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Third Party Management (“TPM") is a first line global function responsible for developing the tools and processes to enable the Bank to be compliant with the Group Third Party Risk Policy and relevant regulatory expectations.
• The topic of third party risk is a key area of focus for the Bank, and continues to be at the top of the regulatory agenda for financial services regulators. As such, internal policies and regulatory guidance and expectations in this area are continuously evolving.
• To achieve compliance with internal policy and regulatory expectations, HSBC has built technology platforms and risk assessment processes in the 1st line to undertake the assessment, due diligence, monitoring and assurance of Third Party Risk.
• TPM Governance and Control is responsible for the development and maintenance of Group-wide TPM frameworks and standards, ensuring TPM processes are in alignment with new and evolving internal (policy) and external (regulatory) requirements, governance to ensure processes are embedded globally and operating effectively, and monitoring of the regulatory landscape.
HSBC is one of the world’s largest banking and financial services organisations. Our global businesses serve more than 40 million customers worldwide through a network that covers 63 countries and territories.
HSBC Service Delivery (Polska) Sp. z o.o. is HSBCs global finance, operations, risk and technology centre. We use our unique expertise and capabilities to provide specialised services – our people range from technologists transforming the banking experience to operations professionals managing 1.7 trillion payments a year.
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