Unity Small Finance Bank

3 weeks ago


Mumbai, Maharashtra, India iimjobs Full time
Lead - GRC (Governance, Risk & Control)

This role will report to Unit Head (CXO)

Roles & Responsibilities:
The GRC team will be the single point of contact within each of the Business / Operations / Support Unit for:

  • Undertaking Op Risk reporting[s] (Op Loss, Near Miss, KRI etc.).
  • Issue closures emanating from various sources [Op Risk / Audits / Others].
  • Testing [RCSA] & gap remediation. Owns the RCM document / Compliance Checklist for the Unit and is responsible for its periodic updation in line with approved SOP / New products & processes / Guidelines. The testing could be in the form of Concurrent Audit to provide assurance to the Unit Head that controls within the Unit are working effectively.
  • Owning the PAC / SOP / Outsourcing process within the Unit. Establishing appropriate risk culture within the Unit (e.g. no product/process should be launched without PAC / SOP update / Required assessments & clearances).
  • Undertaking BCP for the Unit (Documentation [BIA and BCP] & Testing).
  • Ensure all Regulatory Reporting(s) for the Unit are undertaken accurately & on time.
  • Will operate as SPOC for other risk control purposes (IFC / RBI / Audit / Compliance) etc.
  • Keeping an overview of Budgets and highlight variations to ensure the overall cost is under control and monitor the productivity for the Unit.
  • Constitute a BORC and conduct meetings at an agreed frequency, circulate minutes, generate ATR.
  • Maintaining Unit's riskrelated records & documentation and be able to guide on Policies /Processes.

Must have Requirements:

  • Graduate/Post graduate with a minimum 7 years' experience in First / Second / Third Line of Defence.
  • Experience in the relevant area of Business / Operations / Support Unit within a Bank with a good knowledge of Banking products.
  • A Professional Degree will be an added advantage.
  • Understanding of industry trends and developments as well as their impact on the Bank.
  • Strong communication and writing / analytical skills & fluent in written and verbal English


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