Senior Operational Risk Consultant
Rate: Up to 700/day
Contract Length: Initial 6 months
Location: Milton Keynes (2 days per week)
A regulated financial services organisation is going through significant transformation multiple programmes running in parallel, risk maturity still developing, and a CRO who needs a credible 2nd line voice alongside them.
The role is hands-on. You'll work across operations, technology, and data teams rather than sitting in a policy function, and you'll be expected to bring structure quickly.
What you'll be doing
Leading 2nd line Operational Risk oversight across transformation and technology-driven change
Strengthening operational resilience and disruption risk profiles in line with PRA SS1/21
Supporting ORSA scenario work, including design and stress-testing
Embedding risk and governance controls across change programmes, infrastructure transitions, and digital services
Driving BCP and resilience maturity, and establishing clear first-line ownership
Providing oversight across data governance, GDPR, DPIA activity, and critical third-party dependencies
Acting as a risk partner to infrastructure, data, and transformation stakeholdersWho this suits
You're currently in a 2nd line Operational Risk role in financial services. You have direct experience with PRA frameworks SS1/21, ORSA, operational resilience and you understand how transformation changes the risk picture, not just the risk register. You think in end-to-end processes, you're comfortable in organisations where maturity is still evolving, and you're known for being practical rather than theoretical.
Background in programme management, IT leadership, or transformation before moving into risk would stand out. So would experience in Tier 2 regulated firms or with critical third-party risk frameworks