Senior Procurement Governance and Assurance Officer

Allianz Popular SL.; Guildford; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Procurement Governance and Assurance Officer to enhance their UK Procurement function. This hybrid role involves designing and assuring compliance with procurement standards, engaging with cross-functional teams, and driving adherence to regulatory requirements. You will play a pivotal role in ensuring that the organization meets its governance ambitions while fostering a culture of collaboration and personal development. Join a company that values diversity and inclusion, and supports flexible working patterns to help you thrive in your career.

Benefits

Flexible working hours

Diversity and inclusion initiatives

Support for neurodivergent candidates

Tailored adjustments for disabilities

Qualifications

• Extensive experience in procurement and risk management, ideally in financial services.
• Strong understanding of regulatory requirements and governance frameworks.

Responsibilities

• Design and assure adherence to procurement standards and controls.
• Support cross-functional teams in compliance with regulatory obligations.

Skills

Procurement Management

Risk Management

Regulatory Compliance

Governance

Stakeholder Engagement

Auditing

Supplier Assurance

Due Diligence

Education

Bachelor's Degree in Business or related field

Professional Certification in Procurement or Risk Management

Tools

Risk Management Frameworks

Compliance Monitoring Tools

Job description

Senior Procurement Governance and Assurance Officer

Role Description

Allianz are looking for an experienced Senior Procurement Governance and Assurance Officer to join our UK Procurement function and help us deliver robust governance, supporting regulatory requirements and opportunities.

This will be a hybrid role working ~2 days a week from our Guildford office.

As our Senior Procurement Governance and Assurance Officer, you will design, set and assure adherence to our standards, controls and functional rules for Procurement and Third Party Risk activity. You will drive cross-functional teams to ensure activities are conducted smoothly, effectively and allow us to demonstrate compliance with Group and regulatory requirements relating to Outsourcing and TPRM. With the support of Procurement and Outsourcing Assurance Officers, you will ensure our key controls and requirements under our Sourcing, Outsourcing and Third Party Risk Management (TPRM) policies are defined and conducted correctly, assessed for quality and appropriately stored for audit and compliance purposes. You will work with leaders across the business, supporting understanding and adherence to their regulatory obligations.

Sitting within a team that values autonomy, organisational visibility, collaboration and ongoing personal development, you will play a pivotal role in delivery of our future state TPRM governance ambitions.

Key accountabilities

• Ownership of UK Outsourcing and TPRM standards; maintaining on behalf of Head of Procurement in line with Group Standards, local Regulatory requirements and best practice.
• To support and enhance the Outsourcing and Third-Party Risk Management function, advising on regulatory requirements and best practice, providing quality assurance and governance to ensure and report on compliance.
• Support Procurement/ supply chain management teams in ensuring that risks (ESG, Financial, Ethical, infosec, concentration etc) and associated mitigation activity always reflects best practice, current regulatory and group standards.
• Responsible for providing ongoing Procurement, Outsourcing & TPRM operational support, guidance, and operational subject matter expertise to stakeholders, supporting implementation of key initiatives.
• Define appropriate monitoring mechanisms in line with the Group Outsourcing and TPRM Functions to measure and steer the Local Outsourcing and TPRM frameworks. This includes their integration into the Non-Financial Risk Management framework.
• Collaborate with safeguarding teams to integrate third-party risk considerations into the overall operational model and measure assure compliance in relation to supplier due diligence, for example, timely Privacy Impact Assessments and Information Security assessments are conducted.
• Lead coordination and reporting for Procurement and Outsourcing Governance forum in support of regulatory monitoring and reporting requirements across supply chain and beyond – reviewing and sharing thematic risk updates.
• Support notification to supervisory authority in accordance with the stipulated timelines set by the regulation.
• Leading on internal audit and compliance actions for Procurement function.
• Knowledge and understanding of all aspects of Procurement and risk management processes, specifically due diligence and risk assessment and remediation activities.
• Understanding of supplier assurance and relationship management practices.
• Excellent understanding of corporate risk/risk management frameworks and processes as demonstrated by experience working in Financial/ Insurance sectors in Assurance/ SRM/ TPRM roles.
• Working knowledge of applicable regulations to a procurement function operating in a UK Financial Services entity.
• Understanding of applicable European Procurement and TPRM regulations.
• Experience of interacting with the PRA, FCA and/ or the Bank of England.
• Experience of aligning cross-country Group vs Local standards.

Don’t quite meet all of the requirements? We would still love to hear from you.

Our Ways of Working

Do you need some flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen.

Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.

Diversity & Inclusion

At Allianz, we prioritize diversity and inclusion, demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.

We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.

We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.

Accessible Application for All

As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role.

Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.