Area of Expertise:
Legal & Compliance Unit:
Allianz Commercial Employing Entity:
Allianz Global Corporate & Specialty SE Job Type:
Full-Time Remote Job:
Hybrid working Employment Type:
Permanent ID:
59694 Non-Executive Legal Counsel Sanctions (m/w/d) in Compliance Let's care for tomorrow.
We are looking for a Legal Counsel Sanctions (m/w/d) in Compliance based in Munich, Hamburg or Cologne.
Please note that the internal job title for this role will be - Compliance Governance Specialist - Economic Sanctions.
Your Team
At Allianz Commercial our compliance department manages compliance programmes globally, staying abreast of external requirements and internal developments to identify and minimize compliance risks, protecting the interests of the company.
The Impact You Will Have
Reporting to the Head of the Sanctions Unit and part of the Global Compliance Team, as a Compliance Governance Specialist, you will analyse sanctions laws and regulations, provide support and guidance and perform Economic Sanctions assessment for business referrals, engage with Underwriting, Claims and other functions, to address and manage relevant compliance aspects in support of business needs. You will drive constant process and training improvements and ensure proper and timely communication to the business. You will also develop standard reports and provide periodic reports to sanctions team, L&C and business and support the sanctions team in various IT driven requests.
Some of your specific responsibilities could include:
Perform Economic Sanctions assessment for business referrals and provide support and guidance to the various business stakeholders.
Have a sound understanding of the sanctions requirements across business areas and improve the sanctions processes and/or streamlining requirements.
Closely track sanctions developments across the various applicable regimes and assess such developments for impact and required implementation at Allianz Commercial.
Prepare the necessary management information reports on the relevant sanctions referrals, trends and developments for the Board, internal stakeholders and the Allianz Group.
What You'll Bring to the Role
University degree in Law - preferably German fully qualified lawyer or at least 1st State Exam.
4-5 years of work experience in economic sanctions or anti-financial crime (AFC).
Several years of experience in the insurance/reinsurance business.
Strong expertise in legal analysis and assessment as well as in providing legal advice.
Exposure to stakeholder management preferably in a global set up.
Good understanding of internal controls system, processes and methodology.
Ability to take initiative and resolve problems with a high degree of autonomy.
Excellent interpersonal, strong communication and presentation skills, ideally with training experience.
Solid ability to steer and manage topics/initiatives with a cross-functional view.
Strong ability to work in a team and in an international environment.
Familiarity with database workflow tools.
Strong Microsoft Office and Excel skills.
Fluent English and German language skills (both in spoken and in written) are required.
What's in it for you?
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.
Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.
People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email ***.
Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.
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