ren)
• Employee Assistance Program
• Enhanced parental leave (maternity & paternity)
• Fast career progression based on performance, not tenure
• Holiday entitlement increases with tenure
• Flexible hours with core collaboration time
• Gym & fitness discounts
• Monthly team lunches, quarterly socials, and office snacks & drinks
• Interest‑based working groups to collaborate and innovate

Novatus is an Equal Opportunity Employer. All employment decisions are made based on business needs, role requirements, and individual qualifications, without regard to race, age, religion or belief, sex, sexual orientation, gender identity or expression, marital or civil partnership status, pregnancy or maternity, socioeconomic background, disability, or any other characteristic protected under the Equality Act 2010. We maintain a workplace culture that is inclusive, respectful, and supportive. Our recruitment and selection processes are designed to ensure fairness and consistency for all candidates. Reasonable adjustments are available throughout the application and interview process, and candidates are encouraged to contact Human Resources to discuss any specific requirements. This commitment is embedded in all aspects of our employment practices, including recruitment, compensation, professional development, promotion, and workplace conduct.