Fund in Fund Operations Specialist (f/m/d) - Limited to 20 months

We are looking for a proactive and detail-oriented professional to join our Fund-in-Fund Operations team within Client Operations Europe.

In this role, you will manage key operational processes and actively contribute to strategic initiatives aimed at enhancing efficiency and scalability. Beyond day-to-day responsibilities, you’ll have the chance to participate in cross-country projects, support new product launches, and drive automation to optimize workflows.

Working closely with internal and external stakeholders, you will play a key role in shaping operational infrastructure and delivering best-in-class service to our clients.

This position will be based in Frankfurt.

What you will do

• Participate in strategic and operational projects that enhance service delivery and operational infrastructure
• Collaborate with internal and external stakeholders to implement process changes and system enhancements smoothly
• Define, implement and manage order setup for fund in fund investments (e.g., FundSettle) and perform eligibility checks, support New Product Initiatives
• Drive automation and process optimization to increase efficiency and scalability
• Manage relationships with service providers and oversee trailer fee collection processes
• Negotiate fees and cooperation agreements for AllianzGI, Allianz Group companies and external partners
• Support onboarding and documentation for new distributors and clients
• Prepare and distribute fund-related documents to platforms and service providers (e.g., Bloomberg, Morningstar) with accuracy and timeliness

What you bring

• Master's degree in Economics, Finance or Business Administration
• Initial experience in the asset management industry, with minimum 1 to 2 years of relevant experience
• Experience in fund operations, asset management operations or custody services for target funds
• Analytical mindset, strong attention to detail and process-improvement skills
• Ability to handle larger cross-country operational implementation projects
• Excellent communication skills in English both written and spoken; German is an advantage
• Proficiency in MS Office; experience with Bloomberg and Power BI; knowledge of Microsoft CoPilot is a plus

What we offer

• We empower our employees by ensuring flexible work arrangements that maintain a balance between performance, productivity, career development and personal priorities (e.g., hybrid model/ flexible working hours)
• Securing your future: Access to company pension/savings plans
• Family support (relocation/ childcare facilities)
• Company share purchasing plan
• Mental health and wellbeing programs
• Mobility solutions (Jobrad bike leasing, subvention Jobticket)
• Career opportunities within the entire Allianz Group
• Self-guided learning & development
• Volunteering time
• … and so much more!

About Allianz Global Investors

Allianz Global Investors is a leading active asset manager, managing assets for individuals, families, and institutions worldwide. Our shared goal to shape a future of opportunity for our clients is foundational to our culture and our values. We look to attract, and actively nurture, individuals with the drive to achieve excellence at every stage of the investment experience. 

We believe an inclusive culture is key to a flourishing workforce. Not only do we celebrate the broad range of experiences, backgrounds, and attributes that our workforce brings, but we support our people to live and work in a way that promotes their own wellbeing.

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.  

We are united by a shared commitment: to put our clients first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.  

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our clients and for the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.  

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. 

If you feel inspired to promote the active asset management experience, this is the place for you. Join our international, technology-enabled, and agile environment. Simply upload your CV in English to apply for this position.  If you need support to navigate our websites or at any stage during your application, please send an email with your request to recruiting@allianzgi.com. 

To Recruitment Agencies:

Allianz Global Investors has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Global Investors does not accept unsolicited resumes from agency or search firm recruiters.

When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place.

Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz Global Investors.

Finally, please do not contact hiring managers directly.

Join us. Let’s care for tomorrow.

How to Apply: Applying is quick and easy. Simply upload your CV, complete your personal details, confirm your consent for AI support in the “Additional Information” section, and submit your application.

To support our recruiters, we use Fit Score—an AI‑powered tool that highlights how closely your profile aligns with the role. This helps us review applications more efficiently and focus on what matters most: your skills and experience.

Good to know: The Fit Score is a support tool only. At Allianz, technology never replaces human judgment. Every application is carefully reviewed by our recruiting teams, ensuring a fair, thoughtful, and personal hiring process.

106480 | Operations | Professional | n.a. | Allianz Global Investors | Full-Time | Temporary