IT Risk analyst with focus on Governance and Strategy

At Allianz Services, we provide high-quality services and support to the Allianz Group, helping to drive efficiency and operational excellence across diverse functions. As a key outsourcing partner, we reflect Allianz’s global diversity and commitment to innovation, offering career growth opportunities in a collaborative and dynamic environment. Join us in shaping a better tomorrow.

As an IT Risk Analyst within Allianz Services, you will play a crucial role in maintaining the integrity of the risk management framework by reviewing and consolidating IT risk-related information provided by the first line of defense, ensuring its integration into the Non-Financial Risk Management (NFRM) system. Based in Spain, you will collaborate with local and global teams to develop and maintain technology risk governance frameworks and support the identification, assessment, and mitigation of operational risks, while ensuring alignment with global standards.

What you do

• Develop and maintain the local IT risk governance framework in line with group standards.
• Review and update the 1LoD-owned technology risk-related corporate rulebook.
• Prepare reports and presentations for local risk management committees and the IT Risk Council.
• Support the review of 1LoD risk activities, providing expert input on risk strategy and governance.
• Maintain IT risk-related frameworks (taxonomy, control objectives, risk statements) adapted to local operations.
• Manage the local IT Risk framework, coordinating with 1LoD and 2LoD standards.
• Oversee the local implementation of the ITRM framework and monitor 1LoD activities, including conducting control testing and scenario analyses to identify and mitigate risks.
• Facilitate decision-making by documenting, reporting, and addressing IT-related risks raised by the 1LoD, ensuring adequate risk management and reporting processes.
• Collaborate with local departments and stakeholders (Risk Owners, Process Owners, and Risk Experts) to ensure effective risk management processes.
• Prepare and present risk-related reports to local and global management, ensuring risks are identified, documented, and addressed.

What you bring

• Degree in IT, Computer Science, Risk Management, Finance, Economics, or related fields; advanced degrees or certifications are a plus.
• 3-5 years in insurance, financial sectors, or relevant businesses, with experience in IT risk management and governance frameworks.
• Hands-on experience with IT risk policies, strategy development, control testing, scenario analysis, and risk reporting.
• Familiarity with regulatory requirements (e.g., BaFin) is beneficial.
• Strong communication, teamwork, and interpersonal skills for consulting with 1LoD and collaborating internationally.
• Strong analytical and problem-solving skills for IT risk identification and mitigation
• Ability to facilitate discussions, prepare reports, and present findings to management.

 What we offer

• We offer a hybrid work model which recognizes the value of striking a balance between in-person collaboration and remote working incl. up to 25 days per year working from abroad.
• We believe in rewarding performance and our compensation and benefits package includes a company bonus scheme, pension, employee shares program and multiple employee discounts (details vary by location).
• From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
• Flexible working, health and wellbeing offers (including healthcare and parental leave benefits) support to balance family and career and help our people return from career breaks with experience that nothing else can teach.

About Allianz Technology / Allianz Services

Allianz Technology is the global IT service provider for Allianz and delivers IT solutions that drive the digitalization of the Group. With more than 13,000 employees located in 22 countries around the globe, Allianz Technology works together with other Allianz entities in pioneering the digitalization of the financial services industry.

We oversee the full digitalization spectrum – from one of the industry’s largest IT infrastructure projects that includes data centers, networking, and security, to application platforms that span from workplace services to digital interaction. In short, we deliver full-scale, end-to-end IT solutions for Allianz in the digital age.

D&I statement

Allianz Technology is proud to be an equal opportunity employer encouraging diversity in the working environment. We are interested in your strengths and experience. We welcome all applications from all people regardless of gender identity and/or expression, sexual orientation, race or ethnicity, age, nationality, religion, disability, or philosophy of life.

Join us. Let´s care for tomorrow.

You. IT

59757 | IT & Tech Engineering | Professional | Non-Executive | Allianz Technology | Full-Time | Permanent