Interim Product Risk & Compliance Consultant

Interim Product Risk & Compliance Consultant

Direct message the job poster from Map Room

Interim Product Risk & Compliance Consultant – Current Accounts & Overdrafts

Location: London / Hybrid

Contract: Short-term (3–6 months)

Business Area: First Line of Defence – Product Risk & Governance

Start Date: ASAP

About the Role - Map Room is supporting a customer to identify experienced Product Risk consultants within a Retail Banking setting. We are specifically looking for knowledge across current account and overdraft products.

Key Responsibilities

• Partner with existing teams to review and improve customer journeys, with a focus on current accounts and overdrafts.
• Assess and help resolve issues from regulatory risks to product features and design.
• Recommend and implement remedial actions, working cross-functionally with Product, Risk, Legal, Compliance, and Operations teams.
• Ensure appropriate documentation, controls, and reporting are in place and aligned to regulatory expectations (e.g., Consumer Duty, BCOBS, affordability rules).
• Produce high-quality materials suitable for senior management, governance forums, and audit/review.
• Help embed an enhanced first-line risk culture within the product organisation.

About You

• Strong understanding of UK retail banking products—especially current accounts, overdrafts, and deposits.
• Proven experience working in a first-line risk, product governance, or regulatory change role in a banking environment.
• Knowledge of UK regulatory requirements, including FCA, PRA, and Consumer Duty principles.
• Experience improving customer journeys in line with compliance and conduct risk expectations.
• Excellent documentation, communication, and stakeholder management skills.
• Able to work at pace in a growing, innovative financial institution.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Contract

Job function

• Job function

  Finance, Consulting, and Product Management

• Industries

  Business Consulting and Services and Banking

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