Outsourcing Risk Management Specialist

Job Title: Outsourcing Risk Management Specialist

About Us

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

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.

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.

#BEYOURSELFATWORK

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

CAREER ADVANCEMENT

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

DIVERSITY & INCLUSION

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

MAKE AN IMPACT

Job Title: Outsourcing Risk Management Specialist

Location: Pune

Experience: 5 to 9 years

Job Summary: We are seeking a highly skilled and experienced Outsourcing Risk Management Specialist to join our Technology & Operations team. The ideal candidate will be responsible for identifying assessing and mitigating risks associated with outsourcing activities. This role requires a strategic thinker with strong analytical skills and the ability to collaborate effectively with various stakeholders.

Key Responsibilities:

• Support development and implementation of risk management strategies for regulated outsourcing activities.
• Conduct outsourcing and thrid party risk assessments and 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 extensively with internal teams to develop risk mitigation plans and ensure effective implementation.
• Provide guidance and support to business units on outsourcing risk management best practices.
• Prepare and present risk management and other reports to senior management.
• Stay updated on industry trends and regulatory changes related to outsourcing risk management.

Qualifications:

• Bachelors degree in 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 problemsolving skills.
• Ability to communicate effectively with stakeholders at all levels.
• Proficiency in risk assessment tools and methodologies.
• Strong organizational and project management skills.

Skills and Competencies:

• Strategic thinking and decisionmaking.
• Strong interpersonal and communication skills.
• Ability to work independently and as part of a team.
• Detailoriented with a high level of accuracy.
• Ability to manage multiple priorities and meet deadlines.