Director, BRM - Third Party Risk Management

Standard Chartered; Chennai District; Hybrid; INR 3,000,000 - 5,500,000; Full time

Benefits offered by this job

Flexible working options

Wellbeing support

Learning and development

Job summary

Standard Chartered is seeking a Director, BRM - Third Party Risk Management in Chennai. The role oversees the end-to-end TPRM lifecycle across onboarding, monitoring, renewal and exit, ensuring controls meet regulatory obligations and align with WRB policy.

You will lead cross-functional teams to resolve integrated risks, strengthen the control environment and provide concise risk information to senior stakeholders.

Qualifications

• Experience in Third Party Risk Management and risk governance.
• Ability to interpret regulatory policy and implement controls.
• Strong governance, reporting and escalation skills.

Responsibilities

• Oversee end-to-end TPRM lifecycle from sourcing to exit.
• Ensure risk assessments and evidence across information security, data privacy and resilience are complete.
• Lead remediation and closure of control gaps and audit findings.
• Provide concise management information for risk committees and senior management.
• Collaborate with SCM, OTCR, Legal and Compliance to resolve cross-functional risks.
• Represent WRB TPRM in enterprise transformation initiatives.

Skills

Third Party Risk Management

Risk and Control Management

Regulatory and Policy Interpretation

Governance, Risk Reporting and Escalat

Job description

Director, BRM - Third Party Risk Management

Job Details

Director, BRM - Third Party Risk Management Job Description Requisition Number: 62888 Job Location: Chennai, IND Global Grade: Band 5 Work Type: Hybrid Working Employment Type: Permanent Posting Start Date: 28/09/2026 Posting End Date: 12/10/2026 Job Description:

Job Summary

• Support first-line oversight of Third-Party Risk Management (TPRM) across Wealth and Retail Banking (WRB), ensuring vendor, non-vendor, outsourcing and intragroup arrangements are managed safely across onboarding, ongoing monitoring, renewal, material change and exit.
• Implementation of Group policy, standards and regulatory obligations into proportionate business controls, governance, management information and clear accountability for Business Process Owners and Contract Owners.
• Strengthen the control environment by identifying emerging and systemic risks, challenging control effectiveness, driving timely remediation and supporting informed risk decisions that protect clients, operational resilience and the Bank.
• Partner with cross functional 1st and 2nd line teams related to Third-Party Risk to resolve any integrated risks impacting WRB

Key Responsibilities

Strategy

• Align to Wealth and Retail Banking (WRB) strategic agenda and aid WRB in growing responsibly, supported by processes that allow faster and safer delivery of WRB products in a commensurate control environment.

Business

• Oversee the end-to-end third-party lifecycle, including sourcing and onboarding, risk identification and assessment, materiality, due diligence, contracting, service and performance reviews, periodic reassessment, renewal, change, continuity and exit.
• Ensure applicable risk assessments and evidence are complete, accurate, approved and retained for areas including information and cyber security, data privacy, operational resilience, business continuity, financial crime, regulatory compliance and reputational risk.
• Deliver thematic reviews, sampling and control testing across performance indicators and lifecycle records e.g. Service Review Meetings (SRM), Exit Management Plans (EMP), Third Party Continuity Plans (TPCP), subcontractor oversight, - including track findings through sustainable closure.

Risk Management & Governance

• Monitor risk appetite measures, key risk indicators, overdue obligations, incidents, material events, concentration risk and emerging threats; elevate significant issues promptly through the appropriate governance forums.
• Lead root-cause analysis, remediation planning and closure validation for control gaps, audit findings and risk issues, ensuring actions address underlying causes and demonstrate operating effectiveness.
• Produce concise, decision-useful management information for senior management, risk committees and assurance teams, clearly setting out exposure, trends, control weaknesses, mitigations, accountable owners and target dates.
• Continuously improve the WRB Third Party Risk Management framework, operating model and oversight approach in alignment with Group policy, standards, risk appetite and applicable regulatory obligations.
• Provide clear, forward-looking risk advice and effective challenge to stakeholders for WRB Third-Party e.g. materiality, outsourcing, risk acceptance, dispensations, emerging threats and strategic third-party decisions.
• Maintain an accurate and consolidated risk profile across Third-Party arrangements, with transparent ownership, escalation thresholds and governance pathways.

Regulatory & Business Conduct

• Partner with Supply Chain Management (SCM), Operational and Technology Risk (OTCR), Risk Group Stakeholders - Legal, Compliance and Financial Crime, Operational Resilience, Information and Cyber Security, Data Privacy and Country teams to resolve cross-functional risks and deliver consistent outcomes.
• Represent WRB in enterprise Third Party Risk Management transformation, data and platform initiatives; define business requirements, support implementation and verify that new controls operate effectively.
• Build Contract Owner and business capability through role-based guidance, training, targeted communications and practical support, while reinforcing clear accountability for lifecycle compliance and evidence quality.

Key stakeholders

• WRB Business Risk Management Team
• Group and Country Business, Operations and Technology Teams
• Third Party Risk Management (TPRM) Specific
• Group Operational, Technology and Cyber Risk (OTCR) Team and Group Third-Party SME Team
• Supply Chain Management (SCM) Teams
• Various Risk Framework and Standard Owners impacting Third Party Risk e.g. Financial Crime Surveillance Operations (FCSO), Third-Party Security Risk (TPSR) Team, Third-Party Data Provacy Team, Central Utility teams support TPRM.
• Functional Partners e.g. Audit

Others

• Support the WRB COO, Business Risk in preparing for the meetings related to TPRM

Skills and Experience

• Third Party Risk Management
• Risk and Control Management
• Regulatory and Policy Interpretation
• Governance, Risk Reporting and Escalation

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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 thingand 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
• Are better together,we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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-offincluding 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 workingoptions based around home and office locations, with flexible working patterns.
• Proactive wellbeing supportthrough 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 cultureto 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.