Jobs
Interviews
Lancesoft logo

TPRM

5 - 10 years

5 - 10 Lacs

chennai

Posted:12 hours ago| Platform: Naukri logo

Apply

Skills Required

tprm third party risk management third party risk assessment

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Summary*

The Third Party Risk Manager is responsible for the oversight and execution of the third party risk management (TPRM) framework, ensuring all external vendor and partner relationships are assessed, monitored and managed in alignment with organisational risk appetite and regulatory requirements. The role requires expertise in risk and control environment, particularly within technology and cyber security domain.

Key responsibilities:

  • Managed the end to end third party risk lifecycle, including onboarding due diligence, risk assessment, contract reviews, continuous monitoring and offboarding.
  • Ensure third party engagements operate within established risk tolerance and comply with internal policies and external regulatory obligations.
  • Provide subject matter expertise on third party risk, advising stakeholders across business and recommending practical risk mitigation strategies.
  • Partner with Control Owners (SCM) to define and maintain risk management metrics, dashboards, and reporting mechanisms to measure and monitor third party risk exposure.
  • Support internal and external audits as well as regulatory review by providing documentation, analysis and evidence of TPRM program activities.
  • Have detailed understanding of technology and third-party regulatory landscape.
  • Experience with Risk and Control and/or Audit background would be beneficial.

Responsibilities*

Strategy*

  • Subject matter expert on Technology Resilience, Third Party Risk Management, IT Continuity Management, as well as Contingency and Disaster Recovery
  • Assess the overall effectiveness of TPCP Testing strategy for Material Technology Arrangements,
  • Support the implementation internal procedures and training which support the (TPCP) Testing and exercising strategy for Material Tech Arrangements where applicable.
  • Support the planning, coordination, and facilitation of the simulated test exercises, ensuring alignment across the various Stakeholder Groups.
  • Support internal and external progress reporting requirements on TPCP Testing for Material Technology Arrangements.
  • Build relationships with a wide range of senior stakeholders to deliver against the strategies and processes that underpin the TPCP Testing & Exercising strategy.

Business*

  • Have the knowledge and confidence to apply critical thinking to make the necessary decisions to progress and at the same time, understand the limits of his/her responsibility and expertise and know when to solicit decisions from other members of the team.
  • Liaise with contract managers across Technology & Architecture and CIOs regarding third party risk and controls compliance.
  • Build strong relationships with internal and external partners to enhance risk management efforts.

Processes*

  • Check test or exercise frequency requirements as part of the TPCP annual review.
  • Recording of scheduled test dates in the Third-Party register
  • Actively take part in all exercises
  • Review exercise outcomes, including any risk escalation.
  • Review and approve any updates to the TPCP.
  • Track any updates to the exercise date in the Third-Party register.
  • Constantly analyse, enhance, and seek to improve testing processes.

People & Talent*

  • Always have an eye for Process Improvements and Innovations with an objective to Simplify’, while still maintaining the value delivered.
  • Ensure a cohesive team approach that supports the broader Third-Party Risk Management and Bank wide agenda to build for the long-term

Risk Mitigation and Controls*

  • Support the development and implementation of risk mitigation strategies and action plans.
  • Ensure the effectiveness of risk controls and compliance with regulatory requirements.
  • Collaborate with various departments to integrate risk management practices into business processes.
  • Normalise disparate approvals processes to speed up delivery without increasing the risk.

Governance*

  • Continuously monitor the third-party risk profile and ensure that risk management activities are being carried out effectively.
  • Reporting on risk exposure and the effectiveness of mitigation efforts to MT and stakeholders
  • Build, manage and maintain relationships with global and regional teams across the bank across the relevant first, second and third line of defence.
  • Conduct periodic reviews, control sample testing, and metrics reporting on third party risk.
  • Identify opportunities for process improvements and implement enhancements.

Regulatory & Business Conduct*

  • Display exemplary conduct and live by the
  • 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.

Other Responsibilities*

Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

More Jobs at Lancesoft

Java Full Stack Developer - Angular / React

Chennai, Bengaluru, Hyderabad

5 - 10 yrs
|

INR 15 - 30 Lacs

GCP Cloud DevOps Engineer

Pune, Hyderabad

6 - 10 yrs
|

INR 15 - 30 Lacs

Service Desk Associate

Bengaluru

Experience: Not specified

|

INR 2 - 3 Lacs

Java Full Stack Developer Angular + Reac

Hyderabad, Pune, Bengaluru

6 - 11 yrs
|

INR 6 - 15 Lacs

Team Lead

Vadodara

4 - 9 yrs
|

INR 3 - 8 Lacs

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

Google Play App Store
coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
Lancesoft logo
Lancesoft

IT Services and IT Consulting

Herndon Virginia

RecommendedJobs for You

Lancesoft logo

TPRM

Lancesoft

chennai

Clarity Consulting logo

TPRM

Clarity Consulting

pune

Clarity Consulting logo

TPRM

Clarity Consulting

pune, bengaluru, delhi / ncr

Xforia Technologies logo

TPRM

Xforia Technologies

Noida, New Delhi, Delhi / NCR

Xforia Technologies logo

TPRM

Xforia Technologies

Noida, New Delhi, Pune

eSec Forte® Technologies logo

TPRM

eSec Forte® Technologies

Gurugram, Haryana, India

Flexability Hr Solutions logo

TPRM

Flexability Hr Solutions

Bengaluru

Tata Consultancy Services logo

TPRM

Tata Consultancy Services

Pune, Maharashtra, India

Euclid Innovations Private Limited logo

TPRM

Euclid Innovations Private Limited

Bengaluru / Bangalore, Karnataka, India

KPMG India logo

TPRM

KPMG India

Bangalore Urban, Karnataka, India