Risk & Compliance Project Manager
London
An experienced Risk & Compliance Project Manager is required to support a large-scale risk and controls transformation programme within a leading global insurance organisation. Working as a consultant, you will play a key role in delivering a multi-phase transformation focused on strengthening enterprise risk management, enhancing internal controls, and embedding sustainable governance practices across the business.
This role sits within the Transformation Office and will provide hands-on programme and project management across a complex portfolio of risk, compliance, and operational resilience initiatives.
The Role
You will provide day-to-day project management and governance oversight for a major Risk & Controls Operating Model programme, working closely with senior stakeholders, delivery partners, and third-party vendors. The role requires strong coordination across multiple workstreams, ensuring plans, RAID logs, dependencies, and governance outputs are managed effectively and are decision-ready for executive stakeholders.
Alongside the core programme, you will support governance and delivery across related transformation initiatives including compliance transformation, privacy, and capital modelling.
Key Responsibilities
- Manage delivery governance for a large-scale Risk & Controls Operating Model transformation
- Coordinate programme plans, RAID management, dependencies, and stakeholder reporting
- Provide oversight and challenge to third-party vendors and implementation partners
- Support the design and development of a scalable Target Operating Model (TOM)
- Contribute to the enhancement of Enterprise Risk Management Frameworks (ERMF) and Risk Registers
- Support risk and controls analysis, documentation structures, and operational Risk Appetite Frameworks
- Drive controls library assessments, framework enhancements, and controls optimisation activities
- Support GRC technology and data management strategy initiatives, including vendor selection and RFP processes
- Assist in the development of programme governance and business planning for future transformation phases
- Ensure delivery outputs meet agreed quality standards and are aligned to regulatory and governance expectations
Required Experience
- Proven experience delivering risk, compliance, or controls transformation programmes
- Strong project and programme management capability within financial services or insurance
- Experience working with risk and controls frameworks, governance models, or regulatory change initiatives
- Strong stakeholder management skills across business, technology, and vendor teams
- Experience managing programme governance, RAID logs, dependencies, and executive reporting
- Familiarity with enterprise risk management, internal controls, or GRC tooling initiatives
- Ability to operate in complex, fast-paced transformation environments
- Experience within the insurance or London Market sector
- Knowledge of COSO principles or operational risk frameworks
- Exposure to TOM design, compliance transformation, or data governance initiatives
- Experience supporting vendor selection or RFP processes for GRC technologies