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Senior IT Risk Manager (m/f/d) in Group Risk

Job Level:  Management

München, DE, 80802

Due Date:  02/01/2022
Area of Expertise:  Risk Management
Unit:  Allianz SE
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  4340

Job Purpose/Role

Allianz SE is the global headquarter of the Allianz Group. Our employees reflect the Group's geographic and functional diversity. Within Allianz SE, Group Risk is responsible for monitoring and reporting on the Group's overall risk profile supporting the management to foster Allianz's financial strength and to support value-focused company leadership.

The IT Risk Management team (ITRM) is the expert team to insure excellence in enterprise risk management and internal control system effectiveness for the Allianz Group and the OEs. Additionally, the ITRM team is the operative IT Risk team for the Allianz SE and as such, supports the GR-RCSE team in performing their independent risk oversight of all direct and operational activities of Allianz Holding. Together with the GR-ORM team, GR-ITRM performs the Group TRA.


Key Responsibilities

  • Further develop and ensure 2nd Line risk oversight for IT Risk Management
  • Provide oversight on processes and follow-up measures to assess the functional effectiveness of Local and Group IT risks, and if needed, participate &/or run OE peer-reviews
  • Provide quarterly &/or ad-hoc Group reporting on the internal control system with focus on IT processes and ensure that identified operational losses resulting from these IT risk events are reported in Group Risk databases
  • Support and maintain the global IT-in-IRCS roll-out
  • Monitor adherence to Group Risk policies and standard (e.g. integrated Risk and Control System; IRCS)
  • Ensure transparent and effective identification of IT risks and respective remediation plans where needed; provide input for the qualitative risk scoping of the Group Operational Risk Catalogue on a yearly basis
  • Collaborate with 1st Line (GTA, GIS, GP&R and AZ Technology) in the identification of key and emerging IT risks, including appropriate measures in line with the risk appetite of the Group
  • Provide risk assessment support on large or complex IT projects (Group and Local), including feedback within H2 and to the Group IT Committee (ITCo)
  • Represent Group Risk in relevant Committee(s) / meetings (e.g., Group Information Security Working Group) / risk assessment workshops: analyze risks, offer constructive challenge and new ideas
  • Identify best practices and assist in the definition and implementation of IT risk development plans
  • Analyze new risk issues and ensure an efficient communication from and to OEs
  • Interact with Local and Group business functions to ensure proper consideration and awareness of risk aspects
  • Be the voice“ of the OEs in the development of new risk steering concepts to ensure efficient and targeted governance structures
  • Undertake (2nd Line) operational IT risk management-related activities for Allianz Holding (e.g., perform annual RCA & Scenario Analysis workshops and Top Risk assessments; prepare GFRC presentations / Qualitative Risk Reports / Internal Control Reports; report IT losses in ORGS; etc.)


Key Requirements/Skills/Experience


  • Master in Computer Science, Physics, Mathematics, Business Information System or related field is required
  • Professional certifications in IT Risk Management, Information Security and/or IT Audit (CRISC, CISM, CISA, ISO 27xxx, ISO 31000), Project Management (PMI, PMP) – Process Management (e.g. ITIL) is a plus
  • Excellent command of German and English (written and spoken)
  • Knowledge of insurance/reinsurance core value chain processes


Experience & Key skills

  • Minimum 10+ years of significant, professional experience in information technology, with deep understanding of information security, IT architecture, IT operations, and/or Allianz IT systems & processes, including best practices (ISO27XXX, ITIL, COBIT, ISAE/SOC, etc.)
  • Ability to develop and implement processes, standards and system functionalities for IT risk management, OPEX Black Belt, Six Sigma is a plus
  • High level of commitment and interest to work in a dynamic and demanding environment
  • Self-motivation, excellent analytical (including synthetization of detailed data into high level summaries), organizational and communication skills, and the ability to work independently as well as in a team environment
  • Ability to establish relationships across all business areas and multiple stakeholders locally and in Group - a communicative and collaborative mindset is an absolute must!
  • International working experience and enjoy working in an international department 


Additional Information
We offer: Career development programs, Workwell@AllianzSE, Flexible working arrangements
Please submit your applications only via our online tool


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.
Great to have you on board. Let's care for tomorrow.
Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.