Senior TPRM Governance & Assurance Lead

Role Description

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.

Salary:
Circa £65,000

• 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, Info Sec, 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, including 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, e.g. 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

• 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

• 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

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 you, we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working…