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Strategy*
• Support implementation of a comprehensive third-party cyber security strategy aligned with the organisation's overall security goals,
• Identify emerging trends, technologies and threats to enhance third-party risk management practices,
• Collaborate with senior leadership to integrate third-party security profile into broader business risk appetite and strategy,
• Lead strategic initiatives to improve the maturity of the third-party security controls.
Business*
• Act as the trusted advisor between the security team and Business Units to ensure alignment of third-party security initiatives with business objectives,
• Support Business in understanding and managing their third-party security landscape,
• Facilitate further integration of third-party security requirements into procurement and vendor management processes,
Processes*
• Ownership of Third-Party Security Risk toolset, including managing business requirements, technology changes and potential transition to new technology solutions,
• Lead the monitoring and reporting of mitigation and remediation actions to track progress against audit and other assessment findings,
• Support proactive third party incident response and built long term collaboration with other Threat Intelligence teams across the organisation,
• Continuously improve processes based on feedback, audits, and evolving security threats,
• Automate and streamline third party risk management processes to ensure efficiency and accuracy.
Risk Management*
• Monitor and evaluate Third Party Security Risk process compliance with global regulatory framework,
• Support and promote a Threat Based Risk Assessment approach,
• Articulate in a timely fashion the project risks and corresponding mitigation and contingency plans,
• Ensure that issues are identified, escalated, and addressed as appropriate.
Governance*
• Develop, document, and maintain process documentation,
• Represent Third Party Security Risk team at various Risk Boards and Committees (including material preparation),
• Enhance and build upon existing reporting mechanisms to properly articulate Bank's third-party security risk profile.
Skills and Experience
Standard Chartered Bank
Job ID: 110303183