Operational Risk & Controls Analyst (BFSI)

Job Title: Operational Risk & Controls Analyst
Location: Goregaon, Mumbai
Work Mode: Hybrid
Experience: 12 Years
Shift: Rotational Shift
Joining: Immediate Joiners Only

Job Overview

We are looking for an Operational Risk & Controls Analyst to support the implementation and monitoring of operational risk and internal control activities across banking operations.

The role will involve performing control assessments, identifying control gaps and non-compliance, tracking remediation actions, supporting audit findings, and coordinating with Operations, Risk, Compliance, and other stakeholders.

Key Responsibilities

• Perform assigned operational controls as per defined SLAs and control requirements.
• Conduct periodic control assessments across various processes.
• Identify and report control gaps, exceptions, and non-compliance.
• Track corrective and remediation actions until closure.
• Monitor operational incidents and ensure appropriate follow-up.
• Coordinate and track internal/external audit findings and recommendations.
• Prepare and maintain control and risk-related reports.
• Support monitoring of the overall control environment and highlight key risk areas.
• Coordinate with Operations, Risk, Compliance, and other business stakeholders.
• Work closely with second-line risk and control teams.
• Ensure procedures and group control requirements are implemented appropriately.
• Identify opportunities for process improvement and automation.
• Maintain accurate documentation of controls, findings, incidents, and remediation activities.
• Support risk awareness and continuous improvement initiatives.

Required Skills

• 1–2 years of experience in Operational Risk, Operational Controls, Business Controls, Internal Controls, Risk & Control, or Banking Operations.
• Understanding of operational risk and control frameworks.
• Experience in control testing, control assessment, or compliance monitoring.
• Exposure to audit findings, issue tracking, and remediation.
• Good understanding of banking/financial services processes.
• Knowledge of Transaction Banking, Cash Management, Trade Finance, Supply Chain Finance, or Capital Markets is an advantage.