Director, Otcr, Third Party Risk Sme(singapore, India)

JOB SUMMARY This role could be based in Singapore and India When you start the application process you will be presented with a drop down menu showing all countries Please ensure that you select a country where the role is based The Operational Technology and Cyber Risk OTCR organisation is instrumental in protecting and ensuring the resilience of Standard Chartered Bank s operations data and IT systems by managing operational technology and cyber risk across the enterprise As a critical function reporting into the Group Chief Risk Officer CRO the Group OTCR team serves as the second line of defence for assuring that controls are implemented effectively in accordance with the OTCR Framework and for instilling a risk culture within the Bank Director OTCR Third Party Risk SME OTCR Third Party Risk is an important role that requires fundamental business acumen and a general knowledge of key regulations industry trends and the ability to collate analyse and opine on disparate information to support efforts to manage the sub-risk types of Third-Party risks within risk appetite RESPONSIBILITIES The successful candidate will need to demonstrate a good understanding of all types of third-party risk and be able to respond in a flexible and collaborative manner to evolving business demands regulations and threats This individual must engage with stakeholders across the three lines of defence providing subject matter expertise advice and deliver services and or activities specific to Third Party risk This includes advising on effective risk management practices governance and oversight and providing applied knowledge to help support the development of approaches frameworks and policies including guidance and training to staff The successful candidate will deliver value by providing specialised knowledge clear direction and recommendations on how to effectively manage risk This includes supporting other locations to help make balanced and informed risk decisions The candidate will need to have good stakeholder management and communication skills The successful candidate will need to have proven experience in developing and maintaining policies and have a good understanding of risk and controls in the respective risk areas The candidate is also expected to be familiar with the mechanics of implementing policies risk and control concepts and interdependencies with other OTCR teams with respect to policies They will also ensure alignment to ERMF and non-OTCR policies of the Bank avoiding overlap or duplication and considering the practical application of the policy The role holder is responsible for the following activities for the SME area Plan Co-ordinate Track and Perform onsite reviews of Third Parties Support Countries performing onsite reviews by providing the SME Perform second line assurance reviews on quality and effectiveness of artefacts related to Third parties Ensure documentation related to the onsite reviews and assurance reviews are maintained as per the requirements Provide regular updates to Group Third Party Risk Management Committees and other committees as and when required on the outcomes of assurance reviews Work with first line risk groups and risk teams to address the thematic issues arising out of the assurance reviews Perform assurance on the Third party register to be submitted to Group regulator Appropriate appetite setting identification and assessment of risk and input into control design Support on investigations and reviews to ensure the right outcomes are reached Quarterly production of vendor scorecard FFG Assist with translating scorecard metrics information to Process Unity FFG project Training material development and execution Develop Discover site for TPRM Any other responsibilities as advised by the OTCR target operating model and defined RACI Embedding of concentration risk Work with other OTCR teams to ensure effective implementation and oversight of the effectiveness of the policies In addition this role must work with Single Point of Contact SPOC coverage teams who face into the respective Business Region and Group Functions This includes enabling the SPOC to provide effective risk oversight by providing Advice in high risk and or complex matters that require specialised knowledge This includes providing Subject Matter Expertise knowledge to support decision making including interpretation of relevant regulations data and reports Support thematic reviews with Assurance teams where required Strategy Ensure Third party assurance reviews Strategy is embedded across Business and Functions Processes Continuously enhance the risk methodology keeping abreast of external practises through research and participation in industry forums People Talent Engage with teams across geographies and work closely to drive and perform assurance activities Risk Management Ensure all activity adheres to the Risk Management Framework with a specific focus on ensuring an effective framework for the management of Operational Risks within the team as they pertain to the role Governance Demonstrate an awareness and understanding of the regulatory framework in which the Group operates and the regulatory requirements and expectations relevant to the role Regulatory 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 Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Key Stakeholders OTCR LT Single Points of Contact SPOCs and coverage teams First Line and Third Line stakeholders Supply Chain Management Policy Owners TPRM Simplification program team External Regulators both central and country regulators as relevant External Auditors Our Ideal Candidate Communication Skills Stakeholder Management Risk Management Operational and Technology Risk Management Process Management Regulatory Environment - Financial Services Risk Management Process Automation Change Management Risk Third Party Risk Management Resilience Risk Manage Vendors About Standard Chartered We re an international bank nimble enough to act big enough for impact For more than 170 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 drive commerce and prosperity through our unique diversity together with our brand promise to be here for good are achieved by how we each live our valued behaviours 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 Are better together we can be ourselves be inclusive see more good in others and work collectively to build for the long term What we offer 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 leave parental maternity 20 weeks sabbatical 12 months maximum and volunteering leave 3 days along 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 38632