Job Purpose/Role
Compliance Manager is responsible for ensuring that Allianz Partners entities adhere to applicable laws, regulations, and internal policies. This role involves managing compliance support for the company's global objectives across all relevant Compliance Risk Areas as per the AZP Compliance Policy. The Compliance Manager will oversee the execution of Compliance Programs, coordinate compliance activities, and serve as a key point of contact for compliance matters with local regulators and management.
Key Responsibilities
Compliance Management:
- Identify and assess compliance regulatory requirements, risks, and trends within local AzP entities, and mitigate these risks based on Allianz Group's Compliance programs.
Implementation And Improvement
- Steer the implementation and continuous improvement of compliance-related requirements and Allianz Group Standards across relevant jurisdictions, fostering alignment across the global operating model and three lines of defense functions.
Regulatory Monitoring
- Monitor regulatory developments, assess their impact, and oversee the implementation of necessary compliance measures.
Process Oversight
- Provide oversight on compliance-related processes and controls.
Review Participation
- Participate in AzP Compliance-related reviews, identify ownership, and drive mitigation activities in alignment with AzP Compliance Quality Assurance Team.
Risk Advisory
- Advise on relevant risks and report to senior-level stakeholders, participate in relevant committees to oversee adherence with AzP local Compliance requirements.
Investigation Oversight
- Analyze and oversee investigations in alignment with AzP Investigation team.
Escalation And Reporting
- Escalate and report compliance topics to relevant stakeholders where required.
Business Advisory
- Advise business functions on compliance-related matters in new and existing business or M&A transactions together with the Global Practice Groups and AzP's Compliance community.
Stakeholder Collaboration
- Support compliance efforts and collaborate with relevant stakeholders to address high-risk situations.
Regulatory Interaction
- Handle interactions with regulatory authorities and address significant compliance issues, maintaining adherence to applicable laws and regulations.
Key Requirements/Skills/Experience
Qualifications & Experience:
- Comprehensive experience in all compliance assigned risk areas within the financial services sector.
- Deep understanding of international compliance laws, frameworks, and familiarity with screening tools and risk management practices.
- Proven ability to lead and develop compliance programs, coordinate cross-functional activities, and adapt to changing regulatory environments and organizational needs.
- University/Master's degree (ideally in Law, Finance, Economics, or related field) or minimum of 5+ years in Financial Crime/Risk/Legal/Regulatory professional roles relevant to the insurance work environment.
- CS/Compliance certification (e.g., ICA, or equivalent) preferred.
Skills
- Confidence in designing and implementing training and communication initiatives.
- Strong analytical and problem-solving skills, with the ability to assess complex situations and make informed decisions.
- Excellent interpersonal and communication skills, with the ability to interact with senior management.
- Experience working internationally and remotely, cooperating with global expert networks across numerous locations.
- Process experience focused on operational excellence to enhance program efficiency and effectiveness.
- Proficient in MS Office Suite and screening tools.
- Fluent written and spoken English language skills.
AI-Related Enhancements
- Data Analytics: Utilize AI-driven data analytics to enhance compliance risk assessment and monitoring processes.
- Automation: Implement automation tools to streamline compliance reporting and regulatory monitoring tasks.
- Machine Learning: Employ machine learning algorithms to predict compliance risks and improve regulatory adherence.
Justification
- Data Analytics enhances the ability to analyze large volumes of compliance data efficiently, ensuring proactive risk management.
- Automation reduces manual workload and increases the speed and accuracy of compliance processes.
- Machine Learning helps in identifying potential compliance risks and improving overall regulatory adherence.
Feedback: Consider incorporating skills related to AI-driven compliance management tools for enhanced reporting capabilities and predictive analytics to forecast compliance trends and identify potential risks.
Note: Allianz Partners does not accept unsolicited CVs or approaches from agencies. We only work with partners on our approved supplier lists, under contract. Any unsolicited submission will not be considered.
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.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
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.
Great to have you on board. Let's care for tomorrow.
