Risk Analyst

Capco

Bengaluru, India

On-site

Who this role is best for

Risk professionals with 9+ years of experience and process re-engineering expertise will find this role in the financial services domain.

Best fit for

Candidates with 9+ years of experience in risk management and process optimization
— “Years of Experience - 9 + years”
Individuals who have worked on transformation initiatives in financial services
— “We support 100+ clients across banking, financial and Energy sectors.”
Candidates experienced in evaluating and designing controls for operational and regulatory risks
— “Evaluate whether existing controls are necessary, effective, duplicated, overly manual, or no longer relevant.”

Things to consider

The role demands deep collaboration with cross-functional teams including Compliance and Internal Audit
— “Work with process owners, Operations, Technology, Compliance, Operational Risk, Internal Audit and other stakeholders”
Strong attention to detail is critical given the emphasis on documentation and evidence requirements
— “RCSA / risk-control mapping: Map redesigned process steps to risks, controls, control owners, frequencies, evidence, and relevant policies/regulatory obligations.”

How to stand out

Highlight experience in future-state control design and process re-engineering in your resume
— “Future-state control design: Define preventive/detective controls, automated controls...”
Emphasize your ability to rationalize and consolidate controls in your interview responses
— “Control rationalization: Identify redundant or overlapping controls...”
Demonstrate your understanding of mapping risks to controls and regulatory policies
— “RCSA / risk-control mapping: Map redesigned process steps to risks, controls, control owners...”
Showcase your track record in assessing risks from automation and transformation projects
— “Change-risk assessment: Assess risks introduced by automation, system changes...”

Pace · SteadyCollaboration · HighAutonomy · MediumDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

identifying and mitigating operational risks
designing future-state controls
implementing risk management frameworks

Typical background

risk management experience in financial services

Skills & requirements

Required

Risk AnalysisControls AssessmentProcess Re-engineeringRCSAChange-risk Assessment

Preferred

Regulatory ComplianceOperational Risk Management

About the role

Original posting from Capco via Greenhouse

About Us
“Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.
WHY JOIN CAPCO?
You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.
MAKE AN IMPACT
Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.
#BEYOURSELFATWORK
Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.
CAREER ADVANCEMENT
With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.
DIVERSITY & INCLUSION
We believe that diversity of people and perspective gives us a competitive advantage.
Role: Risk and Control SME
Location: Bangalore
Years of Experience - 9 + years
Key Responsibilities
Current-state assessment: Review existing end-to-end processes, risks, controls, hand-offs, approvals, manual interventions, exceptions, and pain points.
Risk identification: Identify operational, regulatory, conduct, fraud, data, technology, third-party, and financial risks affected by process changes.
Controls assessment: Evaluate whether existing controls are necessary, effective, duplicated, overly manual, or no longer relevant.
Process re-engineering: Challenge unnecessary approvals, reconciliations, hand-offs, and control steps while ensuring material risks remain appropriately mitigated.
Future-state control design: Define preventive/detective controls, automated controls, maker-checker arrangements, thresholds, exception handling, access controls, reconciliations, monitoring, and evidence requirements.
RCSA / risk-control mapping: Map redesigned process steps to risks, controls, control owners, frequencies, evidence, and relevant policies/regulatory obligations.
Control rationalization: Identify redundant or overlapping controls and opportunities to consolidate or automate them.
Change-risk assessment: Assess risks introduced by automation, system changes, centralization/offshoring, role changes, straight-through processing, AI, or other transformation initiatives.
Governance and challenge: Work with process owners, Operations, Technology, Compliance, Operational Risk, Internal Audit and other stakeholders to obtain appropriate challenge and sign-off.
Implementation assurance: Confirm that controls designed for the future state are implemented, documented, owned and testable before go-live.

Source: Capco careers (Greenhouse)