Senior Risk Analyst

Wahed Invest; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Wahed Invest in Mumbai is seeking a Risk Management professional to enhance the risk assessment processes within a fintech environment. The ideal candidate must be a Chartered Accountant with 2-3 years of experience and strong English communication skills. You will work closely with different teams to monitor risks and implement effective controls.

This role involves typical risk management activities including incident monitoring and preparation of reports for risk committees, contributing to a more ethical financial system.

Qualifications

• 2-3 years of relevant experience.
• Knowledge of the interrelationships of 3 Lines of Defence.

Responsibilities

• Partner with first line to understand business risks.
• Perform regular risk assessments and test business controls.
• Monitor incident reporting and closure.
• Prepare accurate information for committee reporting.

Skills

Risk management principles

Strong written and verbal English communication skills

Education

Chartered Accountant

Tools

GRC tool

Job description

About Wahed

The global financial system wasn't built for everyone. For millions of people, its reliance on interest (riba) creates a barrier to managing money and building wealth without compromising their values.

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 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:

• Working in the second line of defence to partner with the first line to understand the business risks within the group.

• Develop a strong understanding of business and processes.

• Perform regular risk assessments as well as review, evaluate and test business controls.

• Assisting function owners in implementation of proposed controls.

• Perform independent testing of controls.

• Perform regular internal reviews of business functions / processes and provide recommendations and guidance on identified risks.

• Maintenance of requisite records on GRC tool.

• Other Risk Management supporting activities:

• Monitoring of incident reporting and closure.

• Tracking issues & remediation plans arising from audit/review findings, control gaps, and incidents.

• Preparation of complete, accurate, and timely information for risk committee reporting.

• Documentation, maintenance, and tracking of risk committee meeting minutes and action items.

Job Specification:

• Chartered Accountant or candidate with 2-3 years' of relevant experience

• Knowledge of risk management principles and the interrelationships of 3 LoDs.

• Prior experience working with a GRC tool is preferred.

• Willingness and ability to develop a deeper understanding of business processes.

• Strong written and verbal English communication skills.