At a Glance
- Tasks: Lead impactful risk management projects for top financial clients and drive innovative solutions.
- Company: Join Wavestone, a global consulting powerhouse recognised for its positive workplace culture.
- Benefits: Enjoy competitive salary, flexible benefits, and 25 days annual leave.
- Other info: Embrace a vibrant culture with opportunities for personal and professional development.
- Why this job: Make a real impact in a collaborative environment focused on growth and innovation.
- Qualifications: Experience in risk management within financial services and strong leadership skills required.
The predicted salary is between 60000 - 75000 £ per year.
Be part of a global consulting powerhouse, partnering with clients on their most critical strategic transformations. We are Wavestone, energetic, solution-driven experts who focus as much on people as on performance and growth. Our services span business and digital transformation, cybersecurity, operational improvement, risk advisory, and IT advisory.
In 2025, we received the UK’s Great Place to Work accreditation, and we are proud to have been recognized in the following Best Workplaces categories: Large Organizations, Wellbeing, Development and Best Workplace for Women.
Becoming part of the UK team in our Risk Advisory Service Line will present new opportunities for you to make a positive impact as we embark on securing major projects with our top international clients. We are currently working with some of the world’s leading Financial Services firms to design and transform risk operating models and underlying processes, enabling our clients to manage their risks in an increasingly complex and fast‑changing environment.
As a Manager, you will join our teams on engagements to deliver end‑to‑end solutions, ensuring clients receive comprehensive support throughout the full project lifecycle. You will also play a key role in the growth of our practice by contributing to business development, identifying new opportunities, and fostering strong client relationships.
Your role will include contributing to a variety of impactful projects, such as:
- Delivering enterprise risk management strategies and frameworks across banking, insurance, and asset management, with a strong focus on non‑financial risks and emerging technologies.
- Leading risk identification and assessment activities to ensure inherent, emerging, and evolving risks are clearly understood and effectively managed.
- Developing risk strategy and governance mechanisms that support enterprise priorities, including risk policy frameworks, process transformation, and addressing practical challenges faced by financial services firms.
- Driving complex regulatory change initiatives by conducting gap analyses on new regulatory and compliance requirements and assessing their impact on risk strategy.
- Designing and implementing effective control frameworks and operating models, including capability mapping, governance structures, and organisation design across the Three Lines of Defence.
- Leading and assuring programme delivery, ensuring initiatives are executed to agreed scope, quality, timelines, and governance standards.
To be considered for this role:
- Proven experience in risk management within financial services, consulting, or a related field, with exposure to banking, insurance, or asset management.
- Proven experience in the design and implementation of enterprise risk management frameworks, covering non‑financial risk and emerging risk themes.
- Demonstrated ability to lead risk assessments, facilitate workshops, and translate complex risks into clear, actionable insights and activities.
- Ability to analyse and transform end‑to‑end risk management processes, systems and risk‑based tools.
- Strong experience leading and assuring programme delivery, ensuring all initiatives are delivered to agreed scope, quality standards, timelines and governance expectations.
- Experience delivering regulatory change initiatives, including interpreting new regulatory requirements and conducting impact or gap analyses.
- Strong knowledge of key regulatory frameworks relevant to financial services.
- Understanding of emerging risk tools, including AI‑enabled risk technologies used in risk transformation activities.
- Apply and promote recognised risk management standards and best practices.
- Leverage experience in IT general controls, IT governance frameworks to support alignment of technology and risk capabilities.
Our commitment: Wavestone values and Positive Way Elevate client satisfaction by impacting high-growth business across US, UK, and Europe. Shape culture, enhance value propositions, and foster business development. Nurture employee growth with Wavestone horizon career path, competitive compensation, transparent salary policy, tailored training, and internal mobility.
Benefits include a competitive salary and bonus scheme, income protection insurance, 5% company pension, private health and dental cover, life insurance, and additional flexible benefits.
Employees are not required to work in a Wavestone office on a full-time basis but are required to commute to the office/client site whenever necessary.
At Wavestone, we celebrate diversity and inclusion.
Risk Advisory Consulting Manager employer: Wavestone
Wavestone is an exceptional employer that prioritises employee growth and well-being, offering a vibrant work culture in the heart of London. With a commitment to professional development through tailored training and a transparent salary policy, employees are empowered to thrive in a collaborative environment. The company also provides competitive benefits, including a generous pension scheme, private health cover, and flexible working options, making it an attractive choice for those seeking meaningful and rewarding careers in risk advisory consulting.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Advisory Consulting Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching Wavestone’s projects and values. Show that you’re not just another candidate; demonstrate your passion for their mission and how you can contribute to their growth. Tailor your responses to reflect their focus on risk management and client relationships.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in risk management and how it aligns with Wavestone’s needs. The more comfortable you are discussing your skills, the better you'll perform in the real deal.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can go a long way. Reiterate your enthusiasm for the role and mention something specific from your conversation. It shows you’re genuinely interested and keeps you top of mind.
We think you need these skills to ace Risk Advisory Consulting Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Risk Advisory Consulting Manager role. Highlight your experience in risk management and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about risk advisory and how you can contribute to our team. Be genuine and let your personality come through – we love a good story!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've made an impact in previous roles, especially in financial services or consulting. Numbers and results speak volumes!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Wavestone
✨Know Your Risk Management Stuff
Make sure you brush up on your risk management knowledge, especially in financial services. Be ready to discuss frameworks like COSO and ISO 31000, and how you've applied them in past roles. This will show that you’re not just familiar with the theory but can also bring practical insights to the table.
✨Showcase Your Leadership Skills
As a Manager, you'll need to demonstrate your ability to lead teams and projects. Prepare examples of how you've successfully led risk assessments or facilitated workshops. Highlight your experience in delivering complex regulatory change initiatives and how you ensured all stakeholders were aligned.
✨Understand Wavestone's Values
Familiarise yourself with Wavestone’s culture and values. They focus on collaboration, growth, and making a positive impact. Think about how your personal values align with theirs and be ready to share specific examples of how you embody these traits in your work.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about their current projects, team dynamics, and future growth plans. This shows your genuine interest in the role and helps you assess if Wavestone is the right fit for you too.
