Job Description
Role Responsibilities
Strategy
• Liaise with the SCM Global and Country Management teams to support them in delivery of SCM TPRM related responsibilities
• Performs the role within the operating model
Sourcing
• Understands and can interpret the commercials obligations within a contract.
• Understands the vendor engagement risk profile to ensure risks are managed by the applicable risk control groups.
• Drives the sustainability agenda is it relates to specific engagements.
• Stakeholder Management Maintains on-going relationships with global and hub Teams Understands the geo-applicable stakeholder mapping for escalation management Guides Business Stakeholders through TPRM decision-making processes. Ensure the intrinsic business value of the SCM TPRM Framework is communicated and understood by the business. Provides guidance on SCM process, systems, policy and procedure Vendor Management Tactical interactions with vendors. Generates reporting for vendor performance monitoring Maintains 'preferred' vendor lists Project Management Identifies and mitigates risks that would impact the overall risk profile of the bank. Ensures projects are prioritized and delivered against agreed timelines Supports, leads and executes TPRM initiatives. People Management Collaborates on objectives and aspirational growth opportunities Carries out performance assessments Ensures Mandatory Training completed Cross Functional Engagement Maintains thought leading relationships with business stakeholders and key risk owners to ensure that service improvement opportunities are communicated effectively and consistently. Work in a highly effective Supply Chain Management (SCM) team that will deliver TPRM services that exceed stakeholder and client expectation. Contribute to process improvement initiatives Third Party Risk Management (TPRM) and Reporting Able to interpret category specific risk as it relates to engagement type Can advise stakeholders, proactively, or risk profiles as it relates to future requirements/pipeline. Can interpret requirements for reporting as it relates to TPRM Assist in effective governance and controls for supplier risk management across the bank, manage the vendor and contract management framework in the region Supports the business functional vendor management teams in day 2 supplier matters Operate in compliance with mandated TPRM processes, policies and procedures Sustainability
• Educates the business on sustainable ways to procure goods and services and ensures continuous improvement in terms of adoption
• Key Stakeholders
• Key stakeholder interactions are Global Business / Function Heads SCM regional teams; Regional Heads, Regional Category Managers, In country sourcing managers Cross functional teams during category management development and during strategic sourcing events. This include, but not limited to, Business stakeholders, Legal, Compliance, Tax and Finance and Risk Control Groups
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.
• Lead the Group/Country Stakeholder to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Our Ideal Candidate
• Academic/ Professional Qualifications
• At least a Degree in Purchasing, Supply Chain Management, Risk Management, Economics or Business Administration
• Language Proficiency
• Fluent in English.
• Vietnamese/Thai/Korean Language Skill is a significant advantage
• Experience
• At least 1 years' working experience in Risk Management/Commercial Risk Management/Contract Risk Management.
• Previous experience of working within the Financial Services or technology sector is an advantage
• Relevant experience in stakeholder management ( practices, leadership, effectiveness).
• Specialized knowledge or skills required
• Able to use ERP systems such as SAP, Ariba and Microsoft Office Excel..
• Good working knowledge of contracts & familiar with legal agreements
• Advanced commercial knowledge in Vendor Management.
• Advanced business management skills including stakeholder management, commercial judgment and process improvement.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together , we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• 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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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
Strategy
• Liaise with the SCM Global and Country Management teams to support them in delivery of SCM TPRM related responsibilities
• Performs the role within the operating model
Sourcing
• Understands and can interpret the commercials obligations within a contract.
• Understands the vendor engagement risk profile to ensure risks are managed by the applicable risk control groups.
• Drives the sustainability agenda is it relates to specific engagements.
• Stakeholder Management Maintains on-going relationships with global and hub Teams Understands the geo-applicable stakeholder mapping for escalation management Guides Business Stakeholders through TPRM decision-making processes. Ensure the intrinsic business value of the SCM TPRM Framework is communicated and understood by the business. Provides guidance on SCM process, systems, policy and procedure Vendor Management Tactical interactions with vendors. Generates reporting for vendor performance monitoring Maintains 'preferred' vendor lists Project Management Identifies and mitigates risks that would impact the overall risk profile of the bank. Ensures projects are prioritized and delivered against agreed timelines Supports, leads and executes TPRM initiatives. People Management Collaborates on objectives and aspirational growth opportunities Carries out performance assessments Ensures Mandatory Training completed Cross Functional Engagement Maintains thought leading relationships with business stakeholders and key risk owners to ensure that service improvement opportunities are communicated effectively and consistently. Work in a highly effective Supply Chain Management (SCM) team that will deliver TPRM services that exceed stakeholder and client expectation. Contribute to process improvement initiatives Third Party Risk Management (TPRM) and Reporting Able to interpret category specific risk as it relates to engagement type Can advise stakeholders, proactively, or risk profiles as it relates to future requirements/pipeline. Can interpret requirements for reporting as it relates to TPRM Assist in effective governance and controls for supplier risk management across the bank, manage the vendor and contract management framework in the region Supports the business functional vendor management teams in day 2 supplier matters Operate in compliance with mandated TPRM processes, policies and procedures Sustainability
• Educates the business on sustainable ways to procure goods and services and ensures continuous improvement in terms of adoption
• Key Stakeholders
• Key stakeholder interactions are Global Business / Function Heads SCM regional teams; Regional Heads, Regional Category Managers, In country sourcing managers Cross functional teams during category management development and during strategic sourcing events. This include, but not limited to, Business stakeholders, Legal, Compliance, Tax and Finance and Risk Control Groups
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.
• Lead the Group/Country Stakeholder to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Our Ideal Candidate
• Academic/ Professional Qualifications
• At least a Degree in Purchasing, Supply Chain Management, Risk Management, Economics or Business Administration
• Language Proficiency
• Fluent in English.
• Vietnamese/Thai/Korean Language Skill is a significant advantage
• Experience
• At least 1 years' working experience in Risk Management/Commercial Risk Management/Contract Risk Management.
• Previous experience of working within the Financial Services or technology sector is an advantage
• Relevant experience in stakeholder management ( practices, leadership, effectiveness).
• Specialized knowledge or skills required
• Able to use ERP systems such as SAP, Ariba and Microsoft Office Excel..
• Good working knowledge of contracts & familiar with legal agreements
• Advanced commercial knowledge in Vendor Management.
• Advanced business management skills including stakeholder management, commercial judgment and process improvement.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together , we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• 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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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
💡 Quick Summary
Seeking a career-building opportunity? The Associate Manager| TPRM Governance position is now open for candidates interested in the Bank Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
