Operational Risk Analyst (m/f/d)

Job Level:

München, DE, 80802

Available until:

Area of Expertise:
Risk Management

Allianz Investment Management

Employing Entity:
Allianz Investment Management SE

Job Type:

Remote Job:
Hybrid working

Employment Type:


Allianz Investment Management (AIM) is the investment management arm of the Allianz Group, responsible for managing the risk/return profile of its approx. EUR 800 bn investment portfolio. Our global network of more than 500 employees in over 60 countries is organized in regional hubs located in Munich/Stuttgart, Milan, Minneapolis, Paris, and Singapore. It offers multifaceted career opportunities for outstanding investment talents.
AIM provides the perfect opportunity to embark on or continue your international career. AIM continues to grow and supports its employees to do the same. We believe that work should be rewarding, and that good work should be rewarded. We offer opportunities and strive for excellence. And our actions are guided first and foremost by high ethical standards and our sense of commitment to society.
Job purpose
You will work in the Global Financial Control function of AIM within the Risk&Investment Analyitcs team, being responsible for operational risk management. The role involves supporting the investment management business (1st Line of Defense) with implementation and maintenance of the non-financial risk management framework globally. You will maintain the internal risk and control frameworks and provide independent oversight capacity. You will be in close contact with AIM Global functions and Group Risk to understand our investment processes. You will work on strategic projects with close interaction to top management.
Key responsibilities
Develop an expertise of functions in scope and advise on decisions with operational risk impacts such as new activities and other change management/transformational initiatives.
Assess, monitor and effectively challenge the functions Risk and Control Assessment process including risk identification, risk assessment, risk mitigations and Key Risk Indicators (KRI) (incl. remediation or effectiveness of controls).
Execute on Independent 2nd Line of Defense Testing Program against functions control framework
Oversight, challenge and report on Operational Losses including both Actual and Potential Incidents and the oversight of root cause analysis and action plans.
Promote a healthy risk culture through regular staff training and communications

Key requirements
Detail oriented, organized and focused on quality.
Comfortable interacting with all levels of staff, including Senior Management.
Excellent oral, written, interpersonal and presentation skills.
Solid analytical and problem-solving skills.
Initiative driven and ability to execute in and adapt to a complex, matrix, evolving environment

23170 | Risk Management | Professional | Allianz Investment Management | Full-Time | Permanent
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.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. Let’s care for tomorrow.