Third Party Risk Management Specialist

Allianz Services is proud to serve and be part of Allianz Group, one of the world's leading insurers and asset managers. Our global footprint, with more than 7,300 employees located across ten countries and four continents, enables us to unlock value for our partners across the insurance value chain and deliver superior client experience within Allianz Group. At Allianz Services, we have a strong specialization in core insurance operations, shared services, business analytics, engineering, and management consulting. Our people and our trusted relationships with partners are what matter most. These are rooted in our values of compassion, integrity, and expertise and we strive to continuously evolve, improve, and deliver excellence while contributing successfully to the transformation of Allianz. Caring actively for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow.

Job role

The Third Party Risk Management Specialist manages the run of Third Party Risk Management & Outsourcing across Allianz Operational Entities (Clients) to ensure compliance with Allianz company for  Digital Operational Resilience Act (DORA) and other regulatory requirements while staying in close co-operation with stakeholders and vendors. 
Further, the Senior Expert contributes to the harmonization of the TPRM process landscape, create synergies between adjacent safeguarding functions and takes proactive risk management measures. 

What you will do

• Manage and oversee efficient and effective implementation of Allianz Third Party Risk Management Standard and Outsourcing Policy across Allianz Operating Entities to ensure compliance related to DORA and other regulatory requirements

• Perform vendor service classification and evaluate vendor security practice, including cloud security, data protection and incident response

• Plan and facilitate completion of all Risk and Control Assessments for vendor population

  Technical Skills:

• Enable operational execution of activities related to vendor risk management and of the overall TPRM process using the internal tools and platforms (e.g. ServiceNow)

   

• Collaboration and Relationship Management:

• Collaborate with relevant departments and stakeholders involved in the process. Lead operational program / processes and ensure the quality & overall successful achievement of objectives is met. 

  Strategic and Analytical Thinking:

• Develop and implement a TPRM delivery & improvement strategy that aligns with business goals

   

  Reporting and Track Record of Risk Mitigation:

• Independently track progress of TPRM actions of operational entities and pro-actively communicate with stakeholders

• Prepare Third Party Vendor Management related reports / dashboards and report to senior management

• Support in  remediation actions required to ensure compliance with the Digital Operational Resilience Act and other regulatory requirement

What you bring

• University degree (Legal, Business, Economics, Computer Science or similar) 
• Over 1 years of relevant working experience in Compliance, Vendor Management, Risk Management, Audit or Contract Management domains
• Familiarity with industry frameworks like ISO 27001, Cybersecurity Framework, SOC 2 and overall understanding of regulations such as GDPR, DORA, etc
• Knowledge of risk assessment methodologies, including inherent risk and residual risk assessment
• We highly welcome candidates with a genuine interest and affinity for Information Technology (IT) and Generative Artificial Intelligence (GenAI), as these attributes are considered valuable assets to our team.

You have

• Strong customer service orientation, developed social skills and cross-cultural experience and ability to operate within a global team environment / work within global virtual teams)
• Fluent English and high quality of oral and written communication skills are necessary, knowledge of German or other languages is a plus. 
• Self-motivated, proactive and customer-centric working style
• Experience in setting priorities and work to tight deadlines
• Ability to deliver high-quality results and takes ownership of initiative