(Senior) Expert Third Party Risk Management (m/f/d) (Group Digital Resilience) at Allianz SE

Who will you join?

 

Resilience is a company’s capacity to absorb stress, recover critical functionalities, and thrive in altered circumstances. It is especially important today because the business environment is becoming more dynamic and unpredictable, while we are facing various disruptions from extreme weather events, power outages, political turbulences to virus outbreaks.

Group Digital Resilience is responsible for the governance, standard setting and systematic monitoring within all Allianz operating entities (OEs) across the globe. We define the core professional, procedural and organizational requirements to anticipate and prepare for, and adapt to changes and sudden disruptions in order to protect Allianz’ business operations (IT and Non-IT), personnel and physical assets so that the Allianz Group is better positioned to respond in an effective and efficient manner. 

Third Party Risk Management (TPRM) is a critical component of our Digital Resilience Efforts. For this new team we are looking for a senior expert with a background in Outsourcing or Third Party Risk Management or related activities like provider and contract management. 

If you are ready to take over responsibility become part of our Group TPRM team that makes Allianz more resilient and successful in managing third party risk. We are looking forward to having you in our team.

 

 

How can you make an impact?

 

The TPRM function will take care of end-to-end risk management in the context of third parties, ranging from partnerships and procurement contracts to regulatory Outsourcings. Each of the new hires will be working jointly with other colleagues in the TPRM team, focusing on 2-3 out of the listed areas. New hires focus areas will depend on their background, interest and the function's needs. The areas and their respective main focus are listed below: 

Governance/ Methodology

• Establishing and maintaining the governance framework (policies, procedures, guidelines and Third-Party Risk Strategy)
• Establishing and running appropriate oversight bodies (e.g. TPRM Committee) and doing stakeholder management
• Reporting to Allianz Group's top Management and performing the Regulatory Reporting to the supervisory authority
• Alignment of risk assessment methods and control overlaps across the Allianz governance framework

Risk & Control

• Ensuring regulatory compliance (e.g. with DORA, Solvency II Outsourcing, EU AI Act)
• Monitoring risk mitigation
• Analyzing and mitigating concentration risk in the Group
• Operational risk management and risk assurance reporting and communication

Tooling

• Alignment of the relevant existing IT tools (SAP Ariba, ORGS, Service Now, etc.)
• Development, customization and maintenance of a dedicated TPRM tool 
• Tool integration, governance, compliance and data management incl. establishing and maintaining an integrated data model

TPRM as a Service - Service Management

• Service Delivery Management (IT services to organization, SLAs, ...) of a service run out of AZ Technology and AZ Services
• Incident and problem management

Contract Change & Maintenance

• Coordination of regulatory changes as well as of change requirements from individual functions
• Coordination of contract change projects and monitoring of Contract Performance

Testing/Quality Assurance

• Test strategy (incl. definition of metrics and reporting) planning, execution and reporting
• Automation strategy, data management and Data quality
• Functional monitoring to ensure sufficient oversight over OE TPRM functions

Partner Interface

• Point of contact for external partners, relationship management
• Ensure partnership selection and framework are aligned with the Group's internal rules

 

 

What are you made of?

Minimum Qualifications

• Relevant University degree (business, law, risk management, etc.) 
• Team player, strong networker, ability to work on cross-functional and cross OE topics
• Fluent English and any additional language skills also welcome
• Advanced user of MS Teams and MS Office
• Attention to detail, critical thinking
• Project management skills and problem-solving attitude

In addition, these area specific qualifications would be a plus if you are interested in working for a specific area: 

• Governance/ Methodology: Experience in estab