- Review processes and products of the Bank for availability of adequate automated controls, interim controls in-lieu of automation, and approve related Risk and Control Self-Assessment (RCSA); - Prepare process flow documents to record the processing of a activities. Enhance the repository at defined frequency. - Review User Requirement Document (URD), Business Requirement Document (BRD), Functional Specification Document (FSD) for review of IT controls to mitigate and enhance automated control. - Conduct user acceptance testing (UAT) to review adequacy of automated control. - Review flow of data for straight through processing of the transaction or a leg of transactions for adequacy of control and timeout response. - Perform thematic reviews of system controls. - Prepare user access matrix for new applications, enhance the same for existing application, and review all the matrix at a defined frequency. - Actively participate and contribute in RCSA exercise to build robust automated controls. - Prepare IT risk and control library for the Bank. - Participate in incident review discussion to evaluate root cause analysis, corrective action plan and preventive action plan. - Facilitate in enhancing KRI framework of the Bank by continuous review, inclusion/exclusion and discussion with concern stakeholders. - Create awareness across functions on risk and reporting of events

Chennai

Operation Risk Specialist - IT Controls - BFSI 

Job Description for Operation Risk Specialist - IT Controls - BFSI  in Alpha Orion in  Chennai for (11-15) years of experience. Apply Now!