1LoD Risk & Controls Lead

Allianz; New Addington; Hybrid; GBP 65,000 - 90,000; Full time

Job summary

Allianz UK is seeking a seasoned risk professional to own risk and controls for the UK Operations function. You will partner with Risk, Compliance and business stakeholders to strengthen the control environment within regulatory appetite and support risk-based reporting.

The role involves designing, testing and maintaining controls, driving remediation and improvement actions, and contributing to AI governance and third-party risk considerations.

Qualifications

• Degree in business, finance, risk, or accounting.
• Professional qualification in risk management desirable.
• Experience in first line risk and internal controls in a regulated financial services environment.

Responsibilities

• Own and execute risk management within the function by documenting processes, risks, controls and residual exposures.
• Design, implement and maintain 1LoD controls aligned with UK frameworks focusing on operational, change and compliance risks.
• Test key control design and effectiveness per risk-based plan; support RCSA and attestations.
• Log and manage operational risks/incidents/near misses with root-cause analysis and corrective actions.
• Produce timely MI on risk and control to governance forums for actionable insight.

Skills

Risk management

Internal controls

RCSA

Stakeholder management

Analytical skills

MS Office

Change management

AI governance

Education

Degree in business/finance/risk/accounting

Professional qualification in risk management

Tools

Regulatory reporting tools

Microsoft Office

Job description

Allianz UK is seeking a seasoned risk professional to own risk and controls for the UK Operations function. You will partner with Risk, Compliance and business stakeholders to strengthen the control environment within regulatory appetite and support risk-based reporting.

The role involves designing, testing and maintaining controls, driving remediation and improvement actions, and contributing to AI governance and third-party risk considerations.