Bangalore Senior Manager, OTCR, Third Party Risk SMEnew

Job Summary

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.   The Senior Manager, 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.  

Key Responsibilities

The role holder is responsible for the following activities for the SME area: 

•    Perform horizon scanning/review RCMS assigned cases by Regulatory Identification Utility Team 
•    Maintain obligation register
•    Perform assurance on non-material cloud applications
•    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
•    Opportunities for risk taking / commerciality (e.g., support and input on new business)
•    Any other responsibilities as advised by the OTCR target operating model and defined RACI.
•    Perform on-site reviews of Third Parties
•    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. 

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.
Processes
•    Continuously enhance the risk methodology, keeping abreast of external practises through research and participation in industry forums. 
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. 
•    Deliver ‘effective governance’; capability to challenge colleagues effectively; and willingness to work in an open and cooperative manner with all.
Key Stakeholders include:
•     OTCR LT
•     Single Points of Contact (SPOCs) and coverage teams
•     First Line and Third Line stakeholders
•     Supply Chain Management
•     Policy Owners
External
•     Regulators both central and country regulators as relevant
•     External Auditors

Motivations
•    Solving complex, enterprise-wide resilience and risk challenges that require collaboration across functions and geographies. 
•    Translating regulatory requirements into practical outcomes that strengthen the organisation's resilience and preparedness. 
•    Influencing senior stakeholders and driving strategic decisions through clear analysis and evidence-based recommendations. 
•    Building sustainable frameworks, policies, and governance practices that create long-term value. 
•    Leading through ambiguity and navigating evolving regulatory and business environments. 
•    Developing teams and helping colleagues succeed through coaching, collaboration, and knowledge sharing. 
•    Delivering tangible improvements that enhance customer outcomes, operational stability, and organisational resilience.

Skills and Experience

Must-have Skills
•    Policy and Regulation
•    Third parties
•    Risk management
Other Skills
•    Business acumen
•    Writing
•    Verbal

Qualifications

Key Experiences
The role holder will have significant experience in OTCR management within the Banking industry, including relevant regulation and industry trends.  In particular, the role holder will demonstrate:  
•    A rigorous and analytical approach to risk management  
•    Experience of business partnering, including the ability to synthesise and articulate complex and technical topics clearly to diverse audiences. 
•    Ability to manage a diverse and challenging stakeholder community. 
•    Specific strong competence in the use of Excel for analysis of complex data and PowerPoint for communication purposes. 
Certifications / Qualifications
Desired Qualifications: relevant industry leading certification such as: 
•    Degree level education or equivalent 
•    Relevant Industry related qualification 
•       The role holder should comply with all the mandatory e-learnings as prescribed and assigned from time to time. 
Language
•    English

About Standard Chartered

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What We Offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.
• 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 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.

Visit our careers website to learn more about us: www.sc.com/careers.

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