Risk Compliance and Governance Analyst

Role Purpose

The purpose of the role is to analyse security requirements and design security solutions towards

protecting organization's security assets.

Do

Analyse Risk and Compliance assurance to protect sensitive information

Identify Risk and compliance issues at all levels as per the updates

Analyse common compliance frameworks and ensure policies, processes and standards are in place

Perform quarterly audit, sample testing and report risks

Communicate assurance findings to the clients in a timely manner

Monitor remediation on assurance findings and ensure closure of all open points

Ensure all required controls are implemented, documented and monitored so as to ensure full audit compliance.

Coordinate with IT team members to ensure IT audit findings are addressed in a timely manner.

Provide timely and accurate reporting and documentation to management on all key parameters as needed.

Perform annual SOC preparedness audit to ensure that system set up are secure and maintain privacy of customer data

Suggest corrective measures to cyber security issues and provide timely support and future recommendations

Stakeholder Interaction

Stakeholder Type

Stakeholder Identification

Purpose of Interaction

Internal

CRS practice team

Reporting and updates

IT team

To understand IT systems and audit

Internal Legal Team

For discussing legal Practices

External

Customer

Data analysis and reporting

Display

Lists the competencies required to perform this role effectively:

• Functional Competencies/ Skill
  • Domain/Industry Knowledge - Awareness and knowledge of Corporate IT Security ~ Contractual IT Governance & Compliance ~ Data Protection ~ Privacy ~ IT General Controls ~ Internal & External IT - Expert
  • Leveraging Technology - In-depth knowledge of and mastery over ecosystem technology that commands expert authority respect - Master
  • Technical knowledge - Complete understanding of risk and compliance audits((ISO27001, SOX, HIPAA, GLBA, PCI DSS, SSAE16 etc.) - Expert

Competency Levels

Foundation

Knowledgeable about the competency requirements. Demonstrates (in parts) frequently with minimal support and guidance.

Competent

Consistently demonstrates the full range of the competency without guidance. Extends the competency to difficult and unknown situations as well.

Expert

Applies the competency in all situations and is serves as a guide to others as well.

Master

Coaches others and builds organizational capability in the competency area. Serves as a key resource for that competency and is recognised within the entire organization.

• Behavioural Competencies
  • Strategic perspective
  • Technology Acumen
  • Communication and Presentation Skills
  • Problem Solving approach
  • Managing Complexity
  • Client centricity

Deliver

No.

Performance Parameter

Measure

1.

Adherence to established risk and compliance framework

% deviation from audit, release audit scores, closure on audit points, cyber health of the organization, audit timelines

2.

Disaster recovery

Number of risks identified and mitigated, Timely communication to the client

GRC Process