Assistant Vice President - Governance/Risk/Compliancea

Sr Manager/AVP, GRC Team

Function / Department:

Compliance

Department Head:

Chief Compliance Officer

Reporting Manager:

SVP GRC lead

Reportees to the role:

Individual Contributor

Purpose of the Job:

The primary purpose of the profile is to facilitate implementation of Governance Risk and Compliance program within the organization. They will support review of risk and controls which entail comprehensive coverage of risk universe at activity level and assess adequacy of controls to mitigate risk of operational and technology failures and regulatory noncompliance. They will also participate in the design of registers/ templates and workflows in GRC tool with a primary objective to provide unified view of risk at entity level.

Key Responsibilities:

• Lead risk assessments and profiling for business units and operational activities.
• Stay updated on regulatory changes and adapt risk management practices accordingly.
• Ensure policies/processes are designed to comply with all relevant regulatory requirements and internal policies.
• Engage with stakeholders to understand processes and facilitate documentation of controls.
• Provide oversight and challenge business units on risk management practices.
• Carry out risk aggregation exercise to provide unified view of risk.
• Promote the use of advanced technologies and data analytics in risk management.
• Act as a key point of contact for risk-related matters pertaining to business and operations.