Risk Mitigation Analyst

Role & responsibilities:

1. Understand branch processes and procedures

2. Identify and assess operational, financial, compliance, and fraud risk in business operations.

3. Develop and implement risk mitigation strategies, controls, and action plans.

4. Review exception reports, suspicious transactions, and control breaches.

5. Manage, track and follow up internal and statutory audits

6. Conduct periodic branch visits to assess and ensure adherence to internal & regulatory due diligence procedures

7. Compliance follow-up and discussions with supervisory team and branch officials.

8. Review supporting documents submitted and its adequacy

9. Coordinate with state heads to obtain action plans

10. Identify locations having recurring issues and report

Preferred candidate profile:

Educational Qualification:

• CA Semi- Qualified (Intermediate)/ Postgraduate with professional certification on risk management or related certification

Experience:

• 1 to 2 years of experience in Risk Management, Internal Audit, Compliance or Operational Risk within Banking, NBFC or Microfinance institutions.

Technical Skills:

• Strong proficiency in Microsoft Excel (Advanced Excel).
• Knowledge of risk assessment methodologies and internal control frameworks.
• Experience in audit tracking, compliance monitoring, and risk reporting.
• Exposure to MIS preparation and data analysis tools will be an added advantage.