Risk Analyst

Job Title: Risk Analyst Experience: 10+ years Location: Chennai Domain: Banking Notice Period: Immediate Job Description Operating Model & Process Design Support design and implementation of the T&O TPRM utility model Define and document e2e TPRM lifecycle workflows (onboarding, due diligence, risk assessment, approval, monitoring, renewal, exit) Embed a risk-based approach aligned to regulatory expectations (eg : FRA, SMR, Outsourcing guidelines) Workflow and Journey Documentation Document domain-specific processes across risk areas (Information Security, Data/Privacy, ICS, Business Resilience, Cloud Governance etc.) Develop L4/L5 Process maps, control points and decision gates Drive standardization and simplification, removing duplication across domains. OneTPRM / ProcessUnity Enablement Translate business requirements into functional specifications and workflows Define: Workflow states and approval paths Data models (risk tiering, vendor attributes) Control assessment structures. Support configuration, UAT and implementation in the platform. Stakeholder and Dependency Management Engage across T&O, Risk, Procurement, Legal, Business and Contract management stakeholders. Facilitate workshops to gather requirements and align on target state. Analyze cross-functional dependencies and process conflicts. Governance & Continuous Improvement Support definition of SLAs, KPIs and KRIs for T&O TPRM Utility Identify control gaps, inefficiencies, and improvement opportunities. Contribute to ongoing optimization of TPRM processes and tooling. Key Skills & Experience Min 10 years of experience as a BA / Process Analyst Required experience in TPRM; Or secondarily in Vendor Risk / GRC frameworks / Governance Experience in banking / financial services preferred.

Proven experience in process design, workflow documentation and transformation initiatives Familiarity with FRA, SMR MAS TRM /outsourcing guidelines is an advantage. Experience (good to have) with GRC Tools (ServiceNow, ProcessUnity, Archer etc.) Core Competencies Structured analytical thinking and Problem-solving Strong stakeholder engagement and communication Ability to operate in transformation environment. Balance between risk control and business efficiency.