Head of Third-Party Risk Management (TPRM) Service

Job Level:  Management
Location: 

Bucharest, Bucuresti, RO, ROU: 02033

Area of Expertise:  Operations
Unit:  Allianz Services
Employing Entity:  Allianz Services S.R.L.
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  104645
Position Cluster:  Allianz Executive

130 years of trust. One team shaping what's next. Allianz Group is one of the world's leading insurers and asset managers - built on over a century of stability, expertise, and financial strength. Allianz Services is where that legacy meets the future. 8,500+ people. Twelve countries. Four continents. We deliver specialized services to clients within Allianz Group, powered by AI, advanced analytics, and a mindset that refuses to stand still. From core insurance operations to engineering and consulting services, we reimagine how insurance works. What truly sets us apart are our people and the trusted partnerships we build, anchored in our values of expertise, integrity, and empowerment. We don't support the business. We shape it.



Job role

Allianz Services, delivers services aligned with the global Digital Resilience Service Line to ensure that Allianz Group can effectively anticipate, manage, and respond to disruptions affecting business operations (IT and Non-IT), employees, and physical assets.

A key pillar of this effort is Third Party Risk Management (TPRM). As regulatory expectations continue to increase—particularly through frameworks such as the Digital Operational Resilience Act (DORA)—Allianz is strengthening its TPRM capabilities and building a TPRM Lifecycle Service delivered by Allianz Services.

We are looking for an experienced leader who will establish, lead, and continuously develop the global TPRM managed service. In this role, you will be responsible for building and leading the TPRM team, shaping the service model, ensuring regulatory compliance, and delivering high-quality lifecycle services to Allianz entities worldwide. This role combines strategic leadership, service management, and deep expertise in third-party risk and outsourcing governance.

What you will do

  • Lead and manage the global TPRM service and team, ensuring high-quality delivery of Third Party Risk Management services across Allianz entities.
  • Define and continuously evolve the TPRM “Service as a Service” model, ensuring scalability, operational excellence, and strong governance.
  • Establish and develop the TPRM operating model, including roles, processes, service delivery standards, and collaboration with internal and external partners.
  • Drive the continuous improvement and maturity of the TPRM framework and processes across the organization.
  • Oversee the delivery of the full Third-Party Risk Management lifecycle, including onboarding, due diligence, risk assessments, ongoing monitoring, and offboarding of third parties.
  • Ensure consistent and effective implementation of the Allianz Third Party Risk Management and Outsourcing policies.
  • Supervise risk and control assessments (RCA) for third-party service providers across the lifecycle.
  • Ensure a robust and transparent inventory of outsourcing and third-party arrangements, including supporting risk documentation.
  • Act as the central governance function for TPRM, ensuring alignment with Allianz Group standards and regulatory requirements such as DORA.
  • Provide expert guidance and advisory on complex third-party risk topics to senior stakeholders.
  • Conduct and oversee TPRM maturity assessments and drive improvements in collaboration with Risk, Legal, Data Privacy, Procurement, and Information Security.
  • Ensure strong quality assurance and control oversight across the TPRM processes.
  • Ensure efficient operational delivery of TPRM lifecycle activities, including coordination with internal teams and external service providers.
  • Provide escalation management and expert support for complex risk issues.
  • Drive standardization, automation, and operational efficiency within the TPRM service delivery model.
  • Establish and oversee TPRM reporting and dashboards for internal and external stakeholders, including senior management.
  • Lead the preparation of TPRM assurance and regulatory reports.
  • Coordinate internal and external audits related to TPRM and outsourcing.
  • Build strong relationships with global stakeholders across Allianz entities, ensuring alignment and transparency in third-party risk management.

What you bring

 

  • 8+ years of professional experience in Third-Party Risk Management, Outsourcing Governance, Vendor Management, Procurement, or Risk Management.
  • Proven experience in leading teams or managing complex service delivery environments.
  • Strong knowledge of regulatory requirements related to outsourcing and operational resilience (e.g., DORA, VAIT, financial sector regulations).
  • Experience in building or managing risk management frameworks or managed services is a strong advantage.
  • University degree in Business Administration, Economics, Engineering, Law, or a related field.
  • Strong leadership and stakeholder management skills, with the ability to influence senior stakeholders.
  • Strategic mindset combined with hands-on execution capability.
  • We highly welcome candidates with a genuine interest and affinity for Information Technology (IT) and Generative Artificial Intelligence (GenAI), as these attributes are considered valuable assets to our team.


You have

  • Excellent communication, facilitation, and conflict management skills.
  • Fluent in English (written and spoken).
  • Advanced knowledge of MS Office (especially Excel and PowerPoint); experience with GRC tools such as OpenPages, ServiceNow, or similar platforms is a plus.
  • We highly welcome candidates with a genuine interest and affinity for Information Technology (IT) and Generative Artificial Intelligence (GenAI), as these attributes are considered valuable assets to our team.

What we offer

 

We support your well-being

 

  • Access dedicated counseling services, mental health resources, and well-being sessions designed to keep you feeling your best
  • Enjoy a personalized benefits package through a monthly budget on the Benefit platform, covering medical subscriptions, meal tickets, private pension plans, life insurance, Allianz Tiriac exclusive insurance discounts, and many more.
  • Prioritize what truly matters with time off on your birthday, additional vacation days for each year with Allianz (up to five extra days), Paid leave on December 24th and 31st, plus the flexibility to swap weekend holidays for extra days off, and special allowances for significant life events.

 

 

We invest in your growth

 

Take advantage of an extensive learning curriculum tailored to support your career growth and meet your professional needs, with access to a wide range of technical and soft skills trainings, international certifications (including Agile, Lean Six Sigma, PRINCE2, ITIL, IFOA, ACCA, IACCM, and more), learning resources from LinkedIn and Allianz platforms, language development opportunities (German, French, English), and our dedicated Leadership Program to help you reach the next level.

 

We value you and your work

 

We acknowledge and recognize your work through performance-based rewards to celebrate your achievements, team, and individual recognition programs to celebrate your contributions and internal referral bonuses.  

 

Your personal information, including sensitive data, may be shared with Hiring Managers to evaluate your suitability for the role. Only candidates who meet the criteria will be contacted, and all applications will be treated with strict confidentiality.

#LI-RR1

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.

We are united by a shared commitment: to put our customers first and at the center of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

We therefore welcome applications regardless of ethnicity or cultural Internal background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

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 expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.