Senior Third Party Risk Consultant

Senior Third Party Risk Consultant

Full-Time 60000 - 75000 £ / year (est.) Home office (partial)
Allianz

At a Glance

  • Tasks: Lead third-party risk management and ensure compliance with regulatory standards.
  • Company: Join Allianz, a global leader in insurance with a commitment to innovation.
  • Benefits: Enjoy flexible working, competitive salary, and a range of perks tailored for you.
  • Other info: Embrace a hybrid work culture that values diversity and inclusion.
  • Why this job: Make a real impact on risk management while developing your career in a supportive environment.
  • Qualifications: Experience in risk management and strong communication skills are essential.

The predicted salary is between 60000 - 75000 £ per year.

Allianz are looking for a Senior Third Party Risk Consultant to join our Third Party Risk Management (TPRM) function and support the delivery of robust governance in line with regulatory requirements and Group standards. This role will play a key part in supporting the effective implementation and ongoing maturity of the TPRM framework across Allianz UK, ensuring that third-party risks are understood, managed and evidenced appropriately.

As our Senior Third Party Risk Consultant, you will provide subject matter expertise, quality assurance and governance oversight across the TPRM lifecycle. You will work with business owners, procurement and control functions to ensure that third-party risk activities are performed consistently, meet regulatory expectations, and are supported by clear, audit-ready evidence. You will contribute to the delivery of a strong control environment by supporting risk assessments, providing guidance on regulatory requirements, and helping to embed consistent and effective TPRM practices across the business.

Sitting within a team that values collaboration, accountability and continuous improvement, you will play an important role in strengthening Allianz UK’s third-party risk management capability and supporting the delivery of our operational resilience and governance objectives. This is a hybrid role based in our Guildford office.

Salary Information

Pay: Circa £58,000 per year. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

  • Support the delivery and continuous improvement of the UK TPRM framework in line with Allianz Group standards, regulatory requirements and internal policies.
  • Provide quality assurance across the TPRM lifecycle, including due diligence, risk classification and risk assessment outputs, ensuring consistency, completeness and appropriate evidence.
  • Support the identification, assessment and management of third-party risks, providing subject matter expertise and guidance to business owners on risk treatment and control expectations.
  • Contribute to concentration risk assessments, thematic risk analysis and wider insight generation to support risk transparency and decision-making.
  • Ensure that TPRM data, including the register of information, is accurate, complete and maintained to support reporting, governance and regulatory obligations.
  • Produce and support reporting for TPRM governance forums, including the preparation of materials to support oversight, challenge and decision-making.
  • Act as a key point of contact for TPRM-related queries, working closely with business owners, procurement and risk and control functions to coordinate activities and resolve issues.
  • Support the coordination of due diligence, risk assessments and remediation actions, ensuring that timelines are met and outcomes are appropriately tracked and evidenced.
  • Contribute to the implementation of regulatory requirements (e.g. outsourcing, DORA) by ensuring that TPRM processes and documentation meet required standards.
  • Operate as the Group TPRM working group liaison, influencing development and supporting roll-out of initiatives.
  • Lead on roll-out and support of TPRM tooling.
  • Support internal audit, regulatory interactions and remediation activity, maintaining high-quality, audit-ready documentation and evidence.

Essential Skills

  • Experience in third-party risk management, supplier assurance, risk management or governance roles.
  • Strong understanding of risk management frameworks, including due diligence, risk assessment and control evaluation.
  • Knowledge of regulatory expectations relating to outsourcing and third-party risk within a financial services environment.
  • Ability to analyse risk information and provide clear, actionable insight to stakeholders.
  • Strong stakeholder engagement and communication skills, with the ability to influence and guide business owners.
  • High attention to detail, with a focus on data quality, governance and audit readiness.

Desirable Skills

  • Experience working within a regulated financial services environment.
  • Understanding of UK and European regulatory requirements including DORA and outsourcing frameworks.
  • Experience of working across Group and local standards and supporting their alignment.
  • Exposure to audit, regulatory engagement or control remediation activities.
  • Understanding of Responsible AI principles.

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.

Integrity, Fairness, Inclusion & Trust

At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.

We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success. We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.

Accessible Application for All

As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role. Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.

For any inquiries or to submit your application, please contact: Matthew Irvine.

Closing date 13th July 2026. We reserve the right to close the advert early if we reach enough applications.

Join us - Let’s Care for Tomorrow.

Senior Third Party Risk Consultant employer: Allianz

Allianz UK is an exceptional employer that prioritises employee well-being and professional growth, offering a hybrid working model from our Guildford office. With a strong focus on collaboration, accountability, and continuous improvement, we provide a comprehensive benefits package, including flexible holiday options, career development opportunities, and a commitment to diversity and inclusion. Join us to be part of a supportive team that values your contributions and fosters a culture of innovation and work-life balance.

Allianz

Contact Details:

Allianz Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Third Party Risk Consultant

Join Compliance Communities

Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!

Attend Industry Conferences

Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.

Leverage Your University Career Services

If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.

Showcase Your Knowledge Online

Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Allianz looking for candidates who are engaged and informed.

We think you need these skills to ace Senior Third Party Risk Consultant

Third-Party Risk Management
Supplier Assurance
Risk Management Frameworks
Due Diligence
Risk Assessment
Control Evaluation
Regulatory Compliance

Some tips for your application 🫡

Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!

Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.

Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!

Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Allianz. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!

How to prepare for a job interview at Allianz

Master the Regulations

Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!

Show Your Analytical Skills

Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!

Know Your Tools

Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!

Align with Company Culture

Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Allianz’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!