Risk Advisory Senior Consultant

About Baringa

Baringa is a global consulting firm that partners with leaders to drive change and create value. With deep industry expertise, and enabled by advanced technology, the firm helps clients to deliver with greater confidence and certainty. With over 2,000 people across the UK, Europe, North America, Asia and Australia, the firm combines global insight with local understanding.

The firm works across energy and resources, financial services, government and public sector, consumer products and retail, pharmaceuticals and life sciences, manufacturing, and technology, media and telecoms, with capabilities spanning strategy, transformation and operational excellence – all powered by advanced technology, data, AI and digital innovation.

Clients value Baringa’s collaborative approach and the way its teams integrate seamlessly – all working with a shared understanding of what matters most. The firm is known for its kind, curious experts who listen closely and care deeply about client success as they help clients transform energy markets, modernise financial platforms, expand telecoms and digital networks through advanced data analytics, enable digital services in government, and unlock growth in consumer sectors.

Certified as a Great Place to Work around the world, Baringa has been recognised by the Financial Times in 22 categories of its UK Leading Management Consultants rankings, and by Forbes for four consecutive years as one of the World’s Best Management Consulting Firms.

Our Finance, Risk & Compliance practice is growing in Sofia and we are looking for experienced Risk Advisory professionals to join the team.

Our Finance, Risk & Compliance practice drives the strategic evolution of risk management for our financial services clients. We work collaboratively with our clients to deliver practical, tailored solutions to evolve compliance and risk management into future-focused, growth-driving capability. Our team in Sofia is growing, and we are looking for motivated and curious risk and controls professionals to join our global Risk Advisory team. We have a range of open roles based on your experience.

As a Risk Advisory Senior Consultant, you will:

Shape and structure workstreams in complex regulatory change programmes – mobilizing international teams, creating and tracking project plans and leading the delivery of workstreams to deliver tangible outcomes for clients

Perform gap analysis of current state against regulatory requirements and provide recommendations for improvement

Draft and deliver programme updates and status reports

Participate in shaping future-ready enterprise risk management framework, including drafting risk strategy, risk appetite statements and Key Risk Indicators, governance and reporting

Collaborate with stakeholders across the three lines of defense to align risk strategy with business goals, converting complex data into clear, actionable insights

Analyze and optimize processes and workflows in the risk and compliance functions to identify opportunities for optimization and automation

Apply traditional and emerging technologies to modernize risk management processes and risk culture

Your skills and experience

We are seeking motivated and curious professionals who want to develop their career in the field of risk management and consulting working with the leading financial institutions across the world. The Ideal candidates will have:

2-5 years of relevant experience in risk management, audit, compliance, or related functions within financial services or fintech companies

Minimum Bachelor’s degree in risk management, Business Administration, Economics, Information Technology or related field

Strong communication and analytical skills, with the ability to present risk insights clearly based on structured and unstructured data

Track record of building trusting relationships in an international environment

Practical experience with enterprise risk management frameworks such as COSO, COBIT, ISO 31000

Proficiency with data analytics and visualization tools (MS Excel, Power BI, Tableau)

Curiosity about latest technological developments and their application in risk management, process optimization and data-driven decision making

Excellent project management and prioritization skills

Working experience with AI tools or training AI Agents is a plus

Professional certifications in risk and controls management is a plus

Candidates should be comfortable with international travel, which may be required for up to 30% of the time. Candidates must be able to travel and work within the EU/UK.

What a career at Baringa will give you

Putting People First.

Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include:

Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service.

Flexible Working: We know that the ‘ideal’ work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave.

Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us.

Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We’ve introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice.

Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success.

Diversity and Inclusion

We are proud to be an Equal Opportunity Employer. We believe that creating an environment where everyone feels a sense of belonging is central to our culture and that diversity is paramount to driving creativity, innovation, and value for our clients and for our people.

An award-winning workplace

You can be a part of our ‘Great Place to Work’ – with our commitment to women and well-being in the workplace for all. Click here to see some of our recent awards and how we’ve achieved this.

Using business as a force for good.

We maintain high standards of environmental performance and transparency, which can be seen through our commitment to Net Zero with our SBTI-verified Scope 1, 2 and 3 emissions reduction targets and our support of the Better Business Act. We report our progress publicly and ensure that we are also externally assessed and scored through organisations like CDP and EcoVadis - helping us to continually identify where we can improve.

We have a long legacy of supporting the communities in which we work, and offer a variety of ways to contribute, by putting people first and creating impact that lasts. Our Corporate Social Responsibility (CSR) agenda is about giving back to the communities in which we live and work by sharing our skills, talent and time. In essence, we aim to empower and encourage everyone in the firm to contribute to the things we care about, and support registered charities and organisations with a clear social or environmental purpose to increase the positive impact they can have.

Join us

All applications received will be reviewed by a member of our Talent Acquisition team. We never rely solely on automated screening or AI tools to make hiring decisions. Your application will be considered for employment without r