Risk & Controls Analyst

Tata Consultancy Services; South Carolina; On-site; USD 68,000 - 80,000; Full time

Benefits offered by this job

Discretionary Annual Incentive

Comprehensive Medical Coverage

Family Support: Parental Leaves

Auto & Home Insurance

Commuter Benefits & Training Reimburse

Job summary

Tata Consultancy Services is seeking a Risk & Controls Analyst to support fraud operations, third‑party risk, regulatory compliance, and operational risk management within a financial services or fintech setting.

The role requires executing control assessments, identifying gaps, tracking issues to closure, and producing governance-ready reports for leadership and risk stakeholders. You will run SQL queries and collaborate with multiple teams to strengthen control effectiveness.

Qualifications

• 5+ years of risk and controls experience in financial services.
• Hands-on control testing, QA reviews, issue management, and remediation tracking.
• Knowledge of RESPA, Regulation B, ECOA, TRID, Regulation Z, AML, KYC, OFAC.
• Ability to translate data into technical requirements for data/tech teams.
• Strong communication and stakeholder management.

Responsibilities

• Execute control assessments, quality reviews, and compliance testing across fraud operations, consumer banking, mortgage, and third-party risk processes.
• Validate investigative processes, case documentation, analyst decisions, and operational procedures against internal policy, regulatory requirements, and governance standards.
• Identify control gaps, quality issues, regulatory exceptions, and operational risks; perform root cause analysis and recommend corrective actions.
• Track issues, exceptions, remediation plans, and management action plans through closure while monitoring aging, escalation needs, and audit readiness.
• Prepare monthly dashboards, executive reports, and governance updates summarizing control performance, exception trends, remediation status, and emerging fraud or compliance risks.

Skills

Risk & controls

Fraud operations

QA & testing

Data analysis

Regulatory knowledge

Education

Diploma

Tools

SQL

Job description

Job Description

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 55 years.

Job Description

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 55 years.

TCS offers consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

The Risk & Controls Analyst will support fraud operations, third-party risk, regulatory compliance, and operational risk management activities within a financial services or fintech environment. The role is responsible for executing control assessments, identifying control gaps, tracking issues and exceptions through closure, performing root cause analysis, and preparing governance-ready reporting for leadership and risk stakeholders.

Key Responsibilities

• Execute control assessments, quality reviews, and compliance testing across fraud operations, consumer banking, mortgage, and third-party risk processes.
• Validate investigative processes, case documentation, analyst decisions, and operational procedures against internal policy, regulatory requirements, and governance standards.
• Identify control gaps, quality issues, regulatory exceptions, and operational risks; perform root cause analysis and recommend corrective actions.
• Track issues, exceptions, remediation plans, and management action plans through closure while monitoring aging, escalation needs, and audit readiness.
• Conduct third-party and affiliate risk assessments, including inherent risk questionnaires, due diligence reviews, and vendor risk documentation.
• Prepare monthly dashboards, executive reports, and governance updates summarizing control performance, exception trends, remediation status, and emerging fraud or compliance risks.
• Run SQL queries and review data outputs to identify anomalies, control breaches, reporting gaps, and process improvement opportunities.
• Partner with Operations, Compliance, Risk, Legal, Technology, and business stakeholders to resolve findings and strengthen control effectiveness.
• Support SOP development, documentation updates, calibration sessions, analyst coaching, and continuous improvement initiatives.

Required Qualifications

• 5+ years of experience in risk, controls, fraud operations, quality assurance, compliance, mortgage/consumer lending, third-party risk, or financial services operations.
• Hands-on experience performing control testing, compliance reviews, QA reviews, issue management, remediation tracking, and root cause analysis.
• Working knowledge of financial services regulations and control expectations, including one or more of RESPA, Regulation B, ECOA, TRID, Regulation Z, AML, KYC, OFAC, or consumer protection requirements.
• Experience preparing management reporting, dashboards, exception tracking, and governance-ready documentation.
• Ability to analyze data, identify patterns and anomalies, and translate business or reporting requirements into clear technical requirements for data and technology teams.
• Strong communication, stakeholder management, documentation, and problem-solving skills.

TCS Employee Benefits Summary

• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.

Salary Range: $68,000 - $80,000 per year

Qualifications: Diploma