Risk Analyst

Overview

Risk and Control SME role focused on assessing and redesigning end-to-end processes and controls to ensure material risks remain mitigated during transformation.

What you'll do

• Review existing end-to-end processes, risks, controls, hand-offs, approvals, manual interventions, exceptions, and pain points for current-state assessment.
• Identify operational, regulatory, conduct, fraud, data, technology, third-party, and financial risks affected by process changes.
• Evaluate whether existing controls are necessary, effective, duplicated, overly manual, or no longer relevant.
• Challenge unnecessary approvals, reconciliations, hand-offs, and control steps while ensuring material risks remain appropriately mitigated.
• Define preventive/detective controls, automated controls, maker-checker arrangements, thresholds, exception handling, access controls, reconciliations, monitoring, and evidence requirements for the future state.
• Map redesigned process steps to risks, controls, control owners, frequencies, evidence, and relevant policies/regulatory obligations (RCSA / risk-control mapping).
• Identify redundant or overlapping controls and opportunities to consolidate or automate them.
• Assess risks introduced by automation, system changes, centralization/offshoring, role changes, straight-through processing, AI, or other transformation initiatives.
• Work with process owners, Operations, Technology, Compliance, Operational Risk, Internal Audit and other stakeholders to obtain appropriate challenge and sign-off.
• Confirm that controls designed for the future state are implemented, documented, owned and testable before go-live.

What you'll need

• 9+ years of experience (as stated in the posting).

Details

• Location: Bangalore.