Third-Party Risk Management & Outsourcing Officer

Third-Party Risk Management & Outsourcing Officer

Third-Party Risk Management & Outsourcing Officer will be responsible for overseeing all outsourcing activities within the region. This includes ensuring compliance with internal policies and external regulations, supporting business owners in managing their outsourcing contracts, maintaining accurate outsourcing records, and facilitating periodic reviews and audits. The role requires close collaboration with various stakeholders and the Group Outsourcing Function .

What you do

Policy & Compliance Management:

• Collaborate with the Local Entity Third-Party Risk Management (LE TPRM) function to ensure compliance with internal outsourcing policies and guidelines.
• Ensure the adoption of Local Outsourcing Procedures (LOP) where required.
• Identify and escalate any conflicts between company policies and local laws or regulations, requesting approvals for necessary deviations.

Outsourcing Documentation & Reporting:

• Ensure all outsourcing agreements and supporting documentation (e.g., risk assessments, business plans, due diligence, and approvals) are centrally stored in the Global Office Outsourcing SharePoint repository.
• Maintain an up-to-date inventory of all outsourcing agreements using the Group’s reporting template to allow for quick reporting as needed.

Monitoring & Issue Resolution:

• Monitor the implementation of the outsourcing process as per company policies. Conduct self-assessments and reviews to identify any material gaps and report them to relevant functions for remediation.
• Support designated Business Owners in their tasks related to outsourcing agreements, including training and providing guidance.

Yearly and Ad Hoc Tasks:

• Conduct annual outsourcing self-assessments and update the yearly outsourcing inventory.
• Support audits, regulatory reviews, and the implementation of any findings or recommendations.

Operational Oversight:

• Ensure proper implementation of Allianz Partners’ outsourcing framework throughout all contract phases.
• Regularly upload necessary documents to SharePoint and ensure documentation is kept up-to-date.

What you bring

• Bachelor’s degree in Business Administration, Risk Management, or a related field
• 5+ years of experience in outsourcing management, procurement, or a related compliance function.
• Knowledge of third-party risk management and outsourcing regulations (e.g., ACPR findings, regulatory frameworks).
• Experience in managing outsourcing documentation and working with internal/external audits.
• Fluent English is mandatory, German is a plus.

What we offer

Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey. We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

76139 | Operations | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent

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.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.