Risk Management Business Analyst

3 weeks ago


Pune, Maharashtra, India Cognizant Technology Solutions Full time

Work Location: Chennai/Hyderabad/Kolkata

We are seeking an experienced business analyst with a strong background in Risk Management & Operational Risk domain to join our team. The ideal candidate will possess deep knowledge of the banking sector, particularly in Risk Management & Operational Risk, and will be skilled in implementing IT solutions that enhance these functions.

Key Responsibilities:

  • Provide expert Business & IT consulting services to clients in the areas of corporate and transaction banking.
  • Understand client requirements and business processes to deliver tailored IT solutions that address specific needs in corporate and transaction banking.
  • Lead and manage projects related to core banking transformations, digital banking solutions, trade finance, cash management, lending, liquidity management, payment systems, and other transaction banking technologies.
  • Analyze current banking processes and systems, identify areas for improvement, and recommend technology-driven solutions.
  • Collaborate with technical teams to ensure that IT solutions align with client objectives and regulatory requirements.
  • Conduct workshops and training sessions for clients to facilitate the adoption of new technologies and systems.
  • Build and maintain strong client relationships, ensuring high levels of satisfaction and repeat business.
  • Stay up to date with emerging trends in banking technology, FinTech innovations, and regulatory changes.

Qualifications:

  • Operational risk experience in Banking & Financial Services is a must
  • 5+ years' experience in a similar function, preferably in the Financial Industry
  • Strong critical thinking and risk management skills
  • Relationship Management skills and the ability to effectively negotiate outcomes
  • Strong time-management and organizational skills to manage multiple deadlines and priorities within a highly demanding environment
  • Detail-oriented with the ability to follow up on items or determine appropriate steps for timely resolution
  • Excellent project management and leadership skills.
  • Exceptional analytical, problem-solving, and communication skills.
  • Ability to work effectively in a team and independently in a fast-paced, dynamic environment.


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