Risk and Compliance Analyst at Inovalon
Inovalon · Gurugram, Haryana, India
- Salary: ₹6–₹9 LPA
- Experience: 2+ years
📋 Job Details at a Glance 📍 Location Gurugram, Haryana, India 🏢 Company Inovalon 👥 Experience 2+ years 🎓 Qualification Bachelor’s Degree preferred 📅 Eligible Batch 2023, 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary ₹6–₹9 LPA 🏢 Industry Technology 🛠 Key Skills Internal Audit Technology Governance Risk Assurance Internal Controls Risk Assessments Compliance Documentation Project Management Microsoft Excel Microsoft Word Microsoft PowerPoint Risk and Compliance Analyst at Inovalon — Full Details & How to Apply Inovalon is seeking a Risk and Compliance Analyst to enhance its Enterprise Risk and Compliance team in Gurugram, Haryana, India . This role offers freshers a chance to significantly influence technology governance within a leading firm. The demand for Risk and Compliance Analyst jobs is surging due to heightened regulatory scrutiny in the technology sector. As organizations like Inovalon navigate complex compliance landscapes, this role is pivotal in ensuring adherence to regulations such as HIPAA, which is essential for maintaining client trust and safeguarding sensitive data. Inovalon , founded in 1998 , has over 1,500 employees and is a leader in data-driven healthcare solutions. This established company not only offers a robust platform for career growth but also fosters a culture of innovation and excellence, making it an ideal environment for aspiring professionals in risk management. We encourage 2023, 2024, 2025, 2026 graduates to apply, especially those with a Bachelor’s Degree preferred and 2+ years experience . The salary for this role ranges from ₹6–₹9 LPA , making it an attractive opportunity for fresh talent. In this position, you will gain hands-on experience with essential skills such as Internal Audit , Technology Governance , Risk Assurance , and Compliance Documentation . Exposure to industry-standard frameworks like COSO and COBIT will set you apart in the job market, opening doors to advanced roles in risk management and compliance. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Job Role & Responsibilities The core mission of the Risk and Compliance Analyst at Inovalon is to ensure adherence to regulatory standards while enhancing internal controls through meticulous audits and risk assessments. Conduct internal audits to assess compliance with HIPAA regulations, utilizing Microsoft Excel for data analysis and reporting. Implement technology governance frameworks such as COBIT to ensure effective risk management practices across the organization. Collaborate with cross-functional teams including IT and Legal to develop comprehensive compliance documentation and perform risk assessments . Analyze compliance metrics to identify areas for improvement, contributing to a 20% reduction in compliance-related incidents. Take ownership of risk assessment projects, leading initiatives that enhance internal controls and compliance processes. Prepare detailed reports and presentations using Microsoft PowerPoint to effectively communicate findings to stakeholders. Assist clients in resolving compliance issues , providing expert guidance on risk management strategies . This role fosters an ownership culture, allowing analysts to directly impact compliance and risk management processes within Inovalon . Required Skills & Technical Competencies The ideal candidate for the Risk and Compliance Analyst role must possess a robust skill profile that aligns with compliance and risk management requirements. Technical Skills Internal Audit — advanced — crucial for identifying compliance gaps and ensuring adherence to regulations through systematic evaluations. Technology Governance — advanced — essential for implementing frameworks like COSO , vital for risk management in technology environments. Risk Assessments — advanced — used daily to evaluate potential risks and develop mitigation strategies, requiring strong analytical skills. Microsoft Excel — advanced — utilized for data analysis and reporting, with proficiency expected to handle complex datasets effectively. Project Management — intermediate — important for managing compliance projects effectively, evaluated through past project experiences and outcomes. When showcasing these technical skills in your resume or interview, emphasize specific tools and metrics that demonstrate your proficiency and impact in previous roles. Eligibility Criteria This role is designed for candidates who are eager to start their careers in compliance and risk management, particularly fresh graduates and those with relevant experience. A Bachelor's Degree in fields such as Information Technology, Business Administration, or Finance is preferred. Eligible batches include 2023 , 2024 , 2025 , and 2026 , allowing fresh graduates to apply. Candidates with 2+ years of experience in risk management or compliance will have an advantage, but freshers are encouraged to apply. A minimum academic performance of 60% or CGPA of 6.0 is preferred to ensure a strong foundational knowledge. Internships or projects related to compliance or risk management will be considered advantageous for this role. Documentation & Portfolio Requirements Submit your resume in a clear format, including your educational background, relevant experience, and any projects related to compliance or risk management. Pro tip: Highlight any specific tools or frameworks you have worked with, such as COBIT or HIPAA , to strengthen your application for this role. Salary for Risk and Compliance Analyst at Inovalon 💰 Compensation ₹6–₹9 LPA The advertised compensation for the Risk and Compliance Analyst role at Inovalon is ₹6–₹9 LPA . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Risk and Compliance Analyst Upskilling with the right resources significantly enhances your chances of selection for the Risk and Compliance Analyst role. Recommended Courses & Resources Technology Governance — This course provides essential insights into governance frameworks crucial for compliance roles. KodNest — Offers practical skills in risk management and compliance documentation, vital for this position. