Role Description
- As our Senior Governance and Assurance Officer, you will design, set and assure adherence to our standards, controls and functional rules for Outsourcing and Third Party Risk 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 Outsourcing and TPRM.
- You will ensure our requirements under our Outsourcing and 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.
- This will be a hybrid role, working two days a week from our Guildford office
Pay: Circa £65,000 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
- You will be taking ownership of UK Outsourcing and TPRM standards; maintaining on behalf of Chief Operating Officer in line with Group Standards, local Regulatory requirements and best practice
- Supporting and enhancing the Outsourcing and Third-Party Risk Management function, advising on regulatory requirements and best practice, providing quality assurance and governance to ensure and report on compliance
- Supporting 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 Outsourcing& TPRM operational support, guidance, and operational subject matter expertise to stakeholders, supporting implementation of key initiatives
- Defining appropriate monitoring mechanisms in line with the Group Outsourcing and TPRM Functions to measure and steer the Local Outsourcing and TPRM frameworks. This includes their integration into the Non-Financial Risk Management framework
- Collaborating 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 Outsourcing and TPRM Governance forum in support of regulatory monitoring and reporting requirements across supply chain and beyond – 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
- 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 practises
- 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 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
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
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.
Diversity& Inclusion
At Allianz, we prioritize diversity and inclusion, 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.
[email protected]
For any inquiries or to submit your application, please contact: Scott Burns
If you are an at-risk candidate facing potential redeployment, please include this information in your CV.
Closing date: 20/6/2025
We reserve the right to close the advert early if we reach enough applications.
Join us - Let’s Care for Tomorrow.
#LI-Hybrid
75373 | Procurement | Professional | Non-Executive | Allianz UK | Full-Time | Permanent
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