Senior Manager, Third Party Risk Management

Year    Mumbai, Maharashtra, India

Job Description


The Role Responsibilities Job Role Responsible and Accountable for embedding Third Party Risk in the Country. Responsible and Accountable for supporting CRO and Head OR in managing the TPRMC and leading the discussions and escalating to the CNFRC. Responsible for engaging with PRT RFOs to continuously improve Third Party Risk Management. Engaging with RFOs to bring the relevant risks to the attention of the TPRMC. Strategy Support the CRO and Head of OR in fully embedding Third Party Risk (TPR) as an integrated risk type, fulfilling the requirements of second line oversight and challenge for all regulatory and group commitments. Work closely with the Principal Risk Type teams and Subject Matter Experts (SME) to ensure delivery of the embedding of Third Party Risk management in the country. Proactively engage with risk teams and the first line on a continuous basis to ensure that Third Party Risk is holistically managed. Business Conduct reviews and risk deep dives into Third Party types covering Outsourcing, Vendor, Non-Vendor and intragroup arrangements, engaging with relevant risk teams and the business. Conduct deep dives, including risk analysis and monitoring, into material Third Parties. Communicate confidently and clearly with senior stakeholders, taking a lead in working groups and other meetings. Processes As part of the risk deep dives and analysis, evaluate relevant existing controls and recommend new control requirements, where applicable. Recommend enhancements to the policies and standards, where applicable, as a result of key gaps and issues identified. Risk Management Review and challenge of overall risk control environment for Third Party Risk. Recommend enhancements to risk appetite metrics and thresholds for Third Party Risk, ensuring they are embedded within the respective principal risk types, as applicable. Act quickly and decisively when any risk and control weaknesses become apparent, and ensure they are addressed within an appropriate timeframe and escalated through the Group Third Party Risk Management Committee. Provide guidance to 1 Line of Defence as Integrated Risk Framework Owner (IRFO). Engage with RFOs to continuously improve Third Party Risk Management. Governance Lead the Country / Cluster Third Party Risk Management Committee / Forum meeting and present papers, highlight areas that require attention to the committee. Review Country / Cluster TPRM Forum / Committee Terms of Reference (TOR) to incorporate local regulatory requirements. Responsible for effectiveness of the Third Party Risk Management Committee / Forum. Responsible and Accountable for ensuring Country Addendum for TPRM is governed at the respective review dates and include all the local regulatory requirements. Ensuring the regulations prescribed by the local regulator is implemented in the Country. Regulatory and Business Conduct Display exemplary conduct and live by the Group\'s Values and Code of Conduct. Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. Lead to achieve the outcomes set out in the Bank\'s Conduct Principles: [Fair Outcomes for Clients Financial Crime Compliance The Right Environment]. Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association. Key Stakeholders Internal Country CROs Regional / Cluster / Country Heads of OR PRT RFOs and Sub-Risk Type SMEs Regional / Country Head of Supply Chain Management Business Process Owners Business Risk Managers Policy Owners and Standard Owners for Principal Risk types Group Internal Audit Country and Cluster CFO External Regulators Our Ideal Candidate Post-Graduation or MBA. Good understanding of Third Party Risk Management. Relevant experience in Third Party Risk will be useful. Business Strategy and Model Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity. Risk Management and Governance Demonstrated track record of experience in governance and Third Party Risk. Regulatory Framework and Requirements Awareness and understanding of the regulatory framework, in which the firm operates. Non-technical Skills Significant relationship management experience _ with internal and external stakeholders at the most senior levels, including regulators and rating agencies. A clear understanding of the Bank\'s approach to the management of non-financial risks, or equivalent experience gained in other organisations. Role Specific Technical Competencies Operational Risk Business Partnering Manage Change Manage Risk Manage Conduct About Standard Chartered We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us. Our purpose, to , together with our brand promise, to be are achieved by how we each live our . When you work with us, you\'ll see how we value difference and advocate inclusion. Together we: Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum Flexible working options based around home and office locations, with flexible working patterns Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website

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Job Detail

  • Job Id
    JD3079602
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year