Third-Party Risk Management & Outsourcing Officer

Third-Party Risk Management & Outsourcing Officer

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Job Overview

The Third-Party Risk Management Officer is part of the Protection & Resilience function within Allianz Partners Operations. The TPRM Officer is responsible for developing, implementing, and overseeing an effective third-party risk management program to ensure the organization’s vendors and partners adhere to compliance standards and pose minimal risks to the business. This role involves assessing, monitoring, and mitigating risks associated with third-party relationships.

Key Responsibilities

• Conduct risk assessments for potential third‑party relationships to evaluate their impact on the organization.
• Analyze and quantify risks associated with third‑party engagements and communicate findings to relevant stakeholders.
• Conduct thorough due diligence on potential third‑party vendors and partners.
• Evaluate third‑party compliance with regulatory requirements and industry best‑practice standards.
• Develop and maintain third‑party risk management policies and procedures.
• Ensure that all third‑party relationships comply with internal and external policies.
• Review and negotiate contractual terms related to security, data protection, and compliance with third‑party vendors.
• Work closely with legal teams to ensure contracts include appropriate risk mitigation clauses.
• Establish and maintain a monitoring process for ongoing assessment of third‑party risk.
• Generate regular reports on the status of third‑party risk and present findings to senior management.
• Develop and implement incident response plans specific to third‑party risks.
• Coordinate with relevant departments to address and resolve incidents related to third‑party relationships.
• Provide training and awareness programs for internal stakeholders on third‑party risk management.
• Foster a culture of risk awareness and compliance within the organization.

Key Qualifications

This job description serves as a general template and may be customized based on the specific needs and requirements of the organization.

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Finance and Sales

Industries

Financial Services and Insurance

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 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.

Join us. Let’s care for tomorrow.

Allianz Partners | Full‑Time | Permanent

84358 | Operations | Professional | Non‑Executive | Allianz Partners | Full‑Time | Permanent

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