Manager, IT Risk Analyst

Job Description

About The Role Based in Hyderabad, join a global healthcare biopharma company and be part of a 130- year legacy of success backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare. Be part of an organisation driven by digital technology and data-backed approaches that support a diversified portfolio of prescription medicines, vaccines, and animal health products. Drive innovation and execution excellence. Be a part of a team with passion for using data, analytics, and insights to drive decision-making, and which creates custom software, allowing us to tackle some of the world's greatest health threats. Our Technology Centers focus on creating a space where teams can come together to deliver business solutions that save and improve lives. An integral part of our companys IT operating model, Tech Centers are globally distributed locations where each IT division has employees to enable our digital transformation journey and drive business outcomes. These locations, in addition to the other sites, are essential to supporting our business and strategy. A focused group of leaders in each Tech Center helps to ensure we can manage and improve each location, from investing in growth, success, and well-being of our people, to making sure colleagues from each IT division feel a sense of belonging to managing critical emergencies. And together, we must leverage the strength of our team to collaborate globally to optimize connections and share best practices across the Tech Centers. Role Overview The IT Risk Analyst is responsible for independently identifying, assessing, and mitigating IT risks. This role requires a deeper understanding of risk management frameworks and methodologies. The IT Risk Analyst will conduct thorough risk assessments, implement risk mitigation strategies, and collaborates with other departments to ensure compliance with company policies and regulatory requirements. You will collaborate closely with business and IT stakeholders, ensuring that risk assessment transaction are comprehensive, timely, and compliant with organizational standards and best practices. What will you do in this role: Identify potential risks across various areas such as financial, operational, strategic, and compliance risks. Conduct risk assessments and analyses to evaluate the likelihood and impact of identified risks. Analyze data and trends to understand the nature and extent of risks. Use quantitative and qualitative methods to measure and prioritize risks. Develop strategies and action plans to mitigate or manage identified risks. Implement risk control measures and monitor their effectiveness. Prepare detailed reports and presentations on risk assessments and mitigation strategies. Communicate findings and recommendations to senior management and stakeholders. Ensure that the organization complies with relevant regulations and industry standards. Conduct audits and reviews to ensure adherence to risk management policies and procedures. Stay up-to-date with industry trends and best practices in risk management. Continuously review and improve risk management processes and frameworks. What should you have: Bachelors degree in Information Technology, Computer Science or any Technology stream. 3+ years of hands-on experience in IT risk assessments, vendor management, and regulatory compliance. In-depth knowledge of risk assessment frameworks and methodologies. Strong analytical skills to assess and interpret complex data. Ability to identify trends, patterns, and potential risks. Excellent verbal and written communication skills to convey risk findings and recommendations. Ability to present complex information to non-technical stakeholders clearly. Strong problem-solving skills to develop effective risk mitigation strategies. Proactive approach to identifying and addressing potential risks. Meticulous attention to detail to ensure accurate risk assessments and reporting. Understanding of relevant regulations and compliance standards. Ability to manage risk-related projects and coordinate with various teams. Strong organizational skills to handle multiple tasks and priorities effectively.