Monitoring – Risk and Compliance – Principal

Infosys•Richardson, TX

About The Position

Position : Second line of defense (2LOD) SME focused on CRAs, compliance testing and monitoring Role : Senior Consultant Location : Richardson, TX Are you passionate about transforming how financial institutions execute the 2LOD function? Do you thrive at the intersection of compliance, technology, and data-driven insights? At Infosys Consulting, we’re looking for professionals who bring expertise in various areas of 2LOD, focused on RCSAs, CRAs, compliance testing and compliance monitoring areas—along with a keen interest in leveraging data, automation, and AI to modernize risk and compliance. If this excites you, let’s talk! About the Role As a Senior Consultant , you will lead and manage delivery of engagements, being responsible for quality, budget and staffing, working closely with senior client managers. You will contribute to the firm’s development by guiding and mentoring teams and sharing knowledge. You will be recognized as an expert in your respective domain and contribute to advancing Infosys Consulting’s thought leadership in the industry. We are seeking an experienced professional with deep expertise in Second Line of Defense (2LOD) functions within financial services. The role combines strategic business insight with risk governance expertise, providing independent oversight and guidance to first-line functions. The successful candidate will ensure robust risk management, regulatory compliance, and control effectiveness, with hands-on experience in CRAs, compliance monitoring, and compliance testing Role expects you to Play a lead role in delivery of large change programs, which includes IT and Business Change Lead and manage a team of consultants to develop concise and practical strategies, roadmap and/or re-engineering program recommendations with a clear implementation path Seek out client input in a structured manner to better understand needs and develop ideas for how to meet those needs On client engagements, provide independent oversight and credible challenge to first-line activities across operational, regulatory, and conduct risks Design, lead or support Control Risk Assessments (CRAs), including assessment, analysis, and remediation oversight Assist clients in designing and conducting compliance monitoring programs to ensure adherence to internal policies and regulatory requirements Design and execute compliance testing and control effectiveness reviews, identifying gaps and recommending corrective actions Conduct interviews / workshops / walkthroughs with subject matter experts and process owners to elicit and document requirements to identify, assess, and monitor key risks, ensuring alignment with enterprise risk appetite Design, review, assess, programs for risk and control self-assessments (RCSAs), KRIs, and control frameworks Advise senior management on emerging risks, control gaps, and regulatory developments Collaborate with audit, compliance, and enterprise risk teams to maintain a cohesive 3LOD model Assist in standing up initiatives for risk culture, training, and awareness programs across the organization Support the design and continuous improvement of risk frameworks, governance structures, and policies Direct teams of global consulting, IT professionals & subject matter experts in establishing comprehensive business and functional requirements, then translating those requirements into actionable project initiatives with associated metrics Play a key liaison and coordinator between the business, IT, senior management, vendor teams and other members of the change programs Collaborate with client functions (Business, first line of defense, Compliance Risk Management and Regulatory Affairs) to assess impact of a specific regulation on existing policies, risks and controls Collaborate with cross-functional teams across the client organization and Infosys on regulatory change programs and initiatives Manage end-to-end project execution, stakeholder communication and minimize engagement risk by proactively identifying issues and recommending courses of remediation Practice Development Provide insights on new and emerging technologies, best practices and contribute to the development of service offerings Work with other practice members to support Infosys Consulting thought leadership activities and develop innovative assets, including differentiated points of view and methodologies Build social networks that enable knowledge and information flow and stay abreast of developments in 2LOD areas Prepare thought papers and participate in industry conferences and forums Contribute to practice growth and vitality through roles such as recruitment, training and retention People Management Coach and develop junior team members to deliver quality results and promote professional development Participate in and contribute to practice training activities Business Development Lead small, medium sized sales pursuits and business development activities ranging from creation of client proposals to formulating commercial constructs / contracts Develop and build relationships at senior management and CXO levels Formulate and present Infosys Consulting propositions and service offerings

