Regional Head of Compliance - North America
New York, NY, US, 10005 Chicago, IL, US, 60606
Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow
At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for a Regional Head of Compliance – North America Located in Chicago or New York.
Your Team
The Compliance Team is committed to helping employees and those who do business with Allianz Commercial maintain our highest standards of integrity, ethical behavior and trust, as they are key for delivering a superior customer experience.
The Impact You Will Have
Reporting to the Allianz Commercial Chief Compliance Officer, you will join the team as a Regional Head of Compliance – North America, responsible for executing the Allianz Commercial Compliance program at a regional level as well as putting in local Compliance plans where required and in agreement with the Allianz Commercial Chief Compliance Officer.
Some of your specific responsibilities could include:
-
Leading the local implementation of compliance Policies, Standards and Functional Rules, advising the regional business on compliance risk management and collaborating with the Compliance Assurance function and other governance functions during independent reviews.
-
Participating in the Regulatory & Legal Change Monitoring process, Compliance Risk Assessment process and generally providing local compliance input as and when required.
-
Preparing North American compliance plans to be agreed with the CCO and communicated to local Management.
-
Representing Compliance in the regional governance fora and ensuring regular interaction with regional management, especially on matters related to financial crime, sanctions and gifts & entertainment.
-
Effectively leading the regional Compliance team, and ensuring it is an integral part of the Allianz Commercial . Compliance team.
-
Initiating a monitoring program in line with regional needs, and focusing on economic sanctions and anti-corruption.
-
Developing and maintaining a targeted training program to supplement Allianz Commercial Compliance centralized training in collaboration with global topic owners.
-
Handling compliance investigations and inquiries as directed by the Allianz Commercial Compliance Assurance function and in coordination with any other regional governance functions/HR as required.
-
Providing input for reports to regulators, AzC corporate functions and governance bodies as required
What You’ll Bring to the Role
-
A minimum of 5 years of experience in a Compliance/Audit environment in the insurance industry, including a strong knowledge of risks and controls applicable to the insurance business;
-
Experience working in a large, global framework;
-
Expert knowledge of compliance processes and methodologies, with an understanding of the regulatory and compliance environment, including relevant policies, laws and regulations applicable to the US;
-
Knowledge of financial crime regulations especially economic sanctions;
-
Excellent analytical skills with an ability to identify and resolve issues before they transpire;
-
Ability to negotiate the best position for Allianz Commercial, and client, often in contentious situations, managing conflicting priorities of various parties;
-
Excellent verbal and written communication skills;
-
Ability to build and foster relationships, influence others and take initiative and resolve problems with high degree of autonomy;
-
BA in Business/law/economics or other relevant subject; and
-
Compliance/Financial crime certification a plus.
- A deep knowledge of artificial intelligence (AI) and machine learning (ML), with the ability to leverage AI-driven insights to shape strategic decisions and drive innovation across the organization.
The annualized base pay range for this role is $155,000 - $210,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
80188 | Legal & Compliance | Management | Allianz Commercial | Full-Time | Permanent
What’s in it for you?
Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let’s care for life’s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
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. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com
Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm
#LI-KK1
#LI-Hybrid
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City