Risk and Compliance Manager

Job description

RISK AND COMPLIANCE MANAGER | DATA & ANALYTICS DIVISION | SYDNEY/MELBOURNE/BRISBANE

At Allianz, we’re proud to be named one of the Best Workplaces in Australia 2025 and a Great Place to Work. As a leading global insurance and asset management brand, we prioritise care for our customers, the planet, and each other. We hire the very best people to further our commitment to caring and securing the future for our customers.

We offer an inclusive workplace where everyone feels like they belong, while promoting a culture of lifelong learning, development, and global mobility. Join us and share your ideas, be inspired, give back to the community and feel proud to be a part of an organisation doing meaningful work that matters while supporting sustainability, mental health, and well-being.

Let’s care for tomorrow, so we can create a better future together, for everyone.

About the role

The Line 1, Risk and Compliance Manager role manages the implementation, execution and monitoring of the risk and compliance management framework, partnering with the business to ensure that current and emerging risks are appropriately identified, assessed and monitored. This role sits within the Data & Analytics division, which includes Data & AI Governance.

Your responsibilities include:

• Support the business in the development, execution, and monitoring of remedial actions for operational loss and compliance incidents.
• Perform root cause analysis, identify preventive actions, and ensure timely resolution of operational loss and compliance issues.
• Facilitate risk identification and control assessments as part of key strategic projects and business changes.
• Conduct workshops to undertake risk and control assessments, maintaining and updating relevant documentation.
• Act as an advisor on risk and compliance matters, guiding the development of processes aligned with the Risk Management Framework.
•  Monitor key risk indicators, and report on internal control performance to stakeholders.
• Strengthen the divisional risk culture by increasing awareness of risk management and compliance practices and preparing performance reports.

About you

To be successful in this role, you will have:

• Relevant qualifications: Tertiary qualifications in disciplines such as law, risk and compliance, analytics, or related fields.
• Extensive experience: Proven track record in audit or risk and compliance management within complex, matrixed general insurance or financial services organisations.
• Strong analytical skills: Demonstrated ability to analyse diverse data sets, identify patterns, trends, and connections, and derive actionable insights to inform decisions and solutions.
• Technical expertise: In-depth understanding of the design and operational effectiveness of controls, ensuring robust risk management practices.
• Innovative problem-solving: Highly developed problem-solving abilities paired with a curious and creative mindset to address challenges effectively.
• Strategic insight: Exceptional capability to interpret and analyse complex information, extract meaningful insights, and evaluate options for sound decision-making.
• Organisational excellence: Strong planning and prioritisation skills to manage tasks and projects efficiently.
• Exceptional communication: Outstanding verbal and written communication skills, with the ability to engage and influence stakeholders at all levels with clarity and impact.

Benefits and perks

• Inclusive Culture: Join a supportive, open-minded team focused on customer outcomes, bringing your authentic self to work every day!
• Work-life balance: Enjoy our flexible, hybrid work arrangements, and tailored workplace adjustments, where possible.
• Career Development: Access mentoring, development and global mobility opportunities for growth and success, including access to over 10,000 learning resources.
• Financial and Well-being Perks: Enjoy discounts on Allianz products, retail, tech, and travel, plus financial wellness initiatives and the Employee Share Purchase Program- own a piece of your employer!
• For more details about our benefits, visit the Allianz Careers site.

About Allianz Group

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Adjustments and support

If you require any support and adjustments to participate equitably in our recruitment process, we encourage you to reach out to careers@allianz.com.au for a confidential conversation.

Join us. Let’s care for tomorrow. www.allianz.com.au/careers