Valuation Specialist (f/m/d) - Limited to 24 months

We are currently hiring a Valuation Specialist (f/m/d) to support the Independent Price Verification Team.

This position will be based in Frankfurt.

What you will do

• Verify the accuracy of externally sourced prices for listed instruments (e.g. Bonds, ABS, Convertibles, etc.) and of externally sourced market values for OTC derivatives (e.g. Options, IRS, CDS, etc.)
• Determine fair values of less liquid securities (e.g. Distressed debt, Delisted equity, 3-rd party alternative investment funds, etc.) by means of an appropriate valuation model
• Model non-plain vanilla OTC derivatives (e.g. Swaptions, Basket CDS, etc.) with tools provided by 3-rd party vendors (mainly Bloomberg)
• Resolve time critical valuation issues respecting investment funds´ cut-off times
• Communicate effectively to internal stakeholders (e.g. Risk Management, Investment teams, Legal & Investment Compliance, Fund Administration, etc.)

What you bring

Required:

• Master’s degree in Finance, Economics or related field
• Knowledge of the most widely used valuation models (e.g. Discounted Cash Flows, Enterprise Value, Black Scholes, Stochastic Volatility, Hull-White, etc.)
• Microsoft Office (especially MS Access and MS Excel)
• Excellent people skills and good communicator; must be able to effectively communicate to various levels (management, investment professionals, client service, outside business partners)
• Calm under pressure
• Ability to prioritize multiple tasks in an organized and methodical manner
• High commitment, motivation and willingness to take on responsibility
• The ability to work independently as well as the ability to work flexibly in a team environment
• Fluency (in spoken and written) in English

Preferred:

• Relevant experience within the financial industry, preferably in the asset valuation function of an international asset manager
• First-hand experience with the pricing service of the major data providers (e.g. Bloomberg, S&P, LSEG, etc.)
• Coding skills in Python and SQL
• Experience in developing new IT applications for streamlining processes
• CFA or FRM charter
• Fluency in German both spoken and written

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.

100511 | Operations | Professional | n.a. | Allianz Global Investors | Full-Time | Temporary