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
Skills Required
- 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
- 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
What the Team is Saying
Capco Compensation & Benefits Highlights
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Healthcare Strength — Health, dental, and vision coverage in the U.S. are characterized as strong, with good coverage and favorable costs. Mental health resources and broader wellbeing programs are also emphasized as part of a comprehensive package.
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Leave & Time Off Breadth — PTO and paid holidays are described as generous, with multiple mentions of strong vacation allowances. While client work can affect usage, the underlying entitlement is presented as solid.
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Parental & Family Support — Company materials highlight enhanced family-friendly policies, including substantial maternity and paternity leave. Flexibility and return-to-work support reinforce a family-oriented approach.
Capco Insights
What We Do
Capco, a Wipro company, is a global management and technology consultancy specializing in driving transformation in the energy and financial services industries. Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting edge ingenuity is brought to life through its award-winning Be Yourself At Work culture and diverse talent. TRUSTED ADVISORS - Our collaborative and entrepreneurial approach position us as trusted long-term partners to our clients. DEEP EXPERTISE - Clients look to us for clear guidance, proven expertise, and the support they need to set their companies up for success. DISRUPTIVE SOLUTIONS- We do not provide off -the-shelf answers to clients’ challenges. Instead, we work in close collaboration to understand the issues, and craft disruptive, bespoke solutions. ACCOUNTABILITY AND OWNERSHIP - We recognize every client has distinct needs and expectations, and we take ownership and accountability for the solutions we design, build, and deliver.
Why Work With Us
We support and encourage an inclusive culture, entrepreneurial outlook and independent thinking. Capco is not about organizational charts and rigid hierarchies – we want all employees to feel that Capco is their firm to own and run. We believe diversity powers innovation. Be Yourself At Work (#BYAW) is an integral and underlying part of our culture
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Capco Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
