At a glance
- Experience
- 9+ years experience
- Location
- India - Bengaluru · India
About Capco
- “Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.
About the role
- The Risk and Control SME will conduct current-state assessments and design future-state control frameworks for financial services clients.
- This role involves re-engineering processes to optimize control environments while ensuring operational, regulatory, and financial risks are mitigated.
Responsibilities
- Review existing end-to-end processes, risks, controls, hand-offs, and manual interventions.
- Identify operational, regulatory, conduct, fraud, data, technology, third-party, and financial risks.
- Evaluate the necessity and effectiveness of existing controls.
- Challenge unnecessary approvals and reconciliations while maintaining risk mitigation.
- Define future-state controls including automated, preventive, detective, and access controls.
- Map redesigned process steps to risks, control owners, and regulatory obligations.
- Identify and rationalize redundant or overlapping controls.
- Assess risks introduced by automation, AI, and other transformation initiatives.
- Collaborate with stakeholders in Operations, Technology, Compliance, and Internal Audit.
- Confirm that future-state controls are documented, owned, and testable before implementation.
Skills
- Risk Assessment
- Control Design
- Process Re-engineering
- RCSA
- Control Rationalization
