Interim Risk & Controls Consultant

Cedar • TRAFFIC • London, Not Specified, United Kingdom • £550 - £750 / * • 22h ago

Cedar is currently partnered with a PE-backed fintech to secure an Interim Risk & Controls Consultant. The role is a 6-month contract, paying a day rate between £550-£750 per day, Outside IR35. An immediate start is preferred.

The CompanyThis City of London-based fintech is entering a critical phase of operational and controls enhancement, with a particular focus on strengthening its payments infrastructure and embedding sustainable risk frameworks. With significant private equity backing and rapid growth ambitions, the business is seeking to enhance its resilience and regulatory readiness across core functions.

The RoleThe Interim Risk & Controls Consultant will play a key role in diagnosing control gaps within the payments function, redesigning critical processes, and embedding new operational frameworks. This is a hands-on delivery role with end-to-end accountability for control assessment, redesign, and implementation.

Key responsibilities include:

Conducting a comprehensive review of current payment processes, procedures, and risk controls
Mapping end-to-end workflows and identifying key control and fraud risk points
Redesigning control mechanisms to align with regulatory expectations and operational needs
Delivering prioritised recommendations to strengthen controls and reduce manual effort
Leading implementation of control changes, engaging stakeholders across Risk, Ops, Tech, and Compliance
Building and executing control testing plans to validate effectiveness of new processes
Producing high-quality documentation and reporting to support governance and assurance activity

Your ProfileThe ideal candidate will have:

Deep understanding of Faster Payments or similar high-velocity payment services
Proven experience in operational risk assessment, control design, and remediation delivery
Strong background in process mapping and internal controls evaluation
Familiarity with FCA and PSR regulatory requirements relating to payment risk and fraud
Excellent cross-functional stakeholder engagement and governance reporting skills
Prior experience in fintech, challenger banking, or digital payments environments is desirable
Exposure to audit, 2nd line risk, or consultancy roles with controls remediation scope is advantageous

Compensation & BenefitsThis is an opportunity to lead a critical risk controls programme in a fast-paced, PE-backed fintech environment. The £550-£750 per day rate (Outside IR35) reflects the seniority of the role and the need for proven delivery capability in complex operational settings.

The business operates a hybrid model, with 2-3 days per week in their City of London office. This is a fast-moving, outcome-focused environment where practical experience and control rigour are highly valued.

Related Jobs

Technical Solution Architect

Syntax Consultancy • APPLICATION • London, Not Specified, United Kingdom • 2h ago

Architect Outside IR35

Technical Solution Architect 3 Month Contract London (Hybrid) £360/day (Outside IR35) Technical Solution Architect needed for a 3 Month Contract in West London (Hybrid). Start ASAP in July/August 2025. Working with a glo...

2h ago

Apply

Senior Frontend Engineer - Futter - Remote

Korn Ferry • APPLICATION • London, Not Specified, United Kingdom • £450 / * • 10h ago

Engineer Outside IR35

Location: Remote Type: Contract - 6 months Day Rate: Up to £450/day (Outside IR35) We're looking for a Senior Flutter Engineer to join a dynamic team building modern, scalable digital products for the banking and commerc...

10h ago

Apply

Senior Backend Engineer - Golang

Korn Ferry • APPLICATION • London, Not Specified, United Kingdom • £500 / * • 10h ago

Engineer Outside IR35

Location: London Type: Contract - 6 months (highly extendable) Day Rate: Up to £550/day (Outside IR35) We are seeking a highly experienced Senior Backend Engineer with deep expertise in Golang to support the development...

10h ago

Apply

SAP ECC6.0 Functional Consultant

ARM (Advanced Resource Managers) • APPLICATION • London, Not Specified, United Kingdom • 11h ago

Outside IR35

SAP ECC6.0 Functional Consultant 6 months Remote/London £Negotiable - OUTSIDE IR35 We are seeking a skilled SAP ECC6.0 Functional Consultant with expertise in Quality Management (QM) and Production Planning (PP) modules...

11h ago

Apply

Service Designer - UX

IO Associates • TRAFFIC • London, Not Specified, United Kingdom • 13h ago

Outside IR35

Service Designer - UX up to £650/day (Outside IR35) London - On-site (5 days/week) We're looking for a Service Designer with strong UX experience to support a major Defence programme . This role is ideal for someone conf...

13h ago

Apply

PMO Analyst - Retail Banking

G MASS • TRAFFIC • London, Not Specified, United Kingdom • 13h ago

Outside IR35

We're supporting a major UK retail bank as they undergo a series of transformation initiatives across their current account and overdraft products. As part of this change, they're hiring a Project Management Office (PMO)...

13h ago

Apply

Business Analyst

Lorien • TRAFFIC • London, Not Specified, United Kingdom • 13h ago

Business Analyst Outside IR35

BUSINESS ANALYST (Power Trading) - OUTSIDE IR35 Exciting opportunity for someone with good knowledge of Power Trading and Business Analysis to work as a Power Trading Business Analyst for a leading Energy Trading firm in...

13h ago

Apply

Senior Design Manager

Randstad Cpe London • TRAFFIC • London, Not Specified, United Kingdom • 1d ago

Outside IR35

Job Opportunity: Senior Design Manager - Nationwide Location: Epsom / London / Manchester / Leeds / Glasgow (National) Hours per week: 40 Pay Rate: £68 per hour About the Role: A leading recruitment agency is partnering...

1d ago

Apply

Salesforce Business Analyst

Resource on Demand • TRAFFIC • London, Not Specified, United Kingdom • 1d ago

Business Analyst Outside IR35

We often fill jobs before they're advertised, get an email as soon as we get a new job matching your search criteria. This job posting was marked by employer as filled and is probably no longer available Are you a Salesf...

1d ago

Apply

Senior Insight Analyst

Salt Digital Recruitment • TRAFFIC • London, Not Specified, United Kingdom • 1d ago

Outside IR35

SALT is looking for an experienced social-listening and digital-insights specialist who can manage a global team of 8 freelance analysts and deliver insight projects end-to-end at pace. You'll be the single point of acco...

1d ago

Apply