Job Summary

•    Support implementation of the Group Third Party Risk Management (“TPRM”) Framework 
•    Support gap analysis and implementation for country regulations as relevant and ensure implementation. This involves coordination with relevant Risk Owner teams
•    Perform monitoring and control as well as supervision of the bank’s Third Party (including outsourcing and non-outsourcing) portfolio. This may include (and is not limited) to review of the material arrangement pipeline, concentration risk, renewal status, yearly review etc
•    Support maintenance of a complete up to date Third Party register
•    Ensure all relevant Management Information is presented at the required governance forums in a timely manner
•    Escalate any issues to local and Group risk committees as necessary.
•    Support internal/external audit and associated regulatory audit as directed.
•    Support process improvements where relevant

Engagement with First Line teams

•    Coordinate updates from Contract Owners in the business and functions, including consolidating the outsourcing arrangement information for Banking Bureau reporting purpose, and Annual Outsourcing Attestation result into a Board paper for reporting

Purpose

•    Host Quarterly meetings with Contract Stakeholders to socialize relevant requirement per Group TPRM policy or local regulation.
•    Escalate where timely updates are not available

•    Support second line of defence oversight of third party risks, validating and/or escalating, as appropriate, third party risks in alignment with the TPRM framework, the Board-approved risk appetite and the country related regulatory requirement.

Strategy

•    Support implementation of the Group Third Party Risk Management (“TPRM”) Framework 
•    Support gap analysis and implementation for country regulations as relevant and ensure implementation. This involves coordination with relevant Risk Owner teams
•    Ensure the respective contract owners are monitoring, reviewing, and mitigating risk associated with the third parties in accordance with the TPRM Framework.

Key Responsibilities

Business

•    Awareness and understanding of the wider business, economic and market environment in which the Group operates

Processes

•    Work collaboratively with SCM TPRM Centre of Excellence (COE) to ensure effective and efficient service delivery for the Country.
•    Ensure that local TPRM processes are run in accordance with local country addendum where applicable.
•    Ensure appropriate oversight of internal tools like SCBuy, IGA and other risk tools to ensure that risk controls are updated accurately and timely.
•    Provide data required by OR for outsourcing regulatory returns (where applicable).

People & Talent

•    Lead through example and build the appropriate culture and values. Set appropriate tone and expectations in collaboration with risk and control partners.

Risk Management

•    Ensure all relevant Management Information is presented at the required governance forums in a timely manner
•    Escalate any issues to local and Group risk committees as necessary.
•    Support internal/external audit and associated regulatory audit as directed.
•    Work closely with Operational Risk (OR) to support them in their role as Second Line of Defence

Governance

•    Perform monitoring and control as well as supervision of the bank’s Third Party (including outsourcing and non-outsourcing) portfolio. This may include (and is not limited) to review of the material arrangement pipeline, concentration risk, renewal status, yearly review etc
•    Support maintenance of a complete up to date Third Party register
•    Support process improvements where relevant
•    Ensure completeness and accuracy of TPRM data
•    Act as a gatekeeper for potential outsourcing agreements to ensure that global and local requirements are addressed before adding new contracts to the Global Outsourcing Inventory.

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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    In partnership with Local Compliance and OR, engage with the local regulators on topics related to Outsourcing and TPRM regulation, Procurement and Vendor Management

Key stakeholders

•    Work with Country / Regional / Group TPRM Governance and Category Managers team to ensure consistency in approach and alignment of Group / regional processes. 
•    Partner with stakeholders (including but not limited to Contract Owners, Risk Owners,) to effectively coordinate and execute third party risk management controls.

Other Responsibilities

•    Embed Here for good and Group’s brand and values in SCB; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures. 

Skills and Experience

•    Risk management 
•    Banking business

Qualifications

•    Minumim graduate from any well reputed university

•    Minimum 10 years of banking/compliance experience
•    Experience in risk management, third party risk management, vendor management, etc
•    Language: Bangla and English  

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.