Manager, Ccib Third-party Resilience - Singapore - Standard Chartered

Standard Chartered

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

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Description

Job:
Operations

Primary Location:
Asia-Singapore-Singapore

Schedule:
Full-time

Employee Status:
Permanent

Posting Date: 12/Jul/2023, 4:01:05 AM

Unposting Date: 26/Jul/2023, 5:59:00 PM

Role Responsibilities

The risks associated with the use of 3rd parties are widespread, and the related risk management requirements cut across multiple standards and policies. However, it is critical that the third party providers we engage, have adequate resilience capabilities in BAU and during operational disruptions to support the business.
The CCIB TP Resilience Risk & Control role has been established to provide thirdparty Resilience advisory support, and the review and challenge work for Corporate, Commercial & Institutional Banking ("CCIB") nonvendor thirdparty arrangements, ensuring that Resilience due diligence requirements are understood and complied with. The team specializes in all Business Resilience Pillars (Business Continuity Management, Crisis Management, Operational Resilience and Operational Continuity in Resolution) and perform dedicated Risk and Control activities.

Strategy

Support Head, CCIB Resilience Governance & Third-Party Resilience in the development and implementation of the Third-Party Resilience Framework for nonvendors in CCIB. Leverage group capabilities and tooling to ensure best practice, lessons, and capability is shared across CCIB.

Business

Support all thirdparty Resilience related queries from service owners, support functions, and business governance teams.
Partner with the business and other relevant functions to design effective review processes.
Review and challenge the adequacy of the Third Party Risk and Control Assessments undertaken on nonmaterial and material unique thirdparty arrangements in the TPRM Redux tool.
Perform arrangement level control checks to ensure Service Owners have completed all necessary due diligence measures for newtobank, and for existingtobank during periodic review and trigger reviews.
Plan and provide guidance on TPCP testing, review and challenge testing results.
Support CCIB GPOs in reporting of TP Resilience Risks to Business Non-Financial Risk Committees ("NFRCs") and other Resilience Forums.
Develop MIs where needed to support TP Resilience capabilities across CCIB.

People & Talent

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 Financial Markets. 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.

Risk Management

Perform assurance controls to ensure applicable risks are appropriately triggered.
Support risk reviews
Support risk escalations to relevant 2LOD teams.
Support reporting of Operational Resilience risks and treatment actions.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

Governance

Monitor uplift, mitigation and remediation actions. Track progress against control findings.
Support training and awareness sessions on thirdparty Resilience due diligence as required.
Partner with the TPRM Redux Tool team to identify areas of potential improvement in the tool.
Support grooming, UAT and UVT.
Partner with Country and Group Process Owners, to drive a synergy and strong partnership to mitigate Third-Party Risk in CCIB.
Provide support to Business QPRs for prioritisation of treatment plans, where required

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.

Key stakeholders

Service Owners
Network and Nostro Management
Group Resilience
Group Operational Risk
CCIB COO Resilience
SCM Redux Change team

Country / Regional

CCIB Heads, and Country Resilience teams
Other Third-Party Governance teams

Country / Regional

Business Heads, and Country/Regional 2LOD Resilience teams
GIA, External Auditors
7+ years of total experience
Masters or Bachelor's degree
Solid understanding of risk governance and quality frameworks and processes
Handson experience of first line of defence, including design and implementation of control frameworks
Experience in supply chain and/or vendor management