Governance, Risk And Compliance - SME

Unity Small Finance Bank
Department Icon Risk Management & Compliance
93+ Applicants
Posted: 1 year ago
5-9 years
Maharashtra
Work from Office
Posted: 1 year ago
|
Applicants: 93+
Job Description
Similar Jobs
Please verify your account first! Send OTP

Please click on the Apply to verify the status of jobs posted more than 15 days ago, as they may have expired. Similar Jobs

Job Description

    The GRC team member will be the single point of contact within the SME Business Unit for various responsibilities. These include undertaking Op Risk reporting such as Op Loss, Near Miss, KRI, etc., and closing issues arising from different sources like Op Risk, audits, and others. The role also involves testing and gap remediation, owning the RCM document and Compliance Checklist for SME, and ensuring their periodic updating in alignment with approved SOP, new products & processes, and guidelines. Testing may take the form of Concurrent Audit to provide assurance to the Unit Head that controls within the Unit are effective.
    Additionally, the position requires responsibility for owning the PAC, SOP, and Outsourcing process within the SME Business. Establishing an appropriate risk culture within the SME Business to ensure no product/process is launched without necessary updates, assessments, and clearances is crucial. The GRC team member is also accountable for undertaking BCP for the SME Business, including documentation (BIA and BCP) and testing, as well as ensuring accurate and timely completion of all Regulatory Reporting(s) for the Unit.
    As the SPOC for other risk control purposes like IFC, RBI, Audit, and Compliance, the individual will play a key role in overseeing Budgets, highlighting variations to control costs, and monitoring productivity for the SME Business. Responsibilities also include constituting a BORC, conducting meetings at an agreed frequency, circulating minutes, and generating ATR. The GRC team member will maintain the Unit's risk-related records and documentation and provide guidance on Policies and Processes.

    Looking to get Placed? Try our Placement Guarantee Plan

    Requirements for this role include a Graduate/Postgraduate degree with a minimum of 5-7 years of experience in First/Second/Third Line of Defence. Experience in areas such as Initial Funding/Startup Funding, Venture Debt, Structured Finance, Vendor Financing for ticket size of 5-25CR, liabilities business for SME customers, and relevant SME Business Unit within a Bank with a good knowledge of Banking products is preferred. A Professional Degree would be an added advantage. Additionally, the candidate should have an understanding of industry trends and developments and their impact on the Bank, as well as possess strong communication, writing, analytical skills, and be fluent in written and verbal English.,

Skills

TestingAnalytical SkillsBudget ManagementRCSAOp Risk ReportingBCPCommunication SkillsRegulatory ReportingEnglish ProficiencyRisk ManagementMeeting ManagementIssue ClosuresComplianceBanking Products KnowledgePoliciesDocumentation Management

If a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.

Important dates & deadlines?

Application Deadline

09 Oct 25, 03:02 PM IST

Similar Jobs

View All
Bag Logo
Jobaaj
Don't Miss out any Updates

Subscribe now for the latest job alerts
and never miss an update

Job Alert
Google hiring for Specific Roles Apply Now!
1 min ago
New Opportunity
Amazon is hiring freshers Apply Now!
5 min ago
Featured Jobs
Microsoft opening 50+ positions Apply Now!
10 min ago
Governance, Risk And Compliance - SME
Unity Small Finance Bank

Share with