Manager IT Governance Risk & Compliance

Job highlights

• 6-8 years in IT compliance or risk management in banking, Bachelor's in CS/IT, knowledge of RBI regulations and cybersecurity standards
• Ensure IT vendor compliance with regulatory requirements, conduct risk assessments, lead audits, develop IT policies

Greetings from Indusind Bank!

Role Details

The IT GRC Manager role is responsible for ensuring that IT systems and practices adhere to regulatory and compliance standards. This role plays a critical part in managing and implementing improvements to enhance IT GRC practices for the organization.

Education and Work Experience Requirements

• Bachelor's degree in Computer Science, Information Technology, or a related field and relevant certifications are highly desirable.
• 6-8 years of progressive experience in IT compliance, governance, or risk management within the banking or financial services industry.
• Strong knowledge and understanding of Indian banking regulations, RBI GKC recommendations, cybersecurity standards, and industry best practices.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
• Analytical mind set with the ability to identify and mitigate compliance risks effectively.

Overall Job Description:

• Compliance Oversight: Ensure that all IT vendor operations, systems, and processes adhere to relevant regulatory requirements, including RBI/SEBI guidelines, and cybersecurity standards.
• Regulatory Reporting: Strong knowledge of Regulators Master Directions on Outsourcing Risk and corresponding reporting.
• Policy Development: Develop and maintain IT policies, procedures, and guidelines to ensure alignment with evolving regulations and industry best practices, related to IT Vendors
• Risk Assessment: Conduct comprehensive risk assessments to identify potential compliance gaps and vulnerabilities within the IT Vendor Landscape.
• Auditing and Reporting: Lead and coordinate internal and external audits related to IT Vendors. Prepare detailed reports with findings and recommendations for improvement.
• Continuous Improvement: Stay updated with changing regulations and industry trends, recommending and implementing improvements to enhance IT compliance posture.