Business Analyst-Third Party Risk Management

Job Title: Business Analyst- Risk and Compliance

strong About Us

em “Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the strong British Bank Award em and has been ranked Top 100 Best Companies for Women in India 2022 by a strong Avtar and Seramount em. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.

strong WHY JOIN CAPCO?

You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.

strong MAKE AN IMPACT

Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.

strong em #BEYOURSELFATWORK

Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.

strong CAREER ADVANCEMENT

With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.

strong DIVERSITY and INCLUSION

We believe that diversity of people and perspective gives us a competitive advantage.

Key Responsibilities

Support TPRM Governance activities across policy, standards, metrics, and governance initiatives.
Collaborate with stakeholders across Risk, Operations, Technology, Product, and Governance functions to understand business requirements and regulatory expectations.
Translate business needs into clear, structured, and actionable requirements for delivery teams.
Review, design, and enhance governance processes, standards, and operating procedures.
Facilitate workshops and stakeholder discussions to gather requirements, identify gaps, and drive alignment.
Create and maintain key business analysis artefacts, including:
Problem statements and scope documents
Stakeholder maps
Workshop outputs and action trackers
Business and functional requirements
User stories and acceptance criteria
Requirements catalogues
Process documentation and governance materials

Document current-state (As-Is) and future-state (To-Be) processes and governance models.
Support the development of governance metrics, reporting frameworks, and control mechanisms.
Identify process inefficiencies, governance gaps, and operational risks, and recommend practical improvement solutions.
Partner with delivery teams to ensure requirements are traceable, prioritized, and aligned with programme objectives.

Required Skills and Experience

Strong Business Analysis experience within governance, risk, regulatory, or transformation programmes.
Solid understanding of Risk Governance frameworks and controls.
Proven ability to translate business requirements into structured documentation and delivery artefacts.
Experience facilitating workshops, stakeholder meetings, and requirements-gathering sessions.
Hands-on experience producing:
As-Is and To-Be process maps
User stories and acceptance criteria
Requirements catalogues
Stakeholder analysis documentation
Governance and process documentation

Strong analytical, documentation, communication, and stakeholder management skills.
Ability to work effectively across business, technology, and risk teams in complex environments.

Highly Advantageous

Experience in Third-Party Risk Management (TPRM).
Knowledge of Operational Risk, Governance, Risk and Compliance (GRC) frameworks.
Experience supporting financial services regulatory programmes.
Familiarity with policy and standards framework development.
Experience defining and supporting metrics, KPIs, and KRIs.
Experience working within large banking or regulated financial services organizations.

Personal Attributes

Strong stakeholder engagement and collaboration capabilities.
Well-organized, detail-oriented, and structured in approach.
Comfortable working in fast-paced and evolving programme environments.
Strong analytical thinking and problem-solving skills.
Ability to simplify complex governance concepts into practical, actionable outcomes.