Senior TPRM & Outsourcing Governance Lead

Allianz Malaysia; Kuala Lumpur; On-site; MYR 180,000 - 300,000; Full time

Job summary

Allianz Malaysia is seeking a skilled professional to drive Third-Party Risk Management and Outsourcing Governance across the lifecycle of third-party arrangements. The role partners with Business Owners, Risk, Compliance, Legal, Information Security, and Technology to strengthen governance and resilience of Allianz Malaysia's third-party ecosystem.

Responsibilities include coordinating onboarding, renewals, annual reviews, risk assessments, and monitoring remediation; overseeing governance of

Qualifications

• 4-10 years of experience in Third-Party Risk Management, Outsourcing Governance, Vendor Risk Management, Operational Risk, Operational Resilience, Compliance or Governance functions.
• Experience in insurance, banking or other regulated industries preferred.
• Bachelor's Degree in Risk Management, Business Administration, Finance, Law or Information Technology or related discipline.
• Strong understanding of third-party risk, outsourcing governance and regulatory requirements.

Responsibilities

• Lead and coordinate Third-Party Risk Management and Outsourcing Governance activities across onboarding, renewals, annual reviews, material changes and exit planning.
• Facilitate cross-functional risk assessments covering operational, regulatory, information security, privacy, legal and resilience considerations.
• Oversee governance of Outsourcing Arrangements, Critical Service Providers and high-risk third-party relationships.
• Review and challenge risk assessments, exit strategies and supporting governance documentation.
• Monitor remediation actions, annual review requirements and ongoing third-party risk obligations.
• Drive concentration risk assessments, dependency mapping and critical service provider oversight.
• Prepare governance reports, risk insights and management updates for relevant stakeholders and committees.
• Partner with Business Owners and support functions to strengthen awareness and ownership of third-party risks.
• Support continuous improvement of TPRM, Outsourcing Governance, monitoring and reporting capabilities.

Skills

Third-Party Risk Management

Outsourcing Governance

Vendor Risk Management

Operational Risk

Operational Resilience

Regulatory Compliance

Governance

Stakeholder Management

Education

Bachelor's Degree in Risk Management / Business Administration / Finance / Law / IT

Tools

AI tools usage (e.g. ChatGPT)

Job description

Allianz Malaysia is seeking a skilled professional to drive Third-Party Risk Management and Outsourcing Governance across the lifecycle of third-party arrangements. The role partners with Business Owners, Risk, Compliance, Legal, Information Security, and Technology to strengthen governance and resilience of Allianz Malaysia's third-party ecosystem.

Responsibilities include coordinating onboarding, renewals, annual reviews, risk assessments, and monitoring remediation; overseeing governance of