Unity Small Finance Bank - Governance/Risk & Control Role

Position: Team Member - GRC

Level: Lead - Team Member - GRC to be at SM/ Manager level

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 risk-related records & documentation and be able to guide on Policies / Processes.

Location: Mumbai

Reporting to: Unit Head (CXO)

Qualification / Education Requirements:

Graduate / Post Graduate with a minimum 5 - 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.