Requirements

5-7 years of experience in risk management, compliance, or control functions within financial services
Strong understanding of Second Line of Defense roles, including oversight, governance, challenge, and policy enforcement
Hands-on experience with CRAs, compliance monitoring, and compliance testing
Proven ability to engage with business leaders, influencing risk-taking behavior while maintaining commercial perspective
Knowledge of regulatory frameworks (e.g., OCC, PRA, MAS, SEC, or local equivalents) and ability to interpret requirements for business application
Experience in designing, implementing, and improving risk and control frameworks
Strong analytical, reporting, and communication skills to present risk insights to senior stakeholders
Bachelor’s degree or foreign equivalent; or three years of relevant work experience in lieu of every year of education
Demonstrated ability in defining, mobilizing and delivering complex change programs in large organizations
Strong background of leading teams, comprising both IT and business specialists
A demonstrable ability to turn business requirements into technology solutions with the commercial acumen to create supporting business cases
Excellent presentation and facilitation skills with ability to build relationships at senior management and CXO levels
Successful business development history including exposure to each of the various aspects of a typical sales cycle
All candidates must be willing and able to travel up to 100%, depending on client requirements.
Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply.
Infosys is unable to provide immigration sponsorship for this role at this time
The job entails sitting as well as working at a computer for extended periods of time.
Should be able to communicate by telephone, email or face to face.
Travel may be required as per the job requirements.

Nice To Haves

MBA or equivalent advanced degree
Experience of leading programs where stakeholder engagement is a key requisite to achieving successful program/project delivery
Proven ability to deliver under tight deadlines and challenging constraints
Ability to collaborate within the firm and leverage existing resources
Demonstrate thought leadership, ability to conceptualize and drive new solution / service offerings and take them to market
Ability and willingness to work as part of a cross-cultural team including flexibility to support multiple time zones when necessary

Responsibilities

Play a lead role in delivery of large change programs, which includes IT and Business Change
Lead and manage a team of consultants to develop concise and practical strategies, roadmap and/or re-engineering program recommendations with a clear implementation path
Seek out client input in a structured manner to better understand needs and develop ideas for how to meet those needs
On client engagements, provide independent oversight and credible challenge to first-line activities across operational, regulatory, and conduct risks
Design, lead or support Control Risk Assessments (CRAs), including assessment, analysis, and remediation oversight
Assist clients in designing and conducting compliance monitoring programs to ensure adherence to internal policies and regulatory requirements
Design and execute compliance testing and control effectiveness reviews, identifying gaps and recommending corrective actions
Conduct interviews / workshops / walkthroughs with subject matter experts and process owners to elicit and document requirements to identify, assess, and monitor key risks, ensuring alignment with enterprise risk appetite
Design, review, assess, programs for risk and control self-assessments (RCSAs), KRIs, and control frameworks
Advise senior management on emerging risks, control gaps, and regulatory developments
Collaborate with audit, compliance, and enterprise risk teams to maintain a cohesive 3LOD model
Assist in standing up initiatives for risk culture, training, and awareness programs across the organization
Support the design and continuous improvement of risk frameworks, governance structures, and policies
Direct teams of global consulting, IT professionals & subject matter experts in establishing comprehensive business and functional requirements, then translating those requirements into actionable project initiatives with associated metrics
Play a key liaison and coordinator between the business, IT, senior management, vendor teams and other members of the change programs
Collaborate with client functions (Business, first line of defense, Compliance Risk Management and Regulatory Affairs) to assess impact of a specific regulation on existing policies, risks and controls
Collaborate with cross-functional teams across the client organization and Infosys on regulatory change programs and initiatives
Manage end-to-end project execution, stakeholder communication and minimize engagement risk by proactively identifying issues and recommending courses of remediation
Provide insights on new and emerging technologies, best practices and contribute to the development of service offerings
Work with other practice members to support Infosys Consulting thought leadership activities and develop innovative assets, including differentiated points of view and methodologies
Build social networks that enable knowledge and information flow and stay abreast of developments in 2LOD areas
Prepare thought papers and participate in industry conferences and forums
Contribute to practice growth and vitality through roles such as recruitment, training and retention
Coach and develop junior team members to deliver quality results and promote professional development
Participate in and contribute to practice training activities
Lead small, medium sized sales pursuits and business development activities ranging from creation of client proposals to formulating commercial constructs / contracts
Develop and build relationships at senior management and CXO levels
Formulate and present Infosys Consulting propositions and service offerings