Title Outsourcing Risk Management Specialist

As an Outsourcing Risk Management Specialist at Capco, a Wipro company, you will play a vital role in identifying, assessing, and mitigating risks associated with outsourcing activities within the Technology & Operations team. Your strategic thinking, strong analytical skills, and collaborative approach will be essential in supporting the development and implementation of risk management strategies for regulated outsourcing activities. Key Responsibilities: - Develop and implement risk management strategies for regulated outsourcing activities. - Conduct thorough outsourcing and third-party risk assessments to identify potential risks in outsourcing contracts and relationships. - Monitor and evaluate the performance of outsourcing partners and third parties to ensure compliance with contractual obligations and risk management policies. - Collaborate with internal teams to develop risk mitigation plans and ensure their effective implementation. - Provide guidance and support to business units on best practices in outsourcing risk management. - Prepare and deliver risk management reports and other relevant updates to senior management. - Stay informed about industry trends and regulatory changes related to outsourcing risk management. Qualifications: - Bachelor's degree in a related field; advanced degree preferred. - Minimum of 5 years of experience in risk management, with a focus on outsourcing and third-party or supplier management. - Strong understanding of risk management principles and practices. - Excellent analytical and problem-solving skills. - Effective communication skills with stakeholders at all levels. - Proficiency in risk assessment tools and methodologies. - Strong organizational and project management abilities. Skills and Competencies: - Strategic thinking and decision-making skills. - Strong interpersonal and communication abilities. - Capability to work independently and collaboratively within a team. - Detail-oriented with a high level of accuracy. - Effective time management to handle multiple priorities and meet deadlines. Join us at Capco, where your expertise in outsourcing risk management will make a significant impact on our clients" business transformation journey. Be part of a diverse and inclusive culture that values creativity and innovation. Take charge of your career advancement with our supportive and growth-oriented environment.,