Financial Risk Transformation Principal Consultant (Senior Manager)
Location: London (Hybrid) | Practice Area: Finance, Risk, Regulatory & Financial Crime | Type: Permanent
Lead complex risk transformation across financial services at scale
The Role
Capco is seeking a Financial Risk Transformation Principal Consultant to join our growing FRRF capability. In this role, you will lead strategic client engagements, advise senior stakeholders including Chief Risk Officers, and drive transformation across risk functions. You will play a key role in shaping large-scale programmes spanning liquidity, credit, market, and model risk, with opportunities to incorporate AI and automation into modern risk frameworks. What You’ll Do
Lead end-to-end delivery of complex risk transformation programmes across liquidity, credit, market, and model risk
Advise senior stakeholders on regulatory frameworks including Basel, IFRS9, and BCBS-239, translating requirements into actionable strategies
Drive the design and implementation of enhanced risk controls, operating models, and data-driven reporting solutions
Identify opportunities to leverage AI and automation to improve risk processes and decision-making
Contribute to business development, client relationship growth, and internal capability building
What We’re Looking For
Extensive experience in financial risk transformation within financial services
Deep expertise across liquidity risk, credit risk, market risk, and model risk
Strong knowledge of regulatory frameworks such as Basel, IFRS9, and BCBS-239
Experience leading large-scale programmes, including stakeholder engagement at senior levels
Ability to translate complex risk challenges into practical, deliverable solutions
Bonus Points For
Experience applying AI or automation in risk transformation or reporting environments
Track record in proposition development and contributing to sales or go-to-market strategies
Experience with data architecture, risk systems, or model implementation
Leadership experience including mentoring and developing team members
Experience working across cross-functional teams including technology, finance, and compliance
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
Family Care: 8 complimentary backup care sessions for emergency childcare or elder care
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: workshops, certifications, and e-learning, plus a dedicated Business Coach from Day One
Healthcare Access: Convenient online GP services
Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance
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, brand-aligned job postings. AI is also used to support interview scheduling. 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 vacancy within our organisation. This position is open as part of our ongoing business needs, and we are actively reviewing applications to identify a candidate who can make a meaningful 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. #LI-KA1
