Business Analyst - Third Party Risk Management

Business Analyst-Third Party Risk Management Job Title: Business Analyst- Risk and Compliance 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 across banking, financial and Energy sectors. We are recognized for our deep transformation execution 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. 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 & 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 & 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. Experience Level Senior Level