Head, TPRM Process Governance and Risk

Overview
Title: Head, TPRM Process Governance and Risk
Location/Group: Human Resources – Office - Full Time
Reports to: Global Head, TPRM Governance, SCM.
JOB SUMMARY
Accountable for:
Ownership of TPRM Standards, embedding regulatory compliance and ensuring portfolio quality within risk appetite – across all markets, Businesses and Functions. During the first 6 months of joining, responsible for TPRM Simplification risk processes design.
GPO delegate for the TPRM life-cycle process, working with Second Lines and Technology solutions Risk Group
Create, implement and own the required governance framework to support TPRM standards ownership and GPO delegate
Supporting developing and embedding the Group-wide TPRM strategy
Set up the required governance for the Risk assessment process of approx. 14,000 arrangements for specific risk types across multiple risk frameworks
Lead TPRM workstreams in global and country Risk and Remediation programmes
Lead the First Line TPRM engagement with Audit and Regulators
Risk committee membership (or delegate): GTPRMC, and other TPRM remediation programmes
Risk committee membership (or delegate): All group level Business / Function NFRCs
Lead on-site assurance programmes
Support the risk culture for TPRM, including owning, developing and maintaining the Contract Owner risk culture and education programme
The role reports to the Global Head, TPRM Governance, SCM.
RESPONSIBILITIES
Support establishment of a best in class Group-wide TPRM strategy and roadmap in collaboration with Business Heads and responsibility holders under the SMR regime.
Establish the Risk Appetite for Third Parties in consultation with First Line and SMR holders
Develop and implement the approach and controls to implement the Group-wide TPRM strategy
Ensure regular reporting at relevant senior risk committees
Ensure that all decisions made are positive contributions to RoTE
GPO delegate for the TPRM life-cycle process, working with Second Lines and Technology solutions Risk Group
During the first 6 months of joining, responsible for TPRM Simplification risk processes design
Ensure Risk assessment processes for specific risk types under SCM across multiple risk framework (example ABC risk) are governed appropriately
Ensure controls documented in the Standards are well embedded through RCSA and other assurance mechanisms with regular measurement and reporting at required frequencies at relevant risk committees
Lead the AI agenda for risk and governance process simplification / optimisation
Lead with thought leadership, inspire and retain top talent by developing and nurturing an extensive coaching & mentorship.
Ensure there are no collaboration barriers with Businesses and Functions, Risk Groups
Create a pipeline of talent, identifying high potential individuals and helping to create mechanisms to recognize and develop the talent pipeline by working with Coaches and Chapter Leads.
Effectively and collaboratively identify, escalate, mitigate, resolve any risk, conduct and compliance matters.
Create a positive impact in the organization and across the industry by sharing knowledge and expertise with others
Work with Coaches and S&T Leadership to build an empowered, high performing team in a psychologically safe environment.
Own the TPRM Standards including aggregated and de-duplicated requirements from all applicable risk standards at Group. Includes designing and delivering holistic inherent and residual risk approach leveraging internal and external data
Ensure process design for TPRM Simplification is compliant with Group and country regulatory requirements
Ensure TPRM Standards are written using a risk-based approach and in accordance with the TP strategy
Leading engagement with ALL Businesses and Functions to support / troubleshoot third party risks, timely risk reporting and escalations to various risk committees at Group and country risk forums
Maintaining portfolio quality within risk appetite and ensuring timely escalations and resolutions
Ensure compliance to Group and ALL country regulations
Lead TPRM workstreams in global and country Risk and Remediation programmes
Ensure all TPRM deliverables are tracking as per timelines in various Risk Programmes
Risk committee membership: Global Head SCM's delegate in GNFRC; Member - GTRPMC
Risk committee membership (or delegate): All group level Business / Function NFRCs
Timely and accurate reporting of Third Party register, portfolio quality to the PRA and ALL country regulators
Maintaining portfolio within risk appetite
Establish a culture of collaboration with key stakeholders in Risk, Businesses and Functions
Accountable for audits, risk reviews regulatory inspections at Group and countries
Embed a culture of "no surprises".
Lead on-site assurance programmes
Chair and participate in Communities of Practice to drive compliance to Standards and robust governance
Create awareness and understanding of the regulatory framework and risk environment
Ensure adherence with the highest standards of ethics and compliance with relevant policies, process, and regulation
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