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IT Compliance Specialist (m/f/d)

Job Level:  Professional

Unterföhring, DE, 85774

Due Date:  As soon as possible
Area of Expertise:  IT & Tech Engineering
Unit:  Allianz Global Corporate Specialty
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  586

Job Purpose/Role
We’re looking for an IT Compliance Specialist (m/f/d) for the IT Governance Risk & Compliance (GRC) team at Allianz Global Corporate and Specialty (AGCS) in London, Munich, Cologne, Frankfurt, Hamburg or Stuttgart.


IT GRC is a global team that provides consultancy by driving IT Risk identification and mitigation and facilitates engagement with regulatory bodies. Through these services, we help ensure data integrity to prevent negative financial impact and protect AGCS’s reputation.

As IT Compliance Specialist (m/f/d), you will be responsible for driving the implementation, documentation, maintenance and improvement of controls supporting AGCS IT processes. You will conduct and/or oversee control testing to ensure compliance with corporate standards and industry best practices (COBIT, ITIL). Additionally, you will proactively coordinate the response to internal and external audit findings (such as external audits and ICOFR/Sarbanes Oxley requirements). You will also assist in the identification, the collection and the assessment of key IT Risks, and will support the various IT Departments in the mitigation of risks and the remediation of deficiencies. You will report to the Technical Director IT Governance Risk & Compliance.


Key Responsibilities
IT Internal Controls reviews (ICOFR)

  • Work directly with IT Management and staff to ensure appropriate ownership over and effective testing of key controls
  • Coordinate development of routine procedures and implementation of action steps with the various IT Product teams
  • Review proposed infrastructure & network changes to ensure compliance and approved change control process
  • Conduct ICOFR training for IT staff and promote IT GRC as central point of contact for IT ICOFR and audit reporting
  • Conduct and/or oversee ICOFR control testing to ensure compliance with corporate standards and industry best practices
  • Propose, create and review documentation for IT controls, working with stakeholders to continuously improve and globalize processes


Audit Coordination

  • Coordinate the audit reviews with IT staff
  • Work directly with internal and external auditors to facilitate review process
  • Maintain a repository of evidence requested, collected and submitted to auditors
  • Monitor and report on all audit findings, including non-IT audits where IT findings are determined


IT Risk Management

  • Coordinate regular IT Risk reviews with the Management, assess IT risk level and identify action plans
  • Facilitate Integrated Information Risk Management process for IT, including risk assessments of Business Applications and IT Services
  • Facilitate reporting to AGCS Chief Risk Office


IT Compliance Standards

  • Coordinate the compliance of Group and corporate standards, including but not limited to Group IT Policy, Standards and Functional Rules
  • Coordinate the IT self-assessment of compliance with IT corporate standards and steer the required remediation actions
  • Support IT in communicating and implementing global and Group wide initiatives

Legal and Regulatory Compliance

  • Assist with inquiries from Legal and regulatory entities, coordinating and facilitating responses to inquiries for IT information
  • Develop and improve workflows, processes, compliance standards and documentation requirements, security and control systems
  • Examine external regulations, including mapping of regulations to COBIT 2019 and Group requirements, conducting gap analysis, defining remediation plans and reporting to IT Management
  • Coordinate updates to the Regulatory Legal Compliance Management repository and Corporate Oversight Tool process


Key Requirements/Skills/Experience
You have the following experiences and skills:

  • Master’s degree in related field, preferably in IT or business administration
  • 3-5 years professional IT experience (ideally financial services sector)
  • 2-3 years of experience in IT audit and/or IT internal control
  • Good understanding of processes of insurance business as well as a strong appreciation of risks and controls applicable
  • Experience in managing projects and tasks in a global environment and with remote teams
  • Experience with Sarbanes-Oxley or ICOFR reporting in an IT environment
  • Good understanding of governance, risk and compliance topics
  • Ability to understand and interpret technical designs of databases, platforms, architecture, etc. including ITIL, COBIT
  • Process workflow and documentations skills
  • Experience in IT risk management
  • Knowledge of handling of IT audit and Internal Control and ICOFR/SOX compliance
  • Knowledge of IT security concepts (logical security, access management)
  • Knowledge of ITIL processes
  • Understanding of SDLC (Software development life cycle) and Service Management
  • Excellent communication and presentation skills combined with the ability to tailor communication to a multinational audience
  • Strong business acumen and client service mentality
  • Very good analytical and facilitation skills
  • Proven experience in complex and international organization, as well as the ability to work independently and accurately under time pressure
  • Experience or training in Agile methodology and SAFe framework would be a plus
  • Very good command of the English language (verbal and written) is mandatory. Other languages, especially German, would be beneficial

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. Join us. Let’s care for tomorrow.


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.


Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.


Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.


For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.