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Senior Risk and Compliance Analyst

Job Level:  Professional

Sydney, NSW, AU, 2000

Due Date:  ASAP
Area of Expertise:  Risk Management
Unit:  Allianz Australia
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  9169

At Allianz, we care for all the things that make you, you. For feeling like you belong. For a place where learning never stops. For growing new skills and opening up exciting possibilities. For your curiosity to thrive and help transform an industry. And when life twists, there’s flexibility for balance and the support you need. We know that flexible work comes in different forms, that’s why we’re embracing hybrid teams - enabling employees to maintain a balance of working both in the office and remote, supporting the needs of both the business and individual. So, come and share your ideas, give back and feel proud to be part of a company doing work that matters across climate change and mental health. Let’s care for everyone’s tomorrow so we can create a better future together.

The primary purpose of this Line 1 role is to assist in managing the implementation and execution of the risk and compliance management framework, partnering with the business to ensure that current and emerging risks are appropriately identified, assessed and monitored.



You'll be responsible for:



  • Provide analysis of thematic risk and compliance issues arising from control self-assessment results, compliance incidents/breaches, risk incidents and operational losses, escalating incidents/breaches to relevant stakeholders.
  • Develop templates and tools to support consistent application of risk and compliance frameworks.
  • Support the business with the development, execution and monitoring of remedial activity for operational loss/compliance incidents.
  • Provide insights on root cause(s), identify actions to be implemented to prevent such losses in the future and ensure operational loss/compliance incidents are resolved in a timely manner.
  • Facilitate workshops to undertake risk and control assessments, maintaining relevant documents
  • Act as an advisor on risk and compliance matters and in the development of processes to manage risk and compliance in line with the current Risk Management Framework.
  • Guide management in developing action plans to address current/emerging business and compliance risks.
  • Prepare appropriate report(s) on risk and compliance performance.
  • Implement Line 1 control assurance program and maintain internal control framework documentation.




Important to your success:


  • Tertiary qualifications in a relevant discipline.
  • Experience in an analyst, audit or risk and compliance role for a complex, matrixed general insurance / financial services organisation.
  • Demonstrated technical understanding of design and operating effectiveness of controls.
  • Proven analytical and critical thinking capability to interpret a range of data, identify patterns, trends and links that inform judgements and solutions.
  • Ability to interpret and analyse complex information, extract meaningful insights and evaluate options for decision-making.
  • Ability to plan and prioritise effectively, organise tasks and manage competing resources and demands.
  • Excellent verbal and written communication skills, capable of communicating with audiences at all levels with clarity, impact and influence.


What's on offer?

  • Access on-demand lifelong learning and take control of your career development.
  • Learn through being supported and encouraged to take on new challenges that will help you to develop new skills
  • Be part of a team that’s open-minded, supportive, approachable and genuinely focused on customer outcomes
  • We understand about work-life balance, we are always willing to discuss flexible & remote working options with our employees. Allianz is an accredited
  • FlexReady employer.
  • Access a range of benefits, such as discounts at retailers, travel firms, health insurers, gyms and financial institutions, alongside a significant discount on Allianz insurance products.



About us
Allianz 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 do this through delivering a great customer experience that is the result of appreciating each other every single day, showing heart by really listening and seeing things from the perspective of others by always asking, "how can I help?". Allianz is committed to enabling a culture where inclusion is embedded, everyone belongs and new ideas are embraced. We welcome and value talent from all backgrounds, experiences and ways of working Please advise us if you require any reasonable adjustments to fully participate in the recruitment process or perform the requirements of the role.  As a requirement of your role, it may be necessary from time to time for you to attend the workplace. In accordance with our COVID-19 Vaccination Policy, all entrants to Allianz operated workplaces in Australia (includes attending a customer or vendor site to conduct work on behalf of Allianz), must be fully vaccinated against COVID-19 (includes booster shot, where mandated by local health authority), unless the employee can present a valid medical exemption certificate. 

Let’s care for tomorrow. For a career with plenty of room to grow. Care to join us?