Managing Principal (Director) - Non-Financial Risk Specialist (Operational Risk - Enterprise Risk)

UK - Edinburgh; UK - London

Managing Principal – Non-Financial Risk Specialist (Operational Risk – Enterprise Risk) Location: London or Scotland (Hybrid) | Practice Area: Financial Crime, Risk, Regulation, Finance Transformation | Type: Permanent

Lead Meaningful Change in Enterprise and Operational Risk

The Role

Capco is seeking a Managing Principal with deep expertise in Non-Financial Risk to support the continued growth of our FRRF capability. You’ll lead impactful engagements with major financial institutions, delivering transformative advisory services across operational and enterprise risk. Acting as a strategic advisor, you’ll shape future-facing risk frameworks and help drive business growth through client development and market leadership.

What You’ll Do

• Lead and deliver risk transformation projects across enterprise and operational risk domains
• Assess and enhance risk processes and controls across the first and second lines of defence
• Interpret regulatory expectations and align client practices accordingly
• Engage and manage stakeholders across all organisational levels to drive collaborative outcomes
• Represent Capco in client-facing leadership roles and contribute to business development initiatives

What We’re Looking For

• Proven experience in operational or enterprise risk, ideally within financial services
• In-depth understanding of evolving risk regulations and compliance expectations
• Strong ability to document, assess and improve risk and control processes
• Excellent communication and stakeholder engagement skills across varied audiences
• Demonstrated experience leading or supporting change and transformation programmes

Bonus Points For

• Background in control testing, assurance or risk remediation
• Confidence in running workshops and facilitating stakeholder discussions
• Prior consulting experience in risk-focused roles
• Familiarity with drafting or reviewing risk policies and governance documents
• Experience evaluating and enhancing risk frameworks and control environments

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, e-learning—your growth, your way. A Business Coach is assigned from Day One to support 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. If you need adjustments at any stage, just let us know. We value every person’s perspective and contribution. Our #BeYourselfAtWork culture encourages individuality and collaboration in how we work with clients and colleagues every day.

Apply for this job

To apply, please visit Capco careers page. If you require any adjustments during the recruitment process, indicate this in your application. We do not publish or maintain the detailed form fields previously shown here.

Capco Job Candidate Privacy Notice Acknowledgement

Capco does not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. Participation in optional demographic data surveys is requested for tracking recruitment effectiveness.

I identify my ethnicity group as Select...

I identify my ethnicity sub group as Select...

By checking this box, I consent to Capco collecting, storing, and processing my responses to the demographic data surveys above.