Director- GRC

Risk Assessment and Management:

• Lead comprehensive risk assessments of processes, and projects to identify potential risks and vulnerabilities.
• Develop risk mitigation strategies and action plans to address identified risks, working closely with cross-functional teams.
• Monitor and track risk indicators, trends, and emerging threats to proactively mitigate potential impacts on the organization.
  
  

Business Unit Risk Officer (BURO):

• Collaborate with the Risk Management Department to integrate operations risk management practices into the governance framework, ensuring that risks are identified, assessed, and managed effectively.
• Establish processes for monitoring and reporting operations-related risks and issues to senior management and governance committees.

• Compliance Management:
  
• Responsible for implementing and communicating statutory guidelines (e.g. RBI) and other policies from time to time.
• Ensure compliance with financial policies, procedures, and regulatory requirements, adhering to internal controls and governance standards.
• Ensure that outsourcing arrangements comply with relevant regulatory requirements, industry standards, and internal policies, conducting periodic audits and assessments as needed.
• Establish key performance indicators (KPIs) and metrics to measure the effectiveness of risk and compliance initiatives and drive continuous improvement.
• Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control
  
  

Policy and Procedure Management:

• Develop, review, and update operations governance policies and procedures to reflect changes in business needs, regulatory requirements, and industry best practices.
• Ensure that policies and procedures are approved and effectively communicated to relevant stakeholders and implemented consistently throughout the organization.
  
  

Stakeholder Management:

• Collaborate with cross-functional teams, including Finance, IT, and business units, to align financial planning efforts with broader organizational goals and priorities.
• Build strong relationships with internal stakeholders, external partners, and vendors to facilitate effective communication and collaboration on financial matters.
• Responsible for engagement with Board and the sub committees.
  
  

Continuous Improvement:

• Drive continuous improvement in financial planning processes, tools, and methodologies to enhance accuracy, efficiency, and effectiveness.
• Drive continuous improvement initiatives within outsourcing relationships, leveraging data-driven insights, best practices, and feedback mechanisms to enhance efficiency and effectiveness.

Lead Change Management -

• Responsible for leading, planning and executing change management across different stakeholders like Sales, Operations, IT & product teams etc. Ensure transparent communication, gain alignment, and manage disruptions in a planned and proactive manner.