IT Risk & Control Analyst

Job Summary

The IT Risk & Control Analyst will play a critical role in managing and mitigating IT risks within the organization, particularly in the banking sector. This position requires strong expertise in IT Risk Management, familiarity with the IT System Development Life Cycle (SDLC), and a solid understanding of information systems in banking. The analyst will contribute to maintaining the integrity, confidentiality, and availability of IT systems by ensuring compliance with regulatory requirements and internal controls. Effective communication, coordination, and analytical skills are essential to succeed in this role.

Responsibilities

• Manage and assess IT risks in alignment with organizational policies and regulatory requirements.
• Apply knowledge of the IT System Development Life Cycle (SDLC) to evaluate and control IT processes.
• Collaborate with cross-functional teams to ensure effective risk mitigation and control implementation.
• Utilize Microsoft Office suite for documentation, reporting, and analysis of IT risk and control activities.
• Support the use and administration of the Service NOW Governance, Risk, and Compliance (GRC) tool.
• Maintain confidentiality and integrity of sensitive information while adhering to compliance standards.

Qualifications

• Strong knowledge and practical exposure to IT Risk Management.
• Familiarity with IT System Development Life Cycle (SDLC) processes and methodologies.
• In-depth understanding of Information Systems within the Banking industry.
• Excellent English communication skills, both written and verbal.
• Strong interpersonal, coordination, and analytical skills.
• Proficient in Microsoft Office suite.
• Knowledge of Service NOW GRC tool is an advantage.
• Risk and Information Systems Control (RISC) certification preferred.
• Bachelor's Degree in Information Technology or equivalent qualification.

Preferred Skills

• Risk Management certifications such as ISO 31000 or ISACA CRISC.
• Prior experience in IT Risk Management roles within the Banking industry.
• Project Management skills.
• Familiarity with regulatory requirements, industry trends, and emerging technologies.
• Knowledge of data governance and data protection principles.
• High regard for confidentiality and integrity of all confidential information.

Experience

• 9 to 12 years of relevant experience in IT Risk Management, IT Audit, and/or IT Security.
• 10 to 15 years of experience preferred for candidates with a Bachelor's degree in Information Technology or equivalent.

Environment

• Work location: Chennai, India.
• Work mode: Hybrid.
• Must work from the client office in Chennai.
• Shift timings aligned with UK/India time zones.
• Willingness to work in rotational shifts if required.

Salary

• Compensation range: ₹28,00,000 to ₹32,00,000 per annum (INR).
• Offered salary for this role: ₹19,00,000 to ₹20,00,000 per annum (INR).

Additional Information

• Number of positions: 1.
• Joining timeframe: Immediate or within 15 days notice period.
• Work type: Full time.