At a Glance
- Tasks: Lead Third Party Risk Management, ensuring compliance and driving cross-functional collaboration.
- Company: Join Allianz Commercial, a diverse and inclusive employer committed to innovation.
- Benefits: Enjoy flexible working, competitive salary, and extensive career development opportunities.
- Other info: Flexible hours and hybrid working options to support your work-life balance.
- Why this job: Make a real impact in governance while working with a leading global insurance brand.
- Qualifications: Experience in risk management and procurement, with strong understanding of regulatory frameworks.
The predicted salary is between 61408 - 75000 £ per year.
This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
As our Senior Governance and Assurance Officer, you will design, set and assure adherence to our standards, controls and functional rules for Third Party Risk Management activity. You will drive cross-functional teams to ensure activities are conducted smoothly, effectively and allow us to demonstrate compliance with Group and regulatory requirements relating to TPRM. You will ensure our requirements under TPRM policies are defined and conducted correctly, assessed for quality and appropriately stored for audit and compliance purposes. You will work with leaders across the business, supporting understanding and adherence to their regulatory obligations. Sitting within a team that values autonomy, organisational visibility, collaboration and ongoing personal development, you will play a pivotal role in delivery of our future state TPRM governance ambition.
Salary: Circa £65,000
Key Accountabilities
- Ownership of UK TPRM standard aligned to Allianz Group; maintaining on behalf of Chief Operating Officer in line with Group Standards, local Regulatory requirements and best practice.
- To support and enhance the Third-Party Risk Management function, advising on regulatory requirements and best practice, providing quality assurance and governance to ensure and report on compliance.
- Support Procurement/ supply chain management teams in ensuring that risks (ESG, Financial, Ethical, InfosSec, concentration etc) and associated mitigation activity always reflects best practice, current regulatory and Group standards.
- Responsible for providing ongoing TPRM operational support, guidance, and operational subject matter expertise to stakeholders, supporting implementation of key initiatives.
- Define appropriate monitoring mechanisms in line with the Group TPRM Functions to measure and steer local TPRM framework and related policies. This includes their integration into the Non-Financial Risk Management framework.
- Collaborate with safeguarding teams to integrate third-party risk considerations into the overall operational model and measure/ assure compliance in relation to supplier due diligence, for example, timely Privacy Impact Assessments and Information Security assessments are conducted.
- Lead coordination and reporting for quarterly Outsourcing and TPRM Governance forum in support of regulatory monitoring and reporting requirements across supply chain and reviewing and sharing thematic risk updates.
- Support notification to supervisory authority in accordance with the stipulated timelines set by the regulation.
- Leading on internal audit and compliance actions for TPRM function.
Essential Skills
- Knowledge and understanding of procurement, and risk management processes, specifically due diligence and risk assessment and remediation activities.
- Understanding of supplier assurance and relationship management practices.
- Excellent understanding of corporate risk/ risk management frameworks and processes as demonstrated by experience working in Financial/ Insurance sectors in Assurance/ SRM/ TPRM roles.
- Working knowledge of applicable regulations to a TPRM function operating in a UK Financial Services entity.
Desirable Skills
- Understanding of applicable European Procurement, Operational Resilience, Outsourcing and TPRM regulations.
- Experience of interacting with the PRA, FCA and/or the Bank of England.
- Experience of aligning cross-country Group vs Local standards.
- Responsible Artificial Intelligence Usage.
What We Will Offer You
Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that's perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That's on top of enjoying all the benefits you'd expect from the world's number one insurance brand, including:
- Flexible buy/sell holiday options.
- Hybrid working.
- Annual performance related bonus.
- Contributory pension scheme.
- Development days.
- A discount up to 50% on a range of insurance products including car, home and pet.
- Retail discounts.
- Volunteering days.
Our Ways of Working
Do you need flexibility with the hours you work? Let us know as part of your application and if it's right for our customers, our business and for you, then we'll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.
Senior Governance and Assurance Officer (TPRM) in Surrey employer: Allianz Commercial
Allianz Commercial is an exceptional employer that champions inclusivity and diversity, offering a supportive work culture where employees can thrive. With a strong focus on personal development, flexible working options, and a comprehensive benefits package, including generous holiday options and career advancement opportunities, Allianz empowers its team members to achieve their professional goals while maintaining a healthy work-life balance. As a leader in the insurance industry, employees benefit from being part of a globally recognised brand that values innovation and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Governance and Assurance Officer (TPRM) in Surrey
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities you might not find on job boards.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Knowing Allianz's values and how they align with your own can give you an edge during the conversation.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We want you to sound confident and authentic, so don’t just memorise – make it your own!
✨Tip Number 4
Apply through our website for the best chance of getting noticed. It shows you're serious about the role and helps us track your application more effectively.
We think you need these skills to ace Senior Governance and Assurance Officer (TPRM) in Surrey
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Governance and Assurance Officer role. Highlight your experience in Third Party Risk Management and how it aligns with our standards and regulatory requirements.
Showcase Relevant Experience:We want to see your expertise in procurement and risk management processes. Be specific about your past roles and how they relate to the responsibilities outlined in the job description.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website:Don’t forget to submit your application through our official website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Allianz Commercial
✨Know Your TPRM Inside Out
Make sure you brush up on your knowledge of Third Party Risk Management. Understand the key regulations and best practices that apply to the role, especially those relevant to the UK Financial Services sector. This will not only help you answer questions confidently but also show your genuine interest in the field.
✨Showcase Your Collaborative Spirit
Since the role involves working with cross-functional teams, be prepared to discuss examples of how you've successfully collaborated in the past. Highlight your ability to drive initiatives and support stakeholders, as this will demonstrate that you can thrive in a team-oriented environment.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and understanding of risk management processes. Think of specific situations where you had to assess risks or ensure compliance, and be ready to explain your thought process and the outcomes.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about the company's approach to TPRM, their future goals, or how they measure success in this role. This shows that you're not just interested in the job, but also in contributing to the company's vision.
