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Outsourcing Oversight Manager (f/m/d)

Job Level:  Professional

Frankfurt, DE, 60323

Available until:  24.03.2023
Area of Expertise:  IT & Tech Engineering
Unit:  Allianz Global Investors
Employing Entity:  Allianz Global Investors GmbH
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  21730

Join us. Let’s care for tomorrow.


At Allianz Global Investors our people enjoy motivating, fulfilling careers. If you are looking for a fast-paced working environment, you are resolved to cultivate and expand your talents and relish a challenge, then join us now!


We are committed to giving our people – experienced and energetic professionals alike – the opportunities and experiences they seek to thrive and gain personal fulfilment. We will work with you to craft your own career, develop your personal growth, and align your achievements with your ambitions.


We are looking for you! We are currently hiring a forward-thinking and results-oriented Outsourcing Oversight Manager (f/m/d). This position is based in our Frankfurt office and reports directly into the Head of Enterprise Data & Process Office.


Withing this exciting role, you will be responsible to take the contract and vendor compliance capability to the next level. You will operate at multiple levels within the organization, designing and implementing a multidisciplinary oversight framework, closely handling Business Owners and process partners.


Key Responsibilities:


  • Be responsible for the extension and evolution of the contract and vendor compliance framework including, but not limited to standards, processes, systems, templates, methods

  • Set the compliance standards for contracts and outsourcing relationships jointly with other process owners (e.g. Data Privacy, Risk Management, Legal and Compliance, Information Security, Business Resilience, Vendor Management)

  • Enact oversight and central coordination of key regulatory, business agnostic processes (e.g. pre-screening, initial and regular due diligence, risk assessment, exercise audit rights)

  • Define, provide and evolve contract and vendor compliance reporting capabilities for senior management

  • Conduct independent spot checks of individual contract relationships with regards to their compliance status

  • Guide, advise and supervise Business Owners to identify non-compliant contract relationships and recommend required actions to accurate deviations

  • Act as key counterpart to Risk Management, Legal and Compliance for the holistic oversight framework and for adoption of new regulations impacting contracts

  • Continuously integrate the contract and vendor compliance framework into the overall compliance framework for business applications, contracts and vendors


Key requirements:


  • University degree in Business Administration, Economics, Law, Business Management or related field of study

  • Knowledge of national and international regulatory requirements in the financial services industry

  • Proven ability to transfer regulatory requirements into operational processes Experience in analyzing, implementing and supervising regulatory requirements

  • Multiple years of experience in Vendor Management, Contract Management, Outsourcing Management or other related roles

  • Ability to develop practical guidelines and templates by combining regulatory understanding with business and process knowledge

  • Experience in running large size (international) projects or programs and in introducing and leading change

  • Strong analytical and problem-solving skills

  • Proactive and client-centric approach, combining diplomacy and assertiveness

  • Superb interpersonal skills to be applied in conveying impactful recommendations to senior management / partners

  • Proficiency in English required, further languages would be highly helpful



About Allianz Global Investors


Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing EUR 521 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives.


Active is: Allianz Global Investors

Data as at 30 September 2022. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Asset Management companies are responsible vis-á-vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor. This excludes assets for which Allianz Asset Management companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group.