Risk Management Operations Risk Specialist

2 weeks ago

India People First Consultants Full time
Job Description:

People First Consultants is seeking an experienced Risk Management Operations Risk Specialist to join our team.

We are looking for a highly skilled professional who can oversee the risk acceptance process across the enterprise, ensuring risks are documented and accepted at the correct levels of the organization.

The ideal candidate will have at least 5 years of experience within financial services, preferably in banking, and a proven track record of undertaking analysis on complex regulatory change programmes.

The successful candidate will be responsible for:

  • Assisting business partners with completing risk assessments and ensuring the correct documentation is captured to support the risk assessment process.
  • Defining onboarding processes based on the type of vendor.
  • Planning and due diligence before finalizing a vendor contract/Third Party Management.
  • Regularly evaluating vendors based on compliance, competence, and timeliness.
  • Managing suppliers accountable for deliverables for risk management planks.
  • Conducting research on regional security concerns.
  • Working with the Threat Services team to create Operational Risk Assessments.
  • Providing research analysis and guidance on management operational and technical security requirements and solutions for business initiatives.
  • Assisting the CISO and Information Technology associates in defining security requirements for select vendors and systems.
  • Evaluating new and existing suppliers for appropriateness of security requirements and compliance against contractual requirements.
  • Providing an advisory role to IT and the Business to specify pragmatic security requirements.
  • Participating in Audits and helping remediate the findings.
  • Performing security product evaluations.
  • Reporting to senior management concerning residual risk vulnerabilities and other security exposures, including misuse of information assets and non-compliance.
  • Assisting in the development of security architecture, security policies, principles, and standards.
  • Providing SME support in the resolution of reported security incidents and providing leadership where required.
  • Maintaining an up-to-date understanding of the latest threats, vulnerabilities, mitigation, and industry best practices.
  • Developing Security awareness material and conducting Security awareness training.
  • The ability to draft policies, procedures, and processes if required.

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