Compliance Risk Expert / Anti-Financial Crime Milano

Compliance Risk Expert / Anti-Financial Crime
Milano
Lombardia, Milano

JOB PURPOSE/ROLE

The Compliance function is responsible for developing, publishing and monitoring the implementation of group-wide requirements mitigating compliance risks and advising and training operating units of the Allianz Group in the areas of anti-money laundering, corruption, bribery, fraud, antitrust, customer protection, market integrity and economic sanctions.

As Compliance Risk Expert, you will focus on Compliance risks in the area of Anti-Financial Crime (AFC), including anti-bribery & corruption, economic sanctions and anti-money laundering (AML).

You will be located in the Allianz SE branch in Italy interacting extensively with the teams in Munich and with Allianz entities around the globe.

The missions of Compliance related to Risk & Controls are:

- to identify and define a comprehensive compliance risk universe to be aligned with the risk management universe, specifically linking to non-financial risks (e. g.

operational, strategic, reputational)

- to define, develop and maintain a methodology for the risk management considering inherent risk, mitigating controls, residual risks and risk appetite definition

- to define KRIs and relevant risk scenarios and respective controls reflecting requirements regarding Allianz' comprehensive compliance risk universe including rules and regulations embedded in the respective Allianz policies and standards

- to support the implementation of Allianz policies and standards with regards to the Internal Risk and Control Frameworks including follow-ups and reviews by completing and updating the risk documentation

**KEY RESPONSIBILITIES

- Define key risks including market and segment specific risks and elaborate controls working together with the Controls team to ensure completeness of the catalogue of key compliance controls with a focus on Anti -Financial Crime

- Risk-rate key Compliance risks by way of a Compliance "top-risks" approach

- Together with the Controls team, define key controls to be implemented at the local level to ensure proper monitoring and oversight of key compliance risks (by the Business / Line functions)

- Define, implement and conduct Compliance risk assessments for core compliance areas groupwide

- Steer and monitor risk assessment results and challenge implemented processes regarding Risk & Controls

- Ensure OE Compliance functions are clear on the requirements of various global programs and to better understand insurance, asset management, banking and pensions compliance related risks

- Steer risk exposure including responsibilities and accountabilities across Allianz entities per risk category and qualitative statements and quantitative thresholds per risk category

- Provide advice on Compliance risks with regards to risk assessment and risk & controls

- Communicate explicitly and precisely any deficiencies and respective recommendations for remediation

**KEY REQUIREMENTS/SKILLS/EXPERIENCE

- University degree in a business-related field (e. g.

Finance, Insurance, Business Administration / Economics)

- 4+ years of experience in the Financial Service Industry (Insurance, Banking is a plus) in finance, compliance, risk management, internal controls, external or internal audit or as consultant

- Experience in Risk Management

- Project management experience and execution focus

- Strong analytical, communication, intercultural, social and organizational skills

- Ability to identify and implement practical solutions to complex problems

- Taking ownership, actively seeking and volunteering for new challenges; strong team spirit and value-add driven mindset; establish and maintain constructive working relationships

- Intellectual curiosity and readiness to learn

- Fluent in English both written and verbal, any additional language will be an advantage

- Excellent MS Office skills

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.

**Job Level**:

Professional

**Location**:

- Milan, IT, 20145**Available until**:

**Area of Expertise**:

Legal & Compliance

**Unit**:

Allianz SE

**Employing Entity**:

Allianz SE

**Job Type**:

Full-Time

**Remote Job**:

Not applicable

**Employment Type**:

Permanent

**ID**:

9693