Standard Chartered Bank Vacancy for a Third Party Risk Manager
Standard Chartered Bank Nigeria - We attract talented individuals. Not
only can they give you the benefit of their experience, they also
reveal a closer, more personal look at the wide range of global
opportunities we offer. At the core of the Group's people strategy is
our focus on employee
engagement. Engagement is a key driver of
productivity and performance, which creates the foundation of our
performance culture.
We encourage and focus on the behaviours that bring out the very best
from every employee, assessing their performance not just on results
but on how those results were achieved. To further embed these
behaviours we have a remuneration programme in place, carefully
designed to incentivise our employees to live our values every day.
Standard Chartered Bank is recruiting to fill the position below:
Job Title: Third Party Risk Manager
Job ID:540612
Location: Victoria Island
Regular/Temporary: Permanent
Full/Part Time: Full time
Job Function:Business Efficiency
Strategy
- Contributes to the third party risk management strategy and
overall achievement of functional objectives as a member of the SCM team
in country.
- Support the Third Party Risk Management Programme (TPRM) to
effectively manage third party risk (including intra-group arrangements)
in accordance with internal policy and regulatory requirements.
Business:
- Provide second line of defence oversight of third party risks,
validating and/or escalating, as appropriate, third party risks in
alignment with the Board approved risk appetite.
- Monitor regulatory changes impacting third party management and
ensure TPRM framework and related policies are aligned to regulatory
requirements.
- Promote and deliver continuous training and awareness to business on third party risk management.
- Ensure the respective contract owners are monitoring, reviewing
and mitigating risk associated with the third parties in accordance with
the TPRM framework, which includes outsourcing framework.
- Support the implementation of TPRM and processes in alignment with regulatory requirements.
Processes:
- Ensure that all third party relationships are captured in a centralised inventory in a timely manner.
- Ensure and assess compliance to TPRM framework and adherence to related policies, including information security requirements.
Risk Management:
- Develop, publish and present reports of third party risk oversight activities to key stakeholders and relevant risk committees.
- Support internal/external audit and associated regulatory audit as directed.
- Identify issues and root cause including oversight/facilitations of third party risk mitigation actions.
Key Stakeholders:
- Partner with third party management stakeholders (including but
not limited to Outsourcing Owners, Contract Managers, Information
Security Officers, SCM Category Managers, Business Continuity Manager,
etc) to effectively coordinate execute third party risk management
controls
Competencies ( Knowledge and skills)
- Experience in third party risk management
- Good analytical thinking and problem solving skills
- Ability to work independently and multi-task with tight lead times
- Ability to influence others and skilfully build credibility with stakeholders
- Change management skills and self awareness to adopt varying approaches for different stakeholder dynamics.
- Mental tenacity and analytical mind having the ability to take
on tough and complex challenges, yet remain calm and professional under
pressure.
- Familiarity with relevant regulatory requirements a plus
- Good commercial knowledge with an ability to think strategically
- Good understanding of emerging third party risk that is relevant in financial services industry
- Ability to work collaboratively within the team and the Bank in formulating third party risk management strategy
- Ability to operate in a complex multi-organisation, multi-country and multi-cultural environment
How to Apply
Interested and qualified candidates should:
Click here to apply