Management Consultant - Non-Financial / Operational Risk

About this role

Non-Financial Risk (Enterprise Risk) Consultant – All Levels

Location: Glasgow & Edinburgh (Hybrid) | Practice Area: Finance, Risk, Regulatory & Financial Crime | Type: Permanent

Drive impactful change across enterprise risk, market abuse, and surveillance frameworks

The Role
Capco is looking for Management Consultants with expertise in Non-Financial Risk to join our growing FRRF capability. You’ll work on a variety of projects for leading financial institutions, delivering risk transformation and advisory services across enterprise and operational risk. Acting as a trusted advisor, you will help shape the future of risk frameworks, controls, governance, and surveillance capabilities.

What You’ll Do

• Support risk transformation projects across enterprise and operational risk functions

• Document, assess, and enhance risk processes and controls across the first and second lines

• Contribute to market abuse and trade surveillance initiatives, including reviewing controls and detection scenarios

• Support the application of AI and model tuning techniques to improve surveillance effectiveness and reduce false positives

• Engage stakeholders across functions and levels to ensure collaborative delivery

What We’re Looking For

• Experience in enterprise or operational risk, ideally within financial services

• Understanding of market abuse regulation and trade surveillance frameworks

• Awareness or experience of AI/ML applications in risk or surveillance environments, including model tuning concepts

• Practical knowledge of documenting end-to-end processes and identifying risk/control gaps

• Effective communicator with ability to engage stakeholders at all levels

Bonus Points For

• Experience in control testing, risk assurance, or remediation

• Exposure to surveillance tools (e.g., NICE Actimize, Nasdaq SMARTS, or similar)

• Ability to run workshops and drive stakeholder engagement

• Prior consultancy background in a risk-focused role

• Experience analysing frameworks to improve risk posture and control effectiveness

Why Join Capco

• Deliver high-impact technology solutions for Tier 1 financial institutions

• Work in a collaborative, flat, and entrepreneurial consulting culture

• Access continuous…