Risk and Regulation Advisory Consultant

Overview

In this role you will support financial services firms with risk and regulatory challenges, shaping governance and risk management practices. You will work across banking and insurance sectors, including reviews and independent assurance, often in collaboration with Boards and Regulators. You will engage on regulatory change and the evolving risk landscape, including AI-enabled risk management and Skilled Person reviews. This is a growth role in a forward-looking team that partners with clients to deliver impactful risk solutions.

Pay / Benefits

• Private healthcare
• 25 days annual leave (plus bonus half day on Christmas Eve)
• Generous pension scheme
• Community and charity initiatives
• Annual performance-based bonus
• PA share ownership

Responsibilities

• Lead complex risk and regulatory projects in financial services
• Develop and nurture client relationships to grow engagements
• Manage requirements, timelines, and data availability with minimal guidance
• Identify opportunities on assignments and support sales within capability
• Deliver independent assurance, governance, and regulatory reviews (e.g., S166 Skilled Person reviews)
• Design, embed, and assess risk management frameworks and risk reporting
• Support the governance structures and 2LOD risk function design and effectiveness
• Collaborate with cross-functional teams to shape risk culture and remediation plans

Key requirements

• Strong track record delivering complex projects in financial services
• In-depth experience of enterprise risk management in regulated FS
• Understanding of the three lines of defence model and 2LOD governance
• Experience conducting independent risk, governance and controls reviews
• Knowledge of risk management frameworks, KRIs, risk reporting and MI
• FCA/PRA regulatory expectations for governance, risk, controls, and oversight
• Awareness of regulatory changes and emerging risks in financial services
• Expertise in one or more risk areas (e.g., enterprise, operational, conduct, prudential, technology risk)

• Client relationship development
• Ability to lead projects with limited guidance
• Adaptability to changing requirements
• Enterprise risk management
• 2LOD governance and risk functions
• Independent risk, governance and controls reviews

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