Job Description
Manager, Third Party Risk Management-()
Job
:Risk
Primary Location
:Asia-India-Mumbai
Schedule
:Full-time
Employee Status
:Permanent
Posting Date
:13/Feb/2026, 10:1+:31 PM
Unposting Date
:Ongoing
Roles and Responsibility
Strategy
• Support the Head of OR in fully embedding Third Party Risk (TPR) as an integrated risk type, fulfilling the requirements of second line oversight and challenge for all regulatory & group commitments.
• Work closely with the Principal Risk Type teams and Subject Matter Experts (SME) to ensure delivery of the embedding of Third Party Risk management into the Group's relevant Principal Risk Types.
• Proactively engage with risk teams and the first line on a continuous basis to ensure that Third Party Risk is holistically managed.
Business
• Conduct reviews and risk deep dives into Third Party types covering Outsourcing, Vendor, Non-Vendor and intragroup arrangements, engaging with relevant risk teams and the business.
• Conduct deep dives including risk analysis and monitoring, into material Third Parties.
• Communicate confidently and clearly with senior stakeholders, taking a lead in working groups and other meetings.
Processes
• As part of the risk deep dives and analysis, evaluate relevant existing controls and recommend new control requirements, where applicable.
• Recommend enhancements to the policies and standards, where applicable, as a result of key gaps and issues identified.
Risk Management
• Review and challenge of overall risk control environment for Third Party Risk.
• Recommend enhancements to risk appetite metrics and thresholds for Third Party Risk, ensuring they are embedded within the respective principal risk types, as applicable
• Act quickly and decisively when any risk and control weaknesses become apparent, and ensure they are addressed within an appropriate timeframe and escalated through the Group Third Party Risk Management Committee.
• Provide guidance to 1 Line Of Defence as Integrated Risk Framework Owner (IRFO)
Governance
• Attend the Country/Cluster Third Party Risk Management Committee/Forum meeting and present papers
• Review Country/Cluster TPRM Forum/Committee Terms of Reference (TOR) to incorporate local regulatory requirements
• Responsible for effectiveness of the Third Party Risk Management Committee/Forum
Regulatory & Business Conduct
• Complete gap analysis between Group Policy/ Standard and local regulatory requirements
• Assess and capture in obligations register, the applicability of the regulations and assign individual Line Owners
• Disseminate the individual lines of regulation to the applicable RFOs/ SMEs
• Create or update Country Addendums to the Group Policy and Standards, as applicable, to align to regulatory requirements
• Track overall progress of implementation of the requirements set out in the Policy, Standard or Addendum
• Confirm compliance to regulatory line items with supporting evidence. Update obligations register
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• Country CROs
• Regional/Cluster/Country Heads of OR
• Executive Director, Third Party Risk Management
• Regional/Country Head of Supply Chain Management
• Business Process Owners
• Policy Owners and Standard Owners for Principal Risk types
• Group Internal Audit
• Country and Cluster CFO
Our Ideal Candidate
• Business Strategy and Model: Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
• Risk Management and Governance: Demonstrated track record of experience in governance and Third Party Risk
• Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework, in which the firm operates
• Non-technical Skills: Significant relationship management experience – with internal and external stakeholders at the most senior levels, including regulators and rating agencies.
• A clear understanding of the Bank's approach to the management of non-financial risks, or equivalent experience gained in other organisations
Role Specific Technical Competencies
• Data preparation and review skills
• Ownership and accountability for deliverables / action oriented
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 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.
• Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website
Job
:Risk
Primary Location
:Asia-India-Mumbai
Schedule
:Full-time
Employee Status
:Permanent
Posting Date
:13/Feb/2026, 10:1+:31 PM
Unposting Date
:Ongoing
Roles and Responsibility
Strategy
• Support the Head of OR in fully embedding Third Party Risk (TPR) as an integrated risk type, fulfilling the requirements of second line oversight and challenge for all regulatory & group commitments.
• Work closely with the Principal Risk Type teams and Subject Matter Experts (SME) to ensure delivery of the embedding of Third Party Risk management into the Group's relevant Principal Risk Types.
• Proactively engage with risk teams and the first line on a continuous basis to ensure that Third Party Risk is holistically managed.
Business
• Conduct reviews and risk deep dives into Third Party types covering Outsourcing, Vendor, Non-Vendor and intragroup arrangements, engaging with relevant risk teams and the business.
• Conduct deep dives including risk analysis and monitoring, into material Third Parties.
• Communicate confidently and clearly with senior stakeholders, taking a lead in working groups and other meetings.
Processes
• As part of the risk deep dives and analysis, evaluate relevant existing controls and recommend new control requirements, where applicable.
• Recommend enhancements to the policies and standards, where applicable, as a result of key gaps and issues identified.
Risk Management
• Review and challenge of overall risk control environment for Third Party Risk.
• Recommend enhancements to risk appetite metrics and thresholds for Third Party Risk, ensuring they are embedded within the respective principal risk types, as applicable
• Act quickly and decisively when any risk and control weaknesses become apparent, and ensure they are addressed within an appropriate timeframe and escalated through the Group Third Party Risk Management Committee.
• Provide guidance to 1 Line Of Defence as Integrated Risk Framework Owner (IRFO)
Governance
• Attend the Country/Cluster Third Party Risk Management Committee/Forum meeting and present papers
• Review Country/Cluster TPRM Forum/Committee Terms of Reference (TOR) to incorporate local regulatory requirements
• Responsible for effectiveness of the Third Party Risk Management Committee/Forum
Regulatory & Business Conduct
• Complete gap analysis between Group Policy/ Standard and local regulatory requirements
• Assess and capture in obligations register, the applicability of the regulations and assign individual Line Owners
• Disseminate the individual lines of regulation to the applicable RFOs/ SMEs
• Create or update Country Addendums to the Group Policy and Standards, as applicable, to align to regulatory requirements
• Track overall progress of implementation of the requirements set out in the Policy, Standard or Addendum
• Confirm compliance to regulatory line items with supporting evidence. Update obligations register
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• Country CROs
• Regional/Cluster/Country Heads of OR
• Executive Director, Third Party Risk Management
• Regional/Country Head of Supply Chain Management
• Business Process Owners
• Policy Owners and Standard Owners for Principal Risk types
• Group Internal Audit
• Country and Cluster CFO
Our Ideal Candidate
• Business Strategy and Model: Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
• Risk Management and Governance: Demonstrated track record of experience in governance and Third Party Risk
• Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework, in which the firm operates
• Non-technical Skills: Significant relationship management experience – with internal and external stakeholders at the most senior levels, including regulators and rating agencies.
• A clear understanding of the Bank's approach to the management of non-financial risks, or equivalent experience gained in other organisations
Role Specific Technical Competencies
• Data preparation and review skills
• Ownership and accountability for deliverables / action oriented
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 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.
• Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website
💡 Quick Summary
Seeking a career-building opportunity? The Manager| Third Party Risk Management position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.
