Finance, Risk & Compliance

Joining Capco means joining an organisation that is committed to an inclusive working environment where you’re encouraged to #BeYourselfAtWork. We celebrate individuality and recognize that diversity and inclusion, in all forms, is critical to success. It’s important to us that we recruit and develop as diverse a range of talent as we can. We believe that everyone brings something different to the table – so we’d love to know what makes you different. Such differences may mean we need to make changes to our process to allow you the best possible platform to succeed, and we are happy to cater to any reasonable adjustments you may require. You will find the section to let us know of these at the bottom of your application form or you can mention it directly to your recruiter at any stage and they will be happy to help. ABOUT CAPCO Capco is a global business, data and technology consultancy, focused on the Financial Services sector. We are passionate about helping our clients succeed in an ever-changing industry. We are: • Experts in capital markets, banking and payments, insurance and wealth and asset management • Deep knowledge in financial services offering, including e.g. Finance, Risk and Compliance, Financial Crime, Resilience etc. • Committed to growing our business and hiring the best talent to help us get there • Focus on maintaining our nimble, agile and entrepreneurial culture ROLE DESCRIPTION We are looking to recruit financial risk transformation candidates into our growing Financial Crime, Risk, Regulation and Finance (FRRF) capability. Successful candidates will be involved in on regulatory capital and Credit RWA models and tools, with emphasis on Basel III Endgame implementation, RWA calculations, and related model risk management activities. The role is suited for candidates with strong quantitative, regulatory capital, and programming skills, as well as the ability to challenge methodologies and communicate findings clearly to technical and senior stakeholders. Conduct independent review and validation of regulatory capital, Credit RWA, and Basel III Endgame models and tools, including methodologies supporting SA-CCR, securitization, IMM, CVA, and standardized or IRB calculations. Assess model implementation and technology controls, including Python, SQL, R, Alteryx, Excel VBA, data lineage, reconciliation, data-quality validation, and UAT review activities. Review regulatory capital rule interpretation and model alignment with Basel III / Basel III Endgame, CRR / PRA requirements, SA-CCR, FRTB, CCAR, ICAAP, IFRS 9 / CECL, and related regulatory expectations. Advising on risk frameworks and controls, and delivering transformation across the Risk functions of our clients, in support of their Chief Risk Officers (CRO). This includes implementation of regulatory changes (e.g. Basel, IFRS9, BCBS-239, FTRB), delivery of data to support IRB and VaR modelling, and automation of risk controls, control gap assessment and control implementation. The types of projects we cover are: • Our clients are predominantly within Financial Services and look for support in delivering solutions to improve risk management practices and control frameworks. This may include Risk Assessments, Target Operating Model design and implementation, Risk Rating Methodologies and Models, Gap Analysis, data and reporting • Gap analysis and implementation of regulatory changes and remediation of identified issues • Identification and implementation of technology and data solutions to support credit, market, liquidity, and capital risk management processes. • As a Risk Management SME at Capco, you may be required to communicate risk policies and processes for an organisation, develop risk models involving market, credit, liquidity, capital and/or operational risk, ensure controls are operating effectively, and provide research and analytical support. • You will also be encouraged to support Capco in client account planning, business development and relationship building / networking within the FRRF capability and Capco Domains. This may include contributions to Capco’s Risk Management thought leadership and client campaigns. SKILLS AND EXPERTISE The ideal candidate will have the following skills and experience and will be able to perform the following activities: • Good knowledge of regulatory requirements around Basel, FRTB, IFRS9, BCBS-239 etc with specific focus on credit, market, liquidity and capital risks. • Experience analysing, defining solutions and implementing regulatory change, including remediation of gaps • Ability to evaluate the client’s current risk management processes (e.g. analyse potential impacts of key current and emerging risks, trends, reports, statistics, and relevant documentation) • Define and implement risk management process improvements and track benefit realisation • Experience analysing controls and conducting structured control testing – including design of control frameworks for financial risk management • Facilitate risk conversations between different departments within organisations (e.g. client-facing businesses, credit risk, operational risk, legal, IT, finance, and operations teams) This will be coupled with strong change management experience and prior success, either as a management consultant or within a change role in a financial services institution. • This role allows you to deliver as part of a long-term strategic partnership with our clients, whilst developing within a forward thinking and entrepreneurial business. • Supporting our clients to achieve compliance with regulatory obligations, including dealing with remediation and response to regulatory reviews. • Designing solutions, delivering on client assignments and owning delivery of projects. • Ensuring management information is provided to, and easily understood by, programme leads, senior management and client committees. • Defining and managing monitoring processes for fin