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 IT System Development Life Cycle (SDLC) processes, and the ability to coordinate effectively within teams. The analyst will contribute to ensuring compliance with regulatory requirements and maintaining the integrity and confidentiality of information systems.

Responsibilities

• Assess and manage IT risks in alignment with organizational policies and regulatory standards.
• Collaborate with cross-functional teams to ensure adherence to IT System Development Life Cycle (SDLC) methodologies.
• Conduct risk analysis and control assessments related to banking information systems.
• Utilize Microsoft Office tools to document and report risk findings and mitigation plans.
• Coordinate with stakeholders to implement risk management strategies and controls.
• Support the use and administration of Service NOW Governance, Risk, and Compliance (GRC) tool, if applicable.

Qualifications

• Strong knowledge and practical experience in IT Risk Management.
• Familiarity with IT System Development Life Cycle (SDLC) processes and methodologies.
• Understanding of Information Systems within the Banking industry.
• Excellent English communication skills, both written and verbal.
• Proven team player with strong coordination and interpersonal skills.
• Strong analytical capabilities.
• Proficient in Microsoft Office suite.
• RISC (Risk and Information Systems Control) certification preferred.
• Bachelor’s Degree in Information Technology or equivalent qualification.
• 9 to 12 years of relevant experience in IT Risk Management, IT Audit, and/or IT Security.

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.
• High regard for confidentiality and integrity of sensitive information.
• Familiarity with regulatory requirements, industry trends, and emerging technologies.
• Knowledge of data governance and data protection principles.
• Experience with Service NOW GRC tool is an advantage.

Experience

• 9 to 12 years of relevant experience in IT Risk Management, IT Audit, or IT Security.
• Experience working in the banking sector is preferred.

Environment

• Work location: Chennai, India.
• Work mode: Hybrid, with the requirement to work from the client office in Chennai.
• Shift timings aligned with UK/India time zones; willingness to work in rotational shifts if required.
• Immediate joining or within 15 days notice period.

Salary

• Compensation range: ₹28,00,000 to ₹32,00,000 per annum (INR).

Work Type

• Full-time position.

Number of Positions

• 1 position available.