Senior Risk Analyst

Wahed; Mumbai; On-site; INR 600,000 - 800,000; Full time

Job summary

Medium is seeking a skilled risk professional in Mumbai to support our Group Risk Manager. The role involves evaluating business controls, developing audit policies, and conducting regular risk reviews. The ideal candidate will have 2-4 years of relevant experience and a strong educational background in finance or IT.

This position offers the opportunity to contribute to our mission of building a new financial system while ensuring effective risk management strategies are in place.

Qualifications

• 2-4 years of experience in risk management, internal audits, or consulting.
• 1-2 years of exposure in business and technology risk domain.
• Ability to multi-task and manage time effectively.

Responsibilities

• Accountable to the Group Risk Manager and coordinate risk meetings.
• Review and evaluate business controls and recommend solutions.
• Develop and maintain internal audit policies according to best practices.

Skills

Risk management principles

Cyber Security

Analytical skills

Effective communication in English

Education

Graduate / inter CA

Degree in finance/information technology/computer information systems

Job description

About Wahed

At Wahed, we're changing that. We are a global fintech company on a mission to build a new financial system—one that is ethical, accessible, and entirely interest-free. From our offices across the globe, our team is building products that were once deemed impossible, from pioneering Shariah-compliant equity ETFs, creating true riba-free alternatives to high yield savings accounts, to creating no-leverage real estate investments for truly interest-free income producing assets. If you're driven to solve complex problems and believe finance should empower, not exclude, join us in building a more equitable financial future.

Job Description

• Accountable directly to the Group Risk Manager.
• Working in the second line of defence to partner with the first line to understand the business and technology risks within the group.
• To assist in creating reports, summaries, presentations and process documents for the Group Risk team.
• Review, evaluate and test Business controls as well as ITGC (IT- General controls) and ITAC (IT application controls) failures in the areas of access management, change management, Business continuity and Disaster Recovery and recommending appropriate solutions.
• Prepare BCP policies and share with the Business and Technology team.
• Coordinate for risk meetings at Group and country level.
• Perform independent testing (business and technology) and support external agencies for their requirements.
• Perform regular risk reviews and provide recommendations and guidance on identified security and control risks.
• Track open audit observations and follow-up for closure.
• Develop a strong understanding of business and system processes.
• Develop, implement, and maintain internal audit policies and procedures in accordance with local and international best practice.
• Ensure complete, accurate and timely audit information is reported to Management and/or Risk Committees.
• Develop systems and processes for gathering and storing data for future analytic projects.
• Keep abreast of the latest security, privacy, and regulatory concerns and best practices impacting third party risk management.

Job Specification

• Knowledge of risk management principles and the interrelationships of 3LoD.
• Enthusiastic about business, technology and Cyber Security including tracking industry trends.
• A graduate / inter CA with 2-4 years of experience in risk, internal audits and consulting.
• A degree in finance /information technology/computer information systems or related.
• Exposure of around 1-2 years in business and technology risk domain.
• Clear understanding of audit methodologies.
• Ability to multi-task, prioritize, and manage time effectively.
• Ability to deliver high-quality work under deadlines.
• Able to work with minimal supervision.
• Analytical and can work with data.
• Able to plan and adapt quickly to changes in priorities.
• Discretion and confidentiality is essential.
• A strong command of the English language both written and verbal.