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor the resume — Highlight relevant skills and experiences specific to risk management. ❌ Not providing quantifiable achievements — Include measurable outcomes from previous roles or projects. ❌ Ignoring compliance frameworks — Mention COSO and COBIT in your application materials. ❌ Submitting a generic cover letter — Personalize it to address Inovalon's specific needs. ❌ Neglecting to research Inovalon — Stay informed about the company's recent developments. ❌ Overlooking soft skills — Emphasize communication and teamwork abilities, crucial for this role. Before You Apply — Checklist ✅ Research Inovalon's recent projects and news to tailor your application effectively. ✅ Update your resume to include relevant skills and experiences that align with the job description. ✅ Prepare a cover letter that specifically addresses why you want to work at Inovalon as a Risk and Compliance Analyst. ✅ Gather any necessary documents, such as transcripts or certifications, to support your application. ✅ Review your LinkedIn profile to ensure it reflects your resume and professional aspirations. ✅ Practice common interview questions related to risk management and compliance to prepare thoroughly. ✅ Follow the application instructions carefully to avoid any submission errors. ✅ Set reminders for application deadlines to ensure timely submission. Resume Tailoring & ATS Keywords for Risk and Compliance Analyst Optimizing your resume for ATS is crucial for securing an interview for the Risk and Compliance Analyst role. ATS Keywords to Include Risk and Compliance Analyst Internal Audit Technology Governance Risk Assurance Compliance Documentation Project Management Microsoft Excel COSO COBIT HIPAA Stakeholder Management Risk Assessments Resume Tips for This Role Highlight any relevant internships or projects that demonstrate your understanding of compliance and risk management. Emphasize skills in Microsoft Excel and other tools mentioned in the job description to align with company needs. Include specific examples of analytical writing or reporting that showcase your ability to communicate complex information. Optimize your resume for ATS by using keywords from the job description to ensure it passes initial screenings. Avoid including unrelated work experience that does not demonstrate your fit for the Risk and Compliance Analyst role. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro tip: Avoid including generic skills or experiences that do not directly relate to risk management or compliance. How to Apply for Risk and Compliance Analyst at Inovalon Apply Now — Inovalon Visit the Inovalon careers page and locate the Risk and Compliance Analyst job listing. Prepare your resume, ensuring it highlights relevant skills and experiences tailored to the role. Fill out the application form accurately, providing all requested information. After submission, expect a confirmation email and keep an eye on your inbox for further updates. Use the application tracking feature on the Inovalon portal to monitor your application status. Applications reviewed on a rolling basis — early submission recommended. Apply Now — Inovalon NexisGrow.com does not charge any fees for job applications. Inovalon Inovalon was founded in 1998 and is headquartered in Bowie, Maryland. With a significant operational presence in Gurugram, Haryana , the company employs over 1,500 professionals globally . This extensive workforce supports its mission to enhance healthcare through data-driven solutions, showcasing a robust global footprint in the technology sector. The company specializes in cloud-based platforms, including Inovalon ONE , which provides comprehensive data analytics and insights tailored for healthcare organizations. These platforms are designed to improve patient outcomes and operational efficiency, leveraging advanced technologies to meet the evolving needs of the healthcare industry. Inovalon has received recognition for its innovative solutions, boasting a Glassdoor rating of 4.0 , reflecting high employee satisfaction. The company fosters a positive culture through various employee programs, including professional development initiatives and wellness programs, ensuring a supportive work environment for its staff. Recently, Inovalon expanded its services to include advanced analytics for telehealth, demonstrating its adaptability to industry changes. This initiative aligns with the growing demand for remote healthcare solutions, positioning the company for continued growth and innovation in the technology landscape. Joining Inovalon as a fresher offers a unique opportunity to work with cutting-edge technology in the compliance and risk management domain. The company’s focus on internal audit and risk assurance provides valuable experience, making it a strong career launchpad for those entering the technology field. Company Details Industry Technology Location Gurugram, Haryana, India Connect With Us Careers Apply Now Website 🔗 inovalon.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Risk and Compliance Analyst at Inovalon? Eligibility Tap to expand + Answer Candidates with Bachelor’s Degree preferred and 2+ years experience are eligible. Eligible batches: 2023, 2024, 2025, 2026. ? What skills are most important for this role? Skills Tap to expand + Answer Key skills: Internal Audit, Technology Governance, Risk Assurance, Internal Controls, Risk Assessments. Strong fundamentals and practical project experience matter most. ? What is the salary for this position? Salary Tap to expand + Answer Compensation: ₹6–₹9 LPA. Final offer depends on skills, experience, and interview performance. ? What is the interview process at Inovalon? Interview Tap to expand + Answer Typically: Resume shortlisting → Online test → Technical interview(s) → HR round. ? Is this role remote, hybrid, or onsite? Work Mode Tap to expand + Answer Work mode varies by team. Confirm with HR during recruitment. ? What is the career growth path from this role? Growth Tap to expand + Answer Structured appraisals every 6–12 months. Senior roles accessible within 12–18 months based on performance. ? How do I apply? Application Tap to expand + Answer Apply via the official link in How to Apply section. Highlight: Internal Audit, Technology Governance, Risk Assurance, Internal Controls, Risk Assessments. ? Is there a probation period? Probation Tap to expand + Answer Standard 3–6 months probation. Confirmation follows successful completion. ? How to prepare for the Risk and Compliance Analyst interview? Preparation Tap to expand + Answer (1) Core concepts of Internal Audit, Technology Governance, Risk Assurance, Internal Controls, Risk Assessments, (2) 2–3 project walkthroughs, (3) Problem-solving, (4) Inovalon research, (5) Clear communication. ? What is the work culture like at Inovalon? Culture Tap to expand + Answer Research on LinkedIn and Glassdoor for authentic employee reviews. NexisGrow.com features only verified employers. 🔗 Explore More on NexisGrow More jobs in Gurugram Browse all Tech jobs Latest Fresher jobs More jobs at Inovalon Work From Home jobs Ready to Apply? 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