Lead Risk Analyst - Operational Risk and Controls Testing

Ameriprise Financial India Pvt Ltd; Dadri; Hybrid; INR 1,800,000 - 2,800,000; Full time

Job summary

Ameriprise India LLP is seeking a Lead Risk Analyst to strengthen the First Line Risk framework through Process Confirmation, RCSA, Control Testing, and Access Governance. The role partners with business leaders, technology teams, and control functions to ensure processes remain current, controls are effective, and regulatory obligations are met.

The incumbent will drive governance reporting, manage risk data, and collaborate with Audit and Compliance teams to support examinations and

Qualifications

• Master’s degree or equivalent in a relevant field.
• 5–7 years of experience in Operational Risk, Controls Testing, Audit, Governance, Compliance, or Risk Management.
• Strong expertise in RCSA, operational risk frameworks, and control testing.
• Hands-on experience with Workiva, MetricStream, or similar GRC platforms.
• Experience in user access governance, SoD reviews, entitlement reviews, and access certifications.
• Strong analytical, problem-solving, and stakeholder management skills.

Responsibilities

• Lead Process Confirmation & Governance reviews; ensure procedures reflect current practices and regulatory requirements.
• Support RCSA activities, design tests, and evaluate control effectiveness; track remediation.
• Act as Environment Owner for designated applications; manage access governance and SoD compliance.
• Coordinate responses to internal audits and regulatory reviews with evidence and status updates.
• Prepare risk reports and dashboards for senior leadership; support governance meetings.

Skills

RCSA experience

Operational risk framework

Control testing

Stakeholder management

Excel

PowerPoint

Visio

SoD reviews

Access governance

Risk data management

Education

Master’s Degree or equivalent

Tools

Workiva

MetricStream

SQL

Access

IAM platforms

Job description

Lead Risk Analyst

About Our Company Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Job Description

The role is responsible for strengthening the First Line Risk framework through Process Confirmation, RCSA & Control Testing, Access Governance, and Audit/Regulatory Support. The individual will partner with business leaders, process owners, technology teams, and control functions to ensure processes remain current, controls are effective, access risks are appropriately managed, and regulatory obligations are met.

Key Responsibilities

• Process Confirmation & Governance (30%) Lead periodic process confirmation reviews with Process Owners and SMEs. Ensure procedures accurately reflect current operating practices and regulatory requirements. Conduct process walkthroughs, identify gaps, and drive remediation. Maintain process inventories, procedure libraries, and governance metrics. Challenge stakeholders where procedures are outdated, incomplete, or inconsistent with actual practices. Facilitate process review workshops and support governance reporting.


• RCSA & Control Testing (30%) Assist First Line Risk team with RCSA activities and operational risk assessments. Perform Test of Design (TOD) and Test of Operating Effectiveness (TOE). Develop testing scripts and evaluate control effectiveness. Track remediation of control deficiencies and testing observations. Support risk assessments, deep dives, and thematic reviews. Manage risk data within Workiva, MetricStream, or similar GRC platforms.


• Access Governance & Environment Ownership (30%) Act as Environment Owner for designated BCS applications. Review and approve user access requests ensuring compliance with Segregation of Duties (SoD) requirements. Review conflicting access, orphan accounts, entitlement changes, and user transfers. Manage access governance activities through AVESKA and related tools. Perform UAT/UTA testing and role mapping reviews. Drive remediation of access violations and control gaps. Partner with Technology, Security, Compliance, and Audit teams on access-related matters.


• Audit & Examination Support (10%) Coordinate responses to internal audits, regulatory exams, and assurance reviews. Gather and validate audit evidence and testing documentation. Track findings, corrective actions, and remediation activities. Prepare management reporting and examination status updates.


• Governance & Leadership Prepare risk reports, dashboards, trend analyses, and presentations for senior leadership. Support Business Control Meetings and Support Business Control Meetings and other bank governance activities. Influence stakeholders and promote a strong risk and control culture. Serve as a subject matter expert on process governance, control testing, and access management.

Required Qualifications

• Master’s Degree or equivalent experience.


• 5–7 years of experience in Operational Risk, Controls Testing, Audit, Governance, Compliance, or Risk Management.


• Strong expertise in RCSA, operational risk frameworks, and control testing.


• Hands‑on experience with Workiva, MetricStream, or similar GRC platforms.


• Experience managing user access governance, SoD reviews, entitlement reviews, and access certifications.


• Strong analytical, problem-solving, and stakeholder management skills.


• Excellent written and verbal communication skills.


• Advanced proficiency in Excel, PowerPoint, and Visio.

Preferred Qualifications

• Professional certifications such as CRMA or equivalent.


• Experience with AVESKA and Identity & Access Management (IAM) platforms.


• Banking or Financial Services risk management experience.


• Knowledge of SOX, ISAE, Operational Resilience, and Regulatory Compliance programs.


• Experience with SQL, Access databases, or Risk Analytics tools.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders.

Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in‑office time or different in‑office expectations, and specific requirements will be discussed during the hiring process.

Full-time Timings (2:00p-10:30p)

India Business Unit AWMPO AWMP&S President's Office

Job Family Group Enterprise Risk Management

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Experience Level Senior Level