Enterprise Risk Analyst

Invoicemart; Thane; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Invoicemart in Thane, India is seeking an experienced Risk Management professional to lead risk identification, assessment, and mitigation across departments, ensuring robust internal controls and regulatory compliance.

The role also covers third-party risk, policy development, early warning systems, monitoring, and reporting to senior management with hands-on ORM testing and business continuity activities.

Qualifications

• Identify and evaluate risks across multiple departments.
• Develop risk assessment frameworks and methodologies.
• Conduct regular risk assessments and reviews to identify potential risks.
• Develop and implement risk mitigation strategies and action plans.
• Coordinate with teams to address risk issues and implement corrective measures.
• Monitor risk indicators and report to senior management.
• Ensure compliance with regulatory requirements and internal controls.
• Coordinate third-party risk assessments and information security evidence.

Responsibilities

• Identify and evaluate risks across various departments.
• Develop risk assessment frameworks and methodologies.
• Conduct regular risk assessments and reviews to identify potential risks.
• Develop and implement risk mitigation strategies and action plans.
• Ensure policies are aligned with regulatory standards.
• Track early warning signals and present to management.
• Monitor risk indicators and prepare risk reports.
• Manage third-party risk and collect security evidence.

Skills

Risk Identification

Risk Assessment

Risk Mitigation

Monitoring

Reporting

Third-Party Risk

Policy Development

Early Warning System

System Testing

Regulatory Compliance

Job description

Roles & Responsibilities:

• Risk Identification and Assessment:
  • Identify and evaluate risks across various departments.
  • Develop risk assessment frameworks and methodologies.
  • Conduct regular risk assessments and reviews to identify potential risks.
• Risk Mitigation:
  • Develop and implement risk mitigation strategies and action plans.
  • Ensure the implementation of risk controls and compliance with regulatory requirements.
  • Coordinate with different teams to address risk issues and implement corrective measures.
• Monitoring and Reporting:
  • Monitor operational risk indicators and metrics.
  • Prepare and present risk reports to senior management.
  • Manage regular Risk meetings with senior Stakeholders and review RCSAs and KRIs.
• Third Party Risk Management:
  • Manage third parties, third-party contacts, external risk assessments and issues.
  • Identify potential risks associated with third-party interactions, such as cybersecurity vulnerabilities, non-compliance with regulations, operational inefficiencies, or financial instability.
  • Gather information security controls evidence from third parties.
• Policy Development:
  • Assist in the development and updating of risk policies and procedures.
  • Ensure policies are aligned with regulatory standards and industry best practices.
• Early Warning System:
  • Track EWS and present to the management.
  • Analyze signals for probable default on the platform.
  • Analyse credit ability of the corporates basis financials and market news.
• System Testing:
  • Conduct UAT for ORM development and implementation.
  • Maintain and oversee business continuity management program including appropriate testing.
  • BRD review and approval for change in processes or product.
• Regulatory Compliance:
  • Ensure compliance with local and international regulatory requirements.
  • Liaise with regulatory bodies and ensure timely submission of required reports.