Deliver enterprise and operational risk transformation and advisory services for financial institutions. Assess and enhance risk processes, controls, governance, market abuse frameworks, and trade surveillance capabilities. Support AI-enabled analysis, surveillance model tuning, workflow automation, validation, auditability, and responsible AI practices. Collaborate with business, technology, compliance, and risk stakeholders to identify control gaps and implement data-driven improvements.
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 Finance, Risk, Regulatory & Financial Crime (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'll help shape the future of risk frameworks, controls, governance, and surveillance capabilities. You'll also embrace AI-enabled ways of working, using approved AI tools to enhance analysis, improve delivery efficiency, and support better decision-making while applying appropriate human judgement and responsible AI practices.
What You'll Do
- Support enterprise and operational risk transformation projects, leveraging AI-enabled analysis where appropriate to improve delivery, insight, and operational effectiveness.
- Document, assess, and enhance risk processes and controls across the first and second lines of defence, identifying opportunities for automation and AI-enabled workflow improvements.
- Contribute to market abuse and trade surveillance initiatives by reviewing controls, detection scenarios, and the responsible application of AI to improve surveillance effectiveness and reduce false positives.
- Support AI model tuning and optimisation activities within surveillance environments, ensuring appropriate governance, validation, auditability, and human oversight.
- Engage stakeholders across business, technology, compliance, and risk functions to deliver collaborative, data-driven transformation initiatives.
What We're Looking For
- Experience in enterprise or operational risk, ideally within financial services or management consulting.
- Strong understanding of market abuse regulation and trade surveillance frameworks.
- Awareness or practical experience of AI and machine learning applications within risk or surveillance environments, including model tuning concepts and responsible AI practices.
- Experience documenting end-to-end processes, identifying risk and control gaps, and using approved AI tools to support analysis where appropriate.
- Excellent communication and stakeholder management skills with the ability to explain complex concepts clearly across business and technology teams.
Bonus Points For
- Experience in control testing, risk assurance, or remediation.
- Exposure to surveillance platforms such as NICE Actimize, Nasdaq SMARTS, or similar technologies.
- Experience applying AI-enabled analytics, automation, or model optimisation within enterprise risk or surveillance environments.
- Ability to facilitate workshops and build strong stakeholder engagement.
- Previous consulting experience within a risk-focused role or experience improving enterprise risk frameworks and control effectiveness.
Why Join Capco
- Deliver high-impact transformation programmes for Tier 1 financial institutions.
- Work in a collaborative, flat, and entrepreneurial consulting culture.
- Access continuous learning, industry certifications, and structured career development.
- Help shape the future of enterprise risk, market surveillance, and operational resilience.
- Be part of a team delivering meaningful change across financial services.
Benefits
- 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: Eight complimentary backup care sessions for emergency childcare or elder care.
- Holiday Flexibility: Five 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. Take your pick—workshops, certifications, e-learning—your growth, your way. Business Coach assigned from Day One to help accelerate your development.
- Healthcare Access: Convenient online GP services.
- Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance.
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
Capco Edinburgh, Scotland Office
The Eagle Building, 19 Rose St., Edinburgh, United Kingdom, EH2 2PR
Similar Jobs at Capco
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
Lead business analysis and project delivery for trade and transaction reporting transformation across global regulatory regimes. Translate obligations into requirements, use cases, testing scenarios, and control frameworks. Partner with compliance, operations, technology teams, and vendors on implementation, data lineage, reconciliation, exception management, remediation, and governance across regimes including EMIR Refit, MiFIR, SFTR, CFTC, and MAS.
Top Skills:
ConfluenceDtccJIRAKaizenSteeleyeUnavista
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
Advise financial services and energy clients on operational resilience, cyber risk, technology risk, and third-party risk. Deliver resilience assessments, scenario testing, control implementations, regulatory readiness for PRA and DORA, cyber posture reviews, vendor resilience assessments, governance models, dashboards, reporting, and tooling transformations. Support regulatory change, control remediation, and multidisciplinary stakeholder engagement, with senior candidates also mentoring teams and developing propositions.
Top Skills:
Cloud SecurityIbsItol
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
Deliver finance transformation consulting engagements for financial institutions, including finance operating model design, process optimisation, technology implementation, automation, AI-enabled workflows, data-driven reporting, project governance, risk management, stakeholder communication, and business development. Build trusted client relationships and support measurable improvements across finance functions while applying responsible AI practices.
Top Skills:
Accounting EnginesAIErpRpaSubledger Systems
What you need to know about the Edinburgh Tech Scene
From traditional pubs and centuries-old universities to sleek shopping malls and glass-paneled office buildings, Edinburgh's architecture reflects its unique blend of history and modernity. But the fusion of past and future isn't just visible in its buildings; it's also shaping the city's economy. Named the United Kingdom's leading technology ecosystem outside of London, Edinburgh plays host to major global companies like Apple and Adobe, as well as a growing number of innovative startups in fields like cybersecurity, finance and healthcare